Sam Boymelgreen wants to turn a Gowanus printing plant into an office building

Sam Boymelgreen is the latest developer to bet that Brooklyn office market will finally take off. Boymelgreen, the son of controversial builder Shaya, on Monday filed plans to convert a former printing plant at 255 Butler Street in Gowanus into a four-story office building that would span 95,000 square feet. It’s a big change from… Read More Sam Boymelgreen wants to turn a Gowanus printing plant into an office building

New Opportunity Zone funds seek to ensure investments help distressed areas

Investors are hoping to raise billions of dollars for Opportunity Zones projects across the country, but critics worry little of that money will go to the troubled neighborhoods the federal tax incentive initiative was meant to help. Now, the philanthropic Kresge Foundation is partnering with two investment firms that are launching Opportunity Zone funds, in… Read More New Opportunity Zone funds seek to ensure investments help distressed areas

Sam Boymelgreen wants to turn a Gowanus printing plant into an office building

Sam Boymelgreen is the latest developer to bet that Brooklyn office market will finally take off. Boymelgreen, the son of controversial builder Shaya, on Monday filed plans to convert a former printing plant at 255 Butler Street in Gowanus into a four-story office building that would span 95,000 square feet. It’s a big change from… Read More Sam Boymelgreen wants to turn a Gowanus printing plant into an office building

New Opportunity Zone funds seek to ensure investments help distressed areas

Investors are hoping to raise billions of dollars for Opportunity Zones projects across the country, but critics worry little of that money will go to the troubled neighborhoods the federal tax incentive initiative was meant to help. Now, the philanthropic Kresge Foundation is partnering with two investment firms that are launching Opportunity Zone funds, in… Read More New Opportunity Zone funds seek to ensure investments help distressed areas

Outside agents notch a victory over Opendoor. But it may be short-lived.

Over the last decade, agents have been squeezed by the proliferation of online listings portals and automated valuation models. Now, with well-funded “iBuyers” poised to tighten the screws and reduce the agents’ role in the homebuying process, some brokers are fighting back against automation. Speaking at a Silicon Valley conference called Startup Grind, Opendoor CEO… Read More Outside agents notch a victory over Opendoor. But it may be short-lived.

Outside agents notch a victory over Opendoor. But it may be short-lived.

Over the last decade, agents have been squeezed by the proliferation of online listings portals and automated valuation models. Now, with well-funded “iBuyers” poised to tighten the screws and reduce the agents’ role in the homebuying process, some brokers are fighting back against automation. Speaking at a Silicon Valley conference called Startup Grind, Opendoor CEO… Read More Outside agents notch a victory over Opendoor. But it may be short-lived.