TPG RE Finance gets $325M infusion from Starwood
Facing a cash crunch, TPG Real Estate Finance Trust has secured a major infusion a little over two weeks...
“We’re not in the business of land-grabbing:” Hana CEO on the future of flex space
Rihanna is on the hunt for a Hamptons getaway. And she “doesn’t have a budget”
Le Pain Quotidien freed from 59 leases in bankruptcy
Latest News
WeWork sued for backing out of San Francisco development deal
An investor in San Francisco’s largest residential complex is suing WeWork for abandoning its development plans and backing out...
Rihanna is on the hunt for a Hamptons getaway. And she “doesn’t have a budget”
Rihanna is reportedly in the market for a Hamptons getaway, either short-term or long-term. The singer and fashion entrepreneur...
Le Pain Quotidien freed from 59 leases in bankruptcy
Upscale bakery chain Le Pain Quotidien will be allowed to break 59 of its leases, in a decision the...
CDC recommendations would drastically alter offices
Sweeping new recommendations from the nation’s health protection agency would drastically alter how people work in offices. The Centers...
Right-sized Commercial Real Estate Financing
Before COVID-19 access to commercial real estate financing was relatively simple. Borrowers rarely thought twice about who provided their...
IBM to leave WeWork’s 88 University Place
IBM is pulling the plug on a large office space it leases from WeWork. The technology giant will leave the 70,000-square-foot space it leases from WeWork at 88 University Place sometime around Labor Day,...
Marriott jumps into Hamptons rental market
Marriott International is dipping its toe into the frenzied Hamptons rental market. The hotel management company’s short-term rental business, Homes & Villas by Marriott, has partnered with Hamptons rental company StayMarquis to offer hotel-quality...
TRD Insights: NY, NJ homeowners more likely to be in mortgage forbearance
The number of homeowners seeking forbearance for their mortgages has risen dramatically as a result of the coronavirus crisis,...
Inside The National issue
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How Blackstone plans to keep its upper hand in the downturn
The big debate intensifies: Are office buildings outdated or obsolete?
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“We’re not in the business of land-grabbing:” Hana CEO on the future of flex space
Hypergrowth has been the mantra of flex-office-space players for years. WeWork became the largest private tenant in New York City by signing leases at...
Bill would cap emissions at many rent-regulated buildings
Last May the city enacted sweeping legislation that required buildings to cap carbon emissions — but it spared properties...
StreetEasy threatens to yank Elliman’s rental listings
Call it a declaration of war? StreetEasy has threatened to yank Douglas Elliman’s rental listings in what the portal...
British aristocrats sue to quit Park Ave purchase
A couple whose family has been part of the British aristocracy for generations wants out of a $5.5 million...
Survival of the Fullest: Restaurants fear capacity constraints will kill them
As restaurants move to open, owners are agonizing over capacity constraints and social distancing guidelines, which are expected to...
Tallying crisis’ toll on MRR Development’s Hotel Indigo
Unlike many New York hotels, Hotel Indigo Lower East Side has kept its doors open during the coronavirus pandemic....
The biggest new tenant in New York City is… TikTok
TikTok is coming to Times Square. The parent company for the video-sharing app has inked a lease with the...
Hotel occupancy hovers around 35% after Memorial Day boost
Hotels are slowly clawing their way back from pandemic purgatory. National occupancy rates climbed to 35.4 percent between May...
Pandemic takes a Toll: Builder’s profits drop 42%
As coronavirus battered the residential market, Toll Brothers said its second-quarter profits dropped nearly 42 percent from a year...