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Chinese real estate developers, including highly indebted Evergrande, have operated a business that relied on selling apartments before they were completed. Pictured here is an Evergrande development in Beijing on Jan. 6, 2022. Bloomberg | Bloomberg | Getty Images BEIJING — China’s real estate market desperately needs a boost in confidence, analysts said, after reports
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Not many financial services firms are expanding within the same building these days. But fintech firm iCapital has added two full floors totaling 59,228 square feet at Empire State Realty Trust’s One Grand Central Place, a 1930-vintage, 1.245-million-square-foot tower at 60 E. 42nd St. The deal, iCapital’s fourth expansion in the renovated and modernized building since 2017, brings
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