Why Compass is going public — and the obstacles it faces

Ori Allon and Robert Reffkin (Getty, iStock)
Ori Allon and Robert Reffkin (Getty, iStock)
Why Compass is going public — and the obstacles it faces

WeWork and Co’s woes add to rising shadow office inventory

Shadow inventory in Manhattan’s flex-office market is contributing to the rising overall availability rate (iStock)
WeWork and Co’s woes add to rising shadow office inventory

The Closing: Spencer Rascoff

Spencer Rascoff (Photos by Kevin Scanlon)
The Closing: Spencer Rascoff

Crown Heights renters protest New York’s “worst landlord”

1616 President Street in Crown Heights (Google Maps; iStock)
Crown Heights renters protest New York’s “worst landlord”

Judge upholds city laws protecting non-paying businesses

Judge Ronnie Abrams ruled several laws signed by Mayor Bill de Blasio are constitutional. (Wikipedia Commons, iStock, Getty)
Judge upholds city laws protecting non-paying businesses

Latest News

Foot traffic in Union Square, the Flatiron District and Chelsea is down by 50% from February. (Getty)

Foot traffic remains low in prime Manhattan neighborhoods

Foot traffic in Manhattan’s most visited business districts has dropped off significantly since the pandemic began, putting a strain...

Foot traffic remains low in prime Manhattan neighborhoods
About 25 percent of employees had returned to work as of Nov. 18 (Getty; iStock)
National

Offices remain empty, and big cities are feeling the crunch

Companies’ hopes of bringing workers back to offices have been dashed as confirmed Covid-19 cases spike throughout the U.S....

Offices remain empty, and big cities are feeling the crunch
From left: Rybak Development's Sergey Rybak, 126 East 86th Street, 128 East 125th Street, Maddd Equities' Jorge Madruga (Rybak, Google Maps; Getty)

Manhattan investment sales show vital signs again

After going quiet at the onset of the pandemic, the investment sales market in Manhattan is showing signs of...

Manhattan investment sales show vital signs again
Spencer Rascoff (Photos by Kevin Scanlon)
National Issue

The Closing: Spencer Rascoff

Spencer Rascoff built the most consequential residential tech startup of a generation. As co-founder and former CEO of Zillow, he pioneered consumer access to home listings and price information, making his firm a platform...

The Closing: Spencer Rascoff

Inside The National issue

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The inside story of 220 Central Park South, the world’s most profitable condo

The inside story of 220 Central Park South, the world’s most profitable condo

The inside story of 220 Central Park South, the world’s most profitable condo
The Trump Reorganization: What’s next for the president’s firm?

The Trump Reorganization: What’s next for the president’s firm?

The Trump Reorganization: What’s next for the president’s firm?
A challenge of biblical proportions: Developers brace for disaster

A challenge of biblical proportions: Developers brace for disaster

A challenge of biblical proportions: Developers brace for disaster
The mirage of low interest rates

The mirage of low interest rates

The mirage of low interest rates
Law in order: Ranking New York’s legal power players

Law in order: Ranking New York’s legal power players

Law in order: Ranking New York’s legal power players
The Closing: Spencer Rascoff

The Closing: Spencer Rascoff

The Closing: Spencer Rascoff
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 8 Spruce Street and Brookfield's Bruce Flatt (New York by Gehry, iStock, Brookfield)

Bad year: 1 in 5 units at Gehry skyscraper goes vacant

More than 200 renters have packed their bags and moved out of the tallest residential skyscraper in Manhattan this...

Bad year: 1 in 5 units at Gehry skyscraper goes vacant
CoStar CEO Andy Florance and FTC chairman Joseph Simons (CoStar; Getty)
National

FTC sues to stop CoStar’s $585M RentPath buy

UPDATED: Dec. 1, 11:30 a.m.: Federal regulators are looking to block CoStar’s $588 million purchase of troubled rental listing...

FTC sues to stop CoStar’s $585M RentPath buy
Law in order: Ranking New York’s legal power players
Issue

Law in order: Ranking New York’s legal power players

UPDATED, Nov. 24, 1:45 p.m.: When the pandemic hit in March, affordable housing investment firm Yes Communities was negotiating...

Law in order: Ranking New York’s legal power players
1529 3rd Avenue and Banana Republic CEO Mark Breitbard (Google Maps; Getty)

Banana Republic to close Upper East Side store

Banana Republic is closing its store at 1529 3rd Avenue, a new filing indicates. The retailer filed a notice...

Banana Republic to close Upper East Side store
David Geffen and 1169 N. Hillcrest Road (Getty, Google Maps)
Los Angeles

David Geffen sells “Billionaires Row” dev site for $34M

Billionaire entertainment mogul David Geffen sold a development site in Beverly Hills for $33.8 million, more than a year...

David Geffen sells “Billionaires Row” dev site for $34M
Second monthly decline in contract activity signals looming decline in U.S. home sales (iStock)
National

Pending home sales fall again as prices continue to rise

In another indication of a potential slowdown in the country’s hot housing market, an index tracking pending home sales...

Pending home sales fall again as prices continue to rise

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