Who Will Control Stuyvesant Town?
February 1, 2010 by Neil · 1 Comment
Tishman Speyer has ruled out the nuclear option of bankruptcy to forestall the struggle for control of Stuyvesant Town / Peter Cooper Village. Now a real estate food fight will ensue over control of the 110-building complex, each … Read More
Who May Be Providing 60% of All Financing for New York City Commercial Real Estate?
January 20, 2010 by Neil · Leave a Comment
Foreign banks now provide more than 60 per cent of all debt financing for commercial real estate. The predominant player among these lenders: Bank of China. Fannie Mae and Freddie Mac, along with life insurers, provide … Read More
Will Uncle Sam’s Guarantee Revitalize New York City’s Apartment Building Market?
January 16, 2010 by Neil · Leave a Comment
Freddie Mac, the mortgage-finance company with U.S. government support, plans to sell about $1.1 billion of securities backed by loans on multifamily properties. Why might conservative investors purchase these securities on the secondary market? According to Freddie Mac, investors will … Read More























