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As rent strike looms, lenders and landlords confront wave of delinquencies
New York Community Bancorp, the city’s largest lender to apartment<…; landlords, said up to 20% of tenants in its rent-regulated buildings aren’t paying rent—which is actually a better rate than... To view the full story, click the title link......»»
Property owners amp up online services for apartment residents
With the entire state of New York now under coronavirus lockdown, the closing of society has also oozed its way indoors, shuttering common areas in buildings like gy.....»»
Golf homes are making a comeback in the US by resorting to the same tactic luxury apartment buildings are leaning into: a wide and wild array of amenities
FloridaStock/Shutterstock Golf homes are making a comeback, the president of Sotheby's International Realty told The New York.....»»
From fitness to bowling alleys: How commercial office buildings are differentiating themselves through amenities
Historically, New York commercial buildings have not needed to offer amenities to stand out. The city served as the office backyard, providing food, fitness, and sub-cellar bowling alley experiences. Now, buildings are full of them. The co.....»»
New York"s Commercial-Property Market Storms Back
Sales of the city’s office towers, apartment buildings, development sites and other properties rose 70% in the quarter from a year ago, signaling confidence in the New York real-estate market......»»
New York"s Commercial Property Market Comes Storming Back
Sales of the city’s office towers, apartment buildings, development sites and other properties rose 70% in the quarter from a year ago, signaling confidence in the New York real-estate market......»»
UPS tests "smart lock" technology in New York apartment buildings
United Parcel Service Inc on Tuesday said it is testing "smart lock" technology that allows its delivery drivers to open doors and drop multiple packages at secure locations inside apartment buildings aro.....»»
UPS expands keyless apartment-building entry pioneered in NYC
United Parcel Service Inc. is expanding a keyless-entry system for package deliveries at apartment buildings after a successful test in New York and San Francisco. The efficiency gains from not... To view the full story, click the title link......»»
REBNY members talk city real estate at 123rd annual banquet
United Parcel Service Inc. is expanding a keyless-entry system for package deliveries at apartment buildings after a successful test in New York and San Francisco. The efficiency gains from not... To view the full story, click the title link......»»
HPD adds 250 buildings to list of targeted slumlords
New York City Department of Housing Preservation and Development (HPD) Commissioner Maria Torres-Springer announced that 250 apartment buildings have be.....»»
Patriots" owner Robert Kraft sells NYC apartment for $22.5 million
Robert Kraft recently offloaded his luxury New York City apartment, and according to the Wall Street Journal, it went for a pretty penny. Its reported sale price was $22.5 million......»»
The US needs immigrants to fill jobs, but can"t house them. Nowhere makes this more clear than New York City.
As the US handles an uptick in asylum-seekers, pressure is mounting to solve the housing crisis. The NYPD 7th Precinct activated a Level 1 for crowd control as a large number of asylum-seekers sought shelter at 185 East 7th Street in Manhattan on Sa.....»»
How the potential sale of Gravity 2.0 fits in the Columbus office market
In the days since the listings for both the office and apartment buildings went live, market observers have highlighted several potential implications of the somewhat surprising move in conversation with Columbus Business First......»»
New York-based developer receives $9.4M loan to convert Burlington hotel into 135-unit apartment complex
The developer specializes in transforming former hotels and motels in affordably-priced apartments and has completed 23 hotel-to-residential conversions across 15 states......»»
Pearl Properties to start work on 50-story apartment tower in Rittenhouse Square
The developer has agreed to leave three historic buildings adjacent to the construction site untouched......»»
America"s cities had a way to escape the "doom loop." Then they blew it.
Cities like Denver, Boston, New York, and San Francisco are facing budget crunches as tax revenues from office buildings fall and.....»»
New York investment firm purchases two Southside apartment communities
These two apartment complexes sold to an investment firm known for risk-return multifamily investments......»»
After 2 years of applying for the NYC housing lottery, she finally won her bid. Now she pays $1,000 in rent for her Manhattan apartment.
In 2018, the odds of winning the affordable housing lottery were 1 in 592, per The New York Times. The living room is bright and airy.Nkenge BrownA millennial woman won the New York City affordable housing lottery after applying for two years......»»
Israel"s bombing of Gaza apartment buildings could be a war crime, human rights groups warn
Human rights groups have also said Hamas firing rockets into civilian areas in Israel amounts to a war crime. Heavy smoke and fi.....»»
California firm makes first Valley acquisition with $96M apartment purchase
Decron Properties owns buildings in California and Washington, and is planning to ramp up its Phoenix presence......»»