In the weeks after the bankruptcy sale of more than 5,200 New York City apartments closed, the properties' new management found itself in meetings with a group of tenants demanding repairs to their deteriorating buildings.
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Besen Partners Taps Sam Finkler to Lead Launch of Besen Private Capital Group Besen Partners, one of the longest-tenured NYC-based commercial real estate brokerages, is expanding nationally with the launch of the Besen Private Capital Group New York, NY – April 3, 2026 — Besen Partners announces the launch of Besen Private Capital Group taps Samuel R. Finkler to spearhead. As the New York City...
July 21, 2025 | Ciara Long, New York City In the weeks after President Donald Trump rolled out his proposed tariffs, New York City’s hotel sector braced in anticipation of a drop in visitor numbers. But that dip never happened. Visitors are still coming to the city in similar numbers to last year, filling up the city's hotels and pushing revenue to new highs. But even so, investors are eyeing...
New York City - September 18, 2025 Sasha Jones, Bisnow While 99 is still the magic number for most New York City multifamily developers these days, some apartment developers are still going big. Of the 281 multifamily construction permits filed in the first half of the year, 19 were for buildings with 100 or more units, according to an analysis of Department of Buildings data by the Real Estate...
Ron Cohen, a commercial real estate broker who sells multifamily properties for landlords, came to the public hearing with a clear message for the Rent Guidelines Board. “Any increase in rents is very necessary to maintain quality to maintain these buildings for a better quality of living for these tenants,” he said.
Haussmann Development has acquired a vacant lot in Harlem and plans to build a 10-story residential building on the site.
New York's hotel occupancy rate faltered slightly from its October high as rooms used to shelter migrants begin to empty out.
Owning and operating property in New York City is a double-edged sword of great opportunity and intense regulation.
In the coming months, New York City will end its contracts for thousands of hotel rooms that have served as shelters for the waves of migrants who have arrived in the five boroughs.
Hospitality operators and owners in New York City say a city council bill poses an existential threat to many of the city’s hotels. The Safe Hotels Act, a bill introduced by City Council Member Julie Menin in mid-July, has caused an uproar among hotel owners, who say its labor requirements and proposed licensing process will place the city’s entire industry in a stranglehold.