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SPG-PJ 0.06%
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Z 6.96%
ACRE 21.24%
AHT 8.59%
AKR 9.62%
AVB 6.10%
BPY 6.42%
BXP-PB 0.16%
CBRE 3.57%
CIGI 2.16%
CLPR 5.40%
CWK 7.24%
DRH 4.97%
ELS 5.21%
EQR 5.82%
ESRT 0.23%
EXPI 5.67%
GNL 9.19%
HOV 7.15%
LTC 0.77%
MET 5.10%
MMI 0.87%
NMRK 4.65%
PGRE 2.27%
PK 11.48%
PURP.L 7.93%
RDFN 14.37%
REG 4.37%
RLGY 7.65%
RMAX 1.99%
SLG 2.36%
SPG-PJ 0.06%
STWD 0.00%
TOL 2.08%
VGR 11.06%
VNO 1.78%
Z 6.96%

Could NY’s work from home moment fuel office-to-residential conversions?

The coronavirus could spark the conversion of New York’s office buildings into residential buildings
The coronavirus could spark the conversion of New York’s office buildings into residential buildings
Could NY’s work from home moment fuel office-to-residential conversions?

House passes $2 trillion stimulus package

Representative Kevin McCarthy and US Speaker of the House Nancy Pelosi show the $2 trillion stimulus bill (Credit: ALEX EDELMAN/AFP via Getty Images)
House passes $2 trillion stimulus package

Another huge round of layoffs for Knotel

Knotel CEO Amol Sarva 
Another huge round of layoffs for Knotel

Fed to mall and hotel owners: Drop dead

Federal Reserve Board Chairman Jerome Powell (Photo by Win McNamee/Getty Images)
Fed to mall and hotel owners: Drop dead

Michael Shvo on the Bible, Batman and why NYC will bounce back

TRD-Talks-Live-Shvo
Michael Shvo on the Bible, Batman and why NYC will bounce back

Latest News

(Credit: iStock)

Stimulus deal buoys real estate stocks, but coronavirus maintains its grip

The mid-week market optimism slid away Friday, as real estate stocks — including real estate investment trusts, brokerage firms...

Stimulus deal buoys real estate stocks, but coronavirus maintains its grip
The Plaza Hotel, Sofitel New York at 45 West 44th Street and Le Bernardin at 155 West 51st Street (Credit: Yarl via Wikipedia Commons, Sofitel and Le Bernadin)

Mass layoffs claim jobs at the Plaza, Sofitel and Le Bernardin

 From the Plaza Hotel to Le Bernardin, workers at New York City restaurants and hotels were battered by more...

Mass layoffs claim jobs at the Plaza, Sofitel and Le Bernardin
1412 Pitkin Avenue (Credit: Google Maps)

Crown Heights hotel marks lone mid-market deal this week

Just one property traded hands in New York’s mid-level investment sales market last week, at a time when the...

Crown Heights hotel marks lone mid-market deal this week
Knotel CEO Amol Sarva 

Another huge round of layoffs for Knotel

Flex office company Knotel slashed its 400-person workforce by half, as the coronavirus pandemic has drained the unicorn startup’s membership base. Knotel laid off or furloughed 195 employees worldwide today, Commercial Observer reported. “Business...

Another huge round of layoffs for Knotel
The coronavirus could spark the conversion of New York’s office buildings into residential buildings

Could NY’s work from home moment fuel office-to-residential conversions?

The long term impacts of the coronavirus pandemic will not be fully known for months or even years, but...

Could NY’s work from home moment fuel office-to-residential conversions?
Representative Kevin McCarthy and US Speaker of the House Nancy Pelosi show the $2 trillion stimulus bill (Credit: ALEX EDELMAN/AFP via Getty Images)

House passes $2 trillion stimulus package

UPDATED, 3:46 p.m., March 27: After a brief procedural hiccup, Congress’ $2 trillion economic stimulus package is on its way to the desk of President Trump. U.S. Representatives raced back to Washington on Friday...

House passes $2 trillion stimulus package
Federal Reserve Board Chairman Jerome Powell (Photo by Win McNamee/Getty Images)

Fed to mall and hotel owners: Drop dead

The central bank’s multi-trillion-dollar intervention to help companies facing a credit crunch leaves struggling malls, hotels and other properties out in the cold. Earlier this week the Federal Reserve announced it would launch an...

Fed to mall and hotel owners: Drop dead
TRD-Talks-Live-Shvo

Michael Shvo on the Bible, Batman and why NYC will bounce back

After seven months of due diligence, developer Michael Shvo bet on New York real estate emerging from the coronavirus...

Michael Shvo on the Bible, Batman and why NYC will bounce back
Marc Jacobs with 68 Bethune Street (Credit: Jacobs by Randy Brooke/WireImage; Townhouse by Nest Seekers via StreetEasy)

Marc Jacobs gets what he paid for West Village pad: $10.5M

Marc Jacobs has officially closed on the sale of his West Village townhouse, reaping a mere $50,000 more than...

Marc Jacobs gets what he paid for West Village pad: $10.5M


Inside The New York issue

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Compass faces a reckoning

Compass faces a reckoning

Selling the whole city: TRD’s resi brokerage ranking expands beyond Manhattan

Selling the whole city: TRD’s resi brokerage ranking expands beyond Manhattan

Behind Safehold’s pay dirt plan

Behind Safehold’s pay dirt plan

Pension fund money is getting tangled in some controversial housing deals

Pension fund money is getting tangled in some controversial housing deals

The Closing: Don Capoccia

The Closing: Don Capoccia

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New York Governor Andrew Cuomo (Credit: Drew Angerer/Getty Images, and iStock)

New York halts most construction

After facing pressure from city officials and workers, the state is shutting down all construction except work on infrastructure, healthcare facilities and affordable housing. The Empire State Development Corp. updated its guidelines Friday, saying...

New York halts most construction
Plaza Hotel managing director George Cozonis with the Plaza Hotel at 768 5th Avenue (Credit: Cozonis by Fernanda Calfat/Getty Images)

The Plaza shuts down and lays off 251

Prestige, glamour and Central Park views proved no match for the microscopic coronavirus as the Plaza Hotel stopped taking guests Friday and announced 251 layoffs. “We fully support our local authorities as they work...

The Plaza shuts down and lays off 251
Seamless thumbs up background.

Mark your calendars: These are the top real estate webinars next week

Gatherings are out, but virtual gatherings are in. Here are some real estate webinars coming up next week. Host:...

Mark your calendars: These are the top real estate webinars next week
RSA's Joe Strasburg, CHIP's Jay Martin and REBNY's James Whelan (Illustration by The Real Deal)

Landlord groups: Postpone vote on rent increase

The three main trade associations for New York City’s landlords are jointly asking the city to put off a...

Landlord groups: Postpone vote on rent increase
WeWork's Marcelo Claure and Sandeep Mathrani (Credit: Getty Images)

WeWork to miss 2020 targets because of coronavirus

WeWork says it won’t be hitting its targets this year because of the coronavirus. In a letter to bondholders,...

WeWork to miss 2020 targets because of coronavirus
Redfin CEO Glenn Kelman (Credit: Redfin)

Redfin execs tighten belt and give agents a boost

Agents at real estate brokerage Redfin are getting a reprieve and the CEO is forsaking compensation in light of...

Redfin execs tighten belt and give agents a boost
(Illustration by The Real Deal)

Second Take: Related’s Israeli troubles and how co-ops are dealing with quarantine breakers

The reporters behind The Real Deal‘s coverage of the lawsuits quarantine breakers could face at co-ops and the Related Companies’ dicey time in Tel...

Second Take: Related’s Israeli troubles and how co-ops are dealing with quarantine breakers
Donald Capoccia (Photos by Axel Dupeux)

The Closing: Don Capoccia

Donald Capoccia is a founding member and principal at BFC Partners, which has pioneered development in emerging neighborhoods like the Lower East Side, East Harlem and Downtown Brooklyn and is tackling some of the...

The Closing: Don Capoccia
Ample Hills Creamery co-founders Brian Smith and Jackie Cuscuna (Credit: Ilya S. Savenok/Getty Images for NYCWFF; iStock)

Ample Hills Creamery to lay off all 101 of its workers

Ample Hills Creamery is laying off all 101 of its employees, according to a notice filed with the New...

Ample Hills Creamery to lay off all 101 of its workers
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