Real estate insiders take swipe at Back-to-Work Barometer
The widely cited Kastle Systems Back-to-Work Barometer, which claims to tally how many employees have returned to offices, misses hundreds ...
Tag: Real Estate
Home asking prices tumble at record pace as mortgage rates surge
Home sellers are slashing their asking prices at a record clip as surging mortgage rates drive a downturn in the ...
Italian restaurant Campagnola to ditch old NYC digs for modern space
In a daring Upper East Side dining relocation, Campagnola — an “Italian Country Restaurant” at 1382 First Ave. for nearly 40 years ...
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 ...
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 — ...
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