Market
-
Does NYC’s FARE Act Affect Ultra-Luxury Rentals?
As the FARE Act took effect earlier this week, New York City’s rental market scrambled to adjust to the new…
Read More » -
NYC DOT Inks 212K SF in Long Island City
A former office property recently reverted to industrial use secured a tenant for more than half its space. New York…
Read More » -
NYC Top Real Estate Deals: Thursday, June 12, 2025
There were about 172 deals recorded, totaling about $328.1 million, in New York City on June 12. 🏆Residential: A full-floor…
Read More » -
Clipper Sells Upper West Side Rent-Stabilized Building
David Bistricer’s Clipper Equity sold an 83-unit apartment building with rent-stabilized units in Lincoln Square for $45.5 million, a sharp…
Read More » -
Manhattan Rents Hit New Record in May
As temperatures rise in New York, so too has the rental market. Median Manhattan rent reached a new record high…
Read More » -
Burlington Gobbles Up Macy’s Lease in Melville
Burlington is beginning to make a habit of seizing on the struggles of other big-box retailers. The discount retailer signed…
Read More » -
Ben Ashkenazy Amasses $750M War Chest for Acquisitions
Ben Ashkenazy is gearing up to go on the offensive. The Ashkenazy Acquisition Corp. scion amassed $750 million in funds…
Read More » -
Bethenny Frankel Sells Greenwich Estate for $7.8M
Reality star and entrepreneur Bethenny Frankel is flying south — and saying goodbye to her historic estate in Greenwich, Connecticut.…
Read More » -
RFR Receives Lifeline at Upper East Side Retail Site
RFR Holding is getting a reprieve on the Upper East Side — at least temporarily — after its lender abandoned…
Read More » -
Rents Have Been Falling for 10 Years
A crucial fact almost always missing from the “freeze the rent” conversation is that rent-stabilized rents, adjusted for inflation, have…
Read More »