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New laws put SALT in the wound
News 1 week ago
New laws put SALT in the wound

For most New Yorkers, a heavy tax burden for property and personal income is something we've grown accustomed to and are willing to accept as a...

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City guides Sunnyside Yard review in increasingly progressive Queens
News 1 week ago
City guides Sunnyside Yard review in increasingly progressive Queens

A few miles east of where a progressive wave in Queens has swamped a proposed housing and retail development, city officials are gathering final...

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De Niro makes move in city's growing film production industry
News 1 week ago
De Niro makes move in city's growing film production industry

Steiner Studios opened along the Brooklyn waterfront in 2004 as the largest film studio outside Hollywood. Television and movie productions had...

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Brokers go for broke in hearing over fees
News 3 weeks ago
Brokers go for broke in hearing over fees

These agents are on a mission-one that may prove impossible. The City Council held a packed hearing on a series of bills related to new leases on...

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5 WTC to max out at 900 feet
News 3 weeks ago
5 WTC to max out at 900 feet

The last major parcel at the World Trade Center has hit the market. Gov. Andrew Cuomo announced Wednesday that the state is seeking proposals from...

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Rent Guidelines Board approves rent hikes on stabilized apartments
News 3 weeks ago
Rent Guidelines Board approves rent hikes on stabilized apartments

The Rent Guidelines Board has voted to hike rents for more than one million tenants in rent-stabilized apartments in New York City. The Board's 5-4...

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Facebook in talks for major Hudson Yards office
News 3 weeks ago
Facebook in talks for major Hudson Yards office

Facebook is negotiating to take 1 million square feet or more in Hudson Yards in a deal that would firmly establish the city's fast-growing...

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Cookies are out as Google turns Chelsea Market area into tech hub
News 3 weeks ago
Cookies are out as Google turns Chelsea Market area into tech hub

With its purchase of the Milk Building at 450 W. 15th St. in May, Google now owns or leases nearly all the commercial property between West 15th...

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The curious case of 200 Amsterdam Ave
News 4 weeks ago
The curious case of 200 Amsterdam Ave

New Yorkers disagree on almost everything, but most of us would agree that affordability is one of the critical issues of our time. Housing is...

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SoHo landlord still betting big on retail
News 4 weeks ago
SoHo landlord still betting big on retail

Real estate investor Jack Terzi is out to prove that buying up brick and mortar retail space is a smart investment. Terzi, who runs his own real...

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Landlords must spend $20 billion for carbon cuts
News 1 month ago
Landlords must spend $20 billion for carbon cuts

Two months ago the City Council mandated some of the most ambitious carbon-cutting goals in the country when it passed a package of laws that will...

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Blind allegiance to tenant lobby brings lawmakers to new low
News 1 month ago
Blind allegiance to tenant lobby brings lawmakers to new low

Albany was famously called a sausage factory decades ago, but that is too kind a term. It is accurate in that state lawmakers, like meat processors...

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5 women surging up the ranks in New York City
News 1 month ago
5 women surging up the ranks in New York City

Having stepped into office just six weeks ago, Vicki Been, 62, oversees the creation and implementation of Mayor Bill de Blasio's top policy...

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Index shows when renters can get a jump on the ultra-competitive summer apartment market
News 1 month ago
Index shows when renters can get a jump on the ultra-competitive summer apartment market

The city's already ultra-competitive apartment rental market heats up most in the summer months, but there is one way to get a jump on rival...

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More bad news in Democrats' rent reforms
News 1 month ago
More bad news in Democrats' rent reforms

Earlier this week, I wrote that the Democrats' changes to rent regulation were unlikely to discourage construction of new market-rate housing....

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New co-working space debuts ‘future of retailing' in NoHo
News 1 month ago
New co-working space debuts ‘future of retailing' in NoHo

Coworking can now be part of shopping. Showfields, a four-story pop-up emporium that pitches itself as the future of retailing, has opened a free...

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NY rent rule revamp sends shock waves
News 1 month ago
NY rent rule revamp sends shock waves

Regulations that govern how more than half of New York renters interact with their landlords-often to the satisfaction of neither-are about to get...

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Locals suspect church plan is back door to larger office tower
News 1 month ago
Locals suspect church plan is back door to larger office tower

The applicant says it is a minor variance for a small change at a landmarked church. The community board fears it's a back door to a block-busting...

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REBNY prepares testimony against cap on apartment broker fees
News 1 month ago
REBNY prepares testimony against cap on apartment broker fees

Broker fees don't need fixing-that's what the city's leading real estate advocacy group will tell the City Council next week. At a hearing...

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City rents reach three-year high
News 1 month ago
City rents reach three-year high

In case anyone needed a reminder, it is expensive to live in New York. The median rent for a one-bedroom in the five boroughs reached $2,980 in May...

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Blackstone bets $18.7 billion on Amazon effect in warehouse deal
News 1 month ago
Blackstone bets $18.7 billion on Amazon effect in warehouse deal

The mall is now a warehouse, and Blackstone Group LP is betting $18.7 billion on the shift. That's how much the alternative investment manager is...

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Map: Where recent college grads can afford to rent in NYC
News 1 month ago
Map: Where recent college grads can afford to rent in NYC

There are more city apartment options within reach for recent college graduates than one might guess-but you'll likely need a roommate. That's the...

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Google acquires another Chelsea office building
News 2 months ago
Google acquires another Chelsea office building

You can call Chelsea "Googleopolis." The tech giant already owns or rents nearly all the property between West 15th and West 16th streets from...

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Brooklyn author sets up shop in Cobble Hill
News 2 months ago
Brooklyn author sets up shop in Cobble Hill

BORN: Norwalk, Conn. BEYOND BOOKS: Sales of pens, T-shirts and other merchandise accounted for 5% of sales last year, but "we are never going to be...

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Brokers say cap on rental fees will hurt more than help
News 2 months ago
Brokers say cap on rental fees will hurt more than help

They're usually independent contractors, working long hours with no benefits and no guarantee of pay. Their earnings are often modest, averaging ...

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In-home concierge service Hello Alfred triples its reach
News 2 months ago
In-home concierge service Hello Alfred triples its reach

Five-year old startup Hello Alfred, named for Batman's butler, has struck a deal with the nation's largest apartment operator that will add nearly...

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Children's Aid expands Harlem footprint
News 2 months ago
Children's Aid expands Harlem footprint

The nonprofit social services organization Children's Aid has signed a deal to expand across the street from its soon-to-be headquarters in Harlem....

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Will the Rent Guidelines Board face up to reality?
News 2 months ago
Will the Rent Guidelines Board face up to reality?

Congress focuses on big issues, but in New York politics is about the here and now, and nothing is more real than rent. More than two-thirds of New...

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Manhattan Amazon Go will be first to accept cash
News 2 months ago
Manhattan Amazon Go will be first to accept cash

Amazon launched its high-tech Go convenience store a year ago, where shoppers can pull items off the shelf and walk out. Now it's adding a...

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Despite L-pocalypse aversion, rents still declining in northern Brooklyn
News 2 months ago
Despite L-pocalypse aversion, rents still declining in northern Brooklyn

Three months after Gov. Andrew Cuomo announced L train service between Brooklyn and Manhattan would not shut down for 19 months as planned, North...

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