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Real Estate News

Hudson Yards Rivals Silicon Valley in Providing Workspace for Amazon, Google

By: Ilana Siyance The mini-city taking shape on Manhattan’s Far West Side is becoming a behemoth for big companies like Amazon, Apple, Facebook and Google,...

Another Big Sale at 220 CPW; Hedge Fund Manager Pays $92.7M for Penthouse

Edited by: TJVNews For those who watch the New York City real estate market, the final month of 2019 saw a huge sale at 220...

New Yorkers Leaving Empire State at Alarming Rate

By Andy B. Mayfair It’s the biggest missing persons case in New York State’s history – but it’s no mystery. People are leaving New York in...

Manhattan Home Sales Decline Again; News Isn’t All Bad

By: Edward Meranian Sales of homes in Manhattan were down by 1.2% for the fourth quarter, according to a brand new report. According to appraiser Miller...

New Team of NYC Bldg Inspectors Hand Out Thousands of Violations at Construction Jobsites

By: Uri Klemkov A new team of building inspectors in New York City has been conducting surprise inspections at jobsites for major construction projects, a...

For Luxury Homebuyers, NYC Is Losing its Luster; Weakest Stats in Decade

By Tom Roberts Luxury may not be all that it used to be. The prices of “luxury” real estate properties worldwide rose an anemic 1.1% in...

WeWork to Give $438M Facelift to NYC’s Iconic Lord & Taylor Bldg

By: Max Devereaux The building housing New York City’s Lord & Taylor is set to get a $438 million facelift – thanks to WeWork Once renovated...

Facebook Signs Hdson Yards Lease for 1.5M Square Feet

By: Ilana Siyance After an extensive search for additional office space in the Big Apple, Facebook is heading for Hudson Yards. The social media and...

Lower Manhattan Bldg That Housed the 9/11 Tribute Museum is Up for Sale

By: Hellen Zaboulani The 9/11 Tribute Museum honoring the horrific attacks on NYC’s World Trade Center may be getting the boot, out of its current...

NYC Warehouse Space Booming Thanks to E-Commerce Firms

By: Mike Mustiglione The amount of square feet devoted to warehouses across New York City is expanding rapidly, new research shows. Driven by e-commerce firms like...

Rent Control for Commercial Property Coming to NY

By Howard M. Riell Brooklyn Councilman Stephen Levin is working on rent control for commercial locations. It would apply to office space, retailers and manufacturers. In...

Real Estate Developer Ben Shaoul Sells UES Condo for $15.3M in Bitcoin

By: Herosha Krishner Successful Iranian Jewish real estate developer Ben Shaoul has sold an Upper East Side retail condo for $15.3 million in Bitcoin. The landlord, whose...

Alex Ohebshalom Says New 5th Ave Hotel Will Dazzle Its Guests

By: Shamus Sardu The developer of the soon to be 5th Ave Hotel, Alex Ohebshalom says his venture will be a transformative experience for the...

Merchants Hospitality Closes on $38M Financing on Z Hotel in Queens

The Hotel is the Premier Lifestyle Hotel in Long Island City Edited by: JV Staff Merchants Hospitality, New York’s largest privately held hospitality company, has successfully...

Partnership Led by Shvo, Bilgili Group & Deutsche Finance Begin Construction on 9200 Wilshire in Beverly Hills

Edited by: JV Staff The joint venture led by SHVO, Bilgili Group, and Deutsche Finance that owns the property at 9200 Wilshire Boulevard in Beverly...

New Rent Law Has Unintended Result: More Pieds-a-Terre

By Hellen Zaboulani If ever one thing was clear in New York real estate, it was that tenants should not be allowed to use rent-regulated...

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