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Soho groups file lawsuit to block rezoning

Soho groups file lawsuit to block rezoning 05/03/2021 10:00 AM EDT Editor’s Note: Weekly New York Real Estate is a weekly version of POLITICO Pro’s daily New York Real Estate newsletter. POLITICO Pro is a policy intelligence platform that combines the news you need with tools you can use to take action on the day’s biggest stories. Act on the news with POLITICO Pro. Quick Fix The City Planning Commission is slated to move the proposed SoHo rezoning into the formal land use review process during a meeting today, as the de Blasio administration fights a new lawsuit from community groups seeking to block the plan.

Influencer co-working, Knicks practice space: The future of NYC real estate?

Wondering what could become of unused commercial space in Manhattan? Hype house-esque influencer co-working spaces and an esports facility were among the ideas pitched by students in Columbia University’s Real Estate Development Program. The projects were the close of a semester-long course, Real Estate Media and Marketing, taught by The Real Deal Publisher Amir Korangy. For the competition’s judges Lightstone Group CEODavid Lichtenstein and JDS Development Group CEO Michael Stern the winning concept was Steven Steckel, Oliver Schwalbe and Jeff Adler’s “Friday Piers.” Donning Steve Jobs-inspired black turtlenecks, the students made a mock pitch seeking a $266 million investment for the conversion of Manhattan’s empty Pier 40 into a Knicks practice facility.

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