United Hoisting Company and JNY Capital are teaming up to bring a roughly 400,000-square-foot commercial project to Long Island City. The development will go up at 38-42 12th Street, which United Hoisting Company owns and which…
The coronavirus pandemic has claimed the jobs of all 400 workers at the Gerber Group across its 10 venues in three cities. Scott Gerber, CEO of the hospitality company, said he made the decision Monday after…
The novel Coronavirus is a “circuit breaker” that will have profound implications on the market, but with low interest rates people are still buying homes, Lennar’s executive chairman Stuart Miller said on a conference call with…
In positioning its services as vital, WeWork may be trying to convince lawmakers that it is an “essential business.” …
The Real Estate Board of New York might tap its Member in Need fund to support agents affected by the coronavirus pandemic. During a virtual panel discussion moderated by The Real Deal Wednesday night, Corcoran Group…
Many people are choosing to build accessory dwelling unit (ADU) to live in until their larger main houses can be rebuilt. …
Gov. Andrew Cuomo on Thursday further restricted the number of employees of most businesses who can report to work outside their homes. Cuomo said only 25 percent of a non-essential company’s workforce can report to work….
Mortgage payments and foreclosures in New York will be suspended for a 90-day period in light of the coronavirus pandemic. In a press conference from Albany, New York Gov. Andrew Cuomo announced a number of steps…
Marriott moved quickly earlier this week to furlough tens of thousands of workers as the coronavirus pandemic cripples the hotel industry. Now, the company’s chief executive is concerned the move may hurt the hotel chain when…
As the city works to accommodate the growing number of COVID-19 patients, it is considering a plan to convert hotels into hospitals for patients who don’t have the virus. In an interview with the Wall Street…
Due to the nature of the evolving coronavirus, we would like to let you know that The Real Deal’s 13th Annual Showcase and Forum, originally scheduled for Wednesday, May 6th will now take place on Tuesday, July 28th…
The state has exempted construction, banks and certain residential services from a new work-from-home mandate. Gov. Andrew Cuomo signed an executive order, released Wednesday night, that requires businesses to limit their in-office workforce to 50 percent….
Compass CEO Robert Reffkin implored Congress to include independent contractors in a massive economic stimulus package that will help bail out the faltering U.S. economy. In a letter Thursday to Reps. Nancy Pelosi and Kevin McCarthy,…
As the economy strains under the pressure of COVID-19, Donald Trump is reportedly considering a plan to increase the number of EB-5 visas offered to wealthy individuals who invest in job-creating businesses. Under the proposal, the…
CBS pulled its Black Rock tower building off the market, which had been aiming for a price north of $1 billion. The television network’s parent company, Viacom, said in a filing with the Securities and Exchange…
A recent report looked at the percentage of renters that could afford to buy homes in metro areas around the country….
Eighty percent of branded residences display imprimaturs of luxury hotels. Such is the case at The Mandarin Oriental Hotel & Residences, Honolulu, slated for completion in the middle of 2023 …
Eighty percent of branded residences display imprimaturs of luxury hotels. Such is the case at The Mandarin Oriental Hotel & Residences, Honolulu, slated for completion in the middle of 2023 …
A couple take control of the chaos with the expansion of the closet space in their Brentwood home. …
Take a look at what roughly $400,000 buys right now with an acre or more in Apple Valley, Hesperia and Joshua Tree in San Bernardino County. …
