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Far West Rising

Just north of the Hudson Yards project, a new neighborhood is sprouting with nearly 12 million square feet of development underway By Rich Bockmann When the city rezoned the Far West Side in 2005, it wasn’t just to get mega…

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The EB-5 Gravy Train

TRD’s five-part investigation on the ‘crack cocaine’ of real estate financing — and who’s profiting from it By Katherine Clarke and E.B. Solomont   Howard Michaels, the tough-talking finance broker, shot off an email in 2014 to his client Michael…

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What’s behind Anbang’s record-breaking $19B hotel play?

From left: Anbang’s Wu Xiaohui and Blackstone’s Stephen Schwarzman at Harvard University in early 2015 (credit: Anbang Insurance Group) By Konrad Putzier In a single weekend, Anbang Insurance Group laid out $19.3 billion in cash to acquire two marquee U.S.…

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Commercial bubble trouble?

By Farah Halime Predicting a market bubble is almost always a losing pastime. But that hasn’t stopped brokers, market analysts and economists from talking about whether the New York commercial market is peaking — and what the global economic slowdown…

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Shaken by worldwide tumult

By Konrad Putzier Hardly a day has gone by in 2016 without headlines about turmoil in the world’s financial markets and struggling economies. High on the list of concerns: plunging oil prices, erratic stock markets, the slowdown in China, a…

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