New York City
Vornado: Confidence in NYC “Never Greater”
Vornado Realty Trust is still bullish on New York City, citing Federal policy, infrastructure projects and the low crime rate, even… Read more
Union Square to Boast 258K-SF Tech Hub
New York City is creating a 258,000-square-foot Union Square Tech Hub. “This new hub will be the front-door for tech… Read more
Fewer New Jobs, Lower NYC Rents
The job market in New York City is still growing, but a lot less quickly than prior years. It’s no… Read more
“Mansion Tax” to Help Low-Income Seniors, Vets
New York City’s proposed “Mansion Tax” will help fund a new Elder Rent Assistance program serving more than than 25,000… Read more
Equity Residential: Free Rent, More Competition
Apartments in New York City face more downside risk than apartments in any other U.S. market, according to Equity Residential… Read more
Design-Build Catching On in NYC
The “design-build” way of building may finally be catching on in New York City. New design-build projects include the $4… Read more
Midtown South Home to Tech
Technology is still a bright spot in New York City’s market for office space — particularly in the Midtown South… Read more
Construction Costs Up 4% in the City
Good news: The cost of construction only rose 4% in New York City during 2016, according to the New York… Read more
Naming and Shaming NYC’s Worst Landlords
Journalists, residents and public officials gathered in front of 3852-3854 10th Ave. on Feb. 6 — one of the newest… Read more
Northern NJ Effective Rents Forecast to Rise 5%-Plus
Most of the 7,000 new apartments that open in Northern New Jersey in 2017 will be in Jersey City. “Leasing… Read more
Has Williamsburg Hit its Peak?
The Williamsburg and Greenpoint neighborhoods together make up the only housing submarket in Brooklyn where the median price of a… Read more
30K New Apartment Units for NYC
Developers are expected to open 30,000 new, rental apartments in New York City this year, mostly in Brooklyn and Manhattan.… Read more
NYC’s Youngest Landmark
In January, first-floor interiors at the United Nations Hotel became the youngest historic landmark in New York City, according to… Read more
Carbon Challenge Now Covers 6% of Built NYC
After last week’s expansion to New York City’s Carbon Challenge, the number of buildings included in the challenge’s goal to… Read more
Trump Hotels Plans Downtown Dallas Project
New York City-based Trump Hotels is planning a new, four-star concept dubbed Scion, near Dallas City Hall, downtown. The six-story,… Read more
de Blasio Wants to Tax the Mansions
New York City Mayor Bill de Blasio is calling for a tax on the most highly priced homes. “I believe… Read more
Pity the Retail Landlord
Right now retail tenants are squeezed by high rents, competition from e-commerce and costs like rising wages. Eventually, the costs… Read more
$40M Loan Spurs Hartford Buy
Shelbourne Global Solutions took out a $40 million bridge loan to buy the Metro Center, at 350 Church St. in… Read more
Deutsche Bank’s $7.5B Tops CRE Lending
Deutsche Bank was New York City’s biggest commercial real estate lender, providing $7.5 billion to commercial and multifamily property owners… Read more