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Leasing
Deutsche tells bankers to stay home
November 16, 2020Deutsche Bank AG told its U.S. investment bankers to stay at home as the number of Covid-19 cases climbs,...
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Roundup
Real Estate Roundup 11.16.20
November 16, 2020Real Estate Roundup: Foreclosures The Beverly Hills Saks Fifth Avenue department store at 9600 Wilshire Boulevard...
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PropTech
DENSO takes stake in Envoy Technologies
November 16, 2020Automotive manufacturer DENSO has taken a stake in Envoy Technologies, an electric vehicle (EV) startup that offers mobility services...
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Acquisitions
Related Companies sells One Union Square South
November 16, 2020MKF Realty, acting as an advisor for an unnamed multigenerational family investor, is set to close...
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Financing
Pandemic puts NYC Hotels on the brink
November 15, 2020New York City’s hotel industry is in crisis, with four out of five properties underpinning commercial mortgage...
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Roundup
Real Estate Roundup 11.13.20
November 13, 2020Real Estate Roundup: National Deal Roundup National Acquisitions Hill Street Realty has acquired 6262 Reseda Boulevard in...
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PropTech
Better.com raises fresh round gearing up for IPO
November 13, 2020Online mortgage lender Better.com revealed it raised $200 million in a series D financing that put the...
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Politics
No NYC real estate deals means plunge in taxes
November 13, 2020Sharp declines in real estate activity have caused the city and state to lose $1.4 billion in...
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Politics
Manhattan rental vacancy rate soars
November 13, 2020Manhattan saw 16,145 empty rental units in October, a slight increase from September and more than triple the...
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PropTech
Knotel faces existential crisis as lawsuits mount
December 2, 2020Knotel is facing an escalating barrage of evictions, claims from unpaid vendors and lawsuits seeking millions of...
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PropTech
FTC files complaint against CoStar Group
December 2, 2020The Federal Trade Commission filed an administrative complaint and kicked off a federal lawsuit to block...
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Leasing
Target inks another lease in Manhattan
November 30, 2020Target has signed a 28,000-square-foot retail lease at JJ Operating’s 258 Eighth Avenue in Chelsea, currently occupied by a New...
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Financing
Empire State Realty Trust lands Refi at 250 West 57th Street
November 30, 2020Empire State Realty Trust ($ESRT) has secured $180 million in CMBS debt from Morgan Stanley to recapitalize its office...
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Leasing
Foot traffic on Black Friday falls 48%
November 30, 2020Foot traffic to stores on Black Friday fell 48% this year from last year, according to research...
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Acquisitions
Mirae Asset Daewoo wins case against Anbang
December 2, 2020South Korean investment bank Mirae Asset Daewoo won a U.S. court case against Anbang Insurance Group, after Mirae scrapped...
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