Southampton Showdown: Sotheby’s Sues Seller Over $56 Million Meadow Lane Deal
Sotheby’s has sued the seller of 1010 Meadow Lane in Southampton, saying she skipped an $840,000 commission after a roughly $56M sale. The complaint is now pending in New York County.
NoMad’s Innside Hotel Fetches About $200 Million In Quiet Meliá Power Play
The 313-room Innside New York NoMad traded in a low-$200M Manhattan sale to a buyer tied to Meliá. The move shifts ownership away from the Artimus-linked developer.
OceanFirst Races to Dump $1.4 Billion in Rent-Stabilized NYC Apartment Debt
OceanFirst said it will sell about $1.4B of multifamily loans acquired from Flushing, largely NYC rent‑stabilized units, in a move to cut CRE concentration. The bank expects the sales to be completed by the end of the second quarter.
Chelsea Affordable Tower Snags $75.7 Million Lifeline From Wall Street Duo
Walker & Dunlop and Pretium’s joint venture closed a $75.7M bridge loan to refinance a 174‑unit Chelsea building, bridging the property to an anticipated HUD 223(f) takeout. The deal marks the venture’s first closed transaction and aims to preserve affordable units while permanent financing is secured.
Hamptons Landlords Sweat As Last-Minute Renters Treat Mansions Like Amazon Orders
East End summer homes are being leased later in the season as younger travelers book closer to arrival; the shift is pushing hosts toward dynamic pricing and hospitality‑style operations.
Across From Penn, Shuttered Midtown Hotel Flips to 579 Affordable Apartments
Slate Property Group and Breaking Ground will convert the 31‑story Stewart Hotel near Penn Station into roughly 579 permanently affordable apartments with on‑site health and social services.












