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HFZ Capital Group’s luxury developers staked their futures on Bjarke Ingels’s High Line debut and lost everything. Over the past 18 months, the firm has been obliterated by foreclosures and investor lawsuits.
What had been known as Mayflower has been renamed Deer Valley East Village. In August, Deer Valley Resort owner Alterra Mountain Company and Extell Development Company, the Mayflower developer, announced they had negotiated a long-term...
Details expected this week, but questions remain unanswered SARATOGA SPRINGS – A racing franchise agreement appears imminent, with details to be announced as soon as Monday and certainly no later than Wednesday, when New York Racing Association’s temporary extension to run Saratoga Race Course, Belmont Park and Aqueduct racetrack expires. Still to be addressed, however, […]
Manhattan's office leasing rally, UCLA shopping center deal and 2024 interest rate cuts.
Gary Barnett’s Extell Development has landed $220 million of construction financing for its planned 31-story hotel in midtown Manhattan.