New figures released by the Federal Reserve Bank of New York show mortgage lending is running at its lowest level in 13 years, with 2014 on pace to be the weakest for new loans since 2000.
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A plan to tear down the Renaissance Casino and Ballroom and turn it into a luxury apartment building could help complete the transformation of a pocket of northern Harlem that has lagged behind the rapid redevelopment of the surrounding area.
Built at a cost of $2.4 billion, Revel made its boardwalk debut in 2012, but failed to turn a profit, filing its second Chapter 11 case in June.
Simon Property Group may seek to boost its stake in mall rival Macerich Co., a move that analysts said could trigger a takeover attempt.
Stephen L. Green is a household name in the real estate industry; less well-known is his son Gary Green, who runs a company that keeps a big chunk of his father’s buildings as well as other prime New York properties clean and secure.
The Long Island hamlet of Baldwin is a popular destination for home buyers seeking a suburban lifestyle with city amenities and conveniences.
Caesars Entertainment has approached senior creditors about a plan to convert the casino company’s largest unit into a real-estate investment trust as it works to restructure $18.4 billion in debt.
Officials said they remained dissatisfied with an offer by Howard Hughes Corp to trim the height of its proposed tower just south of the Brooklyn Bridge.
Office-building landlord Paramount Group Inc. raised $2.29 billion in its initial public offering Tuesday, becoming the largest-ever IPO by a U.S. real-estate investment trust and helping breathe life into an anemic year for new property stocks.
Home builders are shelving plans for initial stock offerings after a flurry of deals earlier this year, as the housing market slows and share prices in the sector slump.
A blue-chip roster of real-estate investors, financial firms, and even a Grammy-winning rap artist are angling to buy New York’s landmark Plaza Hotel, but the owner, India’s Sahara Group, has been playing hard to get.
A New York startup, ETRE Financial, plans to take individual buildings public.
SL Green Realty’s plans for a skyscraper by Grand Central Terminal advances...CompStak raises $4.4 million from about a dozen investors...Mack-Cali Realty’s Roseland division gains traction in its East Boston project.
Fund manager Jonathan Litt is launching an activist campaign to replace the board of directors of Associated Estates Realty, a real-estate investment trust based in Ohio that specializes in multifamily apartment buildings.
Blackstone Group has reached a deal to sell a Midtown Manhattan office tower for about $2.25 billion to a venture led by Canadian property investor Ivanhoe Cambridge.
The renovation of Building 77, which sprawls across 1 million square feet, expands an effort begun under Mayor Bill de Blasio’s predecessor, Michael Bloomberg.
Billionaire Dan Gilbert’s real-estate operation said it would buy one of downtown Detroit’s best known office buildings for an undisclosed price.
Flushing, Queens will be the next neighborhood the city will rezone to allow for new development and create affordable apartments.
Three new potential stages are planned for Pier55, the $130 million, 2.7-acre park to be built on the Hudson River just off West 14th Street. But the arts presented there will be largely determined by design.
As Vornado Realty Trust prepares to throw the switch Tuesday on its mountainous electronic sign in the heart of Times Square, other landlords just outside the high-profile intersection also are betting on the digital-sign business.
National home-builder Lennar Corp. has joined with mall-owner Macerich Corp. in planning to develop a luxury-outlet mall as the anchor of a redevelopment of San Francisco’s Candlestick Point.
Barry Diller, Diane von Furstenberg and the Hudson River Park Trust are expected to announce Monday the creation of a $130 million, 2.7-acre pier, public park and performance space near New York’s Meatpacking District.
The possible near-emptying of 4 Times Square, with the departure of one anchor office tenant and the likely exit of another, offers a challenge and opportunity for the Durst Organization.
David Barton Gym has opened a branch in a former Episcopal church that once housed the Limelight nightclub, creating a workout space that evokes a spiritual place and a hot spot from the heyday in one.
The U.S. foreclosure crisis has largely wound down, but some states—including Florida, New Jersey and New York—still face a giant backlog of delinquent properties that could bog down local housing markets for years to come.
A commission appointed by New Jersey Gov. Chris Christie proposes tearing down empty casinos, reallocating at least part of the city’s marketing budget and installing an emergency financial manager.
Federal prosecutors accused 15 people Thursday of reaping millions from fraudulent bank loans while also accepting hundreds of thousands of dollars in public assistance.
Brands like Yotel, Pod Hotel and CitizenM are looking to use their microhotel playbook for Manhattan to expand in other parts of the U.S., too.
Paul Allen didn’t set out to be a land baron, but he became one after turning a grim stretch of Seattle that fell into his lap into a thriving neighborhood.
As private-equity firms seek to profit from rising commercial-property prices, TPG is taking the wager a step further by snapping up brokers.
The conglomerate’s efforts have caused some foreign competitors to bridle at the high prices Chinese buyers have been paying for commercial property, homes and other assets.
S&P Dow Jones Indices is creating a new real-estate category that will include 22 real-estate companies.
A group of investors including Goldman Sachs Group Inc. has agreed to put $470 million into a real-estate investment trust that is buying and building cellphone towers.
New York City Mayor Bill de Blasio’s approach to affordable housing and his effort to smooth approvals for developers have both run into trouble.
A group of New York investors has bought the majority interest in San Francisco’s Parkmerced from private-equity firms Fortress Investment Group and Rockpoint Group in a deal that values the sprawling housing development at more than $1.35 billion.
Developers are planning new Manhattan office buildings at the fastest rate in two decades despite sluggish demand for space, a gamble that tenants will favor gleaming new skyscrapers.
The rebound in the U.S. commercial mortgage-backed securities market appears to be spreading across the pond.