More major retailers furlough employees, withhold rent
The retail bloodbath continued Tuesday as more major chain retailers said they would furlough employees, suspend rent and institute...
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ACRE 2.10%
AHT 5.80%
AKR 0.16%
AVB 3.24%
BPY 4.05%
BXP-PB 0.53%
CBRE 8.09%
CIGI 0.62%
CLPR 0.38%
CWK 7.49%
DRH 3.67%
ELS 1.55%
EQR 1.39%
ESRT 0.67%
EXPI 2.55%
GNL 1.84%
HOV 0.72%
LTC 0.68%
MET 4.56%
MMI 5.38%
NMRK 11.64%
PGRE 0.34%
PK 3.42%
PURP.L 2.14%
RDFN 3.38%
REG 3.80%
RLGY 3.22%
RMAX 0.18%
SLG 6.47%
SPG-PJ 2.57%
STWD 8.73%
TOL 5.22%
VGR 3.06%
VNO 3.70%
Z 2.81%
Home lending in the time of corona: “Underwriting is really difficult right now”
Judge OKs $42M settlement by LeFrak, Battery Park City tenants
David and Victoria Beckham buy condo at Zaha Hadid-designed tower in Miami
Closing in the time of Covid-19: “We’re pulling out all the stops”
Latest News
David and Victoria Beckham buy condo at Zaha Hadid-designed tower in Miami
David and Victoria Beckham paid about $24 million for a full-floor unit at the Zaha Hadid-designed One Thousand Museum...
Manhattan resi listings continue nosedive: report
The first full week of New York’s stay-home policy saw a massive drop in new residential listings in Manhattan....
Home lending in the time of corona: “Underwriting is really difficult right now”
How do you underwrite a home mortgage when the economy is in flux and everyone is forced to stay...
Retail rout continues as Simon furloughs a third of employees
Simon Property Group, the nation’s largest mall owner, is furloughing 30 percent of its workforce, the latest in a...
Judge OKs $42M settlement by LeFrak, Battery Park City tenants
A judge has approved the roughly $42 million settlement between the LeFrak Organization and tenants at a Battery Park...
Airbnb announces relief package. Some hosts say it’s not enough
Once again, Airbnb is in damage control. After facing backlash from hosts for changing its cancellation policy in response...
Ginnie Mae to use natural disaster program to help struggling mortgage servicers
Nonbank mortgage lenders, who are bracing for a massive cash crunch as borrowers across the country seek loan forbearance...
US Open complex, more NYC hotels to be converted into hospitals
As it continues to search for real estate that can be converted to medical facilities to ease the burden...
Inside The New York issue
John Legend, Chrissy Teigen snap up another Nolita penthouse
John Legend and Chrissy Teigen have scooped up a second penthouse in their Nolita building. The celeb pair dropped...
Closing in the time of Covid-19: “We’re pulling out all the stops”
Closing in the time of coronavirus is onerous but not impossible. Developers are agreeing to a variety of contingencies,...
Homeland Security says real estate is “essential business”
As the real estate industry remains split on whether the services it provides are “essential” during a pandemic, one...
WATCH: Developer Sharif El-Gamal has Covid-19. But he’s one of the lucky ones
Sharif El-Gamal is one of the lucky ones. The founder and CEO of Soho Properties, developer of 560 Seventh...
“It’s scary:” Landlords praying tenants pay April rent
For the first time during the coronavirus crisis, Gov. Andrew Cuomo acknowledged Monday that he does not intend to...
Pricey listings including UES townhouse, Central Park Tower condos go live
The week after Gov. Andrew Cuomo ordered real estate brokers to stay home, some were still busy launching listings...
Long Island’s biggest landlord gets even bigger
In a nearly half-billion-dollar deal, Fairfield Properties, owned and led by the Broxmeyer family, acquired a seven-property portfolio with...
Stimulus gives brokers lifeline, but may not be enough for deluge of unemployed
Real estate brokers are generally in the eat-what-you-kill business, working as independent contractors whose main source of income is...
City may allow other types of construction
The city may allow more types of construction under the state’s partial ban. In guidance issued by the Department of Buildings on Monday, the agency stated that in addition to utilities, health care facilities,...
The Scoop: The Secret Life of the Plaza
Murder, movie stars, and more: A new book explores the Manhattan landmark’s riveting history—and the iconic characters linked to it. —by Natalie Chomet For author Julie Satow, the Plaza has an undeniable attraction. From...
To Save or To Sell: A Vital Question for Landlords to Maximize ROI
Save or sell. That’s the tough yet welcome dilemma faced by landlords, now that solar energy production has become...