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Special Issue Archive
Here’s what the $10M-$30M investment sales market looked like last week
October 17, 2019 08:30AM
In the two New York City mid-market investment sales made public last week, AB Capstone picked up two Long Island City sites, and an...
How much are NYC hotels hurting?
October 17, 2019 07:30AM
During a recent earnings call, Starwood Property Trust CEO Barry Sternlicht broached a touchy topic in the real estate world: the possibility of a...
Home foreclosures dropped nearly 20% in Q3, report shows
October 17, 2019 07:00AM
UPDATED, 8:36 a.m.: There is growing unease about an impending recession, but at least one economic indicator isn’t pointing in that direction. U.S. home...
Columbia acquiring Normandy for $100M in New York real estate’s latest megamerger
October 16, 2019 05:30PM
Columbia Property Trust is buying Normandy Real Estate Management in a deal worth about $100 million, Columbia announced on Wednesday. Columbia has signed a...
Alex Sapir’s massive Opportunity Zone site in Miami hits the market
October 16, 2019 03:30PM
Sapir Corp. and its partners planned to build a 1.7 million-square-foot project on an assemblage of land north of downtown Miami. But the Israeli...
reporter on CBS-2 discusses landlords keeping rent-regulated units empty
October 16, 2019 02:30PM
After the sweeping changes to the rent law in June, multifamily landlords are reconsidering their usual practice of renovating rent-regulated apartments that become vacant....
Data Alert! Crunching the numbers on Manhattan condo inventory
October 16, 2019 01:30PM
Kevin Sun and Yoryi de la Rosa
New development condo report Manhattan • Inventory expanded as developers filed more units than were purchased • Developers filed six plans with a total...
Brokerages on rental application fee cap: “It hurts”
October 16, 2019 12:00PM
Erin Hudson and Sylvia Varnham O’Regan
Since lawmakers clarified last month that agents and brokerages can only charge up to $20 for the preparation of rental applications, the pain has...
Father’s harrowing tale puts hotels’ liability in spotlight
October 16, 2019 08:30AM
David Johnson was in Central Park on a Sunday afternoon this spring when his daughter called from her room at the Lexington Hotel to...
The Closing: Steven Holl
October 16, 2019 07:30AM
Famed architect and watercolorist Steven Holl founded his company as a two-person practice in Chelsea in 1977. The firm has since grown to 40...
Tenant coalition sets agenda: tax the rich and house the poor
October 16, 2019 06:00AM
Tenant advocates who won a sweeping overhaul of New York’s rent law have a new target — the entire housing market. Housing Justice for...
What, We Worry? Execs remain confident in WeWork-anchored Brooklyn project
October 15, 2019 04:30PM
WeWork’s recent troubles were largely out of sight and out of mind at the launch event for a massive office project at the Brooklyn...
Big building owners prevent city from dumping container-pickup in trash-collection reform
October 15, 2019 04:00PM
When the City Council introduced its controversial bill in the spring to remake the commercial trash-hauling industry, it made no mention of protecting a...
By the numbers: Breaking down national housing agendas from the far left
October 15, 2019 03:00PM
C. J. Hughes
Just a few months after New York passed historic reforms that infuriated landlords and thrilled tenants — with California following suit — several Congress...
Robert Shapiro gets 25 years in prison for massive Ponzi scheme
October 15, 2019 01:38PM
UPDATED, Oct. 15, 11:04 a.m.: When developer Robert Shapiro pleaded guilty in August to leading a $1.3 billion real estate Ponzi scheme, he faced...
Terra sells part of RealPlus stake to Corcoran and Elliman
October 15, 2019 01:24PM
E.B. Solomont and Sylvia Varnham O’Regan
Four of the city’s top residential firms are teaming up on a shared listing system amid the industry’s long-running feud with StreetEasy. In a...
NYC’s bid to kill property-tax lawsuit back in court
October 15, 2019 09:45AM
Another court showdown is on tap for the real estate industry’s lawsuit against New York City’s property-tax system. The plaintiff, an industry-backed coalition called...
Is history repeating itself for Steve Croman and his renters?
October 15, 2019 07:30AM
Kathryn Brenzel and Eddie Small
In May, three New York University students moved into the cellar of a pre-war East Village apartment building, excited to have a small —...
Sweeping LLC law surprised even legislators
October 15, 2019 07:00AM
Sylvia Varnham O’Regan
The outlawing of anonymous condo ownership in New York shocked the very lawmakers who passed it. And now the equally shocked real estate industry...
SoftBank’s problem solver faces his biggest challenge yet: WeWork
October 14, 2019 10:36AM
In late September, SoftBank Group’s Marcelo Claure took to Twitter to share his goals for the upcoming month. He wanted to beat his best...
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