As weather heats up, Brooklyn luxury market doesn’t
Christmas in July is not a good thing when it comes to home sales. Once again, activity in Brooklyn’s...
De Blasio to sign Airbnb, property tax legislation
Shvo to buy Transamerica Building at 10% discount after Covid delay
Outer boroughs dominate mid-market deals last week
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Council members talk broker fee caps and real estate donations
It wasn’t so long ago that broker fees were among the biggest points of contention in city government. Democratic...
De Blasio to sign Airbnb, property tax legislation
Mayor Bill de Blasio will sign three bills today on reporting of short-term rental data and interest rates for...
REBNY’s political contributions plummet
With Democrats in control of the state Senate, and with a growing number of progressive candidates refusing to take cash from real estate, the industry’s main lobbying group in New York has scaled back...
Judge: Hotel foreclosure sale is off the “Mark”
With lenders like this, who needs enemies? That sums up the case brought by the owner of the ritzy...
The new normal in preconstruction real estate sales
In the age of virtual pitches and online presentations, real estate teams need creative solutions to social distancing problems....
Non-disclosure agreements, disclosed
Last May, the chairman of New York REIT, a company that became notorious for having its dirty laundry aired in public, stressed the clandestine nature of a potential entity-level selloff of its $3 billion...
Shvo to buy Transamerica Building at 10% discount after Covid delay
Michael Shvo is getting a 10-percent discount on the $700 million acquisition of San Francisco’s Transamerica Building — thanks...
Outer boroughs dominate mid-market deals last week
Mid-market investment sales picked up in the city last week with four transactions, all in the outer boroughs. That...
Inside The National issue
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As Black Lives Matter protests rage on, NY real estate bleeds blue
Submerged in securities: Many CMBS hospitality loans may be underwater soon
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Bill to nix evictions for a year after Covid-19 ends
A Brooklyn senator introduced legislation that would place the most severe restrictions yet on evictions and foreclosures. New York...
These real estate companies got fat PPP loans
In New York, California, Florida and Illinois a total of more than 1,000 real estate and real estate-related businesses...
“You’ve either made the wrong shoes, or you’ve made too many”: LIC faces a serious condo glut
Over the past decade, Long Island City became the ultimate testing ground for New York City’s new development market. Its proximity to Manhattan and...
West Coast luxury broker wants to buy New York Mets
West Coast luxury broker and developer Kurt Rappaport is taking a swing at owning an East Coast baseball team....
Private prison REIT threatened inmates for reporting Covid-19 concerns: lawsuit
Geo Group, one of the largest private prison operators in the country, is putting inmates at risk of contracting...
TRD Insights: Hotel CMBS delinquencies jumped in June
Hotels’ occupancy rates have been rising, but their loan troubles are through the roof. Hotel delinquencies among commercial mortgage-backed...
REITs: A crystal ball for NYC’s commercial real estate
How quickly will New York City recover from the pandemic’s jiu jitsu move that uses the city’s greatest strengths...
Restaurants, gyms to close again in Miami-Dade
Miami-Dade County Mayor Carlos Gimenez is ordering restaurants to close their dining rooms effective Wednesday, marking a major blow...
Viceroy L’Ermitage is latest Jho Low property feds look to unload
In March, the federal government sold a 13,000-square-foot mansion in the exclusive Bird Streets neighborhood that once belonged to...