Market

Rent concessions are discounts given to tenants, perhaps during a pandemic or to speed a new building’s lease-up.Simple...

Never Forget.Twenty-five years ago, I was at my Midtown Manhattan office on West 45th Street (between Fifth and...

Taconic Partners has sold an Upper East Side property where it once planned to build a large life...

New York City is in for a raft of new housing laws that include COPA and a revival...

Cushman & Wakefield is out as one of the city’s commercial brokerages as the Mamdani administration carves a...

Brooklyn developer and aspiring airline mogul Ezra Unger has been banned from selling condos in New York state...

Manhattan’s office market is advancing away from its post-pandemic recovery story.Tenants leased 3.25 million square feet in August,...

When Mayor Zohran Mamdani on Thursday announced the “transfer” of a rent-stabilized portfolio, I thought: Have the socialist...

Co-op owners at Carnegie House avoided — at least, temporarily — a rent reset that would have more...

Human resources tech company Gusto is doubling its footprint at Vornado Realty Trust’s Penn 1, signing a 13-year...