State bill would soften blow for commercial tenants who break leases
Commercial landlords may soon need to follow some of the same rules that govern residential property owners when a...
Commercial Real Estate
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Blackstone says goodbye to CMBS fund
Blackstone Group is throwing in the towel on a mortgage-backed securities fund. The company is winding down the Blackstone Real Estate Income Master Fund, which realized a 24 percent decline when the coronavirus struck...
Harry Macklowe, Aby Rosen and Joe Sitt among 6,500+ developers, landlords who got PPP bucks
With the free market in free fall, real estate bigwigs turned to Uncle Sam. Harry Macklowe, Aby Rosen and the U.S. subsidiary of Chinese...
AMC nears deal to avoid bankruptcy
AMC is trying to stave off the final curtain. The movie theater chain is close to hammering out a restructuring deal that would save it from bankruptcy, according to the Wall Street Journal. The...
These real estate companies got fat PPP loans
In New York, California, Florida and Illinois a total of more than 1,000 real estate and real estate-related businesses...
Real estate stocks benefit from second quarter rally
While hospitality companies and retailers have been among the hardest hit by the coronavirus, real estate stocks in the...
“Our HQ will be in the cloud”: What if remote-first work is an opportunity, not a compromise?
When it comes to the future of remote work, everyone and their landlord has weighed in. Owners of prime office buildings have dismissed remote...
‘Your pedigree is always questioned’: Black real estate execs push for change
From blatant racism to more subtle microaggressions, the predominantly white real estate industry can be an isolating place for...
William Millichap of eponymous brokerage dies at 76
William Millichap, one of the founders of Marcus & Millichap, has died. The commercial brokerage said Millichap’s death followed...
Nassau Coliseum shutdown throws wrench into RXR project
Billionaire Mikhail Prokhorov is closing Long Island’s Nassau Coliseum indefinitely, citing Covid-19. Prokhorov’s company Onexim Sports and Entertainment operates...
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