Congressman pitching high-risk lifeline for CRE

Texas Republican Rep. Nicholas Van Taylor (Getty, iStock)
Texas Republican Rep. Nicholas Van Taylor (Getty, iStock)
Congressman pitching high-risk lifeline for CRE

6,500+ developers, landlords got PPP bucks

From left: G.H. Palmer's Geoffrey Palme, RFR Holdings' Aby Rosen, Macklowe Properties' Harry Macklowe, Thor Equities' Joseph Sitt and Ellicott Development's Carl Paladino (Getty, iStock)
6,500+ developers, landlords got PPP bucks

Crossbow-wielding manager sexually harassed WeWork staffer, latest discrimination suit claims

(iStock)
Crossbow-wielding manager sexually harassed WeWork staffer, latest discrimination suit claims

Robert De Niro says Nobu, Greenwich Hotel are struggling

Robert De Niro and 377 Greenwich Street (Getty, Google Maps)
Robert De Niro says Nobu, Greenwich Hotel are struggling

New state bill to cancel rent, mortgages

Yuh-Line Niou (Facebook)
New state bill to cancel rent, mortgages

Latest News

Juno CEO Jonathan Scherr and a rendering of the project 

Former Apple and Tesla employees launch mass production development company

Juno Residential Inc. the latest Silicon Valley startup set on re-ordering the real estate development world. The firm plans...

Former Apple and Tesla employees launch mass production development company
Mayor Bill de Blasio (Getty, Wikimedia)

Landlords challenge city laws protecting non-paying businesses

Two commercial landlords sued the city Friday over laws hastily passed to protect retail tenants during the pandemic. The...

Landlords challenge city laws protecting non-paying businesses
(iStock)

Crossbow-wielding manager sexually harassed WeWork staffer, latest discrimination suit claims

A new federal lawsuit accuses WeWork of bungling its response to a complaint that a mid-level manager regularly wielded weapons at the office, bragged...

Crossbow-wielding manager sexually harassed WeWork staffer, latest discrimination suit claims
Photo illustration of Ryan Schneider and Robert Reffkin (Getty)

Compass to appeal decision sustaining Realogy’s suit

Compass will appeal a New York judge’s decision last month to let Realogy proceed with a lawsuit that alleges...

Compass to appeal decision sustaining Realogy’s suit
TRD Insights: LA retail hasn’t rebounded in these major submarkets

TRD Insights: LA retail hasn’t rebounded in these major submarkets

Even after California allowed many shuttered businesses to reopen their doors, shoppers were slow to return to some LA’s...

TRD Insights: LA retail hasn’t rebounded in these major submarkets
Coronavirus spikes and subsequent closures snapped 11-week streak of rising hotel occupancy rates

US hotel occupancy falls for first time in 11 weeks. Blame Covid again

The 11-week climb in U.S. hotel occupancy rates ended ahead of the July 4 holiday, in part because of...

US hotel occupancy falls for first time in 11 weeks. Blame Covid again
(iStock)

Brooklyn and Queens Q2 sales fall at highest rate in decade

Brooklyn home sales fell last quarter at the highest rate in 10 years, as the pandemic wiped out the...

Brooklyn and Queens Q2 sales fall at highest rate in decade
Miley Cyrus cuts $5M off-market deal for a Hidden Hills abode

Miley Cyrus cuts $5M off-market deal for a Hidden Hills abode

Singer and actress Miley Cyrus picked up a mid-century home in Hidden Hills for $5 million in an off-market...

Miley Cyrus cuts $5M off-market deal for a Hidden Hills abode
Yuh-Line Niou (Facebook)

New state bill to cancel rent, mortgages

A Manhattan Assembly member has proposed a new bill to cancel rent and some mortgage payments. In a twist from other such bills, the one would provide some money to landlords. The “Rent and...

New state bill to cancel rent, mortgages

Inside The National issue

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Tech giants Facebook, Twitter, Apple, Google and Netflix have inked massive new office leases across the country in recent years. How much could the pandemic change that? (iStock)

Is Covid taking the T out of TAMI?

Is Covid taking the T out of TAMI?
WeWork CEO Sandeep Mathrani (Wikipedia, iStock)

What would a WeWork bankruptcy look like?

What would a WeWork bankruptcy look like?
Black Lives Matter protests

As Black Lives Matter protests rage on, NY real estate bleeds blue

As Black Lives Matter protests rage on, NY real estate bleeds blue
Hotel operators trek into special servicing and it may take years before they get out (iStock)

Submerged in securities: Many CMBS hospitality loans may be underwater soon

Submerged in securities: Many CMBS hospitality loans may be underwater soon
270 Park Avenue (Google Maps; iStock)

City planning through a pandemic

City planning through a pandemic
Kathryn Wylde (Axel Dupeux)

The Closing: Kathryn Wylde

The Closing: Kathryn Wylde
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(iStock)

TRD Insights: Forbearance rates fall for third week

As many Americans returned to work, mortgages in forbearance fell for the third consecutive week. Home loans in forbearance...

TRD Insights: Forbearance rates fall for third week
(Getty)

NYC zoos, aquarium plan to reopen this month

New York City’s zoos and aquarium are planning to open later this month, along with museums and movie theaters....

NYC zoos, aquarium plan to reopen this month
From left: MetaProp’s Aaron Block, Domio’s Jay Roberts, Homelight’s Drew Uher, FrontDesk’s Jesse DePinto, Serendipity Labs’s John Arenas and Knotel’s Amol Sarva (Linkedin, iStock, Sarva by Sasha Maslov)

VC or PPP? Some proptech firms got both

Knotel has raised $560 million in venture capital since 2016. But when coronavirus hit, the flex-office provider received a PPP loan between $5 million and $10 million to retain employees. It wasn’t alone: at...

VC or PPP? Some proptech firms got both
346 Madison Aveue (Google Maps, iStock)

Bidders line up to buy Brooks Brothers out of bankruptcy

Two suitors are competing to take over suiting stalwart Brooks Brothers after it filed for Chapter 11 bankruptcy this...

Bidders line up to buy Brooks Brothers out of bankruptcy
Retired tennis superstar Chris Evert sells Boca Raton estate

Retired tennis superstar Chris Evert sells Boca Raton estate

The former No. 1 tennis player in the world sold her Boca Raton compound for nearly $4 million. Retired...

Retired tennis superstar Chris Evert sells Boca Raton estate
Robert De Niro and 377 Greenwich Street (Getty, Google Maps)

Robert De Niro says Nobu, Greenwich Hotel are struggling

Not even Robert De Niro is immune from the pandemic’s impact on real estate. The actor and director said...

Robert De Niro says Nobu, Greenwich Hotel are struggling
Texas Republican Rep. Nicholas Van Taylor (Getty, iStock)

Congressman pitching high-risk lifeline for CRE

A real estate financier turned U.S. representative is leading the charge to give the commercial real estate industry a...

Congressman pitching high-risk lifeline for CRE
From left: G.H. Palmer's Geoffrey Palme, RFR Holdings' Aby Rosen, Macklowe Properties' Harry Macklowe, Thor Equities' Joseph Sitt and Ellicott Development's Carl Paladino (Getty, iStock)

Harry Macklowe, Aby Rosen and Joe Sitt among 6,500+ developers, landlords who got PPP bucks

With the free market in free fall, real estate bigwigs turned to Uncle Sam. Harry Macklowe, Aby Rosen and the U.S. subsidiary of Chinese...

Harry Macklowe, Aby Rosen and Joe Sitt among 6,500+ developers, landlords who got PPP bucks
From left: SL Green CEO Marc Holliday, Ceruzzi Properties’ Arthur Hooper, the Lipstick Building at 885 Third Avenue and IRSA president Eduardo Elsztain (Getty, Wikipedia, Google Maps)

Lipstick Building ground rent reset leads to appraisal dispute

Even in the best of times, market-value rent resets on ground leases have been notorious for causing disputes between...

Lipstick Building ground rent reset leads to appraisal dispute

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