Hotel occupancy inches up in major US cities
It may not be saying much, but hotel fundamentals are up in some major U.S. cities. Overall, hotel occupancy in the U.S. has been improving since early April and last week hit 30.1 percent, up from…
Construction, real estate groups hash out reopening agreement
Construction and real estate groups are hammering out an agreement on how to reopen certain private construction sites once the state lifts its stay-at-home order in New York City. The Building Construction Trades Council of Greater…
CoStar buying Ten-X for $190M
Commercial real estate data giant CoStar Group is nearing a deal to purchase Ten-X for $190 million, a move that would increase the publicly-traded CoStar’s presence in the distressed real-estate space. According to the Wall Street…
The Intrepid, Quad Cinema and real estate: Bruce Mosler and Charles Cohen discuss Covid-19’s impact on their businesses and their passions
With all the talk of whether the coronavirus now makes New York less attractive compared to other cities, billionaire landlord Charles Cohen said operating in the Big Apple has always been a challenge. “It’s easier to…
In Bel-Air, Ed McMahon’s former Tudor asks $10.5 million
A week after Ed McMahon’s longtime Beverly Hills home surfaced for sale, the late TV personality’s Bel-Air haunt has been relisted for $10.5 million. …
Office landlords: Don’t eat before watching this
“Greed” was good on Gordon Gekko’s Wall Street. “Boring” was good in the office market in alpha cities such as New York and London – A fully-occupied Class-A office building was about as stable an asset…
Ackman-Ziff’s Jason Meister moves to new firm
Ackman-Ziff’s Jason Meister has decamped for a firm that is “bringing dead deals to life.” The investment sales broker has joined Hotaling Insurance Services as a managing director. Meister will help build out Hotaling’s “real estate…
Fannie, Freddie Announce Mortgage Deferral Program For Homeowners Impacted By COVID-19
Fannie Mae and Freddie Mac have announced additional relief options for homeowners struggling due to the COVID-19 pandemic. …
New measure protects restaurants, retailers who violate leases
The New York City Council on Wednesday approved a measure that would protect restaurants and retailers from certain legal action if they violate their leases. The measure, introduced by Manhattan Democrat Carlina Rivera, bars the enforcement…
Rise In Remote Work Could Spark A New Suburban Boom
The post-pandemic recovery could drive a housing boom in more affordable cities and surrounding suburbs, prompted by a seismic shift toward remote work….
Former Gamma Real Estate exec says company cheated him out of millions
N. Richard and Jonathan Kalikow’s Gamma Real Estate — known for its lending platform and a controversial tower rising on Sutton Place — has been accused of bilking its former chief investment officer out of millions….
Music exec Ron Fair looks to record a mansion sale in Tennessee
In Tennessee, music industry veteran Ron Fair is asking around $4 million for his brick mansion with a movie theater and music room. …
Signed contracts to sell Manhattan homes hit seven-week low
Manhattan home buyers and sellers are living in different worlds. The number of contracts signed in the borough last week hit a new low for the pandemic while new listings ticked up for the second consecutive…
Hear from top lobbyists on today’s TRD Talk
At 2p.m. Pacific/5 p.m. Eastern today, leading lobbyists Suri Kasirer, Jonathan Bing and Michele de Milly will talk with TRD’s Erik Engquist about real estate and the political environment during the pandemic and beyond. Each of…
Uncharted Waters: Some Ideas On How New York Real Estate Comes Back To Life
While there are almost no other data points which lead to a real conclusion since so few new deals have been signed, it is still possible at this juncture to offer a few hypotheses about velocity,…
Housing Market Restarts! Essential Guidance For Buyers And Renters
The government has today announced their plans for restarting the housing market effective immediately, amending coronavirus regulations and issuing new guidance confirming that private residential buyers and renters in England are now able to take part…
What Is The Government’s New Guidance For Buyers And Renters?
The government has today announced their plans for restarting the housing market effective immediately, amending coronavirus regulations and issuing new guidance confirming that private residential buyers and renters in England are now able to take part…
The Omnibus Coronavirus Relief Bill Includes At Least $175 Billion For Renters And Homeowners
Some $100 billion would help low- and medium-income renters, while $75 billion would flow to homeowners for mortgage payment assistance. …
Why Renters And Landlords Are Getting Crushed: The Rental Housing Crisis Has Arrived
Welcome to the newest symptom of the coronavirus: the 2020 Rental Housing Crisis….
Real Estate Outlook: The Rental Housing Crisis Has Arrived
Welcome to the newest symptom of the coronavirus: the 2020 Rental Housing Crisis….
