NAR: Northeast Pending Home Sales Fell 11% in December

American Express is close to a deal to relocate its headquarters from nearby 200 Vesey St. to Silverstein Properties’ long-delayed 2 World Trade Center, Bloomberg News reported. The financial services firm’s commitment could represent the anchor tenancy needed to begin construction. Published reports first surfaced in September 2024 that AmEx and Silverstein were in discussions […]

The City Council passed legislation requiring most residential apartment buildings to provide air conditioning by June 1, 2030.

Co-developers Triangle Equities and Incline Capital closed on the recapitalization of construction financing for the first phase of The Crossings at Brick Church Station, a mixed-use development located directly adjacent to NJ Transit’s historic Brick Church Train Station in East Orange, NJ. The recapitalization totals $133.5 million, led by a $115-million senior secured bridge loan from funds managed by […]