Manhattan vacancy hits new peak; Brooklyn stable
As leasing activity resumed in the city and inventories swelled, the vacancy rate in Manhattan’s rental market hit an...
Manhattan vacancy hits new peak; Brooklyn stable
NYC neighborhoods and restaurants with the most social-distancing complaints
City, construction unions strike deal to hire low-income workers
Mortgage refis will get a lot more expensive. The industry isn’t happy
Latest News
City, construction unions strike deal to hire low-income workers
The city and a construction union group have reached an agreement on hiring people from poor communities to work...
Mortgage refis will get a lot more expensive. The industry isn’t happy
Homeowners looking to refinance their mortgage are going to be in for a pricier ride. And mortgage and housing...
Airbnb sues booking guest over unauthorized house party
Los Angeles and cities across California have been cracking down on short-term rental “party houses,” and now Airbnb is...
NYC neighborhoods and restaurants with the most social-distancing complaints
Since the state began reopening, Gov. Andrew Cuomo has repeatedly condemned “bad actors.” Photos of overcrowded parks and bustling...
Bloomingdale’s sued for $2.5M in missed rent
Bloomingdale’s is getting into some heat with its landlord. The famed retailer began skipping rent payments in April and...
Churchill Real Estate lines up $2B investment for residential lending
Churchill Real Estate has secured $2 billion to provide debt on residential real estate. The capital, raised from institutional...
Home sales plunged across South Florida in Q2
Coronavirus took its toll on South Florida’s residential markets in the second quarter, with double-digit declines in Miami-Dade, Broward...
The homes of Kamala Harris
Sen. Kamala Harris, Joe Biden’s nominee for vice president, may have a convenient commute should her running mate win the 2020 presidential election. Harris owns an apartment in Washington D.C., which she bought for...
Inside The National issue
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“Change is happening”: Inside real estate tech’s race to diversify their boards
A tough job at a rough time: What MWBE contractors face in 2020
Record-breaking surge in Covid cases spells trouble for South Florida’s hotel market
“It’s a need, not a want” for many residents: Investors eye long-term gains in senior housing
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Steiner Studios to build TV and production facility in Sunset Park
Steiner Studios, a film and television company with operations in Brooklyn Navy Yard, is planning a major expansion. Steiner...
Here are the multifamily borrowers getting the most forbearance from Fannie & Freddie
Since late March, Fannie Mae and Freddie Mac have been offering forbearance to multifamily borrowers hard hit by the...
Simon, Brookfield in talks to buy bankrupt J.C. Penney
Simon Property Group and Brookfield Property Partners are reportedly in advanced talks about buying J.C. Penney’s retail business. J.C....
Federal aid dries up and eviction bans loom over landlords
Apartment owners like Jerry Waxenberg, whose firm owns several thousand units, are biting their nails over rent collections. Waxenberg...
Neiman Marcus committed to 50 years at Hudson Yards. It lasted 16 months.
UPDATED, Aug. 13, 2020, 9:18 am: When Neiman Marcus signed a lease to take over a massive space in...
Jeffrey Katzenberg sells Beverly Hills mansion for $125M
This aint no Quibi-sized deal. Jeffrey Katzenberg, the chairman of the short-form video content site and former boss of...
AIG, Goldman lend on Shvo’s “Big Red” buy in Chicago
AIG and Goldman Sachs provided Michael Shvo and his partner with a $240 million loan to acquire Chicago’s “Big...
Thomas Keller closing TAK Room, Bouchon Bakery at Hudson Yards
Celebrated chef Thomas Keller has announced that two Hudson Yards eateries, TAK Room restaurant and Bouchon Bakery, will close...