New York
70 restaurants sue Cuomo over “Kafkaesque nightmare” of regulations
Our Wicked Lady, which describes itself as a “bar for Brooklyn’s artist community,” has spent $10,000 retrofitting its business...
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Orion Jones
National
Leisure and hospitality lost 500K jobs in December
The coronavirus continued to have disparate effects on real estate in December, with some sectors continuing to shrink while...
National
Active home listings hit record low
It began with toilet paper, but it’s been homes for a while. Pandemic buying has whittled the number of homes for sale in the U.S. down to an all-time low. Active listings dropped below...
National
Die another day: Ashford gets $350M to survive pandemic
The price is high, but one of the nation’s largest hotel investment trusts will live to be hospitable another...
National
Simon completes acquisition of high-end mall owner Taubman
After a tumultuous process, Simon Property Group has completed its acquisition of Taubman Realty Group. Under the merger agreement,...
National
Ashford: Insolvency imminent without new financing
Ashford Hospitality Trust is running on fumes, the real estate investment trust disclosed Monday. The Dallas-based owner of upscale...
National
LaSalle CEO Jeff Jacobson stepping down
Change is coming to one of commercial real estate giant JLL’s subsidiaries. LaSalle Investment Management announced this week that CEO Jeff Jacobson will step down effective Jan. 1. Jacobson, who has been in the...
National
Amid bleak jobs report, gains in construction and warehousing
The U.S. economy added just 245,000 jobs in November, down from an adjusted gain of 6100,000 in October, representing...
Ex-Cushman employee accuses firm of pay discrimination
A former Cushman & Wakefield senior accountant is claiming he and other employees of color on his team were...
National Issue
RMBS then and now: Do securitized home loans still matter?
Between April and June, when the pandemic went from a shocking jolt to a daily reality, a record number...