Steiner NYC, the company that created the Hollywood-inspired Steiner Studios for film and television production, has refinanced another important component of the Brooklyn Navy Yard. The $148.5 million bridge loan from Deutsche Bank is for Admirals Row, the 8-acre, 696,000-square-foot mixed-use complex that is home to Wegmans and 350,000 square feet of light industrial and … Read more
Here’s some good news for renters: Rents are still trending in the right direction—and have fallen for the 15th month in a row. The average asking rent in the 50 largest metros registered at $1,720, down $23 from last month and $40 from its peak in August 2022, notes Realtor.com economist Jiayi Xu in the … Read more
Long after COVID-19 is over, New Yorkers can still find it difficult to mix and mingle in real life — even with their apartment neighbors. Now, the best amenity offering in luxury rental homes in the city sees residents leaving their buildings to meet new friends. Called excursions, field trips and resident events, these off-property … Read more