$700,000 Homes in Montana, California and Georgia
A Queen Anne Victorian in Helena, a 1924 clapboard bungalow in Los Angeles and a 1968 colonial near Atlanta….
Think Three Steps Ahead: How To Keep A Real Estate Business Afloat In Crisis
In a crisis like the one that COVID-19 has brought upon us, as with the 2008 recession or the months after 9/11, the independent contractor can think only about one issue: how long until my next…
Realogy cuts salaries and work week to avoid layoffs
The economic impact of coronavirus has hit Realogy — but not in the form of layoffs. The brokerage giant will temporarily cut the salary and work week of a “majority of our employees,” the company disclosed…
These Cities Are Seeing The Highest Growth In Refinance Applications
Refinancing applications tripled from a year ago in each of the 50 largest cities and in all but five states as record-low mortgage rates clearly resonated with homeowners. …
These Cities Are Seeing The Highest Growth In Mortgage Refinance Applications
Refinancing applications tripled from a year ago in each of the 50 largest cities and in all but five states as record-low mortgage rates clearly resonated with homeowners. …
Jacob Chetrit pulls out of $815M Daily News building deal; SL Green keeps his $35M deposit
It may be the first New York trophy trade to be scuttled by the coronavirus. Jacob Chetrit’s $815 million deal to buy the former Daily News Building in Midtown from SL Green Realty is off after…
TRD Talks: How developers are contending with coronavirus
One called for a total shutdown of business. Another advised startups to plan for zero revenue for six months. And a third had harsh words for impatient lenders. All three New York developers, Miki Naftali, Ryan…
Pols pitch stop-gap measures for skipped rent payments
Two Manhattan politicians are calling for measures to give renters and landlords a respite. Assembly member Harvey Epstein proposed a bill Tuesday that would cancel this year’s Rent Guidelines Board rent increases and freeze rents on…
How to Look Your Best on a Webcam
Check your lighting and be deliberate about the background you’re showing the world….
Tracking the taxes that whack New York real estate
Roughly a year ago, the real estate industry successfully lobbied to thwart what its leaders said would be a devastating new tax. The pied-à-terre tax would have slapped an annual excise of up to 4 percent…
Another bloodbath: Lyric to slash jobs, drop units
Lyric, the Airbnb-backed hospitality startup, is drastically downsizing — just a month after laying off 20 percent of its staff. With the coronavirus pandemic bringing travel to a standstill, the San Francisco-based company gave pink slips…
Mitigating Regulatory Risk In A Multifamily Investment
It is incumbent upon the investor to understand their responsibility — or potential responsibility — to comply with the regulations that govern their ownership. But, those laws can change, and that is the risky part. …
Crown Acquisitions’ Stanley Chera hospitalized
Stanley Chera, the founder of Crown Acquisitions and one of New York’s biggest retail landlords, has been hospitalized in the midst of the coronavirus pandemic. Chera, 78, was taken from his summer home near Deal, New…
North Arlington, N.J.: A Quiet Suburb Close to New York City
Newcomers are attracted by the close-knit community and the affordable homes — never mind that the borough’s biggest landmark is a century-old cemetery….
$2 trillion coronavirus stimulus deal reached
The White House and Senators came to terms early Wednesday on a roughly $2 trillion stimulus measure – the biggest of its kind in U.S. history – aimed at delivering emergency financial support to businesses and…
NY regulators lay out specifics of homeowner mortgage break
The Department of Financial Services just released the rules of engagement for banks to grant relief to homeowners impacted by the coronavirus. The regulations, promulgated Tuesday afternoon, follow Gov. Andrew Cuomo’s executive order last week telling…
TRD Talks: Hear from SoCal resi brokerage chiefs on how to navigate the pandemic
Even in the best of times, running a residential brokerage is a survival-of-the-fittest business. Razor-thin margins, demanding agents and increased competition from venture-backed firms and technology platforms are lofty challenges. But what do leaders do when…
Kaufman, AXA make $50M Midtown South buy
The Kaufman Organization has bought an office building in Midtown South for nearly $50 million. Kaufman, along with its joint-venture partner AXA Investment Managers, closed Tuesday on the purchase of the 12-story office building at 56…
Real estate stocks rebound as deal nears for massive stimulus
A day after stocks fell when Congress failed to pass a $2 trillion stimulus package, financial markets rallied on Tuesday — and with them real estate stocks — as lawmakers edged closer to a massive deal…
Ron Howard’s former spot in Encino trades hands for $3.4 million
A stylish ranch once owned by Oscar-winning filmmaker Ron Howard just sold in Encino for $3.4 million. …
