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The COVID-19 pandemic deflated Manhattan’s exorbitantly expensive rental market. But with leasing activity spiking, the window to nab a great deal on an apartment in Manhattan is closing. → Read More
Jeffrey Epstein’s gorgeous Upper East Side townhouse sold to an undisclosed buyer for about $50 million, and although the house is almost a century old, the new buyer will be only the second real occupant. → Read More
After Knicks fans returned to Madison Square Garden last week, we asked them what the game experience was like at one-tenth capacity. → Read More
Millions of Texans have lost power as a result of a brutal winter storm. Don’t blame wind turbines; the cause is bad energy-grid policy and freakish weather. → Read More
With New York City’s seven-day COVID-19 positivity rate down to about 5 percent, Governor Andrew Cuomo is allowing fans to return to sporting events at 10 percent capacity, if fans wear a mask and present a negative COVID test. → Read More
Trump’s D.C. hotel is trying to capitalize on the next QAnon-fueled rush to the Capitol by charging astronomical prices for rooms on the date of the conspiracy theory’s next political rapture. → Read More
Robinhood’s growth has exploded since the beginning of the pandemic, and so has its influence on the stock market. This has prompted the need for more office space, and the company is reportedly looking in Manhattan. → Read More
Robinhood’s growth has exploded since the beginning of the pandemic, and so has its influence on the stock market. This has prompted the need for more office space, and the company is reportedly looking in Manhattan. → Read More
Former president Donald Trump has always slapped his name on anything and everything, but now that’s coming back to haunt him. Trump-branded properties in Manhattan are valued at roughly half of what they were before Trump ran for president. → Read More
Wealthy New Yorkers who left the city after the start of the COVID-19 pandemic have been a subject of speculation over how their departure would affect NYC’s budget. But rental data from December show the rich are returning. → Read More
Trump’s business partners are scattering in the wake of the insurrection, and now the fallout is impacted extended Trump family members. Trump’s nephew, who sued Donald over Fred Trump’s estate, was asked to leave his job at a real estate brokerage. → Read More
Trump’s business partners are scattering in the wake of the insurrection, and now the fallout is impacted extended Trump family members. Trump’s nephew, who sued Donald over Fred Trump’s estate, was asked to leave his job at a real estate brokerage. → Read More
Mayor Bill de Blasio is looking for ways to void the city’s contracts with the Trump Organization, including the one to run Wollman Rink in Central Park. The small rink has played an outsize role in Trump’s mythmaking about himself. → Read More
Amazon joins a bevy of tech companies offering low-cost loans to affordable housing developers. While a nice gesture, it doesn’t come close to lessening the role these companies play in driving up housing costs. → Read More
New York City is moving ahead with a proposal to enact permits for hotel developments, which could severely limit the number of new hotels built at a time when hotels have closed en masse because of the COVID-19 pandemic. → Read More
The MTA warned of a major cuts to subway service if it didn’t receive $4.5 billion in federal aid to fill the 2021 budget gap left by the pandemic. That aid will come after Congressional leaders agreed to a stimulus bill over the weekend. → Read More
The COVID-19 pandemic has exposed the inequalities in New York City internet access in ways like never before. But Mayor Bill de Blasio’s internet master plan could break Spectrum and Verizon’s duopoly and lower the cost of high-speed internet. → Read More
Alex Rodriguez made millions playing Major League Baseball. He’s investing in a $650 million fund to buy hotels across the continent. It’s common investment for rich guys with too much money, but it may not result in the windfall he thinks it will. → Read More
New York’s new Democratic supermajority is reviving the ‘pied-à-terre’ tax on second-home owners. The real-estate industry is predicting doom and gloom for the city if it passes, but the tax would apply to extremely wealthy real-estate investors. → Read More
Most states adopted an eviction ban after the COVID-19 pandemic hit in March, but many let them expire after just a few weeks. A new study reveals that more than 400,000 COVID cases and 10,000 deaths can be attributed to evictions. → Read More