From a collapse in retail sales and manufacturing activity to millions of unemployment claims, the latest data shows the outbreak’s severe impact on the U.S. economy. …
From a collapse in retail sales and manufacturing activity to millions of unemployment claims, the latest data shows the outbreak’s severe impact on the U.S. economy. …
The coronavirus crisis has ratcheted up the heat on Kushner Companies as it tries to cover the debt payments on a Brooklyn office complex, where one of its biggest tenants is WeWork. Before the pandemic struck,…
The coronavirus pandemic is causing the future of real estate to arrive ahead of schedule, according to Sam Chandan, dean of NYU’s Schack Institute of Real Estate. Greater space between office workers. More working from home….
With the hobbled city facing a $7.4 billion hit to tax revenue, Mayor Bill de Blasio announced $2.7 billion in cuts — as well as a bump in revenue from building violations. The mayor’s executive budget…
Responding to COVID-19 by putting off mortgage payments may not be so helpful. Know what the consequences are. …
New York City’s hotel industry is struggling, and one hotel owner has now secured federal assistance to help keep the lights on. Rotem Rosen’s MRR Development secured a $1.7 million Paycheck Protection Program loan for the…
Gov. Andrew Cuomo on Thursday extended his statewide ban on going to non-essential workplaces through May 15. It is the second extension of the governor’s order, which mandates non-essential businesses halt in-office operations. “New York Pause…
Seasonally adjusted housing starts plummeted 22.3% in March compared to February, but remained 1.4% higher year-over-year. …
In a bid to restart the economy, President Trump this week tapped prominent business leaders from across industries to help advise him, including some of the highest-profile real estate executives in the country. The roster of…
Office leasing in Manhattan • Midtown office leasing slowed in February with 1,260,000 square feet in leases inked, down 36 percent from the month before but up 27 percent year-over-year. The availability rate dipped to 11.7…
In March, Dublin, Ohio connected a new multi-use district to the historic center of the city with a new pedestrian bridge called the Dublin Link . …
Getting an appraisal after a loan is approved is largely unheard of. But COVID-19 has turned everything upside down. …
Getting an appraisal after a loan is approved is largely unheard of. But COVID-19 has turned everything upside down. …
Stuck-up co-op boards are hell-bent on surviving the global health crisis, by whatever means necessary. From New York to Palm Beach, Florida, co-op boards are instituting new rules aimed to keep their buildings free of the…
Downsizing to live large in the big city has been the dream of many empty-nesters and retirees. That was ‘BC,’ before COVID-19. This is how a post-COVID-19 world might reshape housing preferences for retirement living in…
On Jan. 22 at 10:38 a.m., New York City’s 311 hotline received its first inquiry about the new coronavirus. There was no dedicated category for Covid-19 yet, so the call was lumped in with “Novel Coronavirus…
The most viewed listings on The New York Times’s ‘Find a Home’ site in March are an unusual collection of residential and business spaces…
Airbnb raised $1 billion in debt, on the heels of another massive haul last week. The short-term rental company is issuing first-lien debt, which is collateralized by the company’s assets should it default, according to Bloomberg….
This week’s properties are in Murray Hill, St. George, and Crown Heights….
