Tishman Speyer Lands $640M Construction Loan for LIC Residential Towers | Commercial Observer

Tishman Speyer and H&R Real Estate Investment Trust’s development site on Jackson Avenue in Long Island City (Photo courtesy: Google Maps). first embed adBank of America Merrill Lynch and Wells Fargo are providing Tishman Speyer and its joint venture partners with a $640 million construction loan on the developers’ three-tower luxury residential project in Long…

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Oh L Train, You Old So-And-So: Gothamist

  FILE PHOTO FROM YESTERDAY (Nell Casey/Gothamist) “How about that L train?” has joined the official NYC Exasperation Lexicon alongside other familiar rhetorical questions like “It’s not a big group birthday dinner is it?” and “Is that raw sewage dripping from the ceiling?” This morning the old gal was up to her usual zany antics,…

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Here’s What You Need to Know About the Mayor’s Citywide Rezoning Plan – Greenwich Village – DNAinfo.com New York

MANHATTAN — Mayor Bill de Blasio wants to change some of the city’s existing zoning regulations as part of his 10-year plan to create 80,000 new affordable units of housing and preserve another 120,000. The 526-page plan has implications for every neighborhood in New York City. Department of City Planning officials have visited community boards…

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Luxury Williamsburg Apartment Building Turns Out To Be Death-Trap: Gothamist

  The fancy building at 120 South Fourth Street has been evacuated after building inspectors found un-permitted and dangerous structural work inside. (Pix11) The residents of a pricey Williamsburg apartment building with a history of unpermitted construction were forced out last week after the Department of Buildings found that the building “has questionable structural integrity.”…

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