News/Events
Steven McKessey Joins Rudin as Head of Design and Construction
Owner and developer Rudin has appointed a new leader for its capital planning, design and construction efforts, Commercial Observer has learned. Steven McKessey has joined the firm as head of design and construction, bringing over 20 years of experience at major construction and consulting firms, according to Rudin. McKessey will be overseeing the New York…
Trump's DEI Crackdown Is Creating New Risks For Landlords That Lease To The Government
Commercial real estate faces uncertainty as the Trump administration enforces anti-DEI policies impacting federal leases.
Goldman Sachs Pays $154M For Davie Apartments: The South Florida Deal Sheet
The 397-unit building near Nova Southeastern University in Davie was just delivered last year.
Bucks County Mall Closing As Owners Prepare Redevelopment Plans
The Bucks County mall is slated to close as owners Paramount Realty and Edgewood Properties prepare a redevelopment.
Sales Of Lower-End Apartments Surge In Philly As Landlords Face Financial Issues
Sales of lower-end apartments have been more frequent in Philly as investors seize opportunities left by landlords exiting the market.
Wu Proposes Tax Breaks To Jump-Start Stalled Housing Projects
Mayor Wu's proposal for $31.5M in property tax abatements aims to kick-start stalled projects that would create 1,400 housing units.
California Emerging As Data Center Fallback Market Amid Nationwide Opposition
Developers are taking another look at California and Southern California as resistance to their projects grows elsewhere.
Rig Collapse At Citadel HQ Site Sends 4 To Hospital
A rig mishap at the Citadel HQ construction site in Miami sends four to the hospital. An investigation is underway.
Taconic Partners Sheds Another NYC Life Sciences Property
The landlord has unwound two of its three life sciences investments that were part of a $2B plan.
