More agents are looking for ways to get around the city’s dominant listings platform Over the first few months of 2020, real estate agents began seeing a strange new trend in their inboxes: emails advertising listings not available on a certain popular listing site. “NOT ON STREETEASY!” screamed
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04/25/2020
Retailer’s collapse would open the door for other stores to renegotiate or exit leases A view of Neiman Marcus in The Shops at Hudson Yards The anticipated bankruptcy of Neiman Marcus could throw Related and Oxford Properties’ Hudson Yards mall into peril. The parent company of the department-st
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04/23/2020
With state-mandated retail closures across US, the battle between retail landlords and retail tenants is heating up Retail landlords and mall owners have collected just 15 percent of what they were owed The fight over commercial rent payments looks like it may be ugly. So far in April, some reta
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04/21/2020
New York and Philadelphia organizers are rallying tenants to skip rent next monthCea Weaver, Gov. Andrew Cuomo and Jonathan Westin of New York Communities for Change Tenant organizers in New York and Philadelphia are pushing for a mass rent strike on May Day. New York tenant coalition Housing Jus
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04/17/2020
Guidance orders remote work, except where “legally necessary” Governor Andrew Cuomo The state has released an official confirmation that real estate is considered an “essential business.” But ambiguity remains about what in-person contact is permissible. In a guidance issued Thursday, the Empir
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04/10/2020
Occupancy declines further in another pummelling week Hotels across the country — including the Plaza Hotel in New York and Chateau Marmont in LA — have shuttered and laid off and furloughed staffers. The picture for the country’s hotels continued to grow ever worse last week, as more than three
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04/02/2020