HFZ lays off staff as legal and financial problems mount

Ziel Feldman (Getty, iStock)
Ziel Feldman (Getty, iStock)
HFZ lays off staff as legal and financial problems mount

Nazarian trades hotel assets including SLS, Delano to focus on virtual kitchens

Sam Nazarian and Accor CEO Sébastien Bazin (Getty)
Nazarian trades hotel assets including SLS, Delano to focus on virtual kitchens

Tech giants occupy nearly 600M-sf of US real estate

Amazon's Jeff Bezos, Google's Sundar Pichai and Facebook's Mark Zuckerberg (Getty, iStock)
Tech giants occupy nearly 600M-sf of US real estate

US home prices surged 6.6% in September

Prices increased 6.6 percent year-over-year in September (iStock)
US home prices surged 6.6% in September

NYC property data, simplified: Introducing TRD Listings powered by LavaMap

TRD Listings
NYC property data, simplified: Introducing TRD Listings powered by LavaMap

Latest News

Hippo founders Assaf Wand and Eyal Navon (LinkedIn)
National

Home insurance startup Hippo raises $350M

Home insurance startup Hippo has raised $350 million from Japanese insurance giant Mitsui Sumitomo. The deal comes just four months after the online insurance firm raised $150 million, valuing the company at $1.5 billion....

Home insurance startup Hippo raises $350M
Ziel Feldman (Getty, iStock)

HFZ lays off staff as legal and financial problems mount

HFZ Capital Group has laid off a number of employees as the developer’s financial and legal troubles mount. Two...

HFZ lays off staff as legal and financial problems mount
Prices increased 6.6 percent year-over-year in September (iStock)
National

US home prices surged 6.6% in September

Housing prices continue to soar into the fall. Prices increased 6.6 percent year-over-year in September, according to the S&P CoreLogic Case-Shiller home price index, which tracks the housing market in 20 cities including New...

US home prices surged 6.6% in September
Amazon's Jeff Bezos, Google's Sundar Pichai and Facebook's Mark Zuckerberg (Getty, iStock)
National

Tech giants occupy nearly 600M-sf of US real estate

The sluggish commercial real estate market is getting a boost from tech giants Amazon and Facebook, which have emerged...

Tech giants occupy nearly 600M-sf of US real estate
Clockwise from left: 205 Brook Avenue in the Bronx, 219 Jay Street in Brooklyn, 377 Johnson Avenue in Bushwick and 54-25 58th Street in Maspeth (Google Maps; JLL)

Mid-market investment sales record strong week

A small office building in Brooklyn, an affordable housing portfolio in the Bronx and land parcels next to the...

Mid-market investment sales record strong week
Cineworld Group CEO Mooky Greidinger and Regal Cinema (Photo via Getty; Wikipedia)
National

Regal Cinemas scores financial rescue package

The owner of Regal Cinemas scored a lifeline to help the financially challenged movie theater chain stay afloat. Cineworld...

Regal Cinemas scores financial rescue package

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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(iStock)
National Insights

What doom-and-gloom forecasts miss about the office market

The short-term dive in office demand is not likely to continue far into the 2020s, according to a recent...

What doom-and-gloom forecasts miss about the office market
From left: Edison Properties CEO Robert Selsam, Ironstate Development's Michael Barry, Stellar Management founder Larry Gluck (LinkedIn; Gluck Family Foundation)

These developers could benefit the most from Soho’s rezoning

Sandwiched between two apartment buildings, a one-story, windowless warehouse on Thompson Street has been slated for demolition for more...

These developers could benefit the most from Soho’s rezoning
Extell Development's Gary Barnett and 32 West 48th Street (Google Maps)

Extell makes its Diamond District hotel official

Hotels have faced their fair share of trouble during the pandemic, with some defaulting on their loans and others...

Extell makes its Diamond District hotel official
Ryan Serhant and B6 Advisors' Zach Redding and Dylan Kane with 809 Madison Avenue (Getty; Google Maps; B6)

Serhant, B6 team up to market UES rent-to-condo conversion

In the usual division of labor in real estate brokerage, commercial is commercial, residential is residential and never the...

Serhant, B6 team up to market UES rent-to-condo conversion

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