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...
Lemonade raises IPO target to $319M
Trump tweets that he “may END” Obama-era fair housing regulation
Bad to worse: Manhattan office leasing sees slowest quarter since 2009
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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....
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...
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...
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...
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...
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...
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,...
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,...
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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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....
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...
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...
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...
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...
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...
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,...
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...
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...