Jack Black’s former Hollywood Hills pad is up for grabs at $1.995 million
A Beachwood Canyon home where actor-musician Jack Black lived in the early 2000s just surfaced for sale at $1.995 million. …
Parkoff picks up portfolio previously owned by Donald Trump’s brother
The Parkoff Organization bought three multifamily properties previously owned by President Donald Trump’s brother, Robert. Parkoff purchased the properties, two in south Brooklyn and one in Jamaica Hills, Queens, for $63 million from Ruby Schron’s Cammeby’s…
Trump Touts ‘Suburban Lifestyle Dream’ After Rescinding Obama-Era Rule Preventing Housing Discrimination
‘Your housing prices will go up based on the market, and crime will go down. Enjoy!’…
Major retailers are squatting on prime real estate
A Nasdaq-listed squatter? Ann Taylor parent company Ascena Retail Group is among a handful of retailers that refuse to vacate stores after breaking their leases. That’s causing some major headaches for landlord Boston Properties. “As long…
NYC’s biggest multifamily lender says rent collections are holding steady
New York City’s biggest multifamily lender said today that rent collections in its $31.6 billion multifamily portfolio have remained strong. During New York Community Bank’s second quarter earnings call, executives reported that multifamily rent collections have…
WeWork hires help to fill vast empty spaces from NYC to LA
WeWork has hired JLL and CBRE to help fill millions of square feet now vacant, from New York City to Los Angeles, as the co-working giant continues to get pummeled by the effects of the coronavirus….
Broker accuses SL Green of stiffing her on $1.4M commission
Broker Lori Shabtai claims SL Green shafted her on a $1.4 million commission, instead offering her an “insulting ‘tip’ of $100,000.” The broker filed a lawsuit detailing the allegations against the big commercial landlord, Crain’s reported….
Four deals over $15M as mid-market i-sales chug along
New York City investment sales between $10 million and $30 million matched the previous week’s count with four, including two in Manhattan and one each in the Bronx and Queens. Among the buyers during the week…
Parent of Quicken Loans, Rocket Mortgage seeks $3.3B in IPO
Rocket Companies, the parent company of Quicken Loans and Rocket Mortgage, has set the bar for its upcoming initial public offering. The mortgage giant is targeting a haul of $3.3 billion from its public offering of…
Desperate hotel owners selling at discounts up to 30%
Cash-strapped hotel owners are selling properties at discounts and agreeing to sky-high interest rates with federal aid about to end. The desperate moves are mostly by small or private hotel owners, though some real estate investment…
AOC seeks to block Trump’s recent effort to rollback fair housing rule
New York Rep. Alexandria Ocasio-Cortez is working to defund the Trump administration’s proposed fair housing rules before they even get off the ground. For years, the administration has talked of dismantling an Obama-era rule which President…
House Hunting in Nova Scotia: A Sprawling Seaside Villa for $2 Million
The eastern Canadian province has managed to make up for the loss of foreign buyers with more domestic transactions, staving off the worst of the pandemic….
Nate Berkus And Jeremiah Brent Launch A Transitional French Chateau Inspired Furniture Collection For Living Spaces
The new Nate and Jeremiah collection for Living Spaces is their best collaboration with the brand yet. …
Mortgage applications fall as fears of second wave rise
Homebuyers are pumping the breaks as mortgage rates, Covid infections and uncertainty rises. An index tracking the weekly volume of applications for loans to buy homes fell 2 percent, seasonally adjusted, in the fourth week of…
$3 Million Homes in California, Illinois and Maine
A midcentury-modern house in Brentwood, a 1910 home outside Chicago and a 28-acre seasonal camp on Mount Desert Island….
HNA’s fire sale continues with One57 deal
HNA Group has sold a third condo unit at One57 at a significant loss, the latest in a long-running series of trophy dispositions for the once high-flying Chinese conglomerate. An entity affiliated with the firm sold…
Housing Stability In The Pandemic Era Should Not Be A Luxury
Housing stability is in danger of becoming a luxury across the U.S. if we stay on our current course….
Property Management: Making Sure Rent Is Collected During A Crisis
Implementing strong communication practices, while showcasing kindness and empathy, can go a long way in your property management strategies….
How will NYC real estate fare without 65 million tourists?
Last year, travel organization Worldstrides organized experiences for 550,000 students and generated $650 million in revenue. But it was forced to issue refunds as the pandemic canceled trips, leaving the largest accredited travel program in the…
How To Succeed As A Modern-Day Leader
No matter where you are in your corporate or entrepreneurial leadership role, understand that every leader has to start somewhere….
