New law shields restaurateurs, retailers who quit leases
Mayor Bill de Blasio on Tuesday signed into law a package of Covid-19 relief bills, including one that temporarily...
Loophole allowed big landlords to get bailout funds
“A recipe for disaster”: Fighting property taxes in a pandemic
Landlord attorneys find ways to “eject” tenants without Housing Court
Latest News
Manhattan resi listings are up while contracts “limp along”
Manhattan sellers may have gotten ahead of themselves. The number of new listings in Manhattan increased for the fourth...
Loophole allowed big-name landlords to get bailout funds
Some lucky landlords have secured bailout funds through the federal government’s Paycheck Protection Program — all thanks to a...
Cultural center linked to El-Gamal fights against 45 Park foreclosure
When a lender moved to foreclose on Sharif El-Gamal’s Tribeca condo tower, it tapped one of the top defenders...
Abraham Leser targets $74M refi for Brooklyn, Bronx properties
Capital markets around the world are struggling with the impact of coronavirus. Still, one New York City landlord is...
Outdoor space seals deal in tough luxury market
When a buyer was weighing whether to make an offer at GID Development’s 2 Waterline Square condo in early...
Brooklyn luxury home sales remain 80% below last year
Activity in Brooklyn’s luxury market returned to its typical pandemic level last week after just one sale the week...
Right-sized Commercial Real Estate Financing
Before COVID-19 access to commercial real estate financing was relatively simple. Borrowers rarely thought twice about who provided their...
Tightening mortgage market threatens economic recovery
The Federal Reserve’s move to cut interest rates to near zero in mid-March was expected to give the housing...
Inside The New York issue
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How Blackstone plans to keep its upper hand in the downturn
The big debate intensifies: Are office buildings outdated or obsolete?
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Title insurance startup Spruce raises $29M in Series B
As the coronavirus pandemic has highlighted the inefficiencies of traditional pen-and-paper closings, another startup has secured funding in its...
Activist investor Jonathan Litt is shorting big NYC office landlords
Activist investor Jonathan Litt, who in recent years has pushed to turn around struggling retailers, now has a new...
Hamilton Heights development site led mid-market deals last week
There were four mid-market investment sales in New York City last week: a Hamilton Heights development site, a pair...
“A recipe for disaster”: Fighting property taxes in a pandemic
It’s cumbersome. Antiquated. Arcane. And definitely not Covid-ready. The system for challenging property assessments in New York City was...
Attorneys find ways to “eject” tenants without Housing Court
Housing Court remains closed and an eviction moratorium runs through Aug. 20, but attorneys say they have other ways...
Prestigious Egypt Lane The Heart Of East Hampton Village
Voted “Amerca’s Most Beautiful Village” by National Geographic, East Hampton has much to offer. And while the pristine beaches,...
The Closing: Michael Gianaris
State Sen. Michael Gianaris has been an elected official in New York for the past 20 years and became one of the most pivotal figures in state politics last year when he played a...
Can eXp’s virtual world work in New York?
In 2015, eXp Realty CEO Glenn Sanford boarded a 43-foot motor coach and set off from Bellingham, Washington, to barnstorm the country. Over the course of 11 months at “lunch and learn” sessions in...
The Interview: Bess Freedman on how resi firms will look post-Covid
It’s been six weeks since New York’s residential firms went dark after Gov. Andrew Cuomo shut non-essential workplaces to...