Lemonade raises IPO target to $319M

Lemonade co-founders Daniel Schreiber and Shai Wininger
Lemonade co-founders Daniel Schreiber and Shai Wininger
Lemonade raises IPO target to $319M

Trump tweets that he “may END” Obama-era fair housing regulation

President Donald Trump (Getty, iStock)
Trump tweets that he “may END” Obama-era fair housing regulation

Why the Council abandoned affordable housing

City Council member Vanessa Gibson, Speaker Corey Johnson and City Council member Brad Lander (Getty)
Why the Council abandoned affordable housing

NYC indoor dining postponed indefinitely

Governor Andrew Cuomo and Mayor Bill de Blasio (Getty, iStock)
NYC indoor dining postponed indefinitely

Bad to worse: Manhattan office leasing sees slowest quarter since 2009

Major new leases of Q2 2020 included the SEC’s 241,000 sq ft lease at 100 Pearl Street (Downtown), Match Group's 41,000 sq ft lease at 60-74 Gansevoort (Midtown South) and TikTok’s 232,000 sq ft lease at 151 West 42nd Street (Midtown) (Google Maps, BKSK Architects)
Bad to worse: Manhattan office leasing sees slowest quarter since 2009

Latest News

Larry Silverstein of Silverstein Properties and George Kaufman of Kaufman Astoria Studios with renderings of the project (Getty, Innovation QNS)

Silverstein, Kaufman plan $2B Queens development

A team of developers is planning a $2 billion, 2.7 million-square-foot mixed-use development in Astoria. Kaufman Astoria Studios, Silverstein...

Silverstein, Kaufman plan $2B Queens development
The economy beat expectations in June, adding 4.8 million jobs, with retail and hospitality leading the way. But a surge in coronavirus infections threatens further gains. (Getty)

Retail and hospitality led June job gains as virus surged

The U.S. added 4.8 million jobs in June and the unemployment rate fell to 11.1 percent, beating economists’ expectations....

Retail and hospitality led June job gains as virus surged
City Council members Debi (Deborah) Rose (right) and Brad Lander (Getty, iStock)

Council bill to reopen day care centers would be boost for landlords

Week after week, Tim O’Sullivan has been watching New York’s coronavirus numbers fall and businesses reopen — but not...

Council bill to reopen day care centers would be boost for landlords
Governor Andrew Cuomo (Getty)

Desperate to open, gyms plan class action against Cuomo

Thousands of New York gym owners plan to file a class-action lawsuit against Gov. Andrew Cuomo challenging his decision...

Desperate to open, gyms plan class action against Cuomo
Revolts and reopenings: Gateway cities look to reestablish themselves in the era of Covid-19

Revolts and reopenings: Gateway cities look to reestablish themselves in the era of Covid-19

George Floyd died in Minneapolis on May 25 after being pinned down by three police officers — one of whom kept his knee on...

Revolts and reopenings: Gateway cities look to reestablish themselves in the era of Covid-19
President Donald Trump (Getty, iStock)

Trump tweets that he “may END” Obama-era fair housing regulation

President Trump’s latest announcement regarding his plans for fair housing regulations came in the form of a Tuesday night...

Trump tweets that he “may END” Obama-era fair housing regulation
Lemonade co-founders Daniel Schreiber and Shai Wininger

SoftBank-backed Lemonade raises IPO target to $319M

As its anticipated early July IPO date draws nearer, home insurance provider Lemonade is raising its share price once...

SoftBank-backed Lemonade raises IPO target to $319M
Scott Sandelin, Ben Potts, Michelle Bernstein, Felix Bendersky and Aaron Butler (Beaker & Gray, Twitter, F&B, Linkedin)

Restaurants, bars in a “scary situation” as restrictions ramp up

Faced with heightened restrictions due to a surge in Covid-19 cases, coupled with a desire to keep employees safe,...

Restaurants, bars in a “scary situation” as restrictions ramp up
Brookfield CEO Brian Kingston

Brian Kingston on Brookfield’s long game

It’s been an especially busy few months for Canadian investment giant Brookfield, which is upping its bets on everything from struggling chain stores to distressed real estate. Brian Kingston, CEO of Brookfield Property Partners,...

Brian Kingston on Brookfield’s long game

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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348 Court Street (Google Maps, Twitter/FDNY)

Building collapses in Brooklyn: FDNY

A three-story building at 348 Court Street in Brooklyn collapsed Wednesday evening. The New York City Fire Department received reports of the crumbled structure at 5 p.m., according to a spokesperson for the department....

Building collapses in Brooklyn: FDNY
LA County ordered to shut indoor dining for 3 weeks as Covid cases climb

LA County ordered to shut indoor dining for 3 weeks as Covid cases climb

With coronavirus cases on the rise again, Gov. Gavin Newsom has ordered Los Angeles County to shut indoor dining...

LA County ordered to shut indoor dining for 3 weeks as Covid cases climb
City Council member Vanessa Gibson, Speaker Corey Johnson and City Council member Brad Lander (Getty)

Why the City Council abandoned affordable housing

The speeches began shortly after 10 p.m. and dragged on for more than two hours. One City Council member...

Why the City Council abandoned affordable housing
Major new leases of Q2 2020 included the SEC’s 241,000 sq ft lease at 100 Pearl Street (Downtown), Match Group's 41,000 sq ft lease at 60-74 Gansevoort (Midtown South) and TikTok’s 232,000 sq ft lease at 151 West 42nd Street (Midtown) (Google Maps, BKSK Architects)

Bad to worse: Manhattan office leasing sees slowest quarter since 2009

When coronavirus slammed Manhattan’s office leasing market at the end of the first quarter, it was enough to drag...

Bad to worse: Manhattan office leasing sees slowest quarter since 2009
William Randolph Heart, Marion Davies and 7 Upper Drive (Getty, Elliman)

Former Hearst home in Huntington Bay hits market for $2.2M

A mansion once owned by William Randolph Hearst has hit the market for $2.2 million, according to the New...

Former Hearst home in Huntington Bay hits market for $2.2M
Alex Sapir with the NoMo Soho hotel at 9 Crosby Street (Nomo Soho)

Sapir Corp’s earnings highlight challenges facing NYC hotels

As the coronavirus crisis led many New York City hotels to close their doors, some properties have managed to...

Sapir Corp’s earnings highlight challenges facing NYC hotels
Seth Campbell (iStock)

Keller Williams to cut ties with top franchise owner following sexual harassment allegations

Keller Williams is cutting ties with Seth Campbell, the owner of several of the brokerage’s market centers with approximately 500 agents under his supervision,...

Keller Williams to cut ties with top franchise owner following sexual harassment allegations
Clockwise from top left: 871 Grand Street, 392 St. Marks Avenue, 607 Franklin Avenue and 600 Park Place in Brooklyn (Credit: Google Maps; iStock)

All Year and David Werner renegotiate deal for $300M Brooklyn portfolio sale

Not all coronavirus-impacted real estate deals need to go to court, after all. After the pandemic slammed the brakes...

All Year and David Werner renegotiate deal for $300M Brooklyn portfolio sale
Governor Andrew Cuomo and Mayor Bill de Blasio (Getty, iStock)

New York City indoor dining postponed indefinitely

Restaurants suffered a major blow as officials announced Wednesday that indoor dining would remain forbidden indefinitely. Only six days...

New York City indoor dining postponed indefinitely

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