These buildings face big emissions fines, credit risk

32 Avenue of the Americas, Two MetroTech and 60 Hudson Street (Rudin Management, Brookfield Properties, 60 Hudson, City of New York)
32 Avenue of the Americas, Two MetroTech and 60 Hudson Street (Rudin Management, Brookfield Properties, 60 Hudson, City of New York)
These buildings face big emissions fines, credit risk

Chelsea Hotel owners sue city for $100M over renovation delays

Ira Drukier with the Hotel Chelsea (Getty, Patrick McMullan/Getty)
Chelsea Hotel owners sue city for $100M over renovation delays

Landlord group challenges state eviction ban

RSA's Joseph Strasburg and Judge Lawrence Marks (Getty, Strasburg via Jeffersons Siegel)
Landlord group challenges state eviction ban

April was best month for new condo sales in 5 years

(378 West End, 300 West and 567 Ocean Avenue, Getty)
April was best month for new condo sales in 5 years

Pocket listings exclude minority homebuyers, Redfin CEO says

Redfin CEO Glenn Kelman (Getty, Redfin)
Pocket listings exclude minority homebuyers, Redfin CEO says

Latest News

From left: Howard Lorber, Spencer Rascoff, Rob Speyer, and Steve Witkoff (Getty, Twitter)
National

The definitive real estate SPAC tracker

Blink and you’ll miss a new SPAC. With billions of dollars flowing into blank-check firms, a growing number of real estate players are targeting proptech. As an alternative to the traditional IPO, special-purpose acquisition...

The definitive real estate SPAC tracker
Ron Burkle and Andrew Zobler with The NoMad New York. (Google Maps, Getty)

NoMad Hotel heads back to the auction block

The owners of the NoMad Hotel — who shelled out big bucks a few years ago to avoid foreclosure at the 11th hour — have their backs up the wall once again. Billionaire investor...

NoMad Hotel heads back to the auction block
FiDi condo supply is through the roof as workers delay office return. (Getty)

FiDi condo glut is through the roof

Since Covid rendered walkable commutes a bygone amenity, the Financial District’s condo supply has surged. And there are still few buyers in sight. The downtown district now holds the most unsold inventory of any...

FiDi condo glut is through the roof
eXp CEO Glenn Sanford (eXp, iStock)
National

Virtual broker eXp Realty has another record quarter

eXp Realty started 2021 off real strong. Revenue at the virtual brokerage increased 115 percent to $583.8 million in...

Virtual broker eXp Realty has another record quarter

Inside The National issue

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Titans of the towers: TRD’s annual ranking of NYC’s top investment sales firms
Titans of the towers: TRD’s annual ranking of NYC’s top investment sales firms
Titans of the towers: TRD’s annual ranking of NYC’s top investment sales firms
REIT Privatization Activity Heats Up
To REIT or not to REIT
To REIT or not to REIT
A FOMO market: Manhattan new development sees record activity
A FOMO market: Manhattan new development sees record activity
A FOMO market: Manhattan new development sees record activity
This is your home on tech
This is your home on tech
This is your home on tech
Rich man, poor man
Rich man, poor man
Rich man, poor man
Glenn Sanford
The Closing: Glenn Sanford
The Closing: Glenn Sanford
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RSA's Joseph Strasburg and Judge Lawrence Marks (Getty, Strasburg via Jeffersons Siegel)

Landlord group challenges state eviction ban

One day after a judge struck down the federal eviction ban, a landlord lobby is taking aim at New...

Landlord group challenges state eviction ban
Redfin CEO Glenn Kelman (Getty, Redfin)
National

Pocket listings exclude minority homebuyers, Redfin CEO says

Off-market listings have long been a controversial topic, with agents who oppose them claiming they provide an unfair advantage...

Pocket listings exclude minority homebuyers, Redfin CEO says
(378 West End, 300 West and 567 Ocean Avenue, Getty)

April was best month for new condo sales in 5 years

Long-suffering condo developers just had their busiest month in five years. Some 474 new development contracts were signed last...

April was best month for new condo sales in 5 years
Barry Gosin (Getty, Newmark)
National

Newmark posts record Q1 revenue

Newmark posted record first quarter revenue this year, thanks to gains in its management services and leasing businesses. The brokerage reported revenue of $504 million in its first-quarter earnings release published Thursday morning. That’s...

Newmark posts record Q1 revenue
As the economy rebounds, rental prices are following suit. With the eviction ban recently overturned, that spells trouble for tenants who are struggling to make ends meet. (iStock)
National

Rents rise across country as economy rebounds

Rents are going up, which is bad news for tenants staring down eviction. The median monthly charge on a...

Rents rise across country as economy rebounds
Howard Lorber (iStock, Getty)
National

Elliman reports $14M quarterly profit, 65% revenue jump

Douglas Elliman’s revenue surged in the first quarter and Howard Lorber believes this is only the beginning. The brokerage’s...

Elliman reports $14M quarterly profit, 65% revenue jump
RXR Realty's Scott Rechler with 75 Rockefeller Plaza (Getty, David Shankbone/Wikimedia)

RXR Realty serves American Girl with a lawsuit

What’s more American than suing your nonpaying tenant? RXR Realty filed suit against American Girl this week for missing...

RXR Realty serves American Girl with a lawsuit

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