Mermaid Inn owners ‘super sad’ to close Upper West Side location after 15 years
The Mermaid Inn, a perpetually popular eatery at 570 Amsterdam Ave. for 15 years, will close on Oct. 16. Owners ...
Tag: Real Estate
US ‘housing recession’ could send prices 20% lower by mid-2023
US home prices are now “clearly falling” and could plummet by as much as 20% by mid-2023 as the Fed ...
US housing market in ‘deep recession’ as homebuilder confidence tanks: economist
The US housing market is in the midst of a “deep recession” that could put pressure on the Federal Reserve ...
Back-to-work barometer falls short of measuring up to reality as offices fill up
There’s good news for Manhattan office landlords: Physical building occupancy rose to 46.6% for the seven-day period ending Sept. 14, ...
SL Green takes control of Park Ave. office tower from bankrupt China firm
Pressing its campaign to establish a formidable East Midtown core, SL Green added another trophy to its burgeoning portfolio. The ...
US housing market to remain ‘especially frigid’ as mortgage rates spike: Redfin
The housing market’s ongoing slowdown will continue through the end of the year as surging mortgage rates discourage prospective homebuyers, ...
Manhattan office leasing in August hit highest level since COVID
In the weeks before the Labor Day weekend, COVID testing sites in the heart of Midtown’s great corporate corridors — ...
Shinhan Bank signs lease deal at 750 Seventh Ave.
A new lease for South Korea’s Shinhan Bank has boosted occupancy to 91% at 750 Seventh Ave. The 15,279 square-foot deal ...
Madison Avenue retail shows signs of life with six new stores
The health of the city’s shopping districts varies from neighborhood to neighborhood and even block to block. Although Soho, Fifth ...
Home sale cancellations rise in ‘remarkably uncertain time’
The US housing market is in the midst of a significant pullback, with cooling conditions that have contributed to a ...
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