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 ...

Learn more about the ground lease, an agreement that allows tenants to develop leased land while the landlord typically ...

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 ...

Forbes contributors publish independent expert analyses and insights. I write about commercial real estate negotiations, deals and legal issues. Long-term owners of potential development sites who ...

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 ...

When a developer encounters a landowner unwilling—or unable—to convey fee title, the project doesn’t have to stop. In Texas and other jurisdictions following the Uniform Condominium Act, the leasehold ...

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 ...