National
Treasury quits bid to privatize Fannie Mae, Freddie Mac
The Trump administration, which has a lot going on in its final days, is dropping its effort to return...
Cuomo adds housing to $51B Midtown West project
Real estate trade groups reconsider donations after Capitol unrest
These are the companies dumping the Trump Organization
Nir Meir seeks to throw out Hamptons ejection suit
Latest News
NYC loses $2.5B in property taxes, gets $1B from FEMA
Property tax revenue did not plunge with the city’s economy last year because assessments preceded the pandemic. This year,...
National
Biden’s $1.9T package would extend eviction ban, boost rent relief
President-elect Joe Biden on Thursday outlined a $1.9 trillion emergency relief plan that would have major consequences for real...
Nir Meir seeks to throw out Hamptons ejection suit
Former HFZ Capital Group executive Nir Meir is asking a court to throw out a case seeking to eject...
National
Real estate trade groups reconsider donations after Capitol unrest
Last week’s violence at the U.S. Capitol Building has led many banks and corporations to rethink their approach to...
Who’s buying and selling Manhattan homes? Last month’s notable deals
The city’s for sale, but who’s laying down millions and buying in? Michael Nierenberg of New Residential Corp. and...
The 10 biggest new project filings in NYC
Opponents chased Amazon’s proposed second headquarters away from Long Island City, but that hasn’t stopped a wave of new projects from coming to the neighborhood. Of the 10 biggest new building applications filed in...
Cuomo adds housing to $51B Midtown West project
The state’s massive development plans for the area surrounding Penn Station now includes affordable housing. Gov. Andrew Cuomo announced...
Miami
Serena Williams sells Palm Beach Gardens home after buying Yadier Molina’s Jupiter mansion
Serena Williams sold her Palm Beach Gardens home for $2.8 million, months after buying baseball player Yadier Molina’s Jupiter mansion. The tennis pro, who...
Inside The National issue
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Tri-State
Former ad exec asks staggering $175M for Hamptons estate
In February, billionaire Ken Griffin purchased Calvin Klein’s seven-acre Southampton home for $84 million — the year’s most expensive...
Feds indict NY real estate exec in $50M fraud scheme
Federal prosecutors say the former CEO of a New York real estate firm defrauded hundreds of investors out of...
Los Angeles
Santa Monica mega-portfolio officially hits market
It’s official: The largest multifamily development opportunity in Santa Monica in a generation is now on the market. WSC...
Miami
A-Rod’s ex-brother-in-law alleges racketeering, embezzlement in new lawsuit against retired Yankee
Retired New York Yankees player and real estate investor Alex Rodriguez is facing new allegations of racketeering, embezzlement and fraud in a complaint filed...
Tri-State
Westchester home sales hit historic high in 2020
Unlike its neighbor to the south, when it comes to home sales, Westchester County had a really good 2020....
Former Sapir employee accuses company of retaliation
A former employee of the Sapir Organization claims her old boss retaliated against her after she failed to find...
Manhattan asking retail rents continue downward spiral
The holidays are typically a bright spot for retailers, but with little foot traffic returning to Manhattan, the fourth...
Rent-stabilized tenants owe landlords more than $1B
Pressure is mounting on New York City’s renters. According to a new survey from the Community Housing Improvement Program,...
National
Knock hires ex-Lyft, Uber exec as first CFO
Knock, a startup that helps people buy new homes before selling their old ones, has tapped a former Lyft and Uber executive as its new CFO. The company said Michelle DeBella will report directly...