Airbnb has added thousands of new hotel listings. Will that ruin its charm?
The home-rental company is leaning into hotels and third-party amenities to transform into a “one-stop shop” for travel.
The home-rental company is leaning into hotels and third-party amenities to transform into a “one-stop shop” for travel.
A development team made up of Slate Property Group, Hudson Companies and Volunteers of America has been chosen to create nearly 1,000 new homes upon a vacant parcel in Long Island City, Queens. The 70,000-square-foot development, at 54-42 Second Street, will be called the Orion, and two-thirds of its units will be set aside as…
2nd Lien Reverse, Conversion, Settlement Tools; Bill Cosgrove on Consolidation; Agency News I don’t know where August went, but it went somewhere. We’re now two thirds of the way through the 3rd quarter of 2026. Lenders and vendors are adapting to a lackluster homebuying “season,” stubborn rates, and origination costs around $11k per…
One of Canada’s only pure-play healthcare real estate investment trusts is activating itself south of the border. Vital Infrastructure Property Trust acquired the 140,000-square-foot medical office at 101 Pennsylvania Avenue in Brooklyn’s East New York neighborhood for $89 million, Crain’s reported. The acquisition works out to more than $635 per square foot. The seller was…
We’ve been saying for a while that the longer end of the bond market really wants to see the Fed get serious about fighting inflation. This is why yields spiked on July 29th when the Fed held rates steady and Warsh said he’d let the bond market do the heavy lifting. Now today, we have…
In 2024, America’s housing shortage experienced a significant change, as it nearly ceased to grow for the first time since the 2008 financial crisis. A recent analysis by Zillow, based on the latest American Community Survey data collected throughout 2024, revealed that the national housing deficit remained close to 4.7 million homes, with an increase…
A 12-story property in Hudson Yards previously owned by Solly Assa changed hands at a foreclosure auction, inviting speculation over the next iteration of the building. Investment banker Capital Insight acquired 511 Ninth Avenue through a foreclosure auction through a credit bid at a price between $68 million and $71.3 million, the Commercial Observer reported….