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July 26, 2023

11 Injured After Crane Partially Collapses Into Apartment Building Near Hudson Yards

Tritec, G2D Development & Heatherwood Luxury Rentals Headline Bisnow's Long Island Multifamily Panel Aug. 16

Eleven people were reportedly injured after a construction crane near Hudson Yards in Manhattan partially collapsed, hitting a nearby building and sending debris tumbling to the street below.

11 Injured After Crane Partially Collapses Into Apartment Building Near Hudson Yards

A fire broke out on a crane on the construction site at 550 10th Ave. around 7:30 a.m., and video taken by bystanders showed a piece falling into the apartment building across the street. Two firefighters suffered minor injuries, according to multiple reports. WATCH: A bystander captures video of…

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The Securities and Exchange Commission has filed a lawsuit to force Current Real Estate Advisors co-founder Brandon Charnas to comply with a subpoena and hand over records as part of an investigation into possible insider trading.In a suit filed in federal court in the…

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Nightingale, InterVest Facing Foreclosure At 111 Wall St.

Nightingale, InterVest Facing Foreclosure At 111 Wall St.

Nightingale Properties is facing foreclosure at yet another office building as a lender looks to take over the empty Wall Street building it co-owns with InterVest Capital Partners.The mezzanine lender on 111 Wall St. has initiated a foreclosure auction on the 1.2M SF building, enlisting 

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CoStar Stock Drops After It Lowers Revenue Projections Due To Slow CRE Market

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CoStar Group, the $34B tech firm that provides data and listing platforms for the commercial real estate industry, isn't going through the same Category 5 hurricane that its customers are, but it's not basking in the sunshine either.  While the company on Tuesday reported 13% year-over-year revenue…

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