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De Blasio warns property tax reform could upset city's 'equilibrium'
News 4 hours ago
De Blasio warns property tax reform could upset city's 'equilibrium'

Changing the city's arcane property tax system could tax public resources, Mayor Bill de Blasio warned on Friday. The mayor promised a caller on...

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City housing policy deepens segregation, report finds
News 3 days ago
City housing policy deepens segregation, report finds

For more than two years, lawyers for New York City have fought to keep secret a report on the city's affordable housing lotteries, arguing that its...

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Epstein's brother: I'm not his partner
News 3 days ago
Epstein's brother: I'm not his partner

Jeffrey Epstein's brother told Crain's Tuesday that there is no business tie between his real estate operation and the wealthy pedophile's...

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Blackstone halts Stuy Town upgrades in wake of rent-regs overhaul
News 1 week ago
Blackstone halts Stuy Town upgrades in wake of rent-regs overhaul

The Blackstone Group is pulling back on apartment renovations and other planned work at Stuyvesant Town and Peter Cooper Village in response to the...

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Cushman & Wakefield nab leasing exclusivity of Fisher Landau Center for Art building
News 1 week ago
Cushman & Wakefield nab leasing exclusivity of Fisher Landau Center for Art building

Cushman & Wakefield has been exclusively hired to rent out the 25,000 square-foot building in Long Island City that previously housed the Fisher...

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Unraveling the web of Epstein's Manhattan real estate
News 1 week ago
Unraveling the web of Epstein's Manhattan real estate

The epicenter of the scandal engulfing wealthy pedophile Jeffrey Epstein is his mansion on East 71st Street, but real estate records show he has...

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In Amazon's Wake, Huge Sunnyside Yards Master Plan Takes Shape
News 1 week ago
In Amazon's Wake, Huge Sunnyside Yards Master Plan Takes Shape

A team of city planners and consultants is two-thirds through an 18-month master planning process for what could be a megadevelopment on the...

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Rent reforms made sense
News 2 weeks ago
Rent reforms made sense

To the editor: Re "Blind allegiance to tenant lobby brings lawmakers to new low" (editorial, June 17): The state's rent-law overhaul was an...

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Veteran commercial broker joins prop-tech firm
News 2 weeks ago
Veteran commercial broker joins prop-tech firm

Upstart proptech company SquareFoot, which is focused on developing an online listing platform for office space, has hired veteran real estate...

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Readers pick Campari Group space as New York's Coolest Office
News 1 month ago
Readers pick Campari Group space as New York's Coolest Office

After Crain's published its Coolest Offices feature this week, readers were asked to choose their overall favorite of the five winners named this...

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City landlords are offering fewer deals
News 1 month ago
City landlords are offering fewer deals

The deals are getting less sweet for New York City apartment hunters. The share of new leases with concessions, such as a free month, fell in...

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Pizza analogy explains why regulation won't solve housing crisis
News 1 month ago
Pizza analogy explains why regulation won't solve housing crisis

To the editor: The recent spate of legislation in Albany ("New York rent revamp sends shock waves") won't solve the underlying issues: 1) New York...

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Report decries real estate industry influence over past rent-control renewal debates
News 1 month ago
Report decries real estate industry influence over past rent-control renewal debates

Real estate interests have spent big each time New York's rent-control laws have come up for renewal in the past two decades, easily outpacing...

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Small landlords caught in rent-regs crossfire
News 1 month ago
Small landlords caught in rent-regs crossfire

Dino Panagoulias lives in the 10-unit building in Long Island City that his Greek immigrant parents bought in 1974, the same year the state passed...

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Feds put Manafort's SoHo loft on the market
News 1 month ago
Feds put Manafort's SoHo loft on the market

One of five federally seized properties in Paul Manafort's New York real estate portfolio has hit the market for $3.66 million. The SoHo loft at 29...

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State Senate Democrats say they have universal rent control votes following day of protests
News 1 month ago
State Senate Democrats say they have universal rent control votes following day of protests

Tenants and members of the Upstate Downstate Housing Alliance from across the state, demand New York Gov. Andrew Cuomo and state legislators pass...

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Deal in works for new Park Avenue tower
News 1 month ago
Deal in works for new Park Avenue tower

Another new office building that would take advantage of the rezoning of Midtown East is in the planning stages on Park Avenue. GDS Development, a...

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How to make money in real estate
News 1 month ago
How to make money in real estate

What do Gowanus, Crown Heights, Dumbo, the Brooklyn Navy Yard and Long Island City have in common? These neighborhoods all have experienced rapid...

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Amazon eyes office expansion on West Side: report
News 1 month ago
Amazon eyes office expansion on West Side: report

While the city is still picking up the pieces from Amazon's scuttled deal in Long Island City, the retail giant is reportedly looking to expand its...

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Opportunity zones aren’t just for real estate
News 1 month ago
Opportunity zones aren’t just for real estate

Ever since the bipartisan Opportunity Zone program was introduced in the Tax Cuts and Jobs Act of 2017, investors have been excited about the...

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New York’s prized sea scallop faces off against offshore wind
News 1 month ago
New York’s prized sea scallop faces off against offshore wind

Developers pushing to install massive wind turbines in the waters off New York and New Jersey have run into a delicate yet mighty foe: the Atlantic...

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Trump companies were in the red. He’s reaped the rewards since
News 2 months ago
Trump companies were in the red. He’s reaped the rewards since

Real-estate developer Donald Trump in 1992 lived in a New York luxury apartment, traveled by limousine and had personal bodyguards. That year, he...

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Evil Twin Brewing to plant roots in Ridgewood
News 2 months ago
Evil Twin Brewing to plant roots in Ridgewood

Sourdough is on the rise at this bakery and café, which is the first location of the business outside of Australia. Popular items include a lamb...

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Self-storage builder strikes deal for $100M development
News 2 months ago
Self-storage builder strikes deal for $100M development

Self-storage builder Storage Deluxe has acquired a development site in East Williamsburg with plans to erect a nearly 220,000-square-foot facility....

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In advance of blockbuster IPO, Uber seeks big new NYC office
News 2 months ago
In advance of blockbuster IPO, Uber seeks big new NYC office

The ride-hailing giant Uber is searching for a big block of office space in anticipation of an expected $100 billion initial public offering next...

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Trump Tower among city buildings facing steep cuts in energy use
News 3 months ago
Trump Tower among city buildings facing steep cuts in energy use

New York City is seeking to reduce energy consumption by some of its largest buildings, including Trump Tower. The legislation, part of a package...

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Charter reform is a chance to democratize planning
News 3 months ago
Charter reform is a chance to democratize planning

Today, too many decisions in New York City about budgeting, development and how our neighborhoods will grow are made without meaningful input by...

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Landlords are exploiting a key loophole to raise rents on thousands of apartments
News 3 months ago
Landlords are exploiting a key loophole to raise rents on thousands of apartments

In the fall of 2013, when apartment 1E at 171 W. 81st St. was vacated, the owner did what landlords have done with tens of thousands of other rent...

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Chrysler Building buyer RFR Realty to acquire Meatpacking District property
News 3 months ago
Chrysler Building buyer RFR Realty to acquire Meatpacking District property

Fresh off buying a controlling stake in the Chrysler Building, RFR Realty is acquiring a Meatpacking District office and retail property for $129.5...

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New York’s trendy new hotels get cheaper—and far more expensive
News 3 months ago
New York’s trendy new hotels get cheaper—and far more expensive

In oh-so-pricey New York, a one-night stay at a Courtyard by Marriott can cost north of $1,000 during peak periods such as New Year's Eve. If you...

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