Featured Real Estate News
Alexander Brothers Found Guilty of Sex Trafficking
Luxury real estate brokers Tal and Oren Alexander and their brother Alon were convicted on federal sex trafficking charges. According to combined media reports, the brothers were found guilty after a five-week trial in which prosecutors called 10 rape accusers to...
Alexander Brothers Found Guilty of Sex Trafficking
More than 60 women say they were raped by one or more of the brothers. Continue Reading Alexander Brothers Found Guilty of Sex Trafficking
US and Pakistan Sign MoU to Renovate Historic NYC Hotel-Turned-Migrant Center
The US and Pakistan governments have signed a Memorandum of Understanding (MoU) for the renovation of New York City’s historic Roosevelt Hotel, which has been vacant since June after operating for three years as a migrant center. The agreement was negotiated by US...
Boston Approves New Seaport District Hotel Across from Menino Center
DGH Hotel Partners JV LLC, a joint venture between Global Hospitality Investment Group and an unnamed global investment management firm, has received approval from the Boston Zoning Commission for a new hotel in the city’s Seaport District, across from the Thomas M....
Hits and Misses for the Real Estate Week of Feb. 16-20
A proposed property tax hike in New York City, a California lawmaker fighting for homeowner insurance rights, and a hotel executive forced out of his job because of a toxic friend. From the wild and wooly world of real estate, here are our Hits and Misses for the week...
News & Current Events
Home Builders Renew Exemption Call on Building Materials as Trump Plans Global 10% Tariff
The National Association of Home Builders (NAHB) renewed its call to exempt building materials from his renewed tariff targeting after the Supreme Court voted 6-3 to reject President Trump’s expanded use of the International Emergency Economic Powers Act (IEEPA) for...
Drop in Pennsylvania Home Sales and Prices Blamed on Severe Winter Weather
Last month, Pennsylvania home sales decreased to 4,560, down 45% from December and down nearly 36% year-over-year. Continue Reading Drop in Pennsylvania Home Sales and Prices Blamed on Severe Winter Weather
New York State Home Sales Declined 7.5% in January
The statewide median sales price rose 7.2% year-over-year to $445,000. Continue Reading New York State Home Sales Declined 7.5% in January
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NYC Mayor Mamdani Backpedals on Promise to Expand Housing Voucher Program
He blamed the administration of his predecessor, Eric Adams, for his change in direction. Continue Reading NYC Mayor Mamdani Backpedals on Promise to Expand Housing Voucher Program
SBA Issues Guidance to Speed Rebuilding in LA Communities Destroyed by Wildfires
The SBA said residents can immediately begin rebuilding using $3.2 billion in federal disaster relief that has been approved for the region. Continue Reading SBA Issues Guidance to Speed Rebuilding in LA Communities Destroyed by Wildfires
Saks Off 5th to Close Most of its Stores
Saks Global is also closing the five remaining Last Call stores that served as a discount venue for Neiman Marcus. Continue Reading Saks Off 5th to Close Most of its Stores
Hanover Bancorp Names New Chief Commercial Real Estate Lending Officer
Newham was most recently executive vice president and group leader of commercial real estate lending at Dime Community Bank. Continue Reading Hanover Bancorp Names New Chief Commercial Real Estate Lending Officer
Trump Nominates Kevin Warsh to Become Next Federal Reserve Chairman
Warsh previously served as a governor on the Fed’s Board of Governors from 2006 through 2011. Continue Reading Trump Nominates Kevin Warsh to Become Next Federal Reserve Chairman
A Phil Hall Op-Ed: When Political ‘Protesters’ Damage Commercial Property
While the Constitution guarantees the right to peaceably assemble, it does not guarantee the right to physically or economically destroy someone else’s business. Continue Reading A Phil Hall Op-Ed: When Political ‘Protesters’ Damage Commercial Property