Actress Mamie Gummer sells Hollywood Hills treehouse to Jennifer Nicholson
Actress Mamie Gummer just sold her rustic Hollywood Hills treehouse to Jennifer Nicholson for $1.65 million, or $155,000 more than she was asking. …
WeWork Tenants Bristle At Demands For Rent During Coronavirus Lockdown
Tenants have begun telling the shared office giant they can’t pay rent, but the company says they must as long as its doors remain open and it still has to make its own lease payments. …
WeWork Tenants Bristle At Demands For Rent Despite Coronavirus Lockdown
Tenants have begun telling the shared office giant they can’t pay rent, while the company says they must as long as its doors remain open and it still has to make its own lease payments. …
New York halts most construction
After facing pressure from city officials and workers, the state is shutting down all construction except work on infrastructure, healthcare facilities and affordable housing. The Empire State Development Corp. updated its guidelines Friday, saying only work…
The Plaza shuts down and lays off 251
Prestige, glamour and Central Park views proved no match for the microscopic coronavirus as the Plaza Hotel stopped taking guests Friday and announced 251 layoffs. “We fully support our local authorities as they work to halt…
As Mortgages Tighten, Home Showings Suspended In The United Kingdom To Prevent Market Free Fall
Major shifts expected in Britain’s housing market …
40% Down Payments Now Required By Two Large UK Lenders; Home Showings Suspended To Prevent Market Free Fall
Major shifts expected in Britain’s housing market …
Mark your calendars: These are the top real estate webinars next week
Gatherings are out, but virtual gatherings are in. Here are some real estate webinars coming up next week. Host: Mortgage Bankers Association Date: April 1 Time: 2 p.m. to 3 p.m. EST The Mortgage Bankers Association…
Landlord groups: Postpone vote on rent increase
The three main trade associations for New York City’s landlords are jointly asking the city to put off a vote on rent increases for rent-stabilized housing. In a letter, the Rent Stabilization Association, Community Housing Improvement…
WeWork to miss 2020 targets because of coronavirus
WeWork says it won’t be hitting its targets this year because of the coronavirus. In a letter to bondholders, CEO Sandeep Mathrani and Executive Chairman Marcelo Claure wrote they no longer expect to meet their 2020…
A Brooklyn Dodgers Fan Who Never Gave Up on Ebbets Field
Pursuing his dream of rebuilding the beloved ballpark, a die-hard follower found the stadium blueprints buried in a municipal subbasement….
Raising Money And Securing Development Opportunities In O-Zones
When the opportunity zone program began in 2017, some predicted more than $100 billion in private investment would be injected into low-income communities nationwide. After a slow start, some of the program’s promise is being realized….
Redfin execs tighten belt and give agents a boost
Agents at real estate brokerage Redfin are getting a reprieve and the CEO is forsaking compensation in light of the coronavirus pandemic. Glenn Kelman, the CEO of Redfin, said he will give up pay for the…
Their design prescription: Laid-back luxury, homeyness and warmth
This trio turned commercial, residential and fashion design experience into the Transition State firm. Next up: a line of throw pillows. …
Second Take: Related’s Israeli troubles and how co-ops are dealing with quarantine breakers
The reporters behind The Real Deal‘s coverage of the lawsuits quarantine breakers could face at co-ops and the Related Companies’ dicey time in Tel Aviv, joined Associate Publisher Hiten Samtani via video conference for an in-depth…
Big Box, Big Opportunity
Change is never easy, but if done right, it can pay off greatly. …
Ample Hills Creamery to lay off all 101 of its workers
Ample Hills Creamery is laying off all 101 of its employees, according to a notice filed with the New York State Department of Labor. The notice, dated March 14, says the layoffs will take effect June…
The 2020 Real Estate Market Correction
In times of uncertainty, significant opportunities arise. …
Living Near Train Tracks
Thanks to new window technology, there’s no such thing as the wrong side of the tracks….
Options For Leveraging Your Home’s Equity: HELOCs And COVID-19
A HELOC, or home equity line of credit, may be a potential funding source for many Americans who face the COVID-19 crisis. …
