Generous incentives, hope for pandemic's end help fuel NYC lease signings
Landlord concessions, historically low rents, and the coming of a vaccine have resulted in months of records for new-lease signings in this city.
3D printed house for sale on Long Island
A 3D printed house on Long Island is on the market.
Historic rent drops continue across NYC
According to experts, it will be 3-5 years until rents in some parts of New York City return to their pre-pandemic averages.
NYC residential rents will take years to rebound, experts say
Average December 2020 rent costs fell 16% in Manhattan, nearly 14% in Brooklyn, and more than 6% in Queens compared to December 2019.
Residents of Trump Plaza condominium in South Florida move to change building's name
The residents of a South Florida condo complex want former President Donald Trump's name officially removed from their home following the siege at the U.S. Capitol earlier this month.
Despite pandemic eviction bans, people are still losing their homes
The California eviction moratorium currently expires on January 31. Some people are losing housing despite the moratorium, and others who can't pay are harassed by landlords.
NYC COVID testing sites may soon expand into empty commercial real estate
The Real Estate Board of New York is planning to put some of that empty space to good use by placing rapid testing sites in vacant buildings.
Bill Gates becomes top US farmland owner
Microsoft founder Bill Gates is now the owner of the most farmland in the United States, according to Land Report.
Exodus from NYC squeezing surrounding housing markets
With many New Yorkers moving to neighboring Connecticut during the pandemic, especially Fairfield County, it's becoming more challenging for people to find affordable homes to buy.
NYC renters behind $1B on payments
New York City renters owe more than $1 billion in back rent according to a new survey.
Rich New Yorkers’ second homes targeted in proposed ‘oligarch’ tax
New York State lawmakers are weighing whether to tack on a property tax to the bills of local part-time homeowners.
Price drops $23 million on Jeffrey Epstein's NYC townhouse
The former Upper East Side mansion owned by Jeffrey Epstein the convicted sex offender who killed himself in jail while awaiting a new trial has reportedly had a big price cut.
With vaccine in sight, renters begin to return to NYC
There are bargains to be found if you're a renter, but commercial properties are taking a beating as the coronavirus pandemic continues to shake up the real estate market in New York City.
San Francisco rent plunges 35% as tech giants flee area
Apartment rents continue to drop in San Francisco as the pandemic and remote work question the desire for high-priced living.
Real estate firm leverages social media for its commercial clients
Current Real Estate Advisors helps clients find spaces that maximize sales and profit potential, which is also — in theory — what every other commercial real estate firm does.
Jeffrey Epstein’s Palm Beach mansion to be demolished
A Florida real-estate developer signed a contract to purchase the Palm Beach mansion from the estate of convicted sex offender Jeffrey Epstein -- but it will soon be no more.
Sold! New York developer buys iconic San Francisco Transamerica Pyramid
A New York developer paid $650 million for the property, which also includes two nearby buildings on Sansome Street.
Manhattan average rent falls below $3,000 for first time since 2011
The average rent in Manhattan has dropped below $3,000 for the first time since 2011.
NYC landlords call for financial relief
While tenants call for another extension to Governor Cuomo’s eviction moratorium, landlords in New York are seeking financial relief of their own.
