Matthew Perry gives L.A. penthouse an $8-million discount
‘Friends’ actor Matthew Perry cuts the price on a Century City penthouse by $8 million. The 9,300-square-foot residence is now listed at $27 million. …
REBNY’s political contributions dwindle
With Democrats in control of the state Senate, and with a growing number of progressive candidates refusing to take cash from real estate, the industry’s main lobbying group in New York has scaled back political contributions…
Randy Rainbow’s (Upper) West Side Story
The writer, performer and self-described ‘Cuomosexual’ is finally living in the apartment he always dreamed of….
The First Hispanic Mortgage Company In Palm Beach Hires Only Veterans
Glenn Parada, the head of an eponymous mortgage empire that recently established its headquarters in Palm Beach, Florida, was born in El Salvador at the peak of the civil war….
Judge: Hotel foreclosure sale is off the “Mark”
With lenders like this, who needs enemies? That sums up the case brought by the owner of the ritzy Mark Hotel against Ohana Real Estate Investors, which scheduled a foreclosure sale of the Upper East Side…
Non-disclosure agreements, disclosed
Last May, the chairman of New York REIT, a company that became notorious for having its dirty laundry aired in public, stressed the clandestine nature of a potential entity-level selloff of its $3 billion portfolio. The…
‘Time Is Always Money’: Pandemic Lockdowns Hasten Infrastructure Work
Improvement of roads and rails has accelerated, but the crisis has strained budgets, muddling prospects for the projects and the real estate developments that count on them….
Shvo to buy Transamerica Building at 10% discount after Covid delay
Michael Shvo is getting a 10-percent discount on the $700 million acquisition of San Francisco’s Transamerica Building — thanks to coronavirus. The developer and his partners, which include private equity firm Deutsche Finance America and German…
The State Of Evictions And Four Strategies To Avoid Future Eviction Proceedings
Implement fraud detection practices that enable you to avoid evictions in the first place….
What Most Of The PropTech Industry Gets Wrong About Tenant Experience
The amenity wars have evolved, with the focus shifting from space-driven experiences to tech-enabled ones supported by both supply and demand….
Differentiate To Win Business In A Hypercompetitive Market Without Increasing Overhead
If you are going to grow, you have to figure out how to generate more clients quickly without spending any more marketing capital….
Outer boroughs dominate mid-market deals last week
Mid-market investment sales picked up in the city last week with four transactions, all in the outer boroughs. That compared to just two deals in the same $10 million to $30 million range the week before….
Outer boroughs dominate mid-market deals last week
Mid-market investment sales picked up in the city last week with four transactions, all in the outer boroughs. That compared to just two deals in the same $10 million to $30 million range the week before….
Bill to nix evictions for a year after Covid-19 ends
A Brooklyn senator introduced legislation that would place the most severe restrictions yet on evictions and foreclosures. New York state Sen. Zellnor Myrie’s bill would prevent all eviction and foreclosure filings for commercial and residential tenants…
8 Pro Tips For Storing Your Coronavirus Face Masks At Home
This isn’t a storage challenge most of us have encountered before 2020, but it’s something many of us are considering now. We want to keep an organized home, but we also want our masks to be…
Ben Folds Puts His Live-Work Sanctuary in Hudson on the Market
The indie-rock musician and his wife renovated the three-story former department store in upstate New York from top to bottom….
Inside Ben Folds’ Hudson Retreat
The indie-rock musician renovated this historic department store in Hudson, N.Y. and is now putting it up for sale….
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 received forgivable loans worth at least $1 million each through the Paycheck Protection Program. That’s just a…
Pentatonix’s Mitch Grassi floats scenic Hollywood Hills home for sale
Singer Mitch Grassi of Pentatonix fame is asking $1.829 million for his Hollywood Hills home of two years. …
“You’ve either made the wrong shoes, or you’ve made too many”: LIC faces a serious condo glut
Over the past decade, Long Island City became the ultimate testing ground for New York City’s new development market. Its proximity to Manhattan and mass transit, the availability of relatively cheap land and a promising waterfront…
