Judges stop Gansevoort project — for now

A panel of appellate court judges halted Aurora Capital Associates and William Gottlieb Real Estate from moving forward with their large commercial development on Gansevoort Street in the Meatpacking District. The decision prevents the developers from doing any exterior work on the buildings at 60-68 and 70-74 Gansevoort Street until an advocacy group’s appeal makes[…]

Simon Baron, Quadrum refi NoMad hotel

Simon Baron Development and Quadrum Global refinanced their 248-key Arlo hotel in NoMad with $73.5 million from the asset management firm Barings, property records filed with the city Tuesday show. The financing adds $39.5 million of new debt onto the property and replaces a $34 million balance from a loan Cybus Lending Corporation, a Cayman[…]

Church and state: New program to help houses of worship figure out real estate industry

Churches trying to understand the complex and occasionally treacherous nature of one of the world’s oldest industries — real estate — will no longer have to pray for relief. A new initiative called the New York Land Opportunity Program will provide charitable institutions in the city with free advice from lawyers, architects and more to[…]