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Manhattan’s Office Vacancy Level at New Record High

Manhattan’s Office Vacancy Level at New Record High

by Phil Hall | Jul 5, 2023 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Manhattan’s office property market broke a record in the second quarter, with a new high of 70 million square feet of available space. According to a data report by Savillis, the availability rate rose by 20 basis points in the second quarter to 19.7%, the highest...
‘Wolf of Airbnb’ Offers Guilty Plea for Wire Fraud

‘Wolf of Airbnb’ Offers Guilty Plea for Wire Fraud

by Phil Hall | Jun 26, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Konrad Bicher, the self-proclaimed “Wolf of Airbnb,” pled guilty to wire fraud in connection with a three-year scheme for fraudulently using Manhattan apartments as short-term rentals. Starting in early 2019, Bicher and his collaborators began to rent Manhattan...
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