Commercial Real Estate
Do you have an adjustable-rate mortgage? The clock is ticking, here's what you need to do right now
Today’s high interest rates have created a ticking time bomb for the many homebuyers who took out an adjustable-rate mortgage near the onset of the COVID-19 pandemic.
Chicago to hand $150M to real estate developers to transform vacant office buildings into apartments
The plan calls for converting vacant office space in four buildings into 1,000 apartment units -- with one-third set aside for affordable housing.
Empire State Building thriving despite doom-and-gloom NY Times forecast
Offices and retail spaces that were 90% leased at the time of the premature obituary are now 93% leased. In the latest new office deal, fintech firm Pontera Solutions just signed...
High-profile TV shrink wife secretly bugged $4M Greenwich mansion to spy on ex's calls before ugly divorce: lawsuit
Marital mind games in a Greenwich, Conn., divorce have sparked business intrigue in the Big Apple.
64 NYC office buildings are looking to transform into residential units
City Planning Director Dan Garodnick revealed that the owners of these Big Apple buildings have reached out to the city's Office Conversion Accelerator Program.
Here's why Times Square's Red Lobster outpost is up for rent
While not among the dozens of locations now shuttered, The Post found the eatery's flagship location in Times Square open for business.
Experience a Hamptons-Maldives fusion on an island just 30 minutes from Miami
Deep-pocketed Miami millionaires will soon have an oasis within easier reach for luxe stays -- on the Bahamian island of Bimini.
California property with dark ties to 2 cults, including the Manson Family, lists for $6.2M
A massive parcel of land in Box Canyon in Simi Valley could make for a great resort -- but decades ago, it was the site of two notorious cults.
Dallas suburb residents crush developer's dreams of turning a historic farm into a strip mall
In Plano, community opposition to a zoning proposal for turning a historic farm into a mixed-use development made the developer withdraw his plans.
NYC hospital-building boom on Upper East Side roils upper-crust residents
The Upper East Side, once known as the Silk Stocking District, has embraced cotton scrubs -- but not everyone’s thrilled about it.
Almost the entirety of a small California town has listed for $6.6M
A total of 28 buildings, with residential and commercial components, has listed in Campo -- and with 95,000 total square feet, to boot.
NYC is leading the office- and hotel-to-apartment trend: Report
Nationwide, 151,000 apartments-to-be are in the process of being converted from commercial buildings, with Manhattan alone leading the charge, per RentCafe.
6 ways home buyers mess up getting a mortgage
If you’re out to buy a home, you have to be vigilant. To clue you into the pitfalls, here are six of the most common ways people mess up getting...
Fast-growing Florida retirement haven is luring business away from Wall Street
Boca Raton is shedding its reputation as a retirement town filled with geezers in golf carts.
WeWork is shutting down its NYC headquarters
The co-working giant, as part of its bankruptcy restructuring, will shed its 300,000-square-foot lease at Tower 49 in Midtown.
Desperate MTA mulling art installations to fill empty retail space in NYC transit hubs
The MTA is launching a new effort to fill vacant retail space at the bulk of Big Apple subway stations, with more than 80% of the available retail spots vacant...
San Francisco’s real estate market is quietly crashing -- and it seems like no one is trying to solve it
Nearly one in five homeowners in San Francisco are selling their homes for a loss, according to a stark analysis by Redfin.
Billionaire's new building to soar over Midtown for one very specific reason
Billionaire hedge funder Ken Griffin, along with Vornado Realty Trust and Rudin, aim to breathe life back into a pocket of Midtown that COVID left empty.
How NYC's reclusive retail kingpin sold billions in buildings to Gucci, Prada in mere days
A $2 billion deal puts press-shy retail investor in the New York City spotlight.
Eat it: Supermarkets and urban grocery concepts are swarming NYC
Across the city’s boroughs, grocery stores are seeing green. The craters left by now-defunct big-box retail outlets, casualties of the pandemic, are proving to be fruitful opportunities for well-positioned purveyors...