New Yorkers ship Upstate and to the Hamptons to wait out coronavirus
It’s no secret to New Yorkers hunkering down in the city: many of their neighbors are missing. New Yorkers...
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CoronavirusBlackstoneCompassWeWorkACRE 21.24%
AHT 8.59%
AKR 9.62%
AVB 6.10%
BPY 6.42%
BXP-PB 0.28%
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%
ACRE 21.24%
AHT 8.59%
AKR 9.62%
AVB 6.10%
BPY 6.42%
BXP-PB 0.28%
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%
Bernie Sanders throws support behind New York rent-suspension bill
Stimulus deal buoys real estate stocks, but coronavirus maintains its grip
Could NY’s work from home moment fuel office-to-residential conversions?
Michael Shvo on the Bible, Batman and why NYC will bounce back
Latest News
The end of Seattle’s construction boom
Washington Gov. Jay Inslee has put a halt to nearly all construction in his state to help stop the spread of coronavirus. Construction will stop at commercial and residential sites for two weeks as...
Government office closures stop commercial deals in their tracks
Broad economic anxiety isn’t all that’s tamping down on commercial real estate deals these days. States and municipalities across...
Bernie Sanders throws support behind New York rent-suspension bill
Presidential candidate Bernie Sanders has thrown his weight behind Sen. Michael Gianaris’ rent-suspension bill. “Along with pausing mortgage payments,...
Fewer Canadians are searching for homes online amid pandemic
Canadians are not only done with open houses, it seems many aren’t even looking for new homes anymore. There...
Demand for housing tanks in UK as buyers stay home
The growing coronavirus pandemic has tanked housing demand in the United Kingdom. Demand fell 40 percent over the last...
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...
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...
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...
Inside The New York issue
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...
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...
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...
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...
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...
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...
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...
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...
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:...
The Scoop: The Secret Life of the Plaza
Murder, movie stars, and more: A new book explores the Manhattan landmark’s riveting history—and the iconic characters linked to it. —by Natalie Chomet For author Julie Satow, the Plaza has an undeniable attraction. From...
To Save or To Sell: A Vital Question for Landlords to Maximize ROI
Save or sell. That’s the tough yet welcome dilemma faced by landlords, now that solar energy production has become...