Category : Featured

Senate approves bill that may lead to ban of Airbnb listings
Deals & DealmakersFeatured

Senate approves bill that may lead to ban of Airbnb listings

REW
by REW1077
A bill that aims to prohibit listings for short-term rentals has been approved by the New York State Senate, boosting the possibility of an outright ban for services like Airbnb. The proposal outlaws online listings that last for under 30 days. It essentially widens the range of restriction for New York...
FeaturedResidential

Entrepreneur Thomas Guss speaks the language of real estate

REW
by REW1442
For New York Residence Inc. founder Thomas Guss, what started as just a hobby, turned into a successful career in residential real estate. Guss founded New York Residence in 2003. The Austrian-born broker found success in advertising and marketing in his home country, rising to become the CEO of one...
FeaturedResidential

Why millennials can’t, or won’t, get a mortgage

REW
by REW1684
Millennial homebuyers, most of whom entered adulthood as the housing market collapsed due to misconduct from lenders, continue to face a variety of obstacles to obtaining credit. The barriers persist in spite of the swelling size of the millennial homebuying market. According to the National Association of Realtors’ Home Buyers...
FeaturedRetail

Reboot at Apple repair center as Tekserve plans relocation

REW
by REW1475
Chelsea staple Tekserve, the Apple product repair center that’s been a popular destination since its inception in the late 80’s, is leaving its space on 23rd Street after 14 years. Tekserve CEO Jerry Gepner will relocate his company this fall, according to a statement he gave to the website Vanishing...
Bedpan Alley thrown a curve ball as new technology changes medical landscape
Deals & DealmakersFeatured

Bedpan Alley thrown a curve ball as new technology changes medical landscape

REW
by REW2141
New York City’s hospital-heavy arteries — long-dubbed bedpan alley — have been thrown a curve ball by the changing medical landscape. While hospitals across the country have been embracing downsizing, the Big Apple is just getting in the game, according to experts. Last month’s announcement that Beth Israel, which has...
Flatiron District flexing its leasing muscles as fitness biz moves in
Deals & DealmakersFeatured

Flatiron District flexing its leasing muscles as fitness biz moves in

REW
by REW1974
The Flatiron District, home to Silicon Alley’s rank and file, is fast becoming Manhattan’s fitness and interior design epicenter, according to a report from the Flatiron/23rd Street Partnership Business Improvement District (BID). While the neighborhood continues to have strong pull with the TAMI sector based on its inclusion in the Midtown...
FeaturedRetail

NGKF duo wins Retail Deal of the Year

REW
by REW2470
A deal to revitalize a historic Auto Row building and bring in a luxury car dealership to the space won the  Real Estate Board of New York’s (REBNY) 2015 Retail Deal of the Year Award last night (Tuesday). And a flagship Footlocker concept in the heart of the city was...
Deals & DealmakersFeatured

City officials call on Brooklyn developers to build more schools

REW
by REW1449
Brooklyn developers, city officials have a message for you: consider including much-needed schools in your residential development plans. That was the takeaway from a recent panel at TerraCRG’s “Only Brooklyn” real estate conference, called “Infastructure: Making Neighborhoods.” Former MTA chairman Joe Lhota, who is now the senior vice president, vice...
Deals & DealmakersFeatured

Brookfield making a place for millennials at Manhattan West

REW
by REW1304
With the first building in Manhattan West topping out a few months ago, Brookfield senior managing partner Ric Clark provided an update on his firm’s $8.6 billion project. During a keynote speech for the Real Estate Board of New York’s Annual Commercial Management Leadership Breakfast last week, he said that...