White House Announces Some Economic Relief, Says More On The Way (Likely Including Checks)
More economic relief is on the way. That was the word out of the White House briefing today regarding the COVID-19 pandemic. …
Tom Brady ramps up marketing of $33.9-million mansion outside Boston
A new video explores Tom Brady’s Massachusetts mansion, which is up for grabs in the posh town of Brookline for $33.9 million. …
Pebblebrook hotels to lay off majority of 8,000-person workforce
One of the country’s largest hotel owners plans to lay off most of its 8,000-person workforce by the end of the month in order to cope with the devastating impact the coronavirus is having on the…
Will Mortgage Borrowers In The US Be Offered A Virus-Induced “Mortgage Holiday?”
The likelihood that a mortgage holiday will be adopted is high. The UK and Italy have already adopted such plans, and with the pandemic bound to get worse before it gets better, pressures for mortgage relief…
City asks state to turn Javits into medical “surge” facility
The Javits Convention Center is being eyed as a Covid-19 triage center. With illnesses from novel coronavirus expected to keep rising, New York City has asked the state for the green light to turn the 760,000-square-foot…
These projects could be held up by New York’s rezoning freeze
To stem the coronavirus pandemic, the city paused more than 100 zoning applications Monday, preventing several massive developments and, ironically, plans for an infectious disease facility in Brooklyn from moving forward. Through an executive order, Mayor…
Barry Sternlicht calls coronavirus “World War III for 90 days”
Barry Sternlicht has voiced worries of the next “calamitous recession,” but now he is optimistic that the epic disruption of the global coronavirus pandemic will be over in three months. “I don’t think in the history…
What’s The Best Way To Disinfect Your Home? Tips For How—And What—To Clean During Coronavirus
How to clean—really, really clean—your house from coronavirus pathogens. …
Airbnb calls for federal aid as hosts voice anger over policy changes
Airbnb’s business model relies on making both hosts and guests happy, but the startup is facing pushback from both sides as it flip-flops over who should cover the cost of cancellations. With demand for short-term rentals…
Tenant coalition demands $10B in “housing relief” in light of coronavirus
New York tenant advocates are demanding billions in funding for housing and a suspension of rent, mortgage and utility payments during the coronavirus outbreak. The coalition, Housing Justice for All, is using a public health crisis…
House Hunting in France: A Self-Sufficient Home for $350,000
In the industrial northeastern region of Alsace, international buyers find quality housing for sub-Paris prices….
Broker group asks StreetEasy to stop counting days on market
Time waits for no broker, especially in the era of coronavirus — and that’s why a group of agents are trying to lobby StreetEasy to stop the clock. The New York Residential Agent Continuum is behind…
$2 Million Homes in Pennsylvania, New York and New Orleans
A Cotswolds-style home in Philadelphia, an 18th-century farmhouse in the Hudson Valley and an 1829 Creole cottage in the French Quarter of New Orleans….
Hotel industry seeks $150B bailout as Marriott begins furlough
The hotel industry is coming to White House hat in hand as the coronavirus pandemic has chilled global travel. The American hospitality industry asked the Trump administration for a $150 billion bailout on Tuesday, warning that…
The Future Of Homebuying: Three Predictions For 2025
The process of thinking of becoming a homeowner, researching properties, viewing the property and eventually making an offer is still not as digital as we hoped and is very much fragmented. How different will this process…
LA mayor orders a moratorium on commercial evictions
Los Angeles Mayor Eric Garcetti late Tuesday ordered a moratorium on commercial evictions for business owners who are unable to pay their rent because of the coronavirus emergency. Garcetti issued a similar moratorium to protect residential…
How Do You Get Great Tenants?
Before you relinquish the key to a valuable property, you need to know that you can expect them to pay rent on time. …
Coronavirus guidance scarce for senior housing
Senior housing developments across the nation are bracing for the coronavirus pandemic. Many seniors rent apartments in developments with others their own age — ordinarily an advantage because it facilitates social interaction. Now, that concentration puts…
Coronavirus May Kill WeWork
With the spread of Covid-19, once-highflying WeWork faces infections, office closures and a business model that looks more like a vice. Now the chances of the coworking company, once valued at $47 billion, surviving look grim….
TRD Talks Live: hear from NYC’s biggest brokerage heads
A pandemic is rocking the real estate industry, and its effects are unprecedented. With New York under threat of shelter-in-place and real estate stocks tanking, The Real Deal is committed to keeping readers connected to the…
