NYC Real Estate News

Thu, 07/02/2020 - 06:00
Contractors have been allowed to go back to work since early June, but coronavirus protocols will probably make any apartment renovation take longer than usual.
Thu, 07/02/2020 - 05:30
Brooklyn Hospital Center is partnering with New York Cancer & Blood Specialists on a facility in Downtown Brooklyn, with the independent practice group managing the oncology services for the...

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Thu, 07/02/2020 - 05:00
Feeling cramped in his co-op studio, a retiree shoots for his ‘bucket-list apartment’ in one of New York City's shiny new towers. Here’s where he landed.
Thu, 07/02/2020 - 00:01
Since the coronavirus shut the city down, the number of sales in Manhattan dropped 54 percent and the median price fell to $1 million.
Wed, 07/01/2020 - 17:50

A three-story building at 348 Court Street in Brooklyn collapsed Wednesday evening. The New York City Fire Department received reports of the crumbled structure at 5 p.m., according to a spokesperson for the department. One person was inside the Carroll Gardens building just before it collapsed and suffered minor injuries, according to Council member Brad Lander. Property records indicate that the building is owned by Union & Court Realty Corp., an entity tied to Kihyo

The post Building collapses in Brooklyn: FDNY appeared first on The Real Deal New York.

Wed, 07/01/2020 - 17:30

With coronavirus cases on the rise again, Gov. Gavin Newsom has ordered Los Angeles County to shut indoor dining at restaurants for three weeks, another blow to business owners following the recent reopenings. Newsom’s order on Wednesday took effect immediately and includes 19 counties throughout the state, according to the Los Angeles Times. The governor also ordered movie theaters to close, along with wineries, zoos and museums, all of which had been recently reopened. Restaurants

The post LA County ordered to shut indoor dining for 3 weeks as Covid cases climb appeared first on The Real Deal New York.

Wed, 07/01/2020 - 17:13

The speeches began shortly after 10 p.m. and dragged on for more than two hours. One City Council member after another explained why they were supporting or opposing the city’s $88 billion budget. Most of them talked about defunding the police. Many cheered programs for young people that had been saved. But only one even alluded to the 21,000 units of affordable housing eliminated from the original spending plan. (Brad Lander lamented the $2.3 billion

The post Why the City Council abandoned affordable housing appeared first on The Real Deal New York.

Wed, 07/01/2020 - 16:00

When coronavirus slammed Manhattan’s office leasing market at the end of the first quarter, it was enough to drag quarterly leasing activity to a seven-year low. Now that numbers are out for the first full quarter in the shadow of Covid-19, things look even worse. Manhattan office leasing activity in the second quarter of 2020 totalled just 3.18 million square feet, according to the latest quarterly report from Colliers International. That’s half what it was

The post Bad to worse: Manhattan office leasing sees slowest quarter since 2009 appeared first on The Real Deal New York.

Wed, 07/01/2020 - 15:58
With no plans to hold performances until 2021—and that’s at the earliest —Broadway and other iconic performance venues are tackling how to make ends meet during their extended shutdown. Executives...

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