ZeroEnergy Design: Leaders In Zero Energy Architecture
ZED Architects no only designs high functioning new structures and renovations but their Mechanical Design Practice also offers energy consulting and HVAC design. …
“Safer than a bank”: South American family scoops up 8 units at GID’s Waterline Square
If there’s a run on banks in Peru, one loaded family won’t be sweating too much. Their cash is parked in Manhattan real estate. Nervous about the pandemic’s potential impact on financial institutions, a Peruvian family…
U.S. hotel occupancy down to 21 percent
The hotel industry’s nightmare continued last week as occupancy nationwide dipped to a meager 21 percent. The country’s occupancy rate for the week ending April 11 was one point worse than a week ago and 70…
Troubled loan on Cassa Hotel residences in Times Square falls into delinquency
Borrowers across the country have started worrying about their ability to make mortgage payments while the coronavirus squeezes their finances, but one Times Square condo property is already in deep trouble. A $35 million CMBS loan…
After failed FlyWheel deal, New York Sports Club considers bankruptcy
New York Sports Club could soon be benched for good. The gym chain’s owner, Town Sports International Holdings, is considering a potential Chapter 11 bankruptcy filing, according to Bloomberg. The chain has been in talks with…
Hear from economist Sam Chandan on tonight’s TRD Talks Live
Live at 5 p.m. tonight, The Real Deal‘s founder and publisher Amir Korangy will sit down with noted economist and dean of NYU’s Schack School of Real Estate Dr. Sam Chandan, PhD. Back in February at TRD’s…
‘Hercules’ actor Kevin Sorbo seeks $3.95 million for Westlake Village mansion
Actor Kevin Sorbo, famous for playing Hercules, is asking $3.95 million for his Mediterranean villa in Westlake Village. …
One In Four Americans To Use Stimulus Checks To Cover Housing Costs
Three-quarters of U.S. renters could cover their monthly housing expenses with a $1,200 stimulus check, while about one half of homeowners could. …
One In Four Americans Plan To Use Stimulus Checks To Cover Housing Costs: Survey
According to a survey by personal finance site Creditful.com, about 28% of Americans will put their stimulus payments toward covering their rent or mortgage. …
Housing court ends hopes to advance eviction cases
Hopes have been dashed for landlords and lawyers who sought to advance pending eviction cases. In a letter reviewed by The Real Deal, New York City Housing Court Supervising Judge Jean Schneider on Tuesday ended the…
The Buy-Nothing Home Office
Whether you are working, looking for work or simply absorbing a new reality, you should be comfortable. Here’s how to do it with stuff you may already have….
Onetime Georgia Frontiere estate sells in Bel-Air for $43.3 million
A Bel-Air estate designed by architect Paul R. Williams and once owned by former L.A. Rams owner Georgia Frontiere has sold for $43.3 million. …
City tweaks affordable housing construction rules to comply with state guidelines
The city has clarified what affordable housing construction is permitted under the state’s order halting non-essential work. The Department of Buildings on Wednesday revised its guidelines to align with the state’s position on construction, clarifying that…
After “shock and awe” of coronavirus, more tenants paying April rent
Landlords may be breathing a sigh of relief. April rent payments across the country are down 7 percent compared with the previous month, according to the latest figures from the National Multifamily Housing Committee’s rental tracker….
WeWork plans “more disciplined business” (aka cuts)
WeWork says there’s still more fat to trim and, while holding another round of layoffs over employees, advised them to cut it themselves. In a staff meeting Tuesday, the co-working firm’s CEO Sandeep Mathrani announced more…
March retail sales plunge is worst on record
March was the worst month for U.S. retailers on record. Sales dropped a stunning 8.7 percent from February as the coronavirus pandemic caused governments to close non-essential businesses, unemployment to skyrocket and millions to hunker down…
Homeowners looking to refinance boost mortgage applications
Home loan applications trended upward last week, buoyed by homeowners looking to refinance. The Mortgage Bankers Association’s weekly index measuring home loan application volume saw a 7.3 percent increase last week, for the period ending April…
5 Tips For Moving Out Safely During The Coronavirus Pandemic—If You Must
It is possible to move in the midst of coronavirus. …
House Hunting in Malaysia: A Restored Rowhouse in Penang
Before the pandemic froze its housing market, the Southeast Asian nation was luring foreign investment with price incentives….
Non-traded REITs limit withdrawals amid investor rush to retrieve cash
Thousands of people who poured billions of dollars into non-traded real estate investment trusts are now discovering that taking money out is a little more complicated. Many fund managers are limiting how much cash investors can…
