New YorkMar 13, 2025Economic “chaos” is driving NYC rents to new recordsTrump policies stoke uncertainty, leading renters to hold off on homebuying
New YorkMar 13, 2025RXR, SL Green save $940M Worldwide Plaza loan from special servicingDeal nabbed modification after major tenant departure drove delinquency
NationalMar 13, 2025Compass in talks to buy Berkshire Hathaway HomeServicesResi giant eyes second major acquisition in 12-month growth tear
NationalMar 11, 2025Homebuilders resort to desperate measures as Trump’s tariffs loom Changing materials, stockpiling imports among band-aids as policies take shape
New YorkMar 5, 2025NYC construction deaths hit 10-year highThirty workers died on the job in 2023, according to a worker-safety group
New YorkFeb 19, 2025Alex Sapir boots Highgate from NoMo Soho hotel Tel Aviv Stock Exchange filing shows Crescent Hotel Management to take over
NationalFeb 19, 2025Homebuilders’ post-election confidence? GoneSentiment drops as cost, tariff concern grows: NAHB
Los AngelesJan 31, 2025 Trump tariffs could jack up California costs for lumber and steel Construction executives warn of increased costs to rebuilding LA after firestorms
San FranciscoJan 17, 2025LA wildfires could drive up building costs across CaliforniaRebuild will create scarcity of construction workers and materials throughout the state
New YorkDec 16, 2024Construction worker killed at Bruce Eichner’s Murray Hill site45-year-old suffered head injury when cherry picker collided with steel beam
NationalDec 2, 2024Greystar opens its first modular complex in PennsylvaniaApartment giant debuts 312 units built with alternative construction
PhoenixNov 27, 2024McBride Cohen lands $35M to build waterfront village in TempeInfusion from JLW Tempe Investments will help fund second phase of $4B project
NationalNov 19, 2024Homebuilder sentiment on the rise post electionSales outlook exceeds two-year peak: NAHB
New YorkSep 27, 2024City awards $1B construction contract for Kips Bay life science site Skanska set to build Midtown East hub with projected $42B impact
HoustonSep 10, 2024Residential construction up 32% in Greater Houston this year“The recession that everyone expected in 2023 never materialized”
New YorkSep 4, 2024Brad Lander blocks $5M NYPD construction contract after kickback scheme exposedComptroller says MDB Development can’t be hired for 1 Police Plaza work
New YorkAug 1, 2024The Daily Dirt: Laborers ramp up campaign against demolition contractorUnion plans rally at St. Francis redevelopment
New YorkJul 29, 2024Unification Church pitches Bryant Park offices as resi conversion Holy Spirit Association lists building with 125K sf in development air rights
South FloridaJul 29, 2024Financially troubled Columbus Center in Coral Gables facing deed in lieu of foreclosure Landlord could lose office building as $67M loan has been in special servicing since March
Los AngelesJul 22, 2024Los Angeles issues fewer residential permits in first half of 2024Number of permitted homes falls 19%, despite stable interest rates and strong job market
South FloridaJun 24, 2024MSC Group buys future HQ space at Michael Swerdlow’s Block 55 in OvertownAfter paying $67M, Geneva, Switzerland-based shipping firm is moving its North American cruise operations to Miami mixed-use project
San AntonioJun 21, 2024Blackstone, TPG among lenders foreclosing on $95M in SA apartments Multifamily woes mounting in the Alamo City
New YorkJun 18, 2024Lakewood, NJ investor Aron Puretz pleads guilty in $55M fraud schemePuretz allegedly presented fake documents to lenders and Freddie Mac