Office Towers Are Still Going Up, but Who Will Fill Them?
Developers around the country are grappling with the fallout from the coronavirus pandemic as tenants cancel plans and workers fear returning to the office….
New Yorkers’ exodus could unravel rent regulation
Rent stabilization has been a dominant force in the city’s real estate for generations, and was cemented in place by the state legislature a year ago. But if the exodus of New Yorkers continues, it could…
Vacasca gets $108M lifeline from Airbnb’s rescuer
Vacasa, a wounded vacation rental unicorn, secured $108 million from a tech investor that helped bail out Airbnb in April. Private equity firm Silver Lake led Vacasa’s Series D, with participation from existing investors Riverwood Capital…
Trepp, CompStak form data-share partnership as their biggest competitor expands its reach
Trepp and CompStak – two of the biggest names in commercial real estate data – are teaming up as the property-information sector turns its sights toward fallout from the economic slowdown. The two companies formed a…
How The Pandemic Is Changing Residential Buyers’ Preferences
Making sure you are advising clients well is more important than ever….
Five Ways Real Estate Investing Drives Personal Wealth
Real estate investing is one of the best possible ways to drive personal wealth….
“Not just lip service:” Real estate promises change following George Floyd’s death
As anger and frustration over racism and police brutality grip the nation, real estate executives and business leaders are promising change — and pleading for peaceful protest. George Floyd, a black man in Minneapolis, died May…
Relaxing the Rules of Social Distancing
When it’s time to invite people over, would-be hosts face tough conversations with friends and family on their standards for avoiding coronavirus infection….
Ready to Sell? Here’s How to Refresh Your Home During Lockdown
There are a number of improvements you can make — both large and small — while waiting to put your home on the market….
Hungry for a deal: Beverly Hills home gets 18 offers within 24-hour period
In the Flats section of Beverly Hills, an off-market property produced 18 offers in 24 hours. …
TRD INSIGHTS: 8.5% of home loans are in forbearance
Forbearance requests appear to be leveling off, according to weekly figures released by the Mortgage Bankers Association. Mortgages in forbearance made up 8.5 percent of servicers’ portfolios for the week, up from 8.4 percent for the…
WeWork’s head of US real estate is out
One of the last executives to remain from Adam Neumann’s reign of WeWork is exiting the struggling co-working company. After more than a decade at JLL, Aaron Ellison joined WeWork in July 2018 as head of…
Vornado walks away from Fifth Avenue property
After the bankrupt retailer Topshop shuttered its Fifth Avenue flagship last year, Vornado Realty Trust has walked away from the property. The real estate investment trust turned over control of the property at 608 Fifth Avenue…
How a City Once Consumed by Civil Unrest Has Kept Protests Peaceful
Newark, New Jersey’s largest city, made no arrests and reported only minimal property damage during a weekend march….
“5 years ago, people would say, what’s a TikTok?” Bill Rudin on why NYC’s office market may be more resilient than you think
Bill Rudin is betting on the office as a magnet for human connection. “We live in a real world where human interaction is critical,” Rudin, the head of Rudin Management and the chair of the Real…
Manhattan luxury market shows tentative signs of activity
In the grip of a long dry spell, the luxury market in Manhattan has seen an ever so slight flurry of activity. Five contracts for properties above $4 million were signed last week — two more…
Glassell Park property tied to Slash of Guns N’ Roses lists for $750,000
A Glassell Park home owned in a trust tied to rocker Slash of Guns N’ Roses fame has listed for sale at $750,000. …
Longtime Cowboy Cole Beasley opts to shed Texas home
NFL wide receiver Cole Beasley is asking $1.2 million for his remodeled home in Texas, where he spent seven seasons with the Dallas Cowboys. …
“America is in crisis:” Real estate leaders address George Floyd protests
On May 25, George Floyd, a black man in Minneapolis, died after being pinned down by three police officers — one of whom kept his knee on Floyd’s neck for eight minutes and 46 seconds. Footage…
The End Of The Extra $600 Weekly Unemployment Benefits Threatens Rent Payments
As rent comes due in June and as Congress mulls additional aid to inject into the coronavirus-battered U. S. economy, politicians and apartment industry experts are increasingly fixating on the $600 a week in supplemental unemployment…
