National Weekend Edition
Ready players: 5M-sf e-sports complex rises in Shanghai
A nearly 5.4-million-square-foot e-sports complex will be built in Shanghai, meant to solidify the city as the center of...
7 Manhattan hotels head to auction block
NYC loses $2.5B in property taxes, gets $1B from FEMA
NBA owes Moinian $7.5M in rent for Fifth Ave store
Texas Realtor faces criminal charges for role in Capitol attack
Latest News
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...
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...
National
Texas Realtor faces criminal charges for role in Capitol attack
A Texas real estate agent is facing criminal charges for her participation in last week’s attack on the U.S....
Council bill favoring nonprofits for affordable housing will hurt minority-led firms: developers
For many minority developers, building the necessary capacity and experience to win a steady stream of work in New York City has been an...
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...
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...
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;...
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...
Inside The National issue
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To sell luxury, developers are reimagining the kitchen
Everything has changed. How we work. Where we work. What we do and when we do it. For high-end...
NBA owes Moinian $7.5M in rent for Fifth Ave store
UPDATED, Jan. 15 2020, 4:15 p.m.: Talk about a foul: The NBA Store at 545 Fifth Avenue, which has...
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....
National
Treasury quits bid to privatize Fannie Mae, Freddie Mac
The Trump administration, which has a lot going on in its final days, is dropping its effort to return...
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,...
National
Biden’s $1.9T package would extend eviction ban, boost rent relief
President-elect Joe Biden on Thursday outlined a $1.9 trillion emergency relief plan that would have major consequences for real...
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...
National
Real estate trade groups reconsider donations after Capitol unrest
Last week’s violence at the U.S. Capitol Building has led many banks and corporations to rethink their approach to...
Who’s buying and selling Manhattan homes? Last month’s notable deals
The city’s for sale, but who’s laying down millions and buying in? Michael Nierenberg of New Residential Corp. and...