Borrowers across the country have started worrying about their ability to make mortgage payments while the coronavirus squeezes their finances, but one Times Square condo property is already in deep trouble. A $35 million CMBS loan…
New York Sports Club could soon be benched for good. The gym chain’s owner, Town Sports International Holdings, is considering a potential Chapter 11 bankruptcy filing, according to Bloomberg. The chain has been in talks with…
Live at 5 p.m. tonight, The Real Deal‘s founder and publisher Amir Korangy will sit down with noted economist and dean of NYU’s Schack School of Real Estate Dr. Sam Chandan, PhD. Back in February at TRD’s…
Actor Kevin Sorbo, famous for playing Hercules, is asking $3.95 million for his Mediterranean villa in Westlake Village. …
According to a survey by personal finance site Creditful.com, about 28% of Americans will put their stimulus payments toward covering their rent or mortgage. …
Three-quarters of U.S. renters could cover their monthly housing expenses with a $1,200 stimulus check, while about one half of homeowners could. …
Hopes have been dashed for landlords and lawyers who sought to advance pending eviction cases. In a letter reviewed by The Real Deal, New York City Housing Court Supervising Judge Jean Schneider on Tuesday ended the…
Whether you are working, looking for work or simply absorbing a new reality, you should be comfortable. Here’s how to do it with stuff you may already have….
A Bel-Air estate designed by architect Paul R. Williams and once owned by former L.A. Rams owner Georgia Frontiere has sold for $43.3 million. …
The city has clarified what affordable housing construction is permitted under the state’s order halting non-essential work. The Department of Buildings on Wednesday revised its guidelines to align with the state’s position on construction, clarifying that…
Landlords may be breathing a sigh of relief. April rent payments across the country are down 7 percent compared with the previous month, according to the latest figures from the National Multifamily Housing Committee’s rental tracker….
WeWork says there’s still more fat to trim and, while holding another round of layoffs over employees, advised them to cut it themselves. In a staff meeting Tuesday, the co-working firm’s CEO Sandeep Mathrani announced more…
March was the worst month for U.S. retailers on record. Sales dropped a stunning 8.7 percent from February as the coronavirus pandemic caused governments to close non-essential businesses, unemployment to skyrocket and millions to hunker down…
Home loan applications trended upward last week, buoyed by homeowners looking to refinance. The Mortgage Bankers Association’s weekly index measuring home loan application volume saw a 7.3 percent increase last week, for the period ending April…
It is possible to move in the midst of coronavirus. …
Before the pandemic froze its housing market, the Southeast Asian nation was luring foreign investment with price incentives….
Thousands of people who poured billions of dollars into non-traded real estate investment trusts are now discovering that taking money out is a little more complicated. Many fund managers are limiting how much cash investors can…
A vintage clapboard house in Miami, a midcentury-modernist ranch in Highland Park and a 1959 beach house in Marin County….
During mortgage forbearance, lenders cover customers’ property tax bills even if the latter cease contributing to their tax escrow accounts. …
Legislators fast-tracked the federal stimulus package to provide “fast and direct relief,” but allowed banks to garnish the checks from individuals in debt. The checks, which can be as much as $1,200 for a single person…
