Multifamily, Industrial Are CRE Bright Spots, Economist Says | GlobeSt

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Greystone Arranges Joint Venture Equity and Construction Debt for Douglaston and ares’ 931-unit hudson yards mega-development Posted on June 7, 2019. Topic: Headlines; Greystone’s Tanya Eastwood Recognized as a Top 2019 Woman of Influence in Finance by and Real Estate Forum Posted on June 17, 2019. Topic: Corporate

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The investigation, which was initiated following a tip from a concerned neighbor, found that the defendants allegedly advertised units in Manhattan, Queens, and the Bronx, renting out rooms in dozens of buildings, some of them rent-stabilized, to almost 60,000 guests over five years-while not alerting them that where they were staying was both illegal and unsafe.

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All this, despite the still-soft housing market and continued vacancies among CRE properties. “I think we’ve hit bottom. actually unnaturally affordable.” O’Neil says the pricing is also indicative.

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