Exit Rights For Small Business Leases And Guaranties – Proceed With Care
Some leases and lease guaranties have an escape hatch, but it’s not necessarily easy to use….
Canadian Benisti Family Puts Second London Mansion On The Market For $21 Million
The Georgian mansion, which was the home of Coutts banking heiress Harriet Beauclerk in the 19th century, is part of a portfolio of London homes that the family owns…
Title insurance startup Spruce raises $29M in Series B
As the coronavirus pandemic has highlighted the inefficiencies of traditional pen-and-paper closings, another startup has secured funding in its quest to digitize and streamline title and escrow procedures. Digital title startup Spruce has raised $29 million…
Activist investor Jonathan Litt is shorting big NYC office landlords
Activist investor Jonathan Litt, who in recent years has pushed to turn around struggling retailers, now has a new sector in his sights. Litt’s hedge fund, Land & Buildings Investment Management, is taking short positions in…
Distressed Real Estate Market Beckons Opportunistic Buyers
Investment firms are sitting on “a staggering amount of dry powder” as they wait for big property discounts brought on by the pandemic….
How to Raise a Happy, Carefree Butterfly
Online sales of caterpillar kits are booming, and the chance to watch an insect turn into a butterfly has caught the imaginations of every age group in the age of social distancing….
Hamilton Heights development site led mid-market NYC deals last week
There were four mid-market investment sales in New York City last week: a Hamilton Heights development site, a pair of Upper West Side multifamily buildings and a Bedford-Stuyvesant commercial building. Here are the details: The Jay…
“A recipe for disaster”: Fighting property taxes in a pandemic
It’s cumbersome. Antiquated. Arcane. And definitely not Covid-ready. The system for challenging property assessments in New York City was already behind the times when the pandemic struck. It has for decades relied on in-person hearings and…
Weekly Rent Payments Are Better For Everyone
Nearly every landlord in the world expects their tenants to pay their bill, and budget around, the first day of each month. Why?…
Three Predictions For The Post-Pandemic Office
While we are all eager to return to our offices and reunite with our friends and colleagues, there is little doubt that the office we return to will not be the office we left in March….
Landlord attorneys find ways to “eject” tenants without Housing Court
Housing Court remains closed and an eviction moratorium runs through Aug. 20, but attorneys say they have other ways to get rid of tenants. Starting this week, the broader court system is accepting new non-essential cases…
Let’s Talk Scalability: Is It Always Right To Add More Doors?
The old rules of scalability still apply….
A Spalike Bathroom Where You Can Hide From It All
With many spas temporarily shut down, you still need a place to relax and recharge. Here’s how to get it….
$1.25 Million Homes in California
A one-bedroom condominium in San Francisco, a renovated midcentury house in Redondo Beach and a 1940 farmhouse in Sebastopol….
Leon Russell’s former home and studio lists in Hollywood Hills
The onetime home and recording studio of late musician Leon Russell is for sale in the Hollywood Hills for $1.398 million. …
A PANDEMIC STAMPEDE TO THE HAMPTONS LEADS TO A DESPERATE SEARCH FOR SUMMER RENTALS
COVID anxiety is even reaching beyond summer as families ponder a permanent residence in the Hamptons. …
The 7 Things You Need for an Ergonomic Workstation
If you’re working from home indefinitely, it may be time to upgrade that home office….
All Alone in a Three-Bedroom Apartment
When her roommates moved out during the coronavirus lockdown, a Brooklynite negotiated with her landlord and is making the best of the situation….
In A Quickly Changing Market, Are Pending Sales A Lagging Indicator?
When I read through available housing stats these days to get a general sense of where the trend is moving, I am surprised by how tough that task has become….
Sabotage, secret cameras and intrigue: Inside the Barclay family’s feud over the London Ritz
A high-stakes drama worthy of a soap opera — complete with hidden cameras and big inheritances — is playing out with the Ritz Hotel in London as a backdrop. Twin billionaires Frederick and David Barclay bought…
