NYC Real Estate News

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...

To view the full story, click the title link.
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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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...

To view the full story, click the title link.
Wed, 04/08/2020 - 11:14
New York City needs fewer ventilators each day than it thought it would, the mayor said Wednesday, an indication that the spread of the contagion could be slowing. The city previously projected it...

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Wed, 04/08/2020 - 11:11

Only 69 percent of tenants paid rent in the first five days of April — a 12-point drop from the same period last month. From March 1-5, some 81 percent of tenants paid at least some rent, and the figure was 82 percent in the initial days of April a year ago over the 13.4 million rental apartments tracked by several data firms, the National Multifamily Housing Council reported. The council, despite the 15 percent

The post Early April sees 15% drop in rent-paying nationwide: report appeared first on The Real Deal New York.

Wed, 04/08/2020 - 11:08
The Federal Reserve will announce details this week on a lending program for mid-sized businesses hurt by the coronavirus, Treasury Secretary Steven Mnuchin said. Congress directed the Fed to create...

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