Luxury Real Estate Tycoons Tal and Oren Alexander, From High-End Properties to Federal Sex Trafficking Charges
Real estate brothers Tal and Oren Alexander, along with Alon Alexander, are arrested on federal sex trafficking charges involving drugging and assaulting dozens of women.
NYC Restaurateurs Zhan Petrosyants and Marianna Shahmuradyan Face Lawsuit Over $122K in Unpaid Rent at Trump World Tower
The article discusses a lawsuit for unpaid rent against Zhan Petrosyants and Marianna Shahmuradyan of New York, and separate claims of insurance fraud involving an associate of Mayor Eric Adams.
SL Green Cements Midtown Presence With Major Leases Near Grand Central Terminal
SL Green Realty inks a ten-year lease renewal with Travelers Insurance for 123,000 sq ft near Grand Central and signs Alvarez & Marsal to a 15-year lease at 100 Park Avenue.
New York City Introduces Annual Parapet Inspection Mandate to Enhance Building Safety by 2024
NYC mandates annual parapet inspections for building safety, with compliance required by December 31, 2024. The rule exempts one- or two-family homes and buildings with barriers.
Iconic Manhattan Helmsley Building Faces Foreclosure Amid Real Estate Challenges
The Helmsley Building in Manhattan faces foreclosure due to financial issues and a valuation drop, despite RXR Realty's efforts and potential for residential conversion.
East Harlem Tenants File Suit Against Landlord, Accusing Emerald Equities of Withholding Security Deposits Amid Building Issues
Nearly 5,000 New Yorkers filed complaints against landlords for withholding security deposits, prompting a collective lawsuit by East Harlem tenants against Emerald Equities.
New York City Introduces More Affordable Housing Options with Rents Starting Under $1,000
Housing Connect lists affordable apartments in NYC, with rents under $1,000, featuring options in Queens and a Madison Avenue high-rise with a housing lottery.
Historic Times Square Properties Sold for $48 Million, Poised for Commercial Revival
Manhattan's Times Square West properties have been sold for $48 million to a partnership of real estate firms, with Cushman & Wakefield facilitating the transaction.
Former Dylan's Candy Bar Location on Upper East Side Faces Foreclosure Lawsuit
The former location of Dylan’s Candy Bar on the Upper East Side is subject to a foreclosure suit as Olshan Properties allegedly failed to pay a $35 million mortgage.
New York City Hotel Scene Shuffles as Veteran Hotelier Sam Chang Nears Retirement with Multi-Million Dollar Sales
Hotelier Sam Chang sells a Holiday Inn Express in Manhattan for nearly $60 million, indicating a move towards retirement with a series of property sales.
Billionaire Bill Ackman Puts Two Beresford Apartments on the Market for Nearly $20M in NYC's Upper West Side
Bill Ackman is selling two luxury apartments in the Beresford building for $19.9 million, potentially at a loss from their $22.1 million purchase price.
New York's "City of Yes" Housing Plan Advances Amid Local Debate, Awaiting City Council's Determining Vote
Mayor Adams' "City of Yes" housing plan passed a City Planning Commission vote and faces City Council review amidst mixed reactions regarding zoning changes and parking mandates.
Four Seasons Hotel in Midtown Manhattan Reopens, Restores Status as NYC's Most Expensive Amid Increased Room Demand
The Four Seasons Hotel New York is reopening after a COVID-19 pandemic closure, adding 368 rooms to a tight hotel market and reaffirming its status as the city's priciest hotel.












