An unlikely new site for affordable housing, a spike in CMBS delinquencies and a very long wait to sell a home. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Dec. 30-Jan. 3. Hit: A Trashy Solution. New York City is taking a...
New York City is taking at trashy approach to its housing shortage – an old garage for garbage trucks is being converted into a 232-unit development. According to The Gothamist, the 115,000-square-foot garage on Staten Island will become an affordable housing complex...
NAR takes on Phoenix Realtors, Elizabeth Warren takes on Elon Musk and no one is taking a Frank Lloyd Wright house. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Dec. 23-27. Miss: Picking the Wrong Fight. The legal eagles...
The Real Estate Board of New York (REBNY), a lobby group representing New York City brokerages and landlords, has filed a lawsuit in federal court to block a new law that would end the local practice of tenants paying upfront broker fees to agents who list apartments...
The Pierre, a historic five-star hotel overlooking New York City’s Central Park, is being marketed for sale. According to a Bloomberg report sourced from unnamed “people familiar with the matter,” the landmark lodging property features 189 hotel rooms, restaurants and...