Tag: Hudson Yards

EB-5: CRE’s Favorite Political Quagmire

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There are programs at both the state and federal levels designed to encourage investment and development in economically sluggish neighborhoods–in both major cities and rural areas. These programs range from state tax-incentive programs such as Pennsylvania’s Keystone Opportunity Zone (KOZ)…

The Mensch & Schlemiel of the Week

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Mensch: Noun. A decent, upright, mature and responsible person. Schlemiel:  Noun, slang. An awkward, clumsy, or unlucky person whose endeavors tend to fail. A loser. Mensch of the Week: Michael Horodniceanu, Chief Engineer and President, MTA Capital Construction Today we’re…

Commercial Real Estate Week in Review

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Week in Review for June 6-12: Bob Evans Jumps After Pursuing Real Estate Plan for Restaurants: the restaurant company sees its highest stock price in nearly half a year, reports Bloomberg, thanks to activist-investor-spurred efforts to raise capital through its substantial…

The Mensch & Schlemiel of the Week

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Mensch:  Noun, informal. A decent, upright, mature and responsible person.  Schlemiel:  Noun, slang. An awkward, clumsy, or unlucky person whose endeavors tend to fail; a loser. – Mensch of the Week: Eliot Spitzer? Yes. Eliot Spitzer, New York State’s former attorney general…

The Llenrock Poll

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Related Cos’ Hudson Yards development is ambitious, even by Manhattan standards. Still, the interest shown by investors, competing developers, and future tenants shows that this project–however big and complicated–is a high-stakes gamble that just might pay off.

The Mensch & Schlemiel of the Week

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Mensch:  Noun, informal. A decent, upright, mature and responsible person.  Schlemiel  Noun, slang. An awkward, clumsy, or unlucky person whose endeavors tend to fail; a loser. Mensch of the Week: Stephen M. Ross, Founder of Related Cos.  Check out this headline from…

Commercial Real Estate Week in Review

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Week in Review for September 7-13: CoStar Group calls it a “City within a City”: Related Co.’s Hudson Yards project, arguably the largest private development in the country’s history, is beginning to take shape on Manhattan’s West Side. The mixed-use…