New York City
NYC Imposes Curfew, Deploys Extra Police to Downtown BK, Lower Manhattan
Following looting during citywide protests over the death of George Floyd, a citywide curfew took effect Monday at 11 p.m.… Read more
NYC’s Finance Sector Won’t Recover Until 2026
New York City’s finance industry won’t recover from the economic impact of the coronavirus pandemic until 2026, Bloomberg News reported,… Read more
Starwood Capital Will Recapitalize TPG REIT
TPG RE Finance Trust (TRTX) has entered into a definitive investment agreement with an affiliate of Starwood Capital Group for… Read more
NYC on Target to Begin Reopening June 8
The last region of New York State to begin the process of exiting the lockdown brought about by the COVID-19… Read more
Quantum Real Estate Brokers $9M Sale of Providence Retail Property
Quantum Real Estate Advisors has arranged the $9 million sale of a single-tenant Walgreens located in Providence, R.I. Dan Waszak… Read more
Hudson Valley on Track to Begin Reopening; LI May Be Next
Gov. Andrew Cuomo said Saturday that New York City’s northern suburbs in the Mid-Hudson Valley were on track to begin… Read more
Staten Island Ferry Restored to Half-Hourly Service
Calling it a sign things are moving in the right direction, New York City Mayor Bill de Blasio said Thursday… Read more
RE Groups Call for Freeze on NYC Property Tax Rates
A diverse group of business and property owners, civic leaders and community advocates asked the de Blasio administration to provide property tax relief to offset rising expenses… Read more
NYC Apartment Landlords Pitch in with “Out-of-the-Box” Relief for Vulnerable Tenants
Since the COVID-19 pandemic spread to the U.S., New York City has been its epicenter. The city by itself has… Read more
Webinar: Three Regions, Three Views of Pandemic Recovery
By Paul Bubny Real estate, it is often said, is local. However, that’s especially true when it comes to navigating… Read more
REBNY Sees “Alarming” Decline in Transaction Tax Revenues
Tax revenue generated from investment and residential sales in New York City and New York State decreased by 48% from April… Read more
Berkadia Arranges Equity Recap for $138M Florida and Georgia MF Portfolio
Berkadia has arranged an equity recapitalization for a $138 million, 1,217-unit multifamily portfolio in Florida and Georgia. The portfolio is… Read more
5 Upstate NY Regions Begin Reopening; Some Beaches to Open with Restrictions
Five upstate New York regions have met all seven metrics to begin reopening, Gov. Andrew Cuomo said Friday. For New… Read more
NYC Resi Sales Decline Ahead of Pandemic
New York City’s total residential sales volume and total residential transactions decreased significantly in the first quarter to reach their… Read more
Greystone Arranges $65M Refi on LIC Apartments
Greystone provided a $65-million Freddie Mac loan to an affiliate of The Lions Group to refinance One LIC, a 20-story,… Read more
SRS Sells 7-Eleven Property in Pinellas Park for Record
SRS Real Estate Partners’ National Net Lease Group completed the $5.59 million sale of a newly constructed single-tenant, freestanding retail… Read more
Real Estate Leaders to Advise de Blasio on NYC Reopening
Mayor Bill de Blasio has added a 30-member group of New York City construction and real estate leaders to the… Read more
W&D Webcast: The Carlyle Group’s Youngkin on Maintaining a Global Perspective
Although the Carlyle Group’s headquarters in Washington, D.C. rather than New York City once seemed like a real point of… Read more
After Strong Q1 for NYC Multifamily, Ariel Sees “Minimal Activity” Ahead
New York City’s multifamily investment sales market wasn’t affected by COVID-19 in the first quarter, Ariel Property Advisors says in… Read more