• JPMorgan fails to thwart Wells Fargo suit over Chetrit
loan ,
The Real Deal

    JPMorgan fails to thwart Wells Fargo suit over Chetrit loan 

    The lawsuit Wells Fargo leveled a year ago against JPMorgan Chase and Meyer Chetrit isn’t going away. On Monday, a federal judge declined JPMorgan’s motion to dismiss the breach of contract lawsuit, Reuters reported. The judge ruled that in Wells Fargo’s capacity as the trustee for investors it met

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  • Gary Barnett taps Andrew Chung as Extell co-CEO,
The Real Deal

    Gary Barnett taps Andrew Chung as Extell co-CEO

    Gary Barnett has hired Andrew Chung as his partner at Extell Development as the prolific condo builder sets his sights on more commercial projects. Chung, who was one of the trailblazers of the mid-2010s last-mile warehouse boom, is joining Extell with the titles of president and co-CEO, Barnett ann

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  • New plans filed for one of Hudson Yards’ last big dev
sites,
The Real Deal

    New plans filed for one of Hudson Yards’ last big dev sites

    Plans were filed last week for a residential tower on one of Hudson Yards’ last major development sites. One question remains: who’s building it? Prospect Development Group’s Konstantin Gubareff filed plans for a 34-story, 450-unit building at 460 Tenth Avenue, Crain’s reported. The plans on the 2,5

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