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Kings of the Castle: Brokers believe Brooklyn is back as numbers inch up
News 1 day ago
Kings of the Castle: Brokers believe Brooklyn is back as numbers inch up

Home sales in Brooklyn have mirrored those in Manhattan recently, where the market is still correcting itself. But there are signs of better days...

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Hilco project at PES refinery can bring 10,000 jobs, buyer tells councilman
News 1 day ago
Hilco project at PES refinery can bring 10,000 jobs, buyer tells councilman

A future redevelopment of the shuttered Philadelphia Energy Solutions site has the potential to create 10,000 jobs, Councilman Kenyatta Johnson...

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HPD hails rezoning that will add over 1,000 homes to Rockaways
News 1 day ago
HPD hails rezoning that will add over 1,000 homes to Rockaways

The New York City Department of Housing Preservation and Development (HPD) announced financing of 793 new affordable homes in the Downtown Far...

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Luxury apartment community offers free barista service
News 1 day ago
Luxury apartment community offers free barista service

Empire, a luxury community in Henderson managed by WestCorp Management Group, is taking morning coffee to a new level with a new daily barista...

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San Diego added 34,800 jobs in '19 and had fastest job growth in Southern California
News 1 day ago
San Diego added 34,800 jobs in '19 and had fastest job growth in Southern California

San Diego County closed out the year with the fastest job growth rate in Southern California and a near-record low of 2.8 percent unemployment....

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SVBJ editor reflects on anti-Google protest at San Jose event
News 1 day ago
SVBJ editor reflects on anti-Google protest at San Jose event

To counter a protest, let people speak. To solve a problem, they need to learn to listen. This account isn't linked to a paid Silicon Valley...

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New York faces more empty storefronts as bank branches shrink
News 1 day ago
New York faces more empty storefronts as bank branches shrink

A bank, a drug store, another bank: Odds are, a stroll down a random Manhattan avenue devolves quickly into a retail snoozefest. New Yorkers have...

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Andover development project will transform 100 acres north of Kellogg
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Andover development project will transform 100 acres north of Kellogg

It's been about a decade in the making, but a 100-acre, mixed-use development project in Andover is about to get off the ground. The Heritage,...

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Aby Rosen’s new landlords move to take control of Lever House
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Aby Rosen’s new landlords move to take control of Lever House

Aby Rosen's new landlords at Lever House are trying to wrest control of the Park Avenue landmark. Brookfield Office Properties and Waterman...

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Cadence features fitness court
News 1 day ago
Cadence features fitness court

Staying active is a breeze at Cadence in Henderson, offering multiple outdoor amenities and features to help residents stay in shape. Among those...

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Mountain’s Edge celebrates new dog park
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Mountain’s Edge celebrates new dog park

Mountain's Edge now has a new dedicated area for dog owners and their pets to enjoy the outdoors with the addition of a dog park at its...

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Stationary Chain Papyrus Files for Bankruptcy, Will Shutter All Its Stores
News 1 day ago
Stationary Chain Papyrus Files for Bankruptcy, Will Shutter All Its Stores

The stationary and greeting-card chain Papyrus will shutter all of its stores after its parent company — Schurman Fine Papers — filed for...

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For property tax relief, reduce the cost of local government
News 1 day ago
For property tax relief, reduce the cost of local government

Illinois is an outlier when it comes to the number of local governments it has and the property tax burden it places on residents compared to other...

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Beyond restaurants: Jon Cronin scores victories at City Hall, State House in new ventures
News 1 day ago
Beyond restaurants: Jon Cronin scores victories at City Hall, State House in new ventures

Cronin Group built its reputation around a restaurant empire, and then residential development in South Boston. But Jon Cronin's eponymous Boston...

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AG Mortgage Investment Trust, Inc.
News 1 day ago
AG Mortgage Investment Trust, Inc.

(NYSE: MITT) (the "Company"), a real estate investment trust (REIT), announced today the tax treatment of common and preferred stock dividends...

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First Industrial Realty Trust Reports Tax Treatment of Common Stock Distributions
News 1 day ago
First Industrial Realty Trust Reports Tax Treatment of Common Stock Distributions

CHICAGO, Jan. 24, 2020 /PRNewswire/ -- First Industrial Realty Trust, Inc. (NYSE: FR), a leading fully integrated owner, operator and developer of...

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LPC issues grants to help low-income owners repair their landmark properties
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LPC issues grants to help low-income owners repair their landmark properties

The New York City Landmarks Preservation Commission (LPC) has awarded five new grants through its Historic Preservation Grant Program to help low...

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Lincoln Property project near Millenia mall to start construction
News 1 day ago
Lincoln Property project near Millenia mall to start construction

A Dallas developer expects to break ground in March on the redevelopment of an aging industrial site near the Mall at Millenia in Orlando. Lincoln...

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Simon Property, Authentic Brands consider buying Forever 21
Blog 1 day ago
Simon Property, Authentic Brands consider buying Forever 21

Mall owner Simon Property Group is considering a bid to buy Forever 21 Inc., the bankrupt teen retailer that’s running out of money and time,...

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Simon Property Group, Authentic Brands consider buying Forever 21
News 1 day ago
Simon Property Group, Authentic Brands consider buying Forever 21

Mall owner Simon Property Group is considering a bid to buy Forever 21, the bankrupt teen retailer that's running out of money and time, according...

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Top 5 Office Building Sales
News 1 day ago
Top 5 Office Building Sales

Safehold Inc., as part of a joint venture with an unnamed sovereign wealth fund, has completed the acquisition of its ground lease on the property....

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Top 5 Retail Space Sales
News 1 day ago
Top 5 Retail Space Sales

Sold along with 48 E. 86th St., this property comprises 1,753 square feet of space on the ground level of a five-story residential building. The...

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Developer got OK for one building, then started two
News 1 day ago
Developer got OK for one building, then started two

MOUNT VERNON - Work on a real estate developer's new Mount Vernon headquarters has all but halted after the company started constructing a second...

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First look: Chip and Joanna Gaines' Pennybacker Club
News 1 day ago
First look: Chip and Joanna Gaines' Pennybacker Club

Organizers of Austin's only professional golf tournament, the WGC-Dell Technologies Match Play, are pulling out all the stops in 2020, the event's...

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Johns Creek shopping centers plan expansions, pedestrian improvements
News 1 day ago
Johns Creek shopping centers plan expansions, pedestrian improvements

Two shopping centers in Johns Creek are planning significant expansions. NewQuest Properties of Houston, Texas, is proposing to add two new...

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Top 5 NYC Multifamily Sales
News 1 day ago
Top 5 NYC Multifamily Sales

Sold along with 111 Greenpoint Ave. and 105 Greenpoint Ave., this four-story walk-up building was constructed in 1930. The property features 16...

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Coldwell Banker president explains how the brokerage is battling ‘disruptors, discounters, interlopers'
News 1 day ago
Coldwell Banker president explains how the brokerage is battling ‘disruptors, discounters, interlopers'

Charles El-Moussa, president of Coldwell Banker Realty Texas calls residential real estate a "belly-to-belly business." Because of that, he doesn't...

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Coldwell Banker president explains how the brokerage is battling ‘disruptors, discounters, interlopers
News 1 day ago
Coldwell Banker president explains how the brokerage is battling ‘disruptors, discounters, interlopers

Charles El-Moussa, president of Coldwell Banker Realty Texas calls residential real estate a "belly-to-belly business." Because of that, he doesn't...

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Brooklyn multifamily building leads NYC’s mid-market i-sales
News 1 day ago
Brooklyn multifamily building leads NYC’s mid-market i-sales

Just two mid-market investment deals were made public this week in New York City: a multifamily building in Brooklyn and a commercial condo unit in...

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A Decade in Review and What's to Come
Blog 1 day ago
A Decade in Review and What's to Come

This decade was chock-full of twists and turns for all players in the commercial real estate and the overall financial market. As the doors to the...

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