Slowdown In Foreign Investment In U.S. Real Estate Is Cause For Concern
Our economic institutions, while by no means perfect, are among the most dependable and stable in the world, and it is in our best interest to keep them that way. …
Why nothing ever gets built on this Pacific Park site
It looked like the long-stalled effort to build Pacific Park’s largest structure finally had momentum when the Cuomo administration announced in November that it would condemn the final properties needed. But the project, catercorner to the…
Five Things To Know About Real Estate Wholesaling
Whether you are running a new business or a fairly old one that is having trouble staying afloat, wholesaling is one of the best ways to start or to continue a real estate business. …
How Property Management Can Increase Resale Value
Excellent property management can substantially increase your property’s eventual sale value. …
Showing showdown: Resi brokers split on apartment tours amid pandemic
Should brokers be showing homes in person right now? It’s a question that’s dividing the real estate industry as agents across the city grapple with complicated professional and personal decisions in the grip of a fast-moving…
No more playrooms, pools or gyms as NYC resi buildings hunker down
Pools are shutting down, along with playrooms, lounges and sleek co-working spaces that just a few days ago were among the most sought-after amenities at New York City luxury buildings. Doormen are stopping delivery food workers…
Here’s what the Fed’s actions mean for the housing market
To contain the economic fallout of the coronavirus, the Federal Reserve announced Sunday afternoon it cut its benchmark interest rate to near zero, and said it would buy hundreds of billions of dollars in assets. For…
Samantha Mathis, Self-Isolating Downtown
With the opening of her musical, ‘Whisper House,’ postponed, the ‘Billions’ actor is riding out the coronavirus in her Greenwich Village rental….
A ‘Billions’ Star’s ‘Little Lady’ Apartment
With the opening of her musical, ‘Whisper House,’ postponed, Samantha Mathis is riding out the coronavirus in her Greenwich Village home….
Vacation Home Swapping for the Very Wealthy
There’s a growing business in helping owners of high-end retreats around the globe connect with each other….
Sunshine and Lower Costs Draw More North Americans to the Dominican Republic
Increased building activity has raised prices in recent years, but many still see an opportunity for affordable retirement living….
Stop all construction in NYC now: Menchaca
Build, baby, build — but not in a pandemic. Brooklyn City Council member Carlos Menchaca is calling for a moratorium on construction work citywide, in what would be one of the most significant industry-related disruptions since…
Real estate stocks take big hit as markets suffer worst day since 1987
As the stock market saw its worst plunge since the coronavirus outbreak, real estate stocks fared no better. Stocks continued their downward fall Monday, nearly a day after the Federal Reserve unleashed another rate cut and…
Bar-maggedon: NYC restaurants, landlords grapple with shutdown
With a day’s notice, tens of thousands of bars and restaurants in New York City must close their doors to patrons indefinitely — leaving businesses, employees and landlords with little guidance on how to cope. Mayor…
A New Walkable Pocket Community In Rhode Island
Inspired by the pocket communities designed by Ross Chapin, Jerry Zarrella, decided to build one in walking distance from the village of East Greenwich and the Greenwich Bay waterfront. …
CMBS at a standstill as panic grips financial markets
The marketplace where lenders sell mortgages on office buildings, rental properties and other types of commercial real estate as securities has ground to a halt as traders try to figure out how to price in risk…
Boston shuts down construction sites amid coronavirus fears
Boston has shut down all of its construction projects in the city, raising questions about whether other cities such as New York could follow its lead. Boston Mayor Martin Walsh ordered all of the city’s construction…
Elliman shutters on-site sales offices nationwide, citing coronavirus concerns
Douglas Elliman’s new-development marketing division has closed all its on-site sales offices and galleries nationwide for the next two weeks, citing mounting health concerns over the coronavirus. The decision came Friday in an email sent by…
With curfews and public assembly restrictions, what will happen to malls?
As cities around the country curtail large public gatherings, institute curfews and shut down schools to prevent the spread of the coronavirus, questions hang over the fate of malls — which have already been on a…
Luxury contract signings steady as coronavirus intensifies in NYC
There were 21 luxury contracts signed in Manhattan last week, a rare bright spot for the real estate industry as brokerages shut their doors and canceled showings to stem the coronavirus pandemic. The relatively strong showing…
