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...
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...
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...
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....
Living in the Big Apple is not for the financially faint of heart, as new data from Miller Samuel and Douglas Elliman recorded the average monthly Manhattan rent in July was $5,588, up 9% year-over-year and a new record. Manhattan’s median rent also set a new record...