Tom Magnani bought two Billionaires’ Row apartments, in 2021 and 2022, for the apparent bargain price of about $300 per square foot. Later, prices in the same co-op, at 100 West 57th Street, went even ...

Time is up for the residents of Carnegie House, as their battle over their ground lease rent heads to arbitration. The co-op board of 100 West 57th Street and the entity that owns the building’s ...

Legislative Relief for Ground Lease Cooperatives: The Next Phase of Rent Regulation Cooperative corporations and their shareholders allege that they are subjected to unpredictable and frequently ...

Many commercial real estate land parcels in New York are held through a long-term ground lease structure. This includes approximately 100 co-op buildings in New York City that are located on property ...

Forbes contributors publish independent expert analyses and insights. I write about commercial real estate negotiations, deals and legal issues. Dec 20, 2024, 10:00am EST Even ground lease owners who ...

The government is seeking views on whether ‘quid pro quo’ leases should be treated differently in its proposed cap on ground ...

Partner Insights spoke to Jay Sugarman to get more insight into his firm’s approach to ground leasing in the modern markets. Sugarman is the chairman and CEO of Safehold, a publicly traded real estate ...

The hospitality industry is facing a critical moment. As interest rates fluctuate, many hospitality groups find themselves squeezed by increasing debt service expenses, a consequence of the Federal ...

Mainstay Co-op in Flushing, Queens, doesn’t make the news much. One of us lives there: 110 families, mainly working class and retired, who bought their homes, maintain their building, and keep largely ...