The U.S. Census Bureau’s preliminary residential construction report for March shows the spread of coronavirus had a substantial effect on many areas of new residential construction across the U.S. Housing starts cratered 22 percent in March…
Two of the largest real estate investors are funneling funds into an extended-stay hotel chain. Barry Sternlicht’s Starwood Capital Group recently paid $136.8 million for an 8.5 percent stake, or about $9.05 per share, in Extended…
Here’s what sellers need to know in the midst of Coronavirus. …
Kevin Garnett will be inducted into the Basketball Hall of Fame this summer. But the saga surrounding his Malibu mansion recalls the NBA legend’s losing seasons with the Minnesota Timberwolves. Westlake Village-based contractor G3 Group filed…
In the northern city of Porto, a recent burst of development and renovation has been derailed by the global pandemic….
Newly launched lease management and rent rewards startup, Piñata is asking landlords to nominate COVID-19 impacted renters so that it can cover their rent for a month. …
Video killed the radio star but now, Covid-19 may bring a few to life. Douglas Elliman is launching a podcast channel and encouraging agents to come up with their own shows by offering distribution, publicity and…
A 1725 cottage in Newport, a ranch house in Denver and a Queen Anne Victorian in Baltimore….
The New York City Council is introducing a suite of bills aimed at assisting tenants and small businesses, with measures that would allow those impacted by Covid-19 more time to pay rent and debts. The legislation…
Tonight at 5 p.m., join The Real Deal senior reporter Kathryn Brenzel as she leads a conversation with top building industry officials to discuss construction during coronavirus. According to recent TRD Insights analysis, more than half…
The city is shut down, but pricey closings continue at Vornado Realty Trust’s ultra-luxury condominium at 220 Central Park South. On April 17, an anonymous buyer closed on a 65th-floor unit for $56.2 million, according to…
Customer-centric sensibility will be critical to best position existing assets in what will be a more competitive landscape. …
Mark Macias took space at a WeWork office on Fifth Avenue “before anyone knew what WeWork was” — growing his eponymous public-relations firm from two employees to four, then six. But with the co-working giant keeping…
Now more than ever, it is vital that you have a detailed plan. …
As we hunker down in our homes, many of us are finally taking on those D.I.Y. projects we had been putting off….
When the dust finally settles on this horrible pandemic, I predict people will be looking for a much different type of home. …
Her book “A Field Guide to American Houses,” published in 1984 and revised in 2015, made her a household name among preservationists and architecture buffs….
The $975 million commercial mortgage-backed securities loan for Jeffrey Soffer’s Fontainebleau Miami Beach has entered special servicing, presenting new challenges for Miami-Dade County’s largest resort. The CMBS loan is backed by 846 hotel rooms at 4441…
UPDATED, April 21, 5:45 p.m.: Developers and leaders in Florida’s hospitality industry are calling for a clear plan for reopening, with resort owners urging that the beaches open, along with restaurants and hotels. Florida Gov. Ron…
Avison Young has made cuts to its tri-state workforce as the commercial real estate firm girds its balance sheet against the economic downturn. The Canadian-based company laid off employees across its tri-state offices in New York,…
