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Daily Archives: March 16, 2017

The “roach” approach: Developers swarming over emerging neighborhoods

therealdeal.com/2017/03/15/the-roach-approach-developers-swarming-over-emerging-neighborhoods/ From Queens to Fort Lee, developers are targeting “affordable” price points: panelists What’s a New York developer to do when renters are priced out of neighborhoods? Turn to emerging areas in Queens, the Bronx, New Jersey, Westchester and Long Island. “We’re like cockroaches, we

GFI scoops up JFK-area hotel for $60M

therealdeal.com/2017/03/14/gfi-scoops-up-jfk-area-hotel-for-60m/ A subsidiary of GFI Capital Resources Group scooped up a 330-key hotel near John F. Kennedy Airport for $60 million, documents filed with the Tel Aviv Stock Exchange show. GFI Real Estate Limited purchased a Crowne Plaza Hotel at 138-10 135th Avenue in the