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Macy’s to hock key assets to borrow up to $4.1 billion
News 6 days ago
Macy’s to hock key assets to borrow up to $4.1 billion

Macy's Inc. is putting some of its top stores as well as its inventory in hock to borrow as much as $4.1 billion, the latest retailer to seek...

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Covid-19 will upend real estate as focus shifts to safety and economic potential
News 2 weeks ago
Covid-19 will upend real estate as focus shifts to safety and economic potential

As the pandemic continues to significantly alter the way the world lives, moves and works, millions in the city and around the world are relying...

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Real estate and construction sectors get creative to get back to work
News 3 weeks ago
Real estate and construction sectors get creative to get back to work

The construction and real estate sectors are looking at virus-resistant building material, facial-recognition software and other creative ways to...

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WEBCAST May 8, 2020: How COVID-19 will change NYC real estate
News 3 weeks ago
WEBCAST May 8, 2020: How COVID-19 will change NYC real estate

As more businesses have become comfortable with employees working from home, this webcast features NYC real estate professionals talking about what...

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Rental-Car Industry Gets Crushed by Coronavirus
News 4 weeks ago
Rental-Car Industry Gets Crushed by Coronavirus

The big U. S. rental-car companies are scrambling amid the fallout of the coronavirus pandemic with business getting pummeled from two ends: fewer...

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Work From Home Is Here to Stay
News 4 weeks ago
Work From Home Is Here to Stay

"Are you still working, doo-doo?" "Working from home is not very productive right now," Bloom told me. But often, working from home can be very...

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South Bronx piano warehouse hits the market
News 4 weeks ago
South Bronx piano warehouse hits the market

A 140-year-old piano factory in the South Bronx has hit the market for $11.5 million. The roughly 40,000-square-foot Mott Haven warehouse along the...

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City's major landlords working on plan to help tenants pay rent
News 1 month ago
City's major landlords working on plan to help tenants pay rent

Major city landlords are working with real estate and affordable housing groups on a plan to help tenants pay their rent, chairman of Douglaston...

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Real estate in ‘chaos’ as laws waived on rent and debt, CEO says
News 1 month ago
Real estate in ‘chaos’ as laws waived on rent and debt, CEO says

Tom Barrack said Friday that the U. S. property market is in chaos and still on the verge of collapse because the federal government and local...

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Welcome to crazy town: AKA grocery delivery
News 1 month ago
Welcome to crazy town: AKA grocery delivery

Grocery delivery has gone mad. People are setting alarms for the wee hours based on rumors that slots are released after midnight. They are jumping...

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Hospitals open grocery stores for providers treating COVID-19 patients
News 1 month ago
Hospitals open grocery stores for providers treating COVID-19 patients

As the COVID-19 pandemic hit Phoenix in late March, doctors, nurses and other caregivers working long hours ran into a new problem: the difficulty...

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Roughly one-third of U.S. apartment renters didn't make April payments
News 1 month ago
Roughly one-third of U.S. apartment renters didn't make April payments

Amid the coronavirus pandemic, nearly one-third of apartment renters in the U. S. didn't make their April payments, according to numbers from the...

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'Why would we risk it?' Brokers balk at state order allowing in-person showings
News 2 months ago
'Why would we risk it?' Brokers balk at state order allowing in-person showings

Landlords can no longer collect an application fee of $20 or more for an apartment. Agents working for the landlords, such as brokers, also are...

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WeWork sues to recoup $20M from city real estate bigwig
News 2 months ago
WeWork sues to recoup $20M from city real estate bigwig

WeWork launched a lawsuit in Manhattan Supreme Court on Monday to recoup $20 million it says a colorful New York real estate executive's firm...

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Broker explains fee backlash
News 3 months ago
Broker explains fee backlash

Sarah Saltzberg is helping lead the charge for real estate brokers against a state policy she says will upend the rental industry. The brokerage...

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Secrets to century-old businesses
News 3 months ago
Secrets to century-old businesses

These businesses are staying alive. The city Department of Small Business Services honored 10 century-old businesses from across the five boroughs...

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Property Manager Sued Over Lead-Paint Compliance by New York State
News 3 months ago
Property Manager Sued Over Lead-Paint Compliance by New York State

A property manager overseeing more than 6,000 apartment units in 134 buildings in New York City has been noncompliant with lead-paint regulations,...

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Two Bridges decision is latest court loss for real estate industry
News 3 months ago
Two Bridges decision is latest court loss for real estate industry

Losses in the courts are stacking up for the real estate industry. First, the Inwood rezoning was put on hold. Then a judge ordered that up to 20...

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Contested Upper West Side tower could lose 20 floors
News 3 months ago
Contested Upper West Side tower could lose 20 floors

Developers of a controversial 668-foot-tall condo tower on the Upper West Side may need to remove as many as 20 floors from the building, despite...

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Academics study whether luxury apartment raise rents in poor neighborhoods
News 3 months ago
Academics study whether luxury apartment raise rents in poor neighborhoods

New apartment buildings often look to activists like precisely the problem. Let developers build more housing, particularly in poorer neighborhoods...

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Judge puts rental fee ban on ice
News 3 months ago
Judge puts rental fee ban on ice

A state supreme court judge has granted a temporary restraining order against the state's prohibition on broker fees paid by renters. The order...

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Tenants Accuse NYCHA of Overcharging Rent
News 5 months ago
Tenants Accuse NYCHA of Overcharging Rent

A group of tenants is suing the New York City Housing Authority, accusing it of violating federal law by overcharging thousands of renters every...

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