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 controversial Upper West Side condo tower that a judge ruled was built too tall may avoid the wrecking...
Pantone’s Color of the Year for 2021 are a marriage of both gray and yellow: Ultimate Gray and Illuminating. The...
Real estate investors are placing their bets on a new property type: drive-throughs. Restaurants with drive-through lanes are seeing...
The city is planning to revive about $17 billion in municipal construction projects after the city stopped contracting projects...
The Manhattan District Attorney’s office is increasing its focus on a longtime employee of the Trump Organization as it investigates former President Donald Trump’s real estate business. Prosecutors working for Cy Vance are turning...
Developer Matt Lee’s decision to auction off a condo unit online later this month recalls another dire time in...
Hotel investors can rest a little easier at night. Robust gains in February put share prices of publicly traded hotel companies back up to pre-Covid levels, a year after the pandemic sent valuations into...
In an effort to survive the financial fallout of the coronavirus pandemic, thousands of New York City restaurateurs entered...
Three of Petra Drauschak’s 14 tenants have abandoned their leases during the pandemic. One had already stopped paying by February 2020, when Covid began sweeping across the U.S., but Drauschak’s hands were tied by...
Manhattan’s investment sales market got some much-needed good news last fall, when 601W Companies acquired the Amazon-anchored office redevelopment...
On the verge of going public, Compass disclosed it earned $3.7 billion in revenue last year but lost $270...
The suburban mall that you frequented as a teenager could now be worth substantially less than the dirt underneath it. U.S. mall values declined 60 percent due to appraisals in 2020, according to an...
Real estate, take heart: Cea Weaver, longtime antagonist of the industry, will not be spouting socialism on a city...
The fight for the future of CoreLogic continues. CoStar Group upped its offer to acquire the real estate data company to $97 per share, an increase over its most recent offer of $95.76 per...
The governor was at the peak of his powers — a rising star in the Democratic Party and the most feared figure in the state of New York. Within a week, it all came...
Michael Stern sold his duplex at Walker Tower for less than he’d hoped. The 4,748-square-foot unit sold for $21...
Meridian Capital Group announced today that its Institutional Investment Sales Group, led by Helen Hwang, has been tapped to sell the fee simple interest...
U.S. construction spending reached the highest level on record last month as both local and federal governments began loosening...
