Real Estate
Clinton Hill townhouse sells off-market for $9.4 million, a neighborhood record
A renovated townhouse at 374 Washington Avenue in Clinton Hill sold off-market for about $9.4 million, topping the neighborhood's previous high of $9.05 million, reports said October 6.
Spain's Congress rejects housing decrees, leaving investors in regulatory limbo
Spain's Congress rejected housing decrees on October 2, eliminating proposed restrictions on investment fund purchases, leaving Europe's hottest rental market in regulatory limbo.
Northwind's $219 Million Loan Shows How Manhattan Office Conversions Get Financed
A $219 million Northwind loan for 100 Wall Street shows how lenders structure deals that turn office towers into housing as Manhattan's conversion pipeline reaches 15.2 million square feet.
Why Singapore's 60% Foreign Buyer Tax Is a Capital Control, and Where That Money Flows Instead
Singapore's 60% Additional Buyer's Stamp Duty on foreign residential buyers has effectively locked global capital out of the market. Here's how the tax works and where international money moves next.
Why Asian Capital Is Chasing London's 8% Office Returns Over New York
Japanese, Chinese and Singaporean investors are moving into London commercial real estate for 8.0–8.4% projected returns, while New York's own office recovery follows a separate trajectory.
NYC Begins Fining Buildings $268 a Ton Under Local Law 97
New York City's Department of Buildings has begun issuing the first fines under Local Law 97.
Why missing your commercial lease renewal deadline costs everything
Renewal option deadlines in Manhattan office leases are unforgiving. Six months of notice required—and one day late means you lose the lease entirely.
Manhattan luxury contracts sink to 13 deals over Labor Day week
A plunge to just 13 deals worth $66 million signals buyers are hesitating as new taxes and tight inventory reshape the high-end housing market heading into fall.
What a commercial tenant must know about subleasing or assigning a Manhattan lease
There's no legal right to sublet or exit early. What matters is lease language, landlord discretion, and how the market has shifted since 2020.
What percentage rent means for Manhattan retail tenants and landlords
In retail leases, tenants pay base rent plus a percentage of sales above a negotiated threshold. The structure shapes profitability for both sides.
What to do when your NYC apartment appraises for less than you're paying
A low appraisal creates a cash shortfall at closing. New York contracts handle this gap differently than most states, and the options depend on your contract language and reserves.
Co-op vs Condo in Manhattan: What You Actually Own, the Board Approval, Monthly Charges and Closing Costs
The two dominant forms of apartment ownership in Manhattan can look nearly identical from the sidewalk, yet they create very different legal rights,…
Air Rights Explained: How Manhattan Towers Buy Unused Height From Their Neighbors
In New York zoning, air rights are not ownership of the sky.
The CAM charge audit every Manhattan commercial tenant should perform
Common area maintenance charges add 30–50% to base rent. A 2025 review found an average 11.4% overcharge across NYC office leases, but tenants have just 60–90 days to audit.
How Manhattan's office building classifications actually work
Class A, B, and C designations determine rent, tenant quality, and property values—but there's no official system determining which buildings belong in which tier.