NYC Real Estate News

Tue, 01/31/2023 - 13:56

Unmarried, working adults now pay more to rent a studio apartment than residents of any other U.S. city

Tue, 01/31/2023 - 13:56

Unmarried, working adults now pay more for a studio apartment than residents of any other U.S. city

Tue, 01/31/2023 - 13:30

New York Community Bank slashed 10 percent of its staff last week as rising rates sapped residential mortgage activity. The bank is a major lender to New York multifamily building owners. But what drove the cuts was its December acquisition of Flagstar, one of the largest residential mortgage servicers in the country. Nationally, originations fell 46 percent last year and are expected to slip another 25 percent in 2023, CEO Thomas Cangemi said during a

The post NYCB slashes 10% of staff as resi mortgages slump appeared first on The Real Deal New York.

Tue, 01/31/2023 - 13:27

From Hudson Yards to Willets Point, these are the leading contenders

Tue, 01/31/2023 - 12:58

Institutions are pulling out because they want to be judged on more wide-ranging criteria including student diversity and commitment to social justice

Tue, 01/31/2023 - 12:55

A Bronx multifamily portfolio trades hands, and a charter school network lands more than $200 million in financing

Tue, 01/31/2023 - 12:45

Legal challenges on broker commissions models could spell chaos for the real estate industry, Jason Oppenheim. The founder of the eponymous brokerage based in Los Angeles and star of Netflix’s “Selling Sunset” described a dire forecast to Yahoo Finance of what changes could come for agents. “We’ve got federal regulators and a couple of lawsuits coming down the pipeline that at worst case could be an armageddon for real estate agents,” Oppenheim said on the

The post Commission suits could spell “armageddon”: Jason Oppenheim appeared first on The Real Deal New York.

Tue, 01/31/2023 - 12:27

The organization is building its new high school on Canal Street West in the South Bronx neighborhood

Tue, 01/31/2023 - 12:15
This rendering shows a 20-foot-tall proposed floodwall along the Hudson River at Huron Street in the West Village. Image: Army Corps of Engineers. Late last year, the U.S. Army Corps of Engineers released the $52 billion proposal that will represent the most comprehensive effort to date to protect the city from storm surges and the only existing plan for protecting the entire New York Harbor area. The Army Corps recently revealed a new series of renderings that provide a visual glance at how some of these projects might transform the New York City waterfront. Renderings show barriers, gates, sea walls, and raised promenades at Flushing […]
Tue, 01/31/2023 - 12:10

CEO Alex Mashinsky reaped $68.7 million in gains while insiders bailed