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Landlords take rent-control fight to federal court
News 1 day ago
Landlords take rent-control fight to federal court

Landlord groups will argue in federal court that the state's rent-control laws violate their constitutional rights, following through on a promise...

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Google nails down lease for final part of Hudson Square campus
News 6 days ago
Google nails down lease for final part of Hudson Square campus

Google has closed the final deal for its planned Hudson Square campus, leasing 1.3 million square feet at the St. John's Terminal. The tech giant...

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Facial-recognition startup pushes ahead despite controversy
News 1 week ago
Facial-recognition startup pushes ahead despite controversy

Longtime Google engineer Chaim Fried built his first surveillance system, around his Brooklyn home, five years ago, after his family lost all its...

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Blackstone nears deal for $1.1B mortgage
News 2 weeks ago
Blackstone nears deal for $1.1B mortgage

Blackstone Group is close to agreeing on a deal valued at about $1.1 billion to sell a portfolio of Spanish mortgages to CarVal Investors, people...

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Boro prez on tower plan: It's not just the height—it's the process
News 2 weeks ago
Boro prez on tower plan: It's not just the height—it's the process

To the editor: Nowhere does the editorial "Tower foes' disregard for zoning laws is the height of irresponsibility" (June 11) mention that the...

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Property management company sells 10,000 apartments to NYC investor
News 3 weeks ago
Property management company sells 10,000 apartments to NYC investor

Roco Real Estate LLC has unloaded more than 10,000 units from its apartment holdings to a group led by New York City real estate investor Joseph...

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New rent regulations pose lease-breaking concerns for owners
News 4 weeks ago
New rent regulations pose lease-breaking concerns for owners

The sweeping overhaul of the state's rent regulations may do more than block landlords from raising regulated rents and converting affordable units...

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Strand Bookstore granted landmark status despite owner's objections
News 1 month ago
Strand Bookstore granted landmark status despite owner's objections

The building that hosts the famous Strand Bookstore in the East Village was designated a city landmark Tuesday despite warnings from the property...

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Deal reached on sweeping, permanent rent reforms
News 1 month ago
Deal reached on sweeping, permanent rent reforms

Assembly Speaker Carl Heastie and state Senate Majority Leader Andrea Stewart-Cousins announced late Tuesday that their two houses have agreed on...

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

Democrats in the state Senate said Tuesday they have the votes needed for the "universal rent control" package of pro-tenant bills, following a day...

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A-Rod partners with Corcoran in East Village deal
News 1 month ago
A-Rod partners with Corcoran in East Village deal

Alex Rodriguez is jumping into the real estate scene. The former Yankees shortstop just closed on a 21-unit rental tower in the East Village, the...

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Manhattan condo owners are cutting deals as their tax breaks end
News 1 month ago
Manhattan condo owners are cutting deals as their tax breaks end

Manhattan condo owners who've enjoyed property-tax reductions are heading for the exits of their posh buildings as their breaks are set to expire....

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Amazon eyes West Side offices: report
News 1 month ago
Amazon eyes West Side offices: 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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Vegan Dominican food comes to the South Bronx
News 1 month ago
Vegan Dominican food comes to the South Bronx

Next Stop Vegan 1818 Archer St., Bronx Bronx native Blenlly Mena began cooking vegan dishes for diners in South Korea, where she taught English....

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Market Analysis: Breaking Down Manhattan’s Asking Rents
News 2 months ago
Market Analysis: Breaking Down Manhattan’s Asking Rents

Yes, its true. The Manhattan office market’s average asking rent has had a full recovery since the end of the Great Recession. Since the third...

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Manhattan represents a quarter of U.S. coworking market, report says
News 2 months ago
Manhattan represents a quarter of U.S. coworking market, report says

Manhattan controls the national market for coworking, according to a recent analysis from CBRE. About a quarter of all coworking space in the...

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Jobs in Lower Manhattan surpass pre-9/11 levels
News 2 months ago
Jobs in Lower Manhattan surpass pre-9/11 levels

The number of private-sector jobs in Lower Manhattan has surpassed employment levels of September 2001 for the first time. Employment downtown grew...

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Activists push back against Target's plans in Astoria, Elmhurst
News 2 months ago
Activists push back against Target's plans in Astoria, Elmhurst

Target has Queens in its sights, with new stores planned for Astoria and Elmhurst - but activists in both neighborhoods are waging separate battles...

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City Council to approve deal for JPMorgan Chase tower
News 2 months ago
City Council to approve deal for JPMorgan Chase tower

The City Council is expected to approve today a revised design for the soaring 1,400-foot office tower JPMorgan Chase plans to build on Park Avenue...

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Target heads to Washington Heights
News 2 months ago
Target heads to Washington Heights

Washington Heights is set to welcome a new big-box retailer next year. The retail giant Target signed a 15-year lease last week for 23,737 square...

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Tishman scraps redevelopment plan to hold on to anchor tenant
News 2 months ago
Tishman scraps redevelopment plan to hold on to anchor tenant

To hold onto an anchor tenant, the owner of a Midtown East building has abandoned its plans to take advantage of the neighborhood's recent rezoning...

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Head of state economic development agency will step down
News 2 months ago
Head of state economic development agency will step down

Gov. Andrew Cuomo's economic development czar is stepping down. Howard Zemsky, president and CEO of Empire State Development Corp., will leave his...

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Midtown South’s growing sublet supply
News 2 months ago
Midtown South’s growing sublet supply

For the last decade, there hasn’t been much room for office tenants looking in Midtown South. In the Manhattan market, where a 10% availability...

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Lawsuit claims landlord schemed to overcharge rent-regulated tenants
News 2 months ago
Lawsuit claims landlord schemed to overcharge rent-regulated tenants

A housing watchdog group has filed a class-action lawsuit against a Brooklyn landlord, accusing him of "systemic, fraudulent and unlawful...

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Rules of the opportunity zone road pave way for investors
News 2 months ago
Rules of the opportunity zone road pave way for investors

Clarifications to a Trump administration initiative that offers shelter from capital gains taxes in exchange for investment in designated...

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MassMutual heads to Park Avenue
News 2 months ago
MassMutual heads to Park Avenue

A MassMutual sales office is relocating from Fifth Avenue to 90 Park Ave. In the new lease, MassMutual took most of the 17th and 18th floors,...

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City considers demolishing and rebuilding 2 NYCHA Chelsea buildings
News 2 months ago
City considers demolishing and rebuilding 2 NYCHA Chelsea buildings

The de Blasio administration is reportedly considering a plan to demolish and rebuild parts of a New York City Housing Authority property in...

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Property of former Purdue Pharma board member on the market for $6.5M
News 2 months ago
Property of former Purdue Pharma board member on the market for $6.5M

Property owned by David A. Sackler, a former board member of Purdue Pharma and grandson of Raymond Sackler, who built the company, has hit the...

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Long Island City industrial portfolio priced at $51M
News 2 months ago
Long Island City industrial portfolio priced at $51M

A 117,500-square-foot industrial portfolio hit the market in Long Island City, with sales agent Cushman & Wakefield seeking $51 million for the...

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Far-Reaching Rent Reforms Resist Albany Consensus
News 3 months ago
Far-Reaching Rent Reforms Resist Albany Consensus

Newcomers who helped Democrats seize control of the state Senate won over voters from The Bronx to Brooklyn with bold vows to supercharge tenant...

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