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Union Square economic study plots economic future of business district

A new report on Union Square touts the economic benefits of the neighborhood’s mix of businesses, housing and amenities in close proximity. ....

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Union Square 'Tech Hub' Set to Open in Coming Months After Covid Delays

Gotham Gazette is an online publication covering New York policy and politics as well as news on public safety, transportation, education, finance and more. ....

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James Patchett Named A&E Real Estate CEO

A&E is a relative newcomer to the city’s multifamily market; it was founded by Eisenberg in 2011, and has since grown to rival incumbents like LeFrak and Related Companies in terms of its real estate footprint. It’s done so by following the model of other multifamily firms: by buying older, often rent-stabilized buildings in need of upgrades. Its major deals include the acquisition of a 32-building portfolio from Dermot in 2015.
But the firm is aiming to shake up its strategy, targeting new asset types and the acquisition of development rights on sites that are currently part of its portfolio. It plans to launch a $1 billion fund to make that happen. ....

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