Former Apple and Tesla employees launch mass production development company
Juno Residential Inc. the latest Silicon Valley startup set on re-ordering the real estate development world. The firm plans...
Congressman pitching high-risk lifeline for CRE
Crossbow-wielding manager sexually harassed WeWork staffer, latest discrimination suit claims
Robert De Niro says Nobu, Greenwich Hotel are struggling
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Landlords challenge city laws protecting non-paying businesses
Two commercial landlords sued the city Friday over laws hastily passed to protect retail tenants during the pandemic. The...
Crossbow-wielding manager sexually harassed WeWork staffer, latest discrimination suit claims
A new federal lawsuit accuses WeWork of bungling its response to a complaint that a mid-level manager regularly wielded weapons at the office, bragged...
Compass to appeal decision sustaining Realogy’s suit
Compass will appeal a New York judge’s decision last month to let Realogy proceed with a lawsuit that alleges...
TRD Insights: LA retail hasn’t rebounded in these major submarkets
Even after California allowed many shuttered businesses to reopen their doors, shoppers were slow to return to some LA’s...
US hotel occupancy falls for first time in 11 weeks. Blame Covid again
The 11-week climb in U.S. hotel occupancy rates ended ahead of the July 4 holiday, in part because of...
Brooklyn and Queens Q2 sales fall at highest rate in decade
Brooklyn home sales fell last quarter at the highest rate in 10 years, as the pandemic wiped out the...
Miley Cyrus cuts $5M off-market deal for a Hidden Hills abode
Singer and actress Miley Cyrus picked up a mid-century home in Hidden Hills for $5 million in an off-market...
New state bill to cancel rent, mortgages
A Manhattan Assembly member has proposed a new bill to cancel rent and some mortgage payments. In a twist from other such bills, the one would provide some money to landlords. The “Rent and...
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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TRD Insights: Forbearance rates fall for third week
As many Americans returned to work, mortgages in forbearance fell for the third consecutive week. Home loans in forbearance...
NYC zoos, aquarium plan to reopen this month
New York City’s zoos and aquarium are planning to open later this month, along with museums and movie theaters....
VC or PPP? Some proptech firms got both
Knotel has raised $560 million in venture capital since 2016. But when coronavirus hit, the flex-office provider received a PPP loan between $5 million and $10 million to retain employees. It wasn’t alone: at...
Bidders line up to buy Brooks Brothers out of bankruptcy
Two suitors are competing to take over suiting stalwart Brooks Brothers after it filed for Chapter 11 bankruptcy this...
Retired tennis superstar Chris Evert sells Boca Raton estate
The former No. 1 tennis player in the world sold her Boca Raton compound for nearly $4 million. Retired...
Robert De Niro says Nobu, Greenwich Hotel are struggling
Not even Robert De Niro is immune from the pandemic’s impact on real estate. The actor and director said...
Congressman pitching high-risk lifeline for CRE
A real estate financier turned U.S. representative is leading the charge to give the commercial real estate industry a...
Harry Macklowe, Aby Rosen and Joe Sitt among 6,500+ developers, landlords who got PPP bucks
With the free market in free fall, real estate bigwigs turned to Uncle Sam. Harry Macklowe, Aby Rosen and the U.S. subsidiary of Chinese...
Lipstick Building ground rent reset leads to appraisal dispute
Even in the best of times, market-value rent resets on ground leases have been notorious for causing disputes between...