Higher HCBS state spending linked to aging-in-place likelihood
The largest office-to-residential conversion project in the U.S. is facing a structural emergency. Metro Loft and David Werner‘s conversion at the former Pfizer headquarters in Midtown halted abruptly on Tuesday morning preceding reports of buckling support columns and sagging floors at the property at 235 East 42nd Street and 219 East 42nd Street, local news outlets reported. SEE…
The AI talent war may now be worthy of a Hollywood adaptation. In a new lawsuit that reads like a corporate crime thriller, Apple accused OpenAI of poaching former Apple employees, conducting “show and tell” interviews, and accessing confidential documents to accelerate its consumer hardware push. The complaint centers on OpenAI’s hiring of an Apple…
Anum Mahmood has been promoted to national sales director at Afin Bank, having originally joined as national key account manager earlier this year. The specialist lender said that since joining in February, Mahmood had been instrumental in onboarding broker partners, including L&C Mortgages and Mortgage Intelligence. Her promotion comes as the lender prepares for…
An Australian blueprint for Canada? Australia’s framework, which BLG describes as a model of active interest for Canada’s post-2027 approach, restricts foreign purchases of established dwellings while carving out exceptions for new builds, large-scale redevelopment, and vacant land — investments that add to housing supply rather than competing for existing stock. The model under consideration…
Real estate journalism is a somewhat specialized field — but last week a piece of industry news was blared on front pages far and wide. Two steel support structures at the former Pfizer headquarters at 235 East 42nd Street buckled on July 7, and five floors at the building began to cave in. The site…
Global law firm Loeb & Loeb LLP is expanding and extending its long-held New York headquarters lease at Rudin’s 345 Park Ave. In a 16-year lease extension, Loeb & Loeb will maintain its existing 160,051 square feet across four floors, while adding 18,908 square feet on a fifth floor. An occupant of 345 Park since 1993, Loeb & Loeb’s footprint will grow to 178,959 square feet in…