Roughly one-third of Knotel’s members are looking for a break on rent, the flex office space company disclosed Tuesday. As Knotel grapples with its own financial woes, the figure sheds light on the dilemma facing co-working…
Reality TV star Scott Disick is still trying to flip his Hidden Hills farmhouse, relisting the two-story home for $6.25 million. …
Professional basketball coach Rick Pitino sold his Indian Creek waterfront mansion for $17 million. Pitino, head coach for Iona College and for Greece’s senior national team, sold the eight-bedroom, 9,700-square-foot estate at 38 Indian Creek Island…
Investment sales in Manhattan and Brooklyn Manhattan investment sales hit a 12-month low in February with just $942 million in deals recorded, down 21 percent from January and 54 percent below the 12-month average. The borough’s…
In Hollywood Hills, “Interstellar” and “Dunkirk” cinematographer Hoyte van Hoytema has shelled out $2.16 million for a ranch-style home. …
The largest share of the world’s real estate billionaires are from China, according to The Real Deal’s analysis of Forbes’ 2020 “World’s Billionaires List.” Chinese billionaires comprise almost 42 percent of all real estate billionaires, followed…
Live Nation Entertainment is live music’s dominant force and among the biggest occupiers of space in the events business. But the company is now looking to make big spending cuts, including renegotiating on $2.3 billion in…
While mom-and-pop retailers may be feeling the economic pain of coronavirus the hardest, some bigger companies have decided to forgo rent payments as well. But landlords aren’t buying it. Owners of malls and shopping centers have…
Attorneys representing landlords are hoping judges will let pending eviction cases go forward, after a court memo released late last week opened the door for virtual proceedings. On the heels of Chief Judge Janet DiFiore’s announcement…
As unemployment soars and the economy slows, millions of U.S. households are no longer making their monthly mortgage payments. Data from the Mortgage Bankers Association shows that about 3.74 percent of home loans were in forbearance…
In its ongoing quest to free up space in medical facilities while the coronavirus continues to spread, the city has tapped a lodging logistics firm to help provide hotel rooms for patients who are not sick…
One of the most anticipated new development projects in recent New York history launched smack in the middle of a global pandemic. The Waldorf Astoria hoped to cash in on its pedigree and attract well-heeled buyers…
New York developer Michael Stern allegedly welched on paying $10 million to another investor for securing rights to build a mixed-use tower in Miami’s Brickell neighborhood, according to a recently filed lawsuit. Southside Place LLC is…
The industry can withstand a downturn of a month or two, experts say, but a longer delay could hamper financing for projects in development….
A “renter relief” agenda unveiled Monday by Mayor Bill de Blasio is good news and bad for the real estate industry. The plan offers no help for landlords to complement the benefits it would extend to…
The coronavirus pandemic dealt a serious blow to a wide swath of the retail industry, shutting down stores deemed non-essential and driving down consumer demand for discretionary products. But some other retailers are doing better than…
The retail apocalypse delivered a one-two punch to Vornado Realty Trust last year when a pair of its largest retail tenants filed for bankruptcy. The first came in May 2019, when British apparel company Topshop announced…
It’s during times of market instability that we have the greatest opportunity to change our institutions and lay the groundwork for a more equitable society. …
Now, more than ever before, we realize how interconnected we are, and how, in many ways, we need to challenge preconceived notions about what is — and is not — good for society. …
Getting leads is one thing, but getting a response from those leads? That’s a whole different ball game — and it’s where most agents struggle. …
