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Kushner Cos. could lose retail space in the old New York Times building
News 2 months ago
Kushner Cos. could lose retail space in the old New York Times building

The family real estate firm of Jared Kushner, President Donald Trump's son-in-law and senior advisor, could lose its hold on a large retail...

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Eating out may never be the same
News 2 months ago
Eating out may never be the same

Crain's has lifted the pay wall on all coronavirus coverage. Support our journalism: Please subscribe. Sign up for our daily newsletter rounding up...

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Hip downtown hotel selling for $125 million
News 2 months ago
Hip downtown hotel selling for $125 million

The 253-room Andaz Hotel in Lower Manhattan has hit the market for sale for $125 million, several sources familiar with the offering said. The...

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Brookfield, Blackstone weigh sale of One Liberty Plaza
News 3 months ago
Brookfield, Blackstone weigh sale of One Liberty Plaza

Brookfield Property Partners and Blackstone Group are weighing a sale of One Liberty Plaza, a downtown Manhattan office skyscraper, people with...

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Small banks in the line of fire as Fed mulls more rate cuts
News 3 months ago
Small banks in the line of fire as Fed mulls more rate cuts

Stocks staged a bounce-back rally Monday morning on hopes that the Federal Reserve will cut interest rates to stabilize markets. But if those cuts...

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'Continued beating:' Two Bridges decision is latest court loss for real estate
News 3 months ago
'Continued beating:' Two Bridges decision is latest court loss for real estate

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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Lenox Terrace redevelopment plan shut down by City Council
News 3 months ago
Lenox Terrace redevelopment plan shut down by City Council

A long-sought redevelopment plan for one of Harlem's largest residential complexes was voted down unanimously by City Council Wednesday. The plan...

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Long island city lures Commercial Tenants
News 3 months ago
Long island city lures Commercial Tenants

With Long Island City's arts, shopping districts and nightlife humming, and the number of residents and employees in western Queens surging, major...

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City rents jumped in wake of broker fee ban
News 3 months ago
City rents jumped in wake of broker fee ban

The week that a ban on broker fees was announced, the city's rental market experienced a 750% jump in the number of apartments that increased their...

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Community credit unions could be the answer to the city's financial access issues
News 3 months ago
Community credit unions could be the answer to the city's financial access issues

Nearly one million households in New York City do not have access to basic banking services like a checking or savings account. T hree out of five...

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Love is in the air: Living together can save a couple $30K a year
News 3 months ago
Love is in the air: Living together can save a couple $30K a year

Love hurts and love scars, but love is also cheaper than roommates. For New York couples on the fence about dwelling together, new data may...

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Savanna buys 1375 Broadway for $435 million
News 3 months ago
Savanna buys 1375 Broadway for $435 million

Prolific real estate investment firm Savanna is buying the office building 1375 Broadway from Westbrook Partners for $435 million, several sources...

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Sorry, recent renters: Broker-fee changes only apply to future leases
News 3 months ago
Sorry, recent renters: Broker-fee changes only apply to future leases

New Yorkers who recently signed leases and forked over a broker's fee shouldn't hold their breath for a refund. A spokeswoman for the Department of...

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Macy's to move tech offices to New York, Atlanta
News 4 months ago
Macy's to move tech offices to New York, Atlanta

Macy's Inc. is closing its San Francisco technology offices, as the department-store company prepares to discuss a three-year growth plan with its...

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State bill would ban retail sales of dogs, cats, rabbits
News 4 months ago
State bill would ban retail sales of dogs, cats, rabbits

New York could ban retail pet shops from selling dogs, cats or rabbits as soon as mid-2021 under a Democratic state senator's bill. The state would...

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Why Shiny New Tech Companies Love Old Industrial Buildings
News 4 months ago
Why Shiny New Tech Companies Love Old Industrial Buildings

A century-old loft building has been retrofitted for tech workers with fancy pantries, bleacher seating for all-hands meetings and a library for...

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Grand Central project shows how Cuomo is leaving mark on de Blasio's city
News 4 months ago
Grand Central project shows how Cuomo is leaving mark on de Blasio's city

The Cuomo administration may let two of New York City's biggest real estate concerns tear down Donald Trump's first significant Manhattan project,...

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Murals brighten construction sites and improve community relations
News 4 months ago
Murals brighten construction sites and improve community relations

In considering how a project will benefit a neighborhood, New York City developers often take steps to mitigate disruption during construction. A...

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Decade of luxury development leaves glut of expensive condos
News 4 months ago
Decade of luxury development leaves glut of expensive condos

An aerial view of underutilized parking lots along Delancey Street on the Lower East Side in 2013, when plans were approved for a major development...

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Deals, development blossom in Manhattan's old Rose Hill
News 4 months ago
Deals, development blossom in Manhattan's old Rose Hill

In the fall the Rockefeller Group launched sales at Rose Hill, an under-construction, 45-story luxury condo at 30 E. 29th St. The name is a nod to...

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New York's Landlord of the Dance gets $2M grant
News 4 months ago
New York's Landlord of the Dance gets $2M grant

Gina Gibney, New York's landlord of the dance, announced her troupe received a $2 million grant that will enable it to double in size and begin...

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Cuomo says he'll evict the NYPD tow pound from Pier 76
News 4 months ago
Cuomo says he'll evict the NYPD tow pound from Pier 76

Gov. Andrew Cuomo plans to boot the NYPD impound lot on Pier 76 this year. The governor declared Monday that the state should tow away the police...

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NYC Councilman Mark Levine launches Manhattan borough president run
News 4 months ago
NYC Councilman Mark Levine launches Manhattan borough president run

"The future of Manhattan is on the line," he told the Daily News in making his run official Monday. "We are a borough of neighborhoods and those...

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Bushwick rezoning plan 'not looking good'
News 4 months ago
Bushwick rezoning plan 'not looking good'

Mayor Bill de Blasio's signature effort to rezone swaths of the city to spur housing development and the construction of below-market units in...

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Bushwick rezoning not looking good
News 4 months ago
Bushwick rezoning not looking good

Mayor Bill de Blasio's signature effort to rezone swaths of the city to spur housing development and the construction of below-market units in...

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Crain's most-read finance stories of 2019
News 5 months ago
Crain's most-read finance stories of 2019

Ernst & Young has named Carmine Di Sibio as its next CEO and global chairman. Sibio, who is currently serving as the global managing partner of...

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Investor group says it was cut from Netflix's Brooklyn lease
News 5 months ago
Investor group says it was cut from Netflix's Brooklyn lease

A group of real estate investors want to know more about how a Brooklyn warehouse they sold last year was leased up by Netflix in a lucrative deal...

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Landlord seeks to kick out WeWork from Midtown South office
News 5 months ago
Landlord seeks to kick out WeWork from Midtown South office

The disruptor becomes the disrupted. WeWork's landlord wants to boot the embattled flexible workspace provider from a Midtown South office it...

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Manhattan’s luxury apartment dwellers are sending rents soaring
News 5 months ago
Manhattan’s luxury apartment dwellers are sending rents soaring

It's been a good year for Manhattan's apartment landlords, and November was their best month yet. Units leased for a median of $3,502 after...

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SoHo landlord group says poll shows support for rezoning
News 5 months ago
SoHo landlord group says poll shows support for rezoning

Most SoHo and NoHo residents support an overhaul of land-use rules-contrary to public meeting sentiments-according to a poll commissioned by a...

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