NYC building sales slump despite plummeting prices because of crippling regulations, high interest rates
The value of city buildings is sinking under the weight of high interest rates, crippling regulations and large vacancies caused ...
Tag: Real Estate
Big office deals returns — but only in NYC’s best new buildings
Despite a lethargic 2023, office leasing got its mojo back in the fourth quarter when the year’s largest deals were ...
US real estate market will be ‘very ugly’ next year, Howard Lutnick warns
The CEO of a top financial services firm is sounding the alarm over a “very ugly” real estate market in the next ...
Americans must make $120K a year to afford a home in 2024, realtor says
Americans now need to make $120K a year to afford a typical middle-class life and qualify to purchase a home, ...
NAR President Tracy Kasper resigns after blackmail threat
The National Association of Realtors is grappling with more turmoil in its top leadership ranks just over two months after ...
Real estate surveys indicate Manhattan’s office market is far from dead
Separate reports by major brokerages CBRE and JLL show that the Manhattan office market is far from dead — or ...
Columbia professor who warned of ‘doom loop’ scenario changes tune on NYC
Whew! The sky isn’t falling on the Big Apple after all. The academic behind the infamous “Doom Loop” scenario says ...
Law firms switch headquarters along popular Midtown corridor
Another major law firm lease just got signed on midtown Sixth Avenue that’s good news for Vornado Realty Trust and ...
Home prices jump nearly 5% in October — biggest gain this year: survey
Annual home prices in October rose again, pointing toward continued recovery of the housing market, data on Tuesday showed. A national price index ...
Existing home sales rise in November, ending 5-month skid
Sales of previously occupied US homes rose in November, ending a five-month skid, as easing mortgage rates encouraged homebuyers. Existing home sales ...
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