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Newswire

Barclays Center, Brooklyn Nets Sold to Alibaba’s Tsai

There’s a new owner in Brooklyn: Alibaba co-founder Joseph Tsai has agreed to acquire the Barclays Center in total and the 51% of the Brooklyn Nets he did not already own from Mikhail Prokhorov. The transaction is expected to close by the end of September. “We are committed to maintaining...

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Lower rents, and they will come. Dealmaking has increased, and while still declining, the depreciation of asking rents is starting to slow in key markets, said the Real Estate Board of New York (REBNY) in the spring 2019 edition of its semi-annual...

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Newswire

Barclays Center, Brooklyn Nets Sold to Alibaba’s Tsai

There’s a new owner in Brooklyn: Alibaba co-founder Joseph Tsai has agreed to acquire the Barclays Center in total and the 51% of the Brooklyn Nets he did not already own from Mikhail Prokhorov. The transaction is expected to close by the end of September. “We are committed to maintaining...

Read More
Newswire

REBNY: Lower Retail Rents = More Deals

Lower rents, and they will come. Dealmaking has increased, and while still declining, the depreciation of asking rents is starting to slow in key markets, said the Real Estate Board of New York (REBNY) in the spring 2019 edition of its semi-annual Manhattan Retail Report. Amid rising...

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