7 Manhattan hotels head to auction block

Cindat Capital Management CEO Greg Peng and Hersha Hospitality Trust CEO Jay Shah with 51 Nassau Street (Google Maps)
Cindat Capital Management CEO Greg Peng and Hersha Hospitality Trust CEO Jay Shah with 51 Nassau Street (Google Maps)
7 Manhattan hotels head to auction block

NYC loses $2.5B in property taxes, gets $1B from FEMA

Sen. Charles Schumers aid President-elect Joe Biden agreed to assist NYC. (Getty)
NYC loses $2.5B in property taxes, gets $1B from FEMA

Brooklyn sales jumped 82% in the fourth quarter

Brooklyn sales jumped 82% in the fourth quarter
Brooklyn sales jumped 82% in the fourth quarter

NBA owes Moinian $7.5M in rent for Fifth Ave store

Joseph Moinian and the NBA Store at 545 Fifth Ave. (Google Maps, iStock)
NBA owes Moinian $7.5M in rent for Fifth Ave store

Texas Realtor faces criminal charges for role in Capitol attack

Jenna Ryan was part of a group who flew on a private plane from Denton, TX, to Washington, D.C., with the intention of joining the protestors (Twitter.com/DotJenna)
Texas Realtor faces criminal charges for role in Capitol attack

Latest News

News of President-elect Biden’s $1.9T stimulus plan held promise for employment and economic activity. (Getty)
National

Real estate stocks hold gains even as market doesn’t

Real estate stocks ended the week in positive territory while the broader market gave up its gains after President-elect...

Real estate stocks hold gains even as market doesn’t
Tommy Hilfiger and his recently sold estate in Greenwich, CT. (Getty, Janet Milligan)
Tri-State

Tommy Hilfiger’s Greenwich estate sells for $45M

When Greenwich real estate broker Janet Milligan stopped for an ice cream more than 40 years ago, she didn’t...

Tommy Hilfiger’s Greenwich estate sells for $45M
(iStock, Wikimedia Commons)
Tri-State

Suffolk County home sales up 33% from a year ago

Home sales in Suffolk County surged in December, echoing the activity in New York’s sales and rental markets after...

Suffolk County home sales up 33% from a year ago
Cindat Capital Management CEO Greg Peng and Hersha Hospitality Trust CEO Jay Shah with 51 Nassau Street (Google Maps)

7 Manhattan hotels head to auction block

Seven Manhattan hotels are hitting the auction block. The portfolio, owned by a joint venture between Hersha Hospitality Trust and Chinese investment firm Cindat Capital Management, is scheduled to be auctioned on Jan. 21...

7 Manhattan hotels head to auction block
Brooklyn sales jumped 82% in the fourth quarter

Brooklyn sales jumped 82% in the fourth quarter

 In the before times, New York’s residential sales market functioned on a natural rhythm of seasonality. Spring was good;...

Brooklyn sales jumped 82% in the fourth quarter
Porch CEO Matt Ehrlichman (iStock)
National

Porch snaps up four startups for over $122M

Porch isn’t wasting time on the acquisition front: Just three weeks after going public, the home-services startup scooped up four companies for $122 million. The Seattle-based company said it inked a deal to buy...

Porch snaps up four startups for over $122M

Inside The National issue

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How HFZ became the face of Manhattan’s condo woes

How HFZ became the face of Manhattan’s condo woes

How HFZ became the face of Manhattan’s condo woes
The definitive guide to the Compass C-Suite

The definitive guide to the Compass C-Suite

The definitive guide to the Compass C-Suite
Kushner eyes return to normalcy. Good luck.

Kushner eyes return to normalcy. Good luck.

Kushner eyes return to normalcy. Good luck.
A long road ahead for office landlords

A long road ahead for office landlords

A long road ahead for office landlords
What makes Rappaport run

What makes Rappaport run

What makes Rappaport run
The Closing: Sam Nazarian

The Closing: Sam Nazarian

The Closing: Sam Nazarian
arrow_forward_ios
As companies leave Silicon Valley, Austin, Texas is becoming a top destination. (Getty)
National

Silicon Valley exodus: Where’d everyone go?

 As the pandemic rages across the U.S., it’s unclear when employees will be able to return to their offices....

Silicon Valley exodus: Where’d everyone go?
Sen. Charles Schumers aid President-elect Joe Biden agreed to assist NYC. (Getty)

NYC loses $2.5B in property taxes, gets $1B from FEMA

Property tax revenue did not plunge with the city’s economy last year because assessments preceded the pandemic. This year,...

NYC loses $2.5B in property taxes, gets $1B from FEMA
Nir Meir Asks Court to Stop Eviction (Google Maps)

Nir Meir seeks to throw out Hamptons ejection suit

 Former HFZ Capital Group executive Nir Meir is asking a court to throw out a case seeking to eject...

Nir Meir seeks to throw out Hamptons ejection suit
TF Cornerstone President Frederick Elghanayan with 2-10 54th Avenue and 55-01 Second Street in Long Island City (Google Maps)

The 10 biggest new project filings in NYC

Opponents chased Amazon’s proposed second headquarters away from Long Island City, but that hasn’t stopped a wave of new projects from coming to the neighborhood. Of the 10 biggest new building applications filed in...

The 10 biggest new project filings in NYC

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