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Progressive group slammed for taking cash from real estate-linked law firms
News 18 hours ago
Progressive group slammed for taking cash from real estate-linked law firms

A business-linked coalition of black churches ripped activist group Make the Road, which has been critical of the real estate industry, for not...

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Saks Manhattan flagship sees value plummet in retail apocalypse
News 21 hours ago
Saks Manhattan flagship sees value plummet in retail apocalypse

The value of Hudson's Bay Co.'s Saks Fifth Avenue flagship store has plummeted over the last five years, pulled down by retail woes and sliding...

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Kushner Cos.’ Times Square loan heads for workout amid rent woes
News 2 days ago
Kushner Cos.’ Times Square loan heads for workout amid rent woes

The Kushner family's big bet on Times Square retail is on the rocks. A $285 million loan taken out by the Kushner Cos. will require a renegotiation...

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City vows to seek penalties against landlords for lead violations
News 1 week ago
City vows to seek penalties against landlords for lead violations

When I joined HPD over 25 years ago, New York was a very different city. Every day, my team at HPD walked into buildings that were virtually...

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Revised commercial rent stabilization bill to be introduced in City Council
News 1 week ago
Revised commercial rent stabilization bill to be introduced in City Council

A Brooklyn councilman wants to take another crack at passing commercial rent control next week with a revamped version of a bill loathed by the...

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Council will hold hearings after Airbnb found in NYCHA building
News 1 week ago
Council will hold hearings after Airbnb found in NYCHA building

The City Council will hold a hearing on the prevalence of Airbnb in public housing following a report that a NYCHA apartment was rented on the site...

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With revised bill, Council will revisit commercial rent control
News 1 week ago
With revised bill, Council will revisit commercial rent control

A Brooklyn councilman wants to take another crack at passing commercial rent control next week with a revamped version of a bill loathed by the...

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Luxury developer shifts from pricey condo towers to co-living spaces
News 2 weeks ago
Luxury developer shifts from pricey condo towers to co-living spaces

A developer of some of Manhattan's costliest and tallest condo towers is shifting to the opposite end of the housing spectrum-building affordable,...

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Jersey City voters pass limits on Airbnb, short-term rentals
News 2 weeks ago
Jersey City voters pass limits on Airbnb, short-term rentals

Airbnb was dealt another setback in one of its most important markets Tuesday as voters in Jersey City, just a few minutes by train from the...

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Cuomo awards $10 million to Staten Island revitalization
News 2 weeks ago
Cuomo awards $10 million to Staten Island revitalization

New York will pitch in $10 million more to boost job growth and development along one of Staten Island's main commercial corridors, Gov. Andrew...

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Former deputy mayor looks to launch real estate venture
News 3 weeks ago
Former deputy mayor looks to launch real estate venture

Former Deputy Mayor Alicia Glen, who stepped down from her post in city government in March, is preparing to roll out her own real estate venture,...

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Prolific hotel builder buys big Midtown development site
News 4 weeks ago
Prolific hotel builder buys big Midtown development site

As Mayor Bill de Blasio’s administration contemplates an unprecedented control on new hotel development in the city, a prolific hotel builder is...

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Hudson Yards becomes priciest neighborhood in the city
News 1 month ago
Hudson Yards becomes priciest neighborhood in the city

Hudson Yards has officially become the priciest neighborhood in New York City, according to a report by PropertyShark. The neighborhood in...

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Real estate firm Paramount Group continues selling spree
News 1 month ago
Real estate firm Paramount Group continues selling spree

Paramount Group is hoping to fetch more than $400 million for its East Side office tower at 900 Third Ave. The company hired Cushman & Wakefield...

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PDF: Spotlight on Westchester
News 1 month ago
PDF: Spotlight on Westchester

While Gary Barnett fights Upper West Side residents on one front over a condo tower under construction on West 66th Street, the businessman’s...

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Westchester is becoming a new laboratory for biotech
News 1 month ago
Westchester is becoming a new laboratory for biotech

If you were making a movie about jobs and industry in Westchester County, the star and new heartthrob would be biotech. Sure, there are plenty of...

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Welcome to Westchester: Land of the suburban apartments
News 1 month ago
Welcome to Westchester: Land of the suburban apartments

Come to New Rochelle these days and you’ll find “dust, noise and traffic jams,” said Luiz Aragon. But the city’s commissioner of development is not...

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'Thousands' of rent-regulated units sitting empty, industry group says
News 1 month ago
'Thousands' of rent-regulated units sitting empty, industry group says

Landlords of rent-regulated apartments are holding "thousands" of vacant units off the market as a result of the changes to the rent laws that were...

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Ann Taylor is part of a failed retail experiment
News 1 month ago
Ann Taylor is part of a failed retail experiment

Ascena Retail Group Inc.'s gloomy quarterly results are a reminder not just of why the giant chain feels such enormous pressure to change. They...

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Neumann’s side bet seeks $500M property fund
News 1 month ago
Neumann’s side bet seeks $500M property fund

Adam Neumann's stint as WeWork's chief ended last month as the office-sharing venture put its initial public offering on pause - but one of his...

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Manhattan resale home prices drop most in nearly a decade
News 1 month ago
Manhattan resale home prices drop most in nearly a decade

Resale prices for Manhattan apartments tumbled the most in more than eight years, pushed down by buyer demands for discounts in a market swamped...

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Forever 21 fashion chain files for Chapter 11 bankruptcy
News 1 month ago
Forever 21 fashion chain files for Chapter 11 bankruptcy

Low-price fashion chain Forever 21, a once-hot destination for teen shoppers that fell victim to its own rapid expansion and changing consumer...

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Forever 21 at an impasse on landlord deal ahead of bankruptcy
News 1 month ago
Forever 21 at an impasse on landlord deal ahead of bankruptcy

Struggling teen retailer Forever 21 Inc. has reached an impasse in talks over a restructuring deal that would give its two largest landlords a...

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City’s historic Coca-Cola building sells for $955 million
News 1 month ago
City’s historic Coca-Cola building sells for $955 million

Talk about a fast flip: Just a month after it sold for $909 million, Manhattan's Coca-Cola building has changed hands again, this time for $955...

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Billionaires’ Row is the planned site for a ‘5-star’ drug rehab
News 1 month ago
Billionaires’ Row is the planned site for a ‘5-star’ drug rehab

An empty Midtown Manhattan building once slated for high-end condos is the planned site of a luxury, for-profit rehabilitation facility for young...

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One Vanderbilt reaches 1,401-foot pinnacle
News 2 months ago
One Vanderbilt reaches 1,401-foot pinnacle

One Vanderbilt, one of the city's most significant construction projects, today topped out at 1,401 feet tall. Developer SL Green celebrated the...

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Rockefeller Capital acquires Silicon Valley wealth firm
News 2 months ago
Rockefeller Capital acquires Silicon Valley wealth firm

Rockefeller Capital Management, the wealth adviser led by former Morgan Stanley executive Greg Fleming, is boosting its Silicon Valley credentials....

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Luxury-tower architect Leyva on economics over style
News 2 months ago
Luxury-tower architect Leyva on economics over style

MORE THAN LUXE In 2013 Leyva's firm was picked to design the first phase of the city's largest affordable-housing project in decades, Hunters Point...

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WarnerMedia expanding West Side presence
News 2 months ago
WarnerMedia expanding West Side presence

WarnerMedia is reportedly expanding its presence on the West Side. The Real Deal reported Wednesday that the company-part of AT&T through a 2018...

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Keep Hunts Point cool: Experts recommend using geothermal power
News 2 months ago
Keep Hunts Point cool: Experts recommend using geothermal power

Hunts Point could head in a new energy direction, should the city accept a leading think tank's recommendations. The Urban Land Institute debuted a...

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