Category: NY Real Estate

Landlords Face a Crisis After Years of Strong Growth

After witnessing over a decade of strong growth, landlords are now facing the worse real estate crisis since 2008. Even in the first months of the pandemic, areas of the country like Florida were able to benefit, as millions of Americans fled major metropolitan regions to more welcoming locations. Despite a temporary drop in tenants in…


Retail Is the Lifeblood of America’s Cities, and It’s in Crisis

Commentary Whole server racks (the equivalent of whole forests in the print era) have been sacrificed to stories about “The Retail Apocalypse” and the “Death of Retail.” All the stories present a binary view: retail is dead; retail isn’t dead. The truth lies somewhere in between. Retail, broadly speaking, is doing well. But retail covers…


LIVE 10:30 AM ET: NYC Real Estate Expo Opens at Citi Field

New York City Real Estate Expo opens at Citi Field on May 10. We will livestream some of the programs. 1. 10:30–11 a.m. | Metropolitan Grille: The Future of Real Estate 2. 12–1 p.m. | Citi Auditorium: What is Trending in NYC Residential Real Estate Right Now… 3. 1:30–2:30 p.m. | Metropolitan Grille: The Future…


LIVE 1:30 PM ET: NYC Real Estate Expo Opens at Citi Field

New York City Real Estate Expo opens at Citi Field on May 10. We will livestream some of the programs. 1. 10:30–11 a.m. | Metropolitan Grille: The Future of Real Estate 2. 12–1 p.m. | Citi Auditorium: What is Trending in NYC Residential Real Estate Right Now… 3. 1:30–2:30 p.m. | Metropolitan Grille: The Future…


LIVE NOW: NYC Real Estate Expo Opens at Citi Field

New York City Real Estate Expo opens at Citi Field on May 10. We will livestream some of the programs. 1. 10:30–11 a.m. | Metropolitan Grille: The Future of Real Estate 2. 12–1 p.m. | Citi Auditorium: What is Trending in NYC Residential Real Estate Right Now… 3. 1:30–2:30 p.m. | Metropolitan Grille: The Future…


NYC Real Estate Expo Opens at Citi Field

New York City Real Estate Expo opens at Citi Field on May 10. We will livestream some of the programs. 1. 10:30–11 a.m. | Metropolitan Grille: The Future of Real Estate 2. 12–1 p.m. | Citi Auditorium: What is Trending in NYC Residential Real Estate Right Now… 3. 1:30–2:30 p.m. | Metropolitan Grille: The Future…


De Blasio Argues ‘MAGA Extremism’ Will Be Florida’s Achilles Heel

During a debate that pitted Florida against New York, former New York City Mayor Bill de Blasio claimed that “MAGA extremism” will ultimately undermine the Sunshine State, even as it attracts tens of thousands of former New Yorkers. The Democrat predicted many skilled Floridians would leave the state due to policies such as a newly…


FDIC Looking to Sell $60 Billion Loan Portfolio It Acquired From Failed Signature Bank

The Federal Deposit Insurance Corporation (FDIC) is looking to sell a $60 billion loan portfolio in the new few months, which it acquired in receivership following the collapse of Signature Bank last month. The portfolio mainly consists of commercial real estate loans (CRE), commercial loans, and a small pool of single-family residential loans, the FDIC said in a statement….


Americans Work Remotely as Employees in Europe and Asia Return to the Office

A great divergence has become noticeable in return-to-office habits, as half of American workers still work remotely compared to their counterparts in Asia and Europe who have largely returned to the office. Offices in the United States are still at about half capacity three years after the onset of the pandemic, with occupancy rates at 40–60…


Manhattan Apartment Sales Tumble, as Prices Drop for First Time Since Early 2020

Manhattan apartment sales plunged in the last quarter, as prices dropped for first time since the pandemic in 2020. Brokers are becoming concerned that buyers and sellers are holding back because of economic fears and higher interest rates in one of the largest real estate markets in the United States, according to a report from Douglas…