“We’re not in the business of land-grabbing:” Hana CEO on the future of flex space
Hypergrowth has been the mantra of flex-office-space players for years. WeWork became the largest private tenant in New York City by signing leases at...
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Bill would cap emissions at many rent-regulated buildings
Last May the city enacted sweeping legislation that required buildings to cap carbon emissions — but it spared properties...
StreetEasy threatens to yank Elliman’s rental listings
Call it a declaration of war? StreetEasy has threatened to yank Douglas Elliman’s rental listings in what the portal...
British aristocrats sue to quit Park Ave purchase
A couple whose family has been part of the British aristocracy for generations wants out of a $5.5 million...
Survival of the Fullest: Restaurants fear capacity constraints will kill them
As restaurants move to open, owners are agonizing over capacity constraints and social distancing guidelines, which are expected to...
Tallying crisis’ toll on MRR Development’s Hotel Indigo
Unlike many New York hotels, Hotel Indigo Lower East Side has kept its doors open during the coronavirus pandemic....
The biggest new tenant in New York City is… TikTok
TikTok is coming to Times Square. The parent company for the video-sharing app has inked a lease with the...
Hotel occupancy hovers around 35% after Memorial Day boost
Hotels are slowly clawing their way back from pandemic purgatory. National occupancy rates climbed to 35.4 percent between May...
Pandemic takes a Toll: Builder’s profits drop 42%
As coronavirus battered the residential market, Toll Brothers said its second-quarter profits dropped nearly 42 percent from a year...
Naftali closes on large Williamsburg development site for $100M
The Naftali Group closed on one of the last large-scale development sites on the Williamsburg waterfront. Miki Naftali’s development...
Tensions brew on WeWork’s board with appointment of new members
A brewing dispute at WeWork is set to intensify after a Delaware court approved the co-working company’s decision to...
Industrious adds first female board member and eyes IPO
Flexible-office startup Industrious is moving closer to an initial public offering despite the perils of the coronavirus, which led...
Assembly speaker fast-tracks rent relief bill
A rent-relief bill facing an uphill battle in the Assembly’s housing committee will head to the chamber floor for...
“Large pools of talent”: Mark Zuckerberg touts remote-work plan
After announcing that Facebook will move toward more working from home, Mark Zuckerberg has detailed why the plan will...
Eviction-ban bill passed by lawmakers as landlords object
State lawmakers have approved a moratorium on evictions for the remainder of the Covid-19 emergency. The bill, which still...
Colony Capital reconsiders hotel portfolio in bid to shift from traditional properties
Colony Capital is weighing its options for its portfolio of hotels. The Tom Barrack-led company has hired Moelis &...
TRD Insights: Home lending in the United States was solid before the coronavirus pandemic hit
Home lending in the United States entered the coronavirus pandemic on solid footing, according to a quarterly report from real estate data provider Attom...
Mitsubishi International renews big lease at Durst’s 655 Third Avenue
Mitsubishi International has renewed its lease at the Durst Organization’s 655 Third Avenue, a space it has occupied for...