NYC Real Estate News

Thu, 07/02/2020 - 10:00

George Floyd died in Minneapolis on May 25 after being pinned down by three police officers — one of whom kept his knee on Floyd’s neck for eight minutes and 46 seconds. Footage of the brutal arrest sparked outrage across the county, setting off a wave of protests against police brutality and racism. Major cities such as New York and Los Angeles saw some of the most heated demonstrations. The protests in some cases were

The post Revolts and reopenings: Gateway cities look to reestablish themselves in the era of Covid-19 appeared first on The Real Deal New York.

Thu, 07/02/2020 - 09:36
Rendering the civic park at Innovation QNS courtesy of ODA A proposal to build a mixed-use district in Queens that would encompass five blocks and create thousands of new housing units was unveiled this week. Dubbed “Innovation QNS,” the $2 billion project would bring 2,700 units of mixed-income housing, 250,000 square feet of creative office space, 200,000 square feet of retail, a new school, two acres of public open space, and new neighborhood amenities to Astoria. With ODA Architecture as the architect of the master plan, the mixed-use district is a joint private venture led by Silverstein Properties, Kaufman Astoria Studios, BedRock Real Estate Partners. The site spans […]
Thu, 07/02/2020 - 09:15

President Trump’s latest announcement regarding his plans for fair housing regulations came in the form of a Tuesday night tweet, Business Insider reported. The president took aim at the Obama-era Affirmatively Furthering Fair Housing (AFFH) mandate, which his administration had suspended in early 2018 until this year. “At the request of many great Americans who live in the Suburbs, and others, I am studying the AFFH housing regulation that is having a devastating impact on

The post Trump tweets that he “may END” Obama-era fair housing regulation appeared first on The Real Deal New York.

Thu, 07/02/2020 - 09:00
This week’s properties are in Ditmas Park, Jackson Heights and on Park Avenue South.
Thu, 07/02/2020 - 09:00
This week’s properties are in Ditmas Park, Jackson Heights and on Park Avenue South.
Thu, 07/02/2020 - 09:00
This week’s properties include a three-bedroom in White Plains, N.Y., and a five-bedroom in Fairfield, Conn.
Thu, 07/02/2020 - 09:00
This week’s properties include a three-bedroom in White Plains, N.Y., and a five-bedroom in Fairfield, Conn.
Thu, 07/02/2020 - 08:45

As its anticipated early July IPO date draws nearer, home insurance provider Lemonade is raising its share price once again. A new filing from the SoftBank-backed insurer says that it will sell 11 million shares at $29 apiece, Bloomberg reported. The company had previously raised its price range to $26 to $28 from an earlier target of $23 to $26. The new share price would raise $319 million and give Lemonade a market value of

The post SoftBank-backed Lemonade raises IPO target to $319M appeared first on The Real Deal New York.

Thu, 07/02/2020 - 08:44
U.S. employers added a substantial 4.8 million jobs in June, and the unemployment rate fell to 11.1%, as the job market improved for a second straight month yet still remained far short of regaining...

To view the full story, click the title link.
Thu, 07/02/2020 - 08:00
YIMBY has the exclusive reveal for new renderings of Ismael Leyva Architects' 606 West 30th Street, a 545-foot-tall mixed-use skyscraper on the border of West Chelsea and Hudson Yards. Also referred to as Tower B in a two-building development along with 601 West 29th Street, the project is being developed by Lalezarian Properties and will yield 312,350 square feet. Of that, 192,780 square feet will be designated to residential space and 14,240 square feet for commercial use. The program will feature both condominiums and rentals, but the exact breakdown not been announced yet.