Pearl Realty Snags Long Island City Office Block For Cut-Rate $28M
Pearl Realty paid $28M for Long Island City’s Paragon building, more than half below its 2023 price. The sale highlights opportunistic buying in the outer‑borough office market.
Bank Hapoalim Pours $88M Into Midtown East Office-to-Rental Overhaul
BHI provided an $88M recapitalization loan to Quantum Pacific Realty and Metro Loft for 845 Third Ave as owners press ahead with an office‑to‑residential conversion. The move adds fresh institutional debt to a Midtown East conversion pipeline.
Rats, Ruin and a Broken Deal: Inwood Tenants Drag Landlord Back to Bankruptcy Court
After a 2025 settlement tenants say went unfulfilled, residents at a Manhattan Pinnacle building have asked a bankruptcy judge to order repairs. The move escalates pressure on the new buyer's repair pledges.
Texas Judge Torpedoes Federal Rule On Secret Cash Home Buys
A Texas federal judge has blocked a Treasury rule that would require title and settlement agents to report the beneficial owners behind all‑cash real estate purchases.
Midtown Showdown: Top Rock Slams Brakes On 609 Fifth Foreclosure
A Chapter 11 petition filed March 18 halted a planned UCC auction for the office unit at 609 Fifth Avenue amid unpaid utility bills, a lawsuit and stalled condo-conversion plans.
Bronx High-Rise To Pack 266 Low-Rent Units And Health Hub Into Concourse Village
Renova West will add 266 affordable homes and a 7,000 sq ft ICL Health Hub at 860 Concourse Village East, including about 160 supportive units for formerly homeless residents.












