New York Gov. Andrew Cuomo's emergency powers would be limited by state legislators under new legislation, the leaders of the state's Democratic legislative majorities announced Tuesday.



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New York's leading Democrats reach deal to strip Cuomo's emergency coronavirus powers

Title insurance startup States Title is going public in a $3 billion deal with a blank-check firm, the latest sign of investor interest in companies that digitize the residential real estate industry. The company — which has been renamed Doma — said Tuesday that it plans to merge with Capitol Investment Corp., a special purpose acquisitions company backed by investor Mark Ein. Since 2007, Ein has raised $1.5 billion through five SPACs. The deal …

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States Title to Go Public via SPAC as Doma

LeBron James isn’t used to losing, but it looks like he may be willing to accept an “L” on the Brentwood mansion he just listed. The future Hall of Famer and Los Angeles Lakers superstar is asking $20.5 million for the 9,440-square-foot home, according to the New York Post. James paid $20.9 million for the property in 2015. It was the first home he bought in L.A. and preceded his move to the Lakers from

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[Opinion] LeBron James Lists Brentwood Home

The city is planning to revive about $17 billion in municipal construction projects after the city stopped contracting projects at the start of the pandemic. Mayor Bill de Blasio announced on Monday that work can begin on public projects, according to Commercial Observer. City-contracted projects — for things like schools, housing projects and parks — have been largely stalled due to coronavirus restrictions. The construction revamp will be led …

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transfermarkt.co.uk

Commercial Observer

NYC Restarts Construction on $17B in City Projects

New York City institution Pastis is landing in Miami. James Beard award-winning restaurateurs Stephen Starr and Keith McNally plan to open in Miami’s Wynwood neighborhood, in an 8,000-square-foot space at 380 Northwest 26th Street, The Real Deal has learned. The restaurant, Pastis’ first in South Florida, is expected to open in the summer of 2022. The Parisian-style bistro will be designed by McNally and Ian McPheely of Paisley Design, with wood…

Miami New Times 

Pastis NYC Opening Miami Restaurant in Wynwood

Koch Real Estate Investments, the property-focused arm of the billionaire conglomerate’s empire, has become one of most active players when it comes to snapping up distressed real estate during the pandemic. The firm, led by billionaire Charles Koch, is using its massive war chest to diversify its business and buy real estate at depressed prices, according to the Wall Street Journal. At the beginning of the pandemic, it provided Ladder Capital w…

The Mercury news

siliconvalley.com

Koch Industries Invests In Troubled Real Estate

Since 2018, Compass has spent more than $300 million to scale its business, buying other brokerages and tech companies to support its “end-to-end platform,” according to the company’s IPO filing. Backed by $1.5 billion in venture capital from investors including Fidelity, Wellington and SoftBank, Compass’ growth story has been unmatched in residential real estate. The brokerage aggressively courted agents after launching in 2012, but six years l…

Tech companies

How Much Compass Spent Buying Brokerages Since 2018

The controversial Upper West Side condo tower that a judge ruled was built too tall may avoid the wrecking ball after all. A New York State appellate court on Tuesday reversed a lower court’s ruling that would have forced the developers of 200 Amsterdam Avenue to remove about 20 floors from the nearly complete 52-story tower. The appeals court rejected the argument by opponents of the tower that the developers illegally gerrymandered a zoning lot

New York Post

200 Amsterdam Avenue Condo Tower Project Wins Appeal

ATLANTIC CITY, N.J. (AP) — By mid-morning Wednesday, a spot on the Atlantic City Boardwalk where movie stars, athletes and rock stars used to party — and a future president honed his instincts for bravado and hype — will be…

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