New York City
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
Mayor de Blasio Talks Building
The biggest worry many New Yorkers face is getting priced out of the city they love, according to New York… Read more
Montague Street Boasts New Landmarks
The New York City Landmarks Preservation Commission unanimously voted to designate the People’s Trust Company Building at 181 Montague St.… Read more
Wage Hikes, Rents Closes Top Restaurant
Annisa, a famed restaurant in Manhattan’s West Village, will close May 27 after nearly 17 years in business. Owner Anita… Read more
421-a Replacement Program Progresses
A new plan to renew New York City’s most important tax break for development is working its way through the… Read more
$1 for Prime Site in Harlem
New York City will give developers the vacant lot at 263-267 West 126th Street in Harlem for $1 to build… Read more
$139.4B from NYC Real Estate
The next time someone tells you that Wall Street runs New York City, perhaps share a few of these facts… Read more
Housing + Library in Inwood
Another New York City library could be transformed by new housing development, according to a proposal by city officials. The… Read more
Office Spaces for Artists in Lower Manhattan
Property owners are lending a little bit of office space to New York City artists, thanks to a program by… Read more
Big NYC Policy Changes Create Affordable Housing
Mayor Bill de Blasio’s plan to finance 200,000 new affordable housing units in 10 years is on track to succeed… Read more