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JV Secures $59M Bridge Loan for Jersey City Project

Completion of the mixed-income community is scheduled for early 2024. Sequoia Development Group and Bushburg Properties have obtained a $59 million bridge loan to finance the last construction stages of their development in Jersey City’s McGinley Square neighborhood.
Sam Rottenberg Marchetto Higgins Stieve Martin Nussbaum Bushburg Properties Slate Property Group Sequoia Development Group

CRE Gets Its Ducks And Dollars In A Row For Crucial Mayoral Run

CRE Gets Its Ducks And Dollars In A Row For Crucial Mayoral Run There are more than 30 people currently running for mayor. “This is a critical moment for real leadership,” said RXR CEO Scott Rechler, who is also chairman of the Regional Plan Association. “Theres no superman out there, but we want someone thats capable, someone thats well-intentioned, someone that is not tied down by ideology — and someone that reaches out to the broader New Yor...
New York United States Sunset Park Jack Cayre Mary Ann Tighe Scott Rechler
Source: bisnow.com

Where Real Estate Donations are Going in NYC Mayor's Race

Share via Shortlink Clockwise from left: Scott Stringer, Eric Adams, Shaun Donovan and Ray McGuire (Getty/Photo illustration by Kevin Rebong for The Real Deal) More than a year ago, the New York Post, citing unnamed sources, reported that Comptroller Scott Stringer would join a growing list of mayoral candidates rejecting campaign contributions from the real estate industry. That wasn’t quite true, it turns out: Landlords, brokers and other real estate players gave $10,560 to the city...
New York United States Al Iskandariyah Mary Ann Tighe Michael Colacino Alexander Durst

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