Isaac Hagar’s Cornell Realty buys Tillary Hotel and apartments from Chetrit Group, Read Property Group for approximately $95M
By Adam Pincus UPDATED 7:45 a.m., 9/22/2019: Isaac Hagar’s Cornell Realty Management and Rubin Equities
Financing
Secured financing cut on several high-profile assets: Ranking of top NYC lenders August 2019
By Adam Pincus Two of the largest loans recorded last month saw the recorded debt
HUD’s Section 8 subsidizes $9K monthly rents at Vornado’s Independence Plaza
Federal government pays millions to landlords above regular subsidy caps HUD dollars bridge conflicting policy
$1B-plus in take-out financing likely for Tishman, Rockrose, in LIC this year
Developers have opened large rental towers in growing Queens market By Adam Pincus Tishman Speyer
L+M, Monadnock, dominate in struggle to build city-financed housing
Annual total rising for grants and loans By Adam Pincus The $644 million the City