See where real estate is writing checks with TRD’s political donations tool
Real estate is dropping major cheddar on politics this election cycle. As of Sept. 21 — when campaign funds...
At final presidential debate, talk of Opportunity Zones and “little tiny windows”
Eight stats tell the tale of Adam Neumann’s rise, fall, and return
Dead weight: A breakdown of NYC’s rental listing glut
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Furnishing firm picks up 4 condos at 60 Guilders, Carlyle’s Midtown South project
Kevin Chisholm’s 60 Guilders and the Carlyle Group have found a buyer for four condos at their Midtown South...
New York’s multifamily sales improve in Q3
New York City’s multifamily investment sales improved in the third quarter compared to second quarter results, as the number...
Bank OZK’s lending up in third quarter
New York’s commercial real estate market has been pummeled by the pandemic, but one of its biggest condo construction lenders reported almost no write-downs in the third quarter. On its earnings call Friday, Arkansas-based...
3M homeowners remain in forbearance
Nearly 3 million U.S. homeowners were in forbearance programs as of this week, a massive amount but still a sharp drop from 4.76 million at the height of the pandemic. That’s according to a...
Lawsuit blasts NYC’s “capricious” Covid-19 homeless response
A legal services provider representing homeless New Yorkers has sued the city for its handling of the Covid-19 outbreak,...
At final presidential debate, talk of Opportunity Zones and “little tiny windows”
At Thursday’s presidential debate, there was less interrupting and more real-estate related discussion. The event marked the final faceoff...
Gap Inc. will close 350 stores and exit malls entirely
Another big retailer is leaving struggling malls behind. Gap Inc. announced Thursday that it will close 350 of its...
Opendoor hires CIO from Ken Griffin’s Citadel
As it prepares to go public, Opendoor is bringing on a new hire from Citadel, Ken Griffin’s $32 billion...
Inside The National issue
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Eight stats tell the tale of Adam Neumann’s rise, fall, and return
Adam Neumann is back. In his first venture since leaving WeWork last year, the eccentric and brash Israeli entrepreneur...
Citi Field lease clause could stymie billionaire’s quest for the Mets
Little stands in the way of Steve Cohen, the billionaire hedge fund manager, acquiring the New York Mets —...
Real estate for data centers is having a moment
Real estate for data centers is booming as the popularity of streaming services like TikTok drives demand. Digital Realty...
Manafort mortgage-fraud case dismissed, again
A New York appeals court has ruled that Paul Manafort could not be charged with mortgage fraud and other...
WeWork bonds, already junk, downgraded by Fitch
WeWork’s credit rating, already rated as junk, has been downgraded on concerns that the pandemic could seriously weaken demand...
Dead weight: A breakdown of NYC’s rental listing glut
The pandemic and subsequent shutdowns have dealt a serious blow to New York City landlords, sending vacancy rates soaring...
The Closing: Wendy Silverstein
Wendy Silverstein’s career has been all about getting her hands dirty. The 17-year veteran of Vornado Realty Trust helped grow the company from a $3 billion owner of New Jersey strip malls to a...
Cash-strapped borrowers are increasingly giving keys back to lenders
UPDATED, Oct. 23, 2020, 5:15 p.m.: Many commercial mortgage-backed securities borrowers that are strapped for cash are trying to...
Appraisal cuts Kushner Companies’ Times Square retail value 80%
New York Times food critic Pete Wells’ epic takedown of Guy Fieri’s restaurant is no longer the worst review...
Manhattan rents fall below $3,000 for first time since 2011
The unthinkable has happened: For the first time in nearly a decade, Manhattan rents have dipped below $3,000 per...