New York City’s skyline is shifting again, but this time the change is happening inside the buildings. Across Manhattan and beyond, developers are turning once-bustling office towers into much-needed housing. Office-to-residential conversion is reshaping how the city uses its space, creating new homes where desks and cubicles once stood. This movement has gained momentum as […]
What Is Lis Pendens in New York: Understanding Its Legal Implications
Understanding legal terms can be complicated, but it’s important to grasp the basics of concepts like lis pendens, especially in the context of New York real estate law. Lis pendens, often referred to as a notice of pendency, is a legal tool used in New York to protect a plaintiff’s claim on a real property […]
What Is Loan Special Servicing? A Complete Guide for 2025
When commercial real estate loans run into trouble, a specialized process kicks in to manage the situation. Special servicing is where a third party is brought in to manage and resolve CMBS loans for borrowers struggling to make their payments. This process involves transferring troubled loans from regular servicers to experts who focus on distressed […]
What Happens to Mortgages and Debts When Real Estate Is in a Living Trust: Essential Guide
Many people put their home into a living trust to make transferring property easier after they die. But what actually happens to the mortgage or other debts attached to the house in a trust can confuse even those who want to plan ahead. When real estate is held in a living trust, the mortgage and […]
Commercial Real Estate NYC Market Trends and Investment Opportunities
Commercial real estate in NYC is known for its variety and strong demand, offering plenty of options for businesses looking to lease or buy office, retail, or restaurant space. The city’s unique neighborhoods and high population support a steady stream of customers and opportunities for growth. Even with changing market trends, NYC stays at the […]
Micro Resort Trend in 2025: Redefining Travel and Hospitality
Micro resorts are changing the way people travel in 2025 by offering cozy, small-scale stays focused on experience, sustainability, and local connection. Instead of giant resorts with hundreds of rooms, micro resorts have fewer than 20 rooms, providing a more personal and eco-friendly environment for guests. This new direction in hospitality appeals to travelers who […]
Pam Liebman to brokers using StreetEasy’s Premier Agent: You’re on your own
Corcoran, Citi Habitats won’t reimburse residential real estate agent using controversial feature March 03, 2017 02:45PM By Katherine Clarke TheRealDeal.com Gary Malin and Pam Liebman (Credit: Larry Ford) Two of New York City’s largest residential brokerages, the Corcoran Group and Citi Habitats, will not reimburse agents who wish to participate in StreetEasy’s new Premier Agent […]
Investors from Germany, Korea & Japan could fill Chinese void – Victor Jung
Negative interest rates will drive purchases March 07, 2017 04:30PM By Rich Bockmann TheRealDeal.Com Bill Shanahan China supplanted Canada for the first time last year as the most active foreign investor in U.S. real estate. But so far this year, some Chinese institutional investors such as insurance companies have been silent, and the yuan’s appreciation against the […]
World’s Ultra Wealthy: Chinese buyers – Victor Jung
Chinese Buyers continue to dominate market. No EB-5 slowdown: Victor Jung China minting 100K new millionaires each year: Knight Frank March 02, 2017 03:10PM – TheRealDeal.com By E.B. Solomont and Hiten Samtani Wealth Report 2017 (Credit: Knight Frank, click to enlarge) The number of ultra-high net worth individuals — those with assets of $30 million or […]
Chelsea residents file lawsuit to halt “monstrous” condo – Victor Jung
Community group claims city may have improperly approved the 11-story West 16th St. project March 02, 2017 10:00AM 124 West 16th Street rendering (Credit: Einhorn Development Group via DNAinfo) A neighborhood community group is suing the developer behind a planned 11-story residential building on West 16th street, claiming its plans may violate city codes and […]