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Two Bridges decision is latest court loss for real estate
News 5 hours ago
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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Council looking to expand program that gives tenants free legal help
News 2 days ago
Council looking to expand program that gives tenants free legal help

The City Council wants to expand a program that provides free legal help to low-income tenants in housing court-which a report linked to a dramatic...

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Lowline underground park plan fades as fundraising fails to materialize
News 1 week ago
Lowline underground park plan fades as fundraising fails to materialize

An ambitious project to transform a derelict underground trolley terminal on the Lower East Side into a 1-acre subterranean park called the Lowline...

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Nordstrom bets on used clothes, but the market is a bit threadbare
News 2 weeks ago
Nordstrom bets on used clothes, but the market is a bit threadbare

Nordstrom Inc.'s seven-story New York flagship at Broadway and 57th Street is home to a velvet-lined Nike boutique, a facial massage studio, a...

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Dog-accessories retailer has its day dressing pets to the canines
News 2 weeks ago
Dog-accessories retailer has its day dressing pets to the canines

Thirty years ago Mark Drendel almost gave up on New York City. At the time the native Tennessean was working on the floor of Versace on Madison...

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Amazon didn't go to LIC, but residential real estate prices rose anyway
News 2 weeks ago
Amazon didn't go to LIC, but residential real estate prices rose anyway

It turns out that some of the fears that Amazon's arrival in Long Island City would push up home prices in the neighborhood were justified,...

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LIC developer strikes deal for new residential tower
News 2 weeks ago
LIC developer strikes deal for new residential tower

One of Long Island City's major real estate developers has a new residential project in the works. Rockrose, run by the father and son team of...

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Mayor prioritizes preservation over affordable-housing construction
News 2 weeks ago
Mayor prioritizes preservation over affordable-housing construction

Mayor Bill de Blasio may not be able to save his housing plan-but he might be able to save your home. The Democrat came off his downbeat State of...

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Sorry, renters: Broker-fee changes apply only to future leases
News 2 weeks ago
Sorry, renters: Broker-fee changes apply only 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 close 125 stores, shed 2,000 corporate jobs
News 3 weeks ago
Macy's to close 125 stores, shed 2,000 corporate jobs

Macy's says it is closing 125 of its least productive stores and cutting 2,000 corporate jobs as the struggling department store tries to reinvent...

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Flexible-workspace firm to open large location next to Penn Station
News 3 weeks ago
Flexible-workspace firm to open large location next to Penn Station

Flexible-workspace firm Industrious is close to reaching a deal to open its largest location yet in the city, a 100,000-square-foot space at the...

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Buy Local East Harlem works to make sure neighborhood firms have a seat at the table
News 4 weeks ago
Buy Local East Harlem works to make sure neighborhood firms have a seat at the table

Landing a piece of business from Metropolitan Hospital Center was a coup for Rodney Mendez, founder and CEO of ThinkBigData, an East Harlem digital...

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Stringer blasts mayor's affordable-housing plan as a 'gentrification industrial complex'
News 4 weeks ago
Stringer blasts mayor's affordable-housing plan as a 'gentrification industrial complex'

City Comptroller Scott Stringer, who is hoping to replace Bill de Blasio in Gracie Mansion next year, took a wrecking ball to the mayor's...

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The city's retail market: Separating fact from fiction
News 1 month ago
The city's retail market: Separating fact from fiction

No segment of the city’s real estate market has been plagued with as much uncertainty, and as many conflicting signals, as retail. Hundreds of...

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200 year-old non-profit cashes out on its real estate portfolio
News 1 month ago
200 year-old non-profit cashes out on its real estate portfolio

A nearly 200-year old social services group, which provides foster care, homeless, mental health and education programs to city youths, is selling...

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Real estate leaders weigh in on 2020 outlook at REBNY Gala (Video)
News 1 month ago
Real estate leaders weigh in on 2020 outlook at REBNY Gala (Video)

Please enter a valid email address. Please enter your email address. Please select at least one newsletter to subscribe....

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Despite market slowdown, Queens saw an increase in rental prices
News 1 month ago
Despite market slowdown, Queens saw an increase in rental prices

Queens apartment rental market saw an annual growth rate just above the national average, while the rest of the country saw a slowdown, a new...

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'High Times' getting into retail pot business
News 1 month ago
'High Times' getting into retail pot business

High Times, the nearly 50 year old bible of weed, is piling onto the legal green rush. But its investment could go up in smoke. The media company,...

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From foreclosure to fortune: Midtown building scores deal with Wall Street tenant
News 1 month ago
From foreclosure to fortune: Midtown building scores deal with Wall Street tenant

As 545 Madison Ave. slid into a financial morass, Global Trading Systems, a major equities market maker on Wall Street, grew tired of the situation...

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$175 million sale of 111 Wall St. complete
News 1 month ago
$175 million sale of 111 Wall St. complete

A group of buyers has completed a $175 million acqusition of a controlling stake in the downtown office building 111 Wall St. this afternoon. A...

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De Blasio unlikely to hit rezoning goals
News 1 month ago
De Blasio unlikely to hit rezoning goals

The deputy mayor tasked with pushing through the de Blasio administration's goal of rezoning 15 neighborhoods in order spur affordable housing...

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De Blasio says he'll try to save 190-year-old 'Goodfellas' bar
News 1 month ago
De Blasio says he'll try to save 190-year-old 'Goodfellas' bar

Mayor Bill de Blasio wants to be a goodfella to the embattled owner of the two-century-old watering hole where Martin Scorsese filmed scenes of his...

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Here is the 'Harry Potter' Manhattan store design that angered community board members
News 1 month ago
Here is the 'Harry Potter' Manhattan store design that angered community board members

A new Harry Potter flagship store in the Flatiron District will host the world's largest collection of products from the wizarding world under one...

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New Yorkers pay thousands in fees for slim chance at affordable apartments: audit
News 2 months ago
New Yorkers pay thousands in fees for slim chance at affordable apartments: audit

You have a better chance of getting into Harvard than landing an affordable apartment in Manhattan, a study released Friday by state Comptroller...

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These 5 chains are expanding in the city while others shrink
News 2 months ago
These 5 chains are expanding in the city while others shrink

Just five national chain-store brands expanded by more than 10 stores in the five boroughs in 2019, a year in which the number of such stores...

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Williamsburg's Domino development signs its first office tenant
News 2 months ago
Williamsburg's Domino development signs its first office tenant

Custom shampoo maker and haircare brand Prose has signed on to become the first office tenant at Two Trees Management's Domino development on the...

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From one developer to another: Embrace ULURP
News 2 months ago
From one developer to another: Embrace ULURP

Seven years ago, the Rockaway Peninsula was devastated by Superstorm Sandy. Homes were torn up, people were displaced and some worried that the...

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Despite WeWork's implosion, coworking is still the future of office leasing
News 2 months ago
Despite WeWork's implosion, coworking is still the future of office leasing

A recent Crain's article announced that IBM is searching for office space in New York, as it might drop its current WeWork location. The...

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Another tenant takes space in high-priced West Side office property
News 2 months ago
Another tenant takes space in high-priced West Side office property

Large New York landlord Vornado Realty Trust has found another taker for the high-priced office property it and a partner finished building this...

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Local retail will stabilize and rebound
News 2 months ago
Local retail will stabilize and rebound

To the Editor: I have been a retail leasing broker in Manhattan for 32 years, concentrating on the Upper West Side. I am the exclusive agent for...

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