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The Real Deal reports that Sush Torgalkar is leaving his role as CEO of Extell Development not even two years after coming on board from Westbrook Partners. It is the latest in a series of high-level departures from the prolific New Y…
As New York continues its efforts to reopen its economy as safely as possible amid the continuing (and in many states, intensifying) COVID-19 crisis, there is concern about what the residential housing market—which had experienced a decline…
Architectural Digest reports a new trend in amenities for multifamily residential buildings: on-site healthcare facilities or services that allow residents to receive medical testing or treatment at home. In this peri-pandemic era whe…
A lot has been said this spring and summer about wealthy New Yorkers and other urbanites ditching their metropolitan high-rises and townhomes for second homes (or brand-new ones) that offer more space, greenery, and social distancing. Sourc…
The arrival of COVID-19 has wreaked havoc with the residential real estate market for both rentals and sales. Few people are enthused about the idea of moving in the middle of a pandemic, and pundits across the spectrum have projected doom …
At the start of the coronavirus pandemic, with traditional in-person apartment showings off the table for pretty much the entire spring season, many in the residential real estate industry scrambled to incorporate “virtual” components into …
Occasional clashes over questionable grass-mowing technique or noisy neighbors notwithstanding, according to the 2020 Homeowner Satisfaction Survey , a new report conducted by the Foundation for Community Association Research (FCAR) …
On Thursday, July 16, NBC 4 New York reported that a scaffold on a residential building in Manhattan’s Murray Hill neighborhood collapsed onto a sidewalk shed below, killing one worker and seriously injuring three others. All four men w…
Compared to previous generations, Millennials (those born between 1981 and 1996, give or take) have a conspicuously low rate of homeownership. While the ranks of millennial homeowners have expanded slightly over time, the numbers still fall…
According to a new Harris Poll, nearly one third of Americans are considering moving to a less densely populated area due to the coronavirus. They’re prioritizing larger apartments with enough room for home offices and access to private out…