NYC Real Estate News

Tue, 10/26/2021 - 14:15

Investors purchased $193 billion in commercial real estate during the third quarter, marking a reported record that surpassed pre-pandemic spending by 19%. Apartment buildings, life-science labs, and industrial spaces to support the e-commerce boom drove the record period, according to data from Real Capital Analytics reported by the Wall Street Journal. The report notes sales of the properties surged so much, they canceled out shrinking office and retail markets and defied dire predictions of the

The post CRE has biggest-ever sales quarter appeared first on The Real Deal New York.

Tue, 10/26/2021 - 14:09
The marketing tech firm is about to add to a record-setting string of New York companies going public

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Tue, 10/26/2021 - 13:57
Jack Ezon and Sion Betesh are buying 44 W. 37th St.  

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Tue, 10/26/2021 - 13:51
The Hospital for Special Surgery will occupy half of the 400,000-square-foot building

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Tue, 10/26/2021 - 13:38
Nonprofit founder taps in to humor to make treatment more bearable

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Tue, 10/26/2021 - 13:30

A significant change could be coming to the Community Reinvestment Act in New York. The state Senate delivered a bill to Gov. Kathy Hochul on Friday that would expand the requirements of the state program to non-depository lenders. Hochul has 10 days to sign or reject the bill; HousingWire reports that the mortgage industry expects her to ink it. The Community Reinvestment Act compels banks to lend adequately in communities where they take deposits. Several

The post Hochul weighing expansion of Community Reinvestment Act appeared first on The Real Deal New York.

Tue, 10/26/2021 - 13:30
When you’re buying in New York City, one of the documents you will need to obtain is the certificate of occupancy, which is sometimes shortened to C of O, or sometimes just CO. This document identifies how a building can be used, for example, how the building is zoned for use—be it...
Tue, 10/26/2021 - 13:21
Extell Development scores a new anchor tenant, and the former home of the American Stock Exchange trades hands

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Tue, 10/26/2021 - 12:50
Mayor Bill de Blasio and DOT Commissioner Hank Gutman cut the ribbon on new open space on Broadway in the Flatiron District on Monday, October 25, 2021. Michael Appleton/Mayoral Photography Office. Mayor Bill de Blasio and Department of Transportation Commissioner Hank Gutman have announced more improvements coming to the city’s streets, including six blocks of Broadway that will be fully dedicated to pedestrians or modified so that cars, cyclists, and pedestrians can share the street. The DOT’s “Broadway Vision” will reimagine 12 blocks of the Manhattan street as shared public street space. The new shared streets include two blocks of […]
Tue, 10/26/2021 - 12:49
Great Jones Distilling Co. and other local businesses hope to capitalize on the liquid’s reputation

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