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No need to fret about the quality of commercial loans — yet
Underwriting is reportedly approaching 2005 levels Commercial loan standards haven’t slipped back to 2007 levels, but worrying trends are creeping up. These days, borrowers are financing a smaller...
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Ismael Leyva snaps up 57th Street pad in building he designed
Ismael Levya and his new apartment at 207 East 57th Street Ismael Leyva, the architect behind notable Manhattan buildings such as the Yves Chelsea, has nabbed an apartment at a Midtown building he...
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Time Inc. scoping Downtown office space to save on rent
Time & Life Building at 1271 Sixth Avenue and Time Inc. CEO Joseph Ripp Time Inc., the magazine division of Time Warner, is mulling a move away from the Time & Life Building at 1271 Sixth...
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Inside Downtown’s priciest home at Walker Tower, minority nabes get fewest...
A chart comparing the change in home sales to the change in weather (Credit: Zero Hedge) 1. Inside Downtown’s priciest home at the Walker Tower: PHOTOS [WSJ] 2. Banks give fewest conventional mortgages...
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Grounded: Balazs calls off plan to redevelop JFK terminal
Andre Balazs and JFK’s TWA terminal Hotelier André Balazs’ deal with the Port Authority of New York and New Jersey to redevelop John F. Kennedy International Airport’s TWA terminal has been called off....
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Acadia buys 120 West Broadway master lease for $37M
From left: 120 West Broadway, Acadia’s Chris Conlon and ABS’ John Brod Delaware-based retail real estate investment trust Acadia Realty Trust paid $37 million for a long-term leasehold on the...
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Joint business district for Chelsea, Meatpacking coming?
Chelsea Triangle Commercial landlords in Chelsea and the Meatpacking District may soon have to pony up cash to fund a proposed $1.6 million Business Improvement District. The BID, which would need City...
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East River Partners to redevelop Fort Greene “compound”
171 South Portland Avenue and East River’s Jody Kriss Developer East River Partners, which specializes in converting townhouses in Brooklyn, is dabbling in new development with plans for two...
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Hampshire Companies buys $100M NJ industrial portfolio
New Jersey-based real estate investor Hampshire Companies has acquired a nearly million-square-foot industrial portfolio in their home state from industrial landlord Prologis. Experts say the...
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Capstone, Carlyle tap Winick to market 570 Seventh retail
From left: 570 Seventh Avenue, Jeff Winick and Darrell Rubens Capstone Equities and the Carlyle Group tapped Winick Realty Group to market a 20,000-square-foot flagship retail space at 570 Seventh...
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Priciest, cheapest listings to hit the Manhattan market this week
From left: 441 East 57th Street and 628 East 14th Street The Corcoran Group’s Elizabeth Spahr had the priciest single-family residential listing to hit the Manhattan market this week with a $21.5...
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Flipping of expensive homes way up in 2013: RealtyTrac
Home flipping — defined as when a home is purchased and subsequently sold again within six months – was serious business in 2013, according to new data from RealtyTrac. Last year, 156,862...
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Lower East Side board nixes Beastie Boys street renaming
From left: The Beastie Boys, the corner of Ludlow and Rivington streets via “Paul’s Boutique” and how it appears today Community Board 3 denied the plan to name a Lower East Side street corner after...
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Harlem’s Mount Morris Park historic district heats up
Lenox Ave. between West 123rd and 124th streets Mount Morris Park has evolved into one of Harlem’s most booming neighborhoods, with renovated brownstones selling for more than $3 million and an influx...
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US mortgage securities post biggest gain since 2008
Government-backed U.S. mortgage securities are expected to net big monthly gains as investors seek alternatives to sputtering investments in developing countries. In the $5.4 trillion market, returns...
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Lucrative Super Bowl listings tempt brokers — despite risks
From left: Airbnb’s NYC page, Super Bowl logo and MetLife Stadium in East Rutherford, NJ The number of short-term rental listings – and their prices – have skyrocketed ahead of Super Bowl XLVIII, and...
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Stuy Town residents win rent break over post-Sandy services
A rent reduction application filed by more than 1,500 Stuyvesant Town-Peter Cooper Village residents impacted by Superstorm Sandy is finally bearing fruit. The group of residents filed for a rent...
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Cohen Bros. hits docs with $25M suit over broken lease deal
465 Park Avenue (Photo credit: Google) and Charles Cohen The landlord Cohen Brothers Realty is asking for $25 million from two medical groups and a group of doctors who inked an approximately $1...
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Manhattan residential sales prices see solid gains since 2004
From left: Manhattan’s Soho, Upper East Side and Morningside Heights Manhattan residential sales price jumps, varied in different neighborhoods, reveals a resilient real estate market. The greatest...
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Meister says govt. “prolonging” housing market pain: VIDEO
Watch the latest video at video.foxbusiness.com Though interest rates remain at historic lows, their upward trajectory in recent months puts the housing market’s recovery at risk, according to Avison...
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