NYC Real Estate News

Mon, 09/26/2022 - 14:32

Nikhil Krishnan's Out-of-Pocket uses memes and humor to explain industry trends

Mon, 09/26/2022 - 14:30
Photo of 2019 Village Halloween Parade by Steven Pisano on Flickr It’s time to figure out your costume because Halloween is almost upon us. In New York City there is no shortage of fun events celebrating the spooky holiday, with plenty of opportunities to dress up, get candy, dine, and enjoy the season. Ahead, we found some of the city’s best Halloween offerings this year, from the legendary Village Halloween Parade to more low-key pumpkin picking at Historic Richmond Town’s Decker Farm on Staten Island. Image courtesy of Blood Manor Spooky tours & haunted happenings Blood Manor 359 Broadway, Manhattan New […]
Mon, 09/26/2022 - 14:00

New York’s office market is still trying to find its footing after the pandemic crushed it. While some newer buildings are attracting tenants anew, older buildings are being forgotten. The stretch along Third Avenue from 42nd Street to 59th Street is becoming a stark example of the downside to the city’s ongoing flight to quality, Bloomberg reported. While Savills pins the city’s office vacancy rate at 19 percent, it’s 29 percent on the 17-block corridor

The post Third Avenue: The land of “leave-behind” appeared first on The Real Deal New York.

Mon, 09/26/2022 - 13:51

A short-term-rental company leases the Tuscany Hotel, and a trio of Bronx industrial sites sells

Mon, 09/26/2022 - 13:37

A putrid smell has allegedly caused financial damage to the store

Mon, 09/26/2022 - 13:06

Luxury residential real estate has been roiled by economic uncertainty in recent months, but high-end contracts in Manhattan appear to be holding steady, staying on par with previous years. The borough saw 16 contracts signed last week, a tick down after the market closed out the summer with a few high notes. Historically, Manhattan’s luxury contracts have struggled and fallen flat early in the third quarter, but this September is falling in line with previous

The post Manhattan luxury contracts hold steady in September appeared first on The Real Deal New York.

Mon, 09/26/2022 - 13:01

The developer's argument is that tenants should be punished and not landlords

Mon, 09/26/2022 - 12:45
Photo credit: MW Studio Mindy Kaling is selling her stylish Soho pied à terre for $2,750,000. “The Office” actress paid $3,100,000 in 2017 for the apartment, which is located on the sixth floor of 210 Lafayette Street. The renovated home measures nearly 1,200 square feet and has two bedrooms, two baths, and unobstructed city views. Soon after Kaling purchased the home, she hired designer Sally Gotfredson and The Studio at One Kings Lane to revamp the space. As Elle Decor described in a 2017 article, the actress-writer-producer chose a natural palette with layers of “midcentury-meets-Moroccan elements.” The bright and airy open-concept living area boasts wall-to-wall windows, 10-foot […]
Mon, 09/26/2022 - 12:21

This is the first challenge to an airline partnership since Biden called out the industry last year for potential violations

Mon, 09/26/2022 - 11:29

The latest shortage wreaking havoc on the country? Land. Developers are increasingly struggling to find suitable land for residential developments, the Wall Street Journal reported. Land-use restrictions such as zoning and infrastructure issues are among the challenges making it difficult to find sites near major metropolitan areas. With scarcity comes inflated prices. Morris Davis, a professor of finance at Rutgers Business School, pegs national residential land to cumulatively be worth more than $20 trillion. Davis

The post Zoning, infrastructure limits are squeezing US land supply appeared first on The Real Deal New York.