Real Estate Board of New York – Commercial Observer

A collage of five individuals.

Finance · Leases

CO Forum Explores How Real Estate Is Preparing for a Greener, Cleaner Future

By Chava Gourarie

Douglas Durst (Photo: Sasha Maslov/for Commercial Observer).

Douglas Durst Nominated to Replace Bill Rudin as REBNY Chair

By Nicholas Rizzi

Investment sales in New York City have cratered during the first six months of 2020, as tourism basically disappeared and brick-and-mortar retail sales reached record low levels in the five boroughs because of the coronavirus pandemic.

Sales · Commercial

NYC Investment Sales Drop More Than 50 Percent During Pandemic

By Rebecca Baird-Remba

1271 Avenue of the Americas

Leases · Retail

Greek Eatery Avra Estiatorio Opening New Location at 1271 Avenue of the Americas

By Nicholas Rizzi

Retail's party time! (Sort of.)

Sunday Summary: Retail Reprieve!

By The Editors

James Whelan.

REBNY Lays Off Staff and Cuts Salaries Due to Coronavirus

By Nicholas Rizzi

Landlords and owners are receiving fewer rent payments nationwide, according to at least one new report.

Analysis · Coronavirus

NYC Rental Market Continues to Decline Amid Pandemic

By Rebecca Baird-Remba

Times Square

NYC Broker Confidence Hits Record Low Amidst Coronavirus Pandemic

By Nicholas Rizzi

Governor Andrew Cuomo who just worked out a $177 billion budget.

Design + Construction · Coronavirus

New York Passes $177B ‘Crisis Budget’ Despite Having ‘No Money’

By Aaron Short

Recording offices closing or modifying their hours has created hurdles for lenders trying to access, record and file necessary construction loan documents. With this, issues have surfaced in some areas, where lenders are having trouble securing lien priority as well as subsequent title insurance commitments.

Finance · Construction

Recording Office Closures Could Stymie Construction Loans, Disrupt Title Commitments

By Mack Burke and Cathy Cunningham

Amol Sarva.

Knotel to Offer Its Space to Governments for Coronavirus Needs

By Nicholas Rizzi

Brooklyn Apartment buildings

NYC Brokers’ Fees to Remain in Place Until at Least June

By Nicholas Rizzi

REBNY President James Whelan and NYC Mayor Bill de Blasio are at odds

Design + Construction · Features

NYC Real Estate Industry Grapples With Broker Fees, Commercial Rent Control

By Rebecca Baird-Remba

Brooklyn Apartment buildings

Politics & Real Estate

Broker Fee Ban Put on Hold Amid Legal Challenge

By Nicholas Rizzi

Brooklyn apartment buildings

Politics & Real Estate · Rent Control

REBNY and Real Estate Pros Scrambling Over New Broker Fee Rules

By Nicholas Rizzi

A big part of Building Skills NY's mission is training and placing minorities into NYC construction jobs.

Design + Construction · Construction

Getting Started: REBNY Paves Way for Career in Construction

By Aaron Short

An aerial view of 1970s Williamsburg.

New York City History According to REBNY

By Rebecca Baird-Remba

Some small and mid-sized landlords are feeling the financial squeeze and selling their rent-stabilized buildings in the wake of last June's rent law changes.

Design + Construction · Features

Smaller Landlords Are Trying to Sell Stabilized Buildings In the Wake of Rent Reforms

By Rebecca Baird-Remba