Commercial Real Estate
City Hall pauses 'fishy' lease agreement with Adams donor following cries of 'corruption' from NYC Council
Connor Martinez, the director of legislative affairs in the mayor's office, sent an email on Nov. 12 to the concerned councilmembers confirming the city lease at 14 Wall Street had...
Marc Lore's food delivery service Wonder is making smart use of NYC's vacant storefronts
Wonder is revolutionizing more than just cuisine in New York City. Since launching last year, the food delivery and take-out company has repurposed 19 vacant storefronts across Manhattan, Queens and...
Former Trader Joe's 'Two-Buck Chuck' winery — now a luxury Napa estate — hits the market for $35M
A piece of wine history is up for grabs.
Top real estate firm hires more than 1,400 veterans: 'Best in class'
Commercial real estate firm Cushman and Wakefield has its eye on a particular type of hire: veterans.
Homeowners have gained almost $150K in wealth over the past 5 years
If you own a home, congratulations: You likely gained six figures in equity since 2019.
This Texas metro area was named the hottest spot for real estate investment in 2025
This North Texas metroplex has just been crowned the US's top spot for investment and development, according to PricewaterhouseCoopers and the Urban Land Institute.
Real estate mogul barred from collecting rent at Chrysler Building in eviction battle against Cooper Union
The stinging setback comes after Rosen sued the venerable college, which owns the land under the iconic Art-Deco skyscraper, following its move to evict his company RFR on Sept. 27.
Mayor Adams' crony approves lucrative NYC real-estate leases that reek of 'corruption,' rages councilman
Jesse Hamilton -- a former state senator and longtime friend of Adams -- was a no-show at a hearing called by Councilman Lincoln Restler over his management of the city's...
As firms compete for luxury office space, it's feast or famine for building owners
It's a tale of two cities. While ultra-luxury office towers in hot ’hoods are seeing massive asking rents of up to $300 per square foot, side-street buildings are lucky to...
It's alive! Manhattan's long vacant retail spaces are finally rising from the dead
The corpses of big retailers — some decades old — haunt the streets of Manhattan. Now, a few are finally being brought back to life. The blight was particularly gory...
Visionary developers are building tricked-out new office towers to tempt powerful tenants
NYC’s office market is still in hot water, but as trophy towers see renewed demand, some visionary developers are building new-construction, best-in-class workspaces. Here’s a look at the three newest...
Top 10 cities with the lowest cost of living — here's where you get the most for every dollar
Americans are feeling the financial pinch on all sides: Whether it’s the high cost of housing, home insurance, utilities, gasoline, or even groceries.
NYC's most iconic buildings are plummeting in value and savvy investors are gobbling up the deals
New York City is for sale — and it’s going for bargain basement prices. Now, the selling spree is spurring a buyer feeding frenzy that even the city’s most iconic...
The largest fountain in the city can now be yours for $5M a year
The next brand to lease the former bank space at 1251 Ave. of the Americas for a mere $5 million per year will also make a splash by using its...
Vying for a Manhattan forever-home, retailers are racing to buy their storefronts
Prime city retail storefronts are so rare that businesses are opting for the nuclear option — buying. Kering and Prada bought their stores on Fifth Avenue last year for $835...
Despite swath of luxe new openings, NYC's hotel industry isn't out of hot water, experts say
New York City hotels are thriving. They’re also in crisis. It all depends on what metrics you rely on —but it’s fair to say that both statements are true. The...
Let Penn Station live! Why I celebrate NYC's ugly, overcrowded and dysfunctional labyrinth
Penn Station may never again evoke the glory of its disappeared original, but the new version is no longer deserving of widespread derision.
A billion square feet of new housing space to emerge in cities as America's office market faces a major crisis
America's office market is on the edge of a massive shake-up as rising debt and the permanent shift to remote work leave countless properties struggling.
Daughter of teachers' union boss has $165K job in city agency under probe
Meghan Mulgew is “Senior Advisor to the Executive Deputy Commissioner of Asset and Property Management" in the city’s Department of Citywide Administrative Services.
The Mormon Church, a massive landholder, just expanded its $2B US farmland portfolio across 8 states
The Mormon Church is expanding its real estate empire with a massive $289 million deal for 46 farms across eight states.