Steep declines in the shares of private lenders, after a major fund changed how investors can withdraw money, have sparked worries about more trouble to come.
Gross domestic product expanded at a 1.4 percent annual rate in the last quarter of the year, slowed by the effects of the government shutdown.
As Federal Reserve chair, Kevin M. Warsh may face a tough task persuading his colleagues to lower borrowing costs because of potential productivity gains.
Fifty days into Zohran Mamdani’s mayoralty, the real estate industry’s worst fears have not been realized. But give him time! During the mayor’s race I wrote a bunch of columns criticizing Mamdani’s simplistic or unrealistic promises, while realizing that the point of campaigns is to win. Candidates with complicated, plausible proposals tend to lose, as Hillary Clinton could tell you. I also felt that Mamdani would moderate his views, appoint some experienced and pro-housing people and try to govern, rather than let the Democratic Socialists of America take over City Hall, impose Sharia law and replace the Stars and Stripes […]
This article originally appeared on The Real Deal. Click here to read the full story.
There were 204 transactions totaling $482 million filed in New York City records in the 24 hours before 4 p.m. on Thursday, Feb. 19, 2026. 🏆 Residential: The top home sale to hit records was in Yorkville, where Winthrop and Carol McCormack purchased a sponsor townhouse unit at 40 East End Avenue, developed by Lightstone, for $9.4 million. The residence spans about 4,500 square feet and has 600 square feet of outdoor space. It has four bedrooms, three bathrooms and two half baths. Its last asking price was about $9.7 million. Corcoran had the listing. 🏆 Commercial: The top commercial […]
This article originally appeared on The Real Deal. Click here to read the full story.
Last year, the U.S. was the only major destination to see a decline in international travelers. With increased scrutiny at the border, ICE violence and unpredictable policies, the new year isn’t looking better.
The official at the helm of Massachusetts Gov. Maura Healey’s efforts to address the housing affordability crisis will resign to take a C-suite role in the banking industry.
Novare Group has parted with its last ownership stake in SkyHouse towers.
As Federal Reserve chair, Kevin M. Warsh may face a tough task persuading his colleagues to lower borrowing costs because of potential productivity gains.
A New York restaurant’s Lunar New Year merchandise has become a coveted collector’s item.