Big chain retailers and restaurants are putting their landlords on notice. Both U.S. and international chains are informing their landlords that they need to reduce rent or cut payments, Bloomberg reported. Last week, Mattress Firm, which…
WeWork is trying to keep its locations staffed by offering a $100-per-day incentive. The co-working company has left many of its locations open, arguing that some of its tenants provide essential services. Now, WeWork is now…
The economic impact of coronavirus has hit Realogy — but not in the form of layoffs. The brokerage giant will temporarily cut the salary and work week of a “majority of our employees,” the company disclosed…
Two Manhattan politicians are calling for measures to give renters and landlords a respite. Assembly member Harvey Epstein proposed a bill Tuesday that would cancel this year’s Rent Guidelines Board rent increases and freeze rents on…
A pandemic is rocking the real estate industry, and its effects are unprecedented. With New York under threat of shelter-in-place and real estate stocks tanking, The Real Deal is committed to keeping readers connected to the…
To the Real Estate Community: This is a difficult time for the industry. If 2020 didn’t already feel hard enough as a real estate professional with a sluggish market, rent reform laws, broker fees lawsuits,…
Randall Yanker is willing to pay you to get his apartment sold. The financier is offering $100,000 to the broker who brings him a buyer with a fully-executed contract to purchase his penthouse at the Ritz-Carlton…
The largest outer borough loans last month were for projects ranging from a massive mixed-use development in Clinton Hill to a new film studio from Robert De Niro and friends in Astoria. The loan for the…
The 10 largest Manhattan loans recorded in February totaled $1.7 billion, a third less than January’s total. During this relatively slow month, Gary Barnett’s Extell Development closed on two loans in the top five, including the…
Lofty units with Central Park views dominated last week’s priciest listings. Combined, the top five listings in New York City totaled $127.7 million, that’s $20.7 million more than the previous week’s total. Here’s a look at…