Residential Real Estate

(NYC Housing Authority, Google Maps, iStock)

Navillus seeks bankruptcy protection from NYCHA lawsuit

Leaks in a public housing complex could force Navillus Contracting to return to its 2017 bankruptcy case. The beleaguered...

Navillus seeks bankruptcy protection from NYCHA lawsuit
Airbnb CEO Brian Chesky. (Airbnb, Getty)
National

Airbnb’s losing spree continues with $1B loss in Q1

With travel finally picking up 14 months into a pandemic that has wreaked havoc on the industry, Airbnb may...

Airbnb’s losing spree continues with $1B loss in Q1
Manhattan and Brooklyn saw all-time records in lease signings in April (iStock)

April leases soared across city; so did concessions

Manhattan, Brooklyn and parts of Queens saw record residential lease signings in April, the latest indicator of the market’s...

April leases soared across city; so did concessions
Council member Ben Kallos and Airbnb CEO Brian Chesky (Getty, iStock)

City Council bill would tighten screws on Airbnb

Putting a New York City apartment up for rent could get tougher. City Council member Ben Kallos introduced a...

City Council bill would tighten screws on Airbnb
Compass CEO Robert Reffkin (Compass, Getty)
National

Compass revenue soars 80% in Q1

UPDATED, May 12 2021, 6:35 p.m.: The bar was set high for Compass’ first quarterly earnings report as a public company. The brokerage, which went public on April 1, reported $1.1 billion in revenue...

Compass revenue soars 80% in Q1
Opendoor CEO Eric Wu (iStock)
National

Opendoor revenue bounces back in Q1

Opendoor had some good news to share in its second earnings call as a publicly traded company. The company reported $747 million in revenue in the first quarter of 2021, an increase of 200...

Opendoor revenue bounces back in Q1

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