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April 19, 2023

NYU Launches First Student-Led REIT Fund To Provide ‘Experiential Learning’

NYC EDC's Sabrina Lippman Discusses The Keys To Successful Public-private Partnerships In Brooklyn June 1

New York University is launching its own REIT Investment fund, aimed at offering its real estate students the chance to road-test investment ideas in real life.

NYU Launches First Student-Led REIT Fund To Provide ‘Experiential Learning’

The university’s School of Professional Studies Schack Institute of Real Estate announced the new venture on Wednesday, saying initial funding will come from sponsors of its REIT Symposium.The fund will invest in U.S.-listed REITs only, as well as real estate operating companies and homebuilders. It won't use…

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Parking Garage That Fatally Collapsed Had Outstanding Violations For Cracks In Concrete

Parking Garage That Fatally Collapsed Had Outstanding Violations For Cracks In Concrete

UPDATE, APRIL 19, 2:40 P.M. ET: This story has been updated to include new information about the garage's history of code violations and its planned demolition.A parking garage in Lower Manhattan collapsed Tuesday afternoon, killing one person. Five others were initially reported as injured, but that number has since risen to seven.The second…

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The Rush To Convert To Multifamily: Why Hotel Deals Are On The Rise, But Offices Are Lagging Behind

PRESENTED BY:   Stroock & Stroock & Lavan LLP
 
The Rush To Convert To Multifamily: Why Hotel Deals Are On The Rise, But Offices Are Lagging Behind  

To meet the staggering demand for rental housing, the U.S. needs to build 4.3 million multifamily units by 2035. Add to that the fact that the National Low Income Housing Coalition estimates that the country currently needs 6.8 million more affordable units for families in need, and…

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Quadrum Global Takes Over Williamsburg Hotel After Torrid Legal Battle

Quadrum Global Takes Over Williamsburg Hotel After Torrid Legal Battle  

The long, bitter legal feud over the boutique Williamsburg Hotel — spanning from intellectual property disputes to fraud allegations — has finally concluded, with hotel developer Quadrum Global emerging as the new owner. Quadrum closed on its $96M purchase of the 147-room Brooklyn hotel after a bankruptcy trustee selected the UK-based firm as the…

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Hyperscale Or Colocated, Data Centers Stand To Benefit From Precast Concrete Construction

PRESENTED BY:   High Concrete Group
 
Hyperscale Or Colocated, Data Centers Stand To Benefit From Precast Concrete Construction  

There are currently more than 2,700 data centers in the U.S. serving the public and private sectors’ computing and networking needs, with demand expected to increase by 10% annually until 2030. Expected to reach a value of $342B this year, the global data center market is…

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