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Real estate pros prepare to face off at annual games in aid of diabetes research
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The JDRF Real Estate Games are coming back to New York City on Thursday, June 15 to raise money for JDRF, the leading global organization funding Type
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Brooklyn landlord facing jail after bulldozing his tenants out of their homes
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A Brooklyn landlord is facing a year in jail after being found guilty of forcing rent stabilized tenants out of his property by virtually bulldozing it while
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Census Bureau study: Household income increases for first time since 2007
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The U.S. Census Bureau announced that real median household income increased by 5.2 percent between 2014 and 2015 while the official poverty rate decreased 1.
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Normandy pays $125M for 1370 Broadway
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By Linda O’Flanagan 1370 Broadway Normandy Partners is in contract to buy 1370 Broadway for $125 million, according to sources. The 250,000 s/f Garment
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Roadmap for owners as bike etiquette takes a right turn
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Bicycle ridership is on the rise. More than 750,000 New Yorkers use a bicycle regularly (at least once per month), more than three times the number of
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Brokers return from summer downcast about future
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The Real Estate Board of New York’s (REBNY) Real Estate Broker Confidence Index for the second quarter of 2018 was 5.53 out of 10, a decrease of 0.
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Long Island City company pitches mixed-use district along Hunters Point inlet
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Plaxall, a Long Island City-based plastics manufacturer and real estate company, has proposed a special zoning district that would allow it to turn nearly
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Election has New York brokers on edge
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Real estate brokers are jittery over the coming elections, with many concerned about the possible effects of a contentious vote on the city’s economic prospects.
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Merchants closes $42M hotel loan
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The hotel developers are building one of New York’s largest billboard and observation decks on the roof. Merchants Hospitality and Roche Enterprises have
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LEASES: Savitt Partners announces 490,000 s/f of Midtown leases
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NEW YORK Savitt Partners announced a number of new leases and expansions at 530 Seventh Avenue, a Garment District hub for office, technology and
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Report finds NYC most valuable city in America
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American households own $29.2 trillion of residential real estate, a significant part of the $107 trillion in household net worth in the United States.
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New rules dent broker confidence
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The Real Estate Board of New York’s (REBNY) Real Estate Broker Confidence Index for the second quarter of 2019 was 6.64 out of 10 — a decrease of 0.