NYC Real Estate News

Wed, 04/08/2020 - 13:10
The coronavirus has caused no shortage of and all over the city, but there are some organizations that have offered a glimmer of hope through the darkness. By offering wage increases and expanding...

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Wed, 04/08/2020 - 12:55
Zoom Video Communications Inc. was accused by a shareholder of hiding flaws in its video-conferencing app, part of a growing backlash against security loopholes that were laid bare after an explosion...

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Wed, 04/08/2020 - 11:48

The 10 largest Manhattan loans recorded in March totaled $2.5 billion, almost 50 percent above February’s total. Developer Michael Shvo closed on two loans that made the list, including the largest one — a refinancing for the Coca Cola building. 1) Shvoca Cola – $545 million A partnership led by Michael Shvo secured a $545 million loan from Goldman Sachs and Bank of America to refinance the Coca-Cola building. Shvo’s group — which includes Turkish

The post These were Manhattan’s largest real estate loans in March appeared first on The Real Deal New York.

Wed, 04/08/2020 - 11:38
Sen. Bernie Sanders, who saw his once strong lead in the Democratic primary evaporate as the party’s establishment lined swiftly up behind rival Joe Biden, ended his presidential bid on Wednesday, an...

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Wed, 04/08/2020 - 11:35
The lights will stay out on Broadway through at least June 7, though it will likely be even longer before the shows return to New York.  The Broadway League said Wednesday that it would extend...

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Wed, 04/08/2020 - 11:35
The lights will stay out on Broadway through at least June 7, though it will likely be even longer before the shows return to New York.  The Broadway League said Wednesday it will extend...

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Wed, 04/08/2020 - 11:32
Airbnb Inc. is in talks with investors to take on as much as $1 billion in additional debt after announcing a $1 billion debt and equity deal Monday, according to people familiar with the...

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Wed, 04/08/2020 - 11:30
Bradley Beach, NJ; Photo by Ryan Loughlin on Unsplash As the number of coronavirus cases in New Jersey continues to climb, state and city officials are furthering social distancing measures by closing public spaces across the state. Gov. Phil Murphy on Tuesday signed an executive order shuttering all state parks and forests, as well as county parks. A number of Jersey Shore towns have closed beaches and boardwalks, with some even banning short-term rentals to curb visits from out-of-towners. “My focus and our focus, our sole mission right now is the health of every New Jersey family,” Murphy said. “And we must not […]
Wed, 04/08/2020 - 11:24
A gauge of loan applications to purchase homes in the U.S. declined last week to the lowest since October 2015, a fourth straight decline that underscores the growing economic fallout from the...

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