Thursday’s Real Estate Board of New York gala packed an estimated 2,400 guests into the Hilton New York’s overstuffed Grand Ballroom—an increase from last year by about 200. The Commercial Observer walked the room, hobnobbed with brokers and landlords and taste-tested a dinner of steak and potatoes while washing it all down with a few stiff drinks. Staff Reporters Karsten Strauss and Al Barbarino get the inside dish.
Across the River
This morning, Chuck Schumer took on Chris Christie, the Republican governor of New Jersey, for his decision last year to kill the planned tunnel between New York and New Jersey, citing the increasing cost of the project.
“Though I am extremely sympathetic to the fiscal problems Governor Christie clearly faces, and I recognize there are Read More
With Stuyvesant Town headed to creditors, Senator Schumer has joined the pile-on on Fannie Mae and Freddie Mac.
Mr. Schumer put out a statement Tuesday calling on Fannie Mae and Freddie Mac to ensure that the 11,200-unit property is sold with long-term guarantees of affordability.
“At the end of the day we have to Read More
On Saturday, Oct. 14, a CUNY law professor named Dinesh Khosla sent a very polite memo to the “law-school community,” titled, “Our New Building.”
The memo wondered why CUNY, a public university financed by taxpayers, is paying a decidedly above-market price ($155 million) for its new, 225,000-square foot home at Citigroup’s 2 Court Square in Read More
It’s official: The Paterson administration has passed Washington, D.C., the collection plate for Moynihan Station. Earlier this week, the state submitted an application for $98,281,730 in funds from the federal stimulus package out of a pot called “TIGER,” a program in which the Obama administration has broad discretion on how to dole Read More