Related Cos. is teaming up with Wynn Resorts Ltd. to pursue one of three gaming licenses for New York’s downstate area. Competitors include SL Green Realty Corp., which has proposed a casino project in Times Square in partnership with Caesars...
The public pension, the second biggest in the nation, is offering $15.7 million in tax-exempt bonds via auction Wednesday. Calstrs’s new headquarters is considered an investment for the pension, which has a prodigious $297.6 billion under management.
The Manhattan-based landlord on Monday revealed further details of its casino bid, which includes partnerships with Caesars Entertainment Inc. and Roc Nation, the entertainment agency founded by Jay-Z.
Developers are still building plenty of units in New York City, but the rental market remains tight with thousands of rent stabilized units held off the market.