RedSky puts Greenpoint dev site on market asking $165M
Brooklyn-focused real estate investment firm RedSky Capital has put another property on the market amid uncertainty over the valuation...
Latest News - Page 2
For second week, Manhattan records just two luxury contracts
It was a gloomy, if not somewhat expected result for the city’s brokers, who are feeling the effects of...
Airbnb raises $1B from private equity firms
As its global host network struggles and its planned initial public offering faces uncertainty, Airbnb is landing a financial lifeline to help it weather the coronavirus storm. The home-sharing company is raising $1 billion...
Landlords locked out of $350B Paycheck Protection Program
The federal loan program meant to help small businesses weather the coronavirus’ economic impact leaves landlords out. Owners of...
Williamsburg biz takes 53% more space to meet demand
A digital pharmacy significantly increased the size of its new lease in Williamsburg because of the coronavirus pandemic, according...
What other nations’ coronavirus experiences predict for us
The United States is now at the forefront of the coronavirus pandemic, after weeks of watching from a distance...
The top 10 biggest real estate projects coming to NYC
At least some developers are still filing projects, even as New York City remains on lockdown. Overall, permit filings...
As forbearance wave hits, real estate industry begs Fed to take action
The commercial real estate industry is asking the federal government to buy bonds, assets, or lend money to mortgage...
“Tactically, I’ve made regrets. Strategically, I am unchanged:” The Masa Son interview
Following the billions it has plowed into now-beleaguered WeWork, compounded by the coronavirus crisis, SoftBank’s stock is trading well below the value of its...
Inside The New York issue
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Sunnyside Yard project by the numbers
Real estate insiders like to cite the well-known axiom about the value of land: “They’re not making any more of it.” But that’s essentially what the de Blasio administration and Amtrak aim to do...
Proptech and the pandemic: Will coronavirus change how real estate works?
Proptech pioneers have long sought to disrupt the real estate industry with new ways of doing business. Will the...
Catch Hospitality Group laid off nearly 770 last month
Catch Hospitality Group has laid off 767 people from its stable of New York City restaurants. Over 356 workers...
City clears another 300 construction sites for “emergency” work
The number of emergency construction sites exempt from the state’s shutdown of non-essential work has jumped by more than...
Related’s Blau on tenants with cash: “It’s their obligation to pay”
With a $97 billion real estate portfolio, Related Companies faced a reckoning this month. But after bracing for a...
Rental insurance startup Jetty lays off 40% of staff
Jetty, a Silicon Valley-backed rental-insurance startup, has laid off 40 percent of its workforce, The Real Deal has learned....
Brokers must wait to tap SBA forgivable loan lifeline
The majority of real estate brokers seeking help from the federal government’s paycheck lifeline program will have to wait...
SoFla prepares for flood of foreclosures and evictions after governor’s freeze
With hundreds of Floridians losing their jobs on a daily basis and the economy on crutches, Florida Gov. Ron...
Cuomo extends ban on non-essential work to April 29
Gov. Andrew Cuomo on Monday extended his statewide ban on going to non-essential workplaces through April 29. During a...
Solar energy offers owners a safe investment in a crisis—with no upfront cost
We are living in uncertain times. Whether it’s a hurricane, pandemic or something we have yet to imagine, it...
The New York City Construction Market
As COVID-19 continues to spread, markets worldwide are feeling the effects. The construction industry in the United States is no exception, with impacts on material deliveries, project funding, and the ability of workers to...
New VR tech offers hope for the Real Estate industry
The challenge of showcasing property in the pre-built phase, particularly at the prime and super-prime level, is not a...
SBA-PPP “Forgivable Loan” Update For Real Estate Investors & Business Owners
UPDATE 1. RUSH ON SBA-PPP LOANS MAY DIMINISH FUNDING The Small Business Administration (SBA) is now offering “FORGIVABLE” Paycheck Protection Program (PPP) loans to...