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A Phil Hall Op-Ed: Addressing New York City’s Housing Problem

A Phil Hall Op-Ed: Addressing New York City’s Housing Problem

by Phil Hall | Sep 25, 2023 | A Phil Hall Op-Ed, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A Phil Hall Op-Ed: It would be kind to say that Eric Adams’ tenure as mayor of New York City has been something of a mess. Indeed, Adams’ failings since becoming mayor in January 2022 have been so severe that even President Biden didn’t want to be seen with him last...
Bids Welcomed on NYC Hotel in Bankruptcy Sale

Bids Welcomed on NYC Hotel in Bankruptcy Sale

by Phil Hall | Sep 11, 2023 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Hilco Real Estate LLC announced Sept. 27 will be the qualified bid deadline for the Chapter 11 bankruptcy sale of the 15-story Hudson River Hotel in New York City. Located at 442 West 36th St., the 56-room hotel was built in 1999 and features a newly renovated lobby...
Bill On Broker Payments Creates Political Scuffle in NYC Council

Bill On Broker Payments Creates Political Scuffle in NYC Council

by Phil Hall | Aug 16, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A bill before the New York City Council that would reassign the responsibility for paying real estate broker fees has resulted in complex maneuvering after a real estate trade group reportedly attempted to block it from being heard. The New York Daily News reported...
Condo In NYC’s Billionaires’ Row Sells For Roughly $80 Million

Condo In NYC’s Billionaires’ Row Sells For Roughly $80 Million

by Phil Hall | Aug 16, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A condominium apartment in New York City’s Billionaires’ Row has reportedly sold for about $80 million. The Wall Street Journal, sourcing its coverage from “two people familiar with the situation,” reported the 8,000-square-foot apartment at 220 Central Park South was...
Hits and Misses for the Real Estate Week of Aug. 7-11

Hits and Misses for the Real Estate Week of Aug. 7-11

by Phil Hall | Aug 11, 2023 | Commercial Real Estate News, Hits and Misses, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Rental housing designed to stress your budget, a municipal fine against Elon Musk that is not stressing his wallet and a Chinese property developer who is stressing investors. From the wild and woolly world of real estate, here are the hits and misses for this week....
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