Landlords kicked when they’re down, says RSA
New York’s biggest rent regulated landlord group has accused the city of using the ongoing pandemic crisis as an excuse to kick them when they’re down.  After the Rent Guidelines Board voted to freeze rents on one mi.....»»
One million construction workers axed in April
Construction employment declined by 975,000 jobs in April as a new survey by the Associated General Contractors of America and data from construction technology firm Procore show deteriorating demand for con.....»»
Hampshire JV pays $31M for NJ shopping center
Hampshire US REIT (UHREIT) and joint venture partner MCB Real Estate has acquired Lawnside Commons, a 151,076 s/f shopping center at 310 White Horse Pike in Lawnside, NJ, for $31.55 million. Lawnside Co.....»»
Most Americans still paying their rent, says Housing Council
The National Multifamily Housing Council (NMHC)’s Rent Payment Tracker found 80.2 p.....»»
Cuomo extends eviction moratorium, promises help for landlords
Governor Andrew Cuomo has extended New York’s eviction moratorium through August 2.....»»
Bow Street pushes four more members on Mack-Cali
The battle between Mack-Cali and Bow Street took another turn today as the minority shareholder made a call for new leadership at the REIT and named a slate of new nominees for the board. Bow Street’s nominees include its own Akiva Katz, Mahbo.....»»
Chipotle expands in Manhattan as it breaks it own online records
Chipotle Mexican Grill has signed lease for two new retail spaces in Manhattan as the chain breaks its own digital sales records. Winick Realty Group’s  Kenneth Hoc.....»»
Marx Realty unveils post-COVID-19 plan for 545 Madison
Marx Realty (MNPP) announced a $24 million repositioning strategy of its 18-story office building at 545 Madison.....»»
Jeff Hubbard exits Massey’s B6 for A&G Real Estate
A&G Real Estate Partners today announced the creation of a Structured Investment Sales Di.....»»
State’s public housing authorities to share $42M HUD funding
New York’s public housing authorities will share in $42 milli.....»»
LI department store to become last-mile warehouse
CBRE has been retained by Sanders Equities as the exclusive .....»»
Shopping center owners roll out re-opening plans
Shopping center owners are set to roll-out curbside pickup programs as part of New York’s phased re-opening. Under Governor Andrew Cuomo’s phased reopening plan, the state coul.....»»
Eastern Union arranges $15M construction loan
Eastern Union, one of the country’s leading commercial real estate finance firms, has arranged $15.5 million in financing toward construction of a ground-up, 1,115-unit self-storage facility in Perth.....»»
Lenders to borrowers: If you need help, ask
More than half of mortgage .....»»
Owners make case for raising rents
The Real Estate Board of New York is calling for a minimum of a 2.4 percent increase on rent stabilized rents, claiming tha.....»»
Stringer says NYC shortchanged by Trump
New York City Comptroller Scott Stringer is calling on the federal government to deliver more relief to the city as it claws its .....»»
Landmines borrowers and lenders need to avoid when negotiating abatement and deferrals
In the midst of the current economic deep distress, there are, and will continue to be, countless communications from tenan.....»»
Hines, NPS buy $492M share of One Madison Avenue
SL Green has sold a 49.5 percent interest in One Madison Avenue to the National Pension Service of Korea and Hines Interest LP . NPS and Hines have committed aggregate equity to the project totaling no less than $492.2 million. SL Green .....»»
Co-living brand gets into workforce housing
Common, the co-living company backed by a $1 billion investment fund, has launched a new workforce housing brand, Noah Living. Noah, p.....»»
Industry looks to feds as renters stage strike
The Real Estate Board of New York is calling on the federal government to launch an emergency rental assistance program that would help both tenants and property owners fighting financial ruin during the coronavirus pandemic. â.....»»