Ex-WeWork “director of culture” sues company over alleged sexual assaults

WeWork’s former “director of culture” is suing the massive co-working company over two alleged incidents of sexual assault, which she said were made possible by the company’s pervasive “entitled frat-boy” culture. Ruby Anaya, 33, had worked at WeWork for the past four years but was ousted in August, according to NBC. She claims to have been sexually[…]

This San Francisco firm just made another buy in the Bronx

Prana Investments has purchased a Bronx portfolio for $28.4 million. The company bought 3115 Sedgwick Avenue, 1562 Thieriot Avenue and 1580 Thieriot Avenue from the Morgan Group, according to property records. The Thieriot Avenue properties in Van Nest are five-story buildings with 103 total apartments, and the Sedgwick property in Bedford Park is a six-story building[…]

The developer of an 8-story East Village hotel just hit a major roadblock

An eight-story hotel planned for the East Village might not come to the neighborhood after all.The City Council subcommittee on zoning and franchises unanimously rejected the proposal for the hotel on Thursday, according to Curbed. It would be located at 27 East 4th Street next to the neighborhood’s Merchant’s House Museum, which is nearly 200 years[…]

Brookfield lands $96M loan for South Bronx development

HSBC has loaned Brookfield Property Partners $96.2 million for the company’s South Bronx megaproject. The loan for Brookfield’s purchase of 101 Lincoln Avenue and 2401 Third Avenue replaces a $31.9 million loan from UBS in 2015, according to property records. The funding from HSBC is an acquisition loan, according to Brookfield. Representatives for HSBC did not immediately[…]