What Will Happen to All the Empty Office Buildings and Hotels?

Commercial real estate has been hit hard by the pandemic, but there are plans to convert some of the now empty spaces into apartment buildings.

#affordable-housing, #area-planning-and-renewal, #financial-district-manhattan-ny, #herald-square-manhattan-ny, #hilton-times-square-hotel-manhattan-ny-hotel, #holiday-inn, #hotel-giraffe, #hotels-and-travel-lodgings, #manhattan-nyc, #marriott-international-inc, #metro-loft-management, #quarantine-life-and-culture, #real-estate-commercial, #real-estate-and-housing-residential, #renting-and-leasing-real-estate

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Affordable Housing Forever

Nonprofits that purchase land, build homes on it and sell them below market rate are giving low-income buyers a chance.

#affordable-housing, #black-people, #gentrification, #land-use-policies, #real-estate-and-housing-residential, #renting-and-leasing-real-estate

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NYC Retail Zones: Midtown Has Been Empty, but Other Areas Have Bounced Back

Shopping locally has helped foot traffic in some commercial districts across the city return almost to prepandemic levels.

#bronx-nyc, #downtown-brooklyn-brooklyn-ny, #flushing-queens-ny, #harlem-manhattan-ny, #quarantine-life-and-culture, #real-estate-commercial, #real-estate-and-housing-residential, #renting-and-leasing-real-estate, #shopping-and-retail, #staten-island-nyc

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A ‘Blue Bloods’ Regular on the Importance of ‘Yes’

For the actor Vanessa Ray, what makes a one-bedroom near Lincoln Center home are a few essentials: Bill Nye, blankets and one three-letter word.

#blue-bloods-tv-program, #content-type-personal-profile, #interior-design-and-furnishings, #lincoln-square-manhattan-ny, #nye-bill, #pretty-little-liars-tv-program, #ray-vanessa, #real-estate-and-housing-residential, #renting-and-leasing-real-estate, #suits-tv-program

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An Affordable Duplex That’s Good for Dogs and Drums

It’s not easy to find an affordable rental when you’re a drummer. One Manhattanite tried some unorthodox tactics and found a gem.

#craigslist, #quarantine-life-and-culture, #real-estate-and-housing-residential, #renting-and-leasing-real-estate, #roommates, #upper-west-side-manhattan-ny

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After Pandemic, Shrinking Need for Office Space Could Crush Landlords

Some big employers are giving up square footage as they juggle remote work. That could devastate building owners and cities.

#boston-properties-inc, #buildings-structures, #coronavirus-2019-ncov, #corporations, #dimon-james, #jpmorgan-chasecompany, #landlords, #manhattan-nyc, #property-taxes, #quarantine-life-and-culture, #real-estate-commercial, #recession-and-depression, #renting-and-leasing-real-estate, #sl-green-realty-corporation, #stocks-and-bonds, #telecommuting, #united-states, #urban-areas, #workplace-environment

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Help! My Apartment Building Is a Movie Set

You can’t stop your landlord from renting out common areas to a film crew, but you can try to get some concessions from the production.

#content-type-service, #coronavirus-2019-ncov, #landlords, #movies, #noise, #real-estate-and-housing-residential, #renting-and-leasing-real-estate

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Yes, There Are Nice Landlords in New York

Building owners are making deals with struggling businesses. As one put it: “A half a loaf of bread is better than no loaf.”

#cobble-hill-brooklyn-ny, #landlords, #pearl-river-mart-manhattan-ny-retail-store, #quarantine-life-and-culture, #renting-and-leasing-real-estate, #soho-manhattan-ny

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A Home Buyers’ Bonanza in Manhattan

Housing sales in New York City are finally picking up — along with deep discounts.

#coronavirus-2019-ncov, #discount-selling, #manhattan-nyc, #manhattan-real-estate-sales, #quarantine-life-and-culture, #real-estate-and-housing-residential, #renting-and-leasing-real-estate

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The Ghosts of Brooks Brothers

After the retailer filed for bankruptcy one couple was left with a warehouse full of abandoned mannequins and a price tag of nearly $250,000 to dispose of it.

#bankruptcies, #brooks-brothers, #fashion-and-apparel, #quarantine-life-and-culture, #renting-and-leasing-real-estate, #shopping-and-retail, #simon-property-group-inc, #sparc-group-llc

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The Brooklyn-Manhattan Rent Gap Is Shrinking Fast

During the pandemic, the difference between the median rent in the two boroughs nearly vanished.

#brooklyn-nyc, #coronavirus-2019-ncov, #manhattan-nyc, #real-estate-and-housing-residential, #renting-and-leasing-real-estate

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From a Brooklyn Railroad Flat to a Three-Bedroom With Doors

The pandemic made it clear that this mother and her two growing sons needed a place with more privacy.

#greenpoint-brooklyn-ny, #quarantine-life-and-culture, #real-estate-and-housing-residential, #renting-and-leasing-real-estate

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Hudson Valley Real Estate Market Still Overheated

New Yorkers scouring northern towns for second homes have pushed prices up and made it harder for locals to find affordable homes.

#accord-ny, #columbia-county-ny, #dutchess-county-ny, #hudson-river-valley-ny, #quarantine-life-and-culture, #real-estate-and-housing-residential, #renting-and-leasing-real-estate, #rockland-county-ny, #ulster-county-ny

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New York Renters in Covid Hot Spots Are Four Times More Likely to Face Eviction

An analysis of court data shows that the areas hit hardest by the virus, largely Black and Latino neighborhoods, have the most eviction cases.

#assn-for-neighborhood-and-housing-development, #bronx-nyc, #evictions, #new-york-city, #queens-nyc, #real-estate-commercial, #real-estate-and-housing-residential, #renting-and-leasing-real-estate, #staten-island-nyc, #unemployment

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The ‘Sentimental Excess’ of Sarah Stiles

The actor, who stars in the Netflix series ‘The Crew’ and is a regular on ‘Billions,’ is like a slightly goofy sitcom neighbor with an otherworldly home.

#billions-tv-program, #content-type-personal-profile, #hand-to-god-play, #interior-design-and-furnishings, #real-estate-and-housing-residential, #renting-and-leasing-real-estate, #stiles-sarah, #television, #the-crew-tv-program, #theater, #tony-awards-theater-awards, #upper-west-side-manhattan-ny

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Landing a One-Bedroom, With a Little Help From Her Friends

The power of community helped a longtime Park Slope, Brooklyn, resident find a new home.

#park-slope-brooklyn-ny, #quarantine-life-and-culture, #real-estate-and-housing-residential, #renting-and-leasing-real-estate

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Noise Complaint: Construction is Ruining My Life

Renters may feel powerless to effect change in their buildings, but they have leverage — especially in the current market.

#building-construction, #noise, #real-estate-and-housing-residential, #renting-and-leasing-real-estate, #restoration-and-renovation

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How to Fix Housing for Everyone Except Corporate Speculators

A dedicated federal agency could foster a huge expansion of social housing.

#affordable-housing, #landlords, #public-and-subsidized-housing, #real-estate-and-housing-residential, #renting-and-leasing-real-estate, #social-housing, #united-states, #united-states-politics-and-government

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Empty Office Buildings Squeeze City Budgets as Property Values Fall

A looming hit to tax revenues puts pressure on Congress to deliver relief.

#coronavirus-2019-ncov, #coronavirus-aid-relief-and-economic-security-act-2020, #democratic-party, #federal-state-relations-us, #house-of-representatives, #law-and-legislation, #local-government, #property-taxes, #real-estate-commercial, #recession-and-depression, #renting-and-leasing-real-estate, #republican-party, #senate, #shopping-centers-and-malls, #stimulus-economic, #taxation, #united-states-economy, #united-states-politics-and-government

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Companies Put Return-to-Work Plans in Motion

Many employers are not making a decision until many workers are vaccinated. And some are making plans for “hybrid” work arrangements.

#avison-young-inc, #bank-of-america-corporation, #boston-mass, #charlotte-nc, #chicago-ill, #coronavirus-2019-ncov, #duke-energy-corporation, #fifth-third-bank, #manhattan-nyc, #quarantine-life-and-culture, #rapid7-inc, #real-estate-commercial, #renting-and-leasing-real-estate, #san-francisco-calif, #seasons-and-months, #seattle-wash, #telecommuting, #texas, #vaccination-and-immunization, #workplace-hazards-and-violations

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A Texas Couple Try a Rent-to-Own Apartment on the Lower East Side

Most apartments are either for sale or for rent. The one they chose was both.

#houston-tex, #lower-east-side-manhattan-ny, #quarantine-life-and-culture, #real-estate-and-housing-residential, #renting-and-leasing-real-estate

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Rental Scams and How to Avoid Them

New York’s rental market has been turned upside down by the pandemic, making it hard to tell a good deal from one that’s too good to be true.

#frauds-and-swindling, #real-estate-and-housing-residential, #renting-and-leasing-real-estate

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Instead of a Balcony, How About a Garden Apartment?

As people search for homes with outdoor space, complexes in Queens with big shared gardens are seeing strong sales.

#forest-hills-gardens-queens-ny, #jackson-heights-queens-ny, #jamaica-queens-ny, #quarantine-life-and-culture, #real-estate-and-housing-residential, #renting-and-leasing-real-estate

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Where Have All the Houses Gone?

The inventory of homes for sale is startlingly low. The pandemic is part of the reason, but it’s not the whole story.

#building-construction, #coronavirus-2019-ncov, #foreclosures, #prices-fares-fees-and-rates, #real-estate-and-housing-residential, #renting-and-leasing-real-estate, #united-states

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Airbnb Is Driving Hosts Elsewhere With Costly Pandemic Policies

Hurt by refunds, some are trying to cut the site out of bookings or taking legal action. The company says it is working to reduce tensions.

#airbnb, #chesky-brian, #coronavirus-2019-ncov, #hotels-and-travel-lodgings, #rebates-and-refunds, #renting-and-leasing-real-estate, #travel-and-vacations

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If ‘Housing Is a Right,’ How Do We Make It Happen?

For starters, Biden can improve lives right now by recalibrating existing programs.

#affordable-housing, #baltimore-md, #discrimination, #evictions, #housing-and-urban-development-department, #public-and-subsidized-housing, #race-and-ethnicity, #real-estate-and-housing-residential, #renting-and-leasing-real-estate, #section-8-housing, #vouchers

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Despite Deep Rent Cuts, Essential Workers Are Mostly Left Out

The pandemic has led to deep discounts in New York’s rental market, but the city is still unaffordable for many of the city’s most vital workers

#brooklyn-nyc, #manhattan-nyc, #quarantine-life-and-culture, #queens-nyc, #real-estate-and-housing-residential, #renting-and-leasing-real-estate, #streeteasy

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For a ‘Cobra Kai’ Star, There’s Nothing a Good Basket Won’t Fix

‘I have a hard time saying no to a basket,’ said the actor Courtney Henggeler, explaining her approach to decorating her family’s Long Island rental.

#cobra-kai-tv-program, #content-type-personal-profile, #huntington-ny, #interior-design-and-furnishings, #netflix-inc, #real-estate-and-housing-residential, #renting-and-leasing-real-estate, #the-big-bang-theory-tv-program

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Freed From a Daily Commute, They Looked to the Suburbs

A larger, newer place in the couple’s West New York neighborhood was out of reach. But they didn’t need to be near the Lincoln Tunnel anymore.

#content-type-personal-profile, #east-rutherford-nj, #quarantine-life-and-culture, #real-estate-and-housing-residential, #renting-and-leasing-real-estate, #west-new-york-nj

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Pandemic’s Toll on Housing: Falling Behind, Doubling Up

Eviction moratoriums don’t keep arrears from piling up, and aid to renters may not reach the most vulnerable.

#coronavirus-2019-ncov, #evictions, #federal-aid-us, #landlords, #law-and-legislation, #nonprofit-organizations, #poverty, #real-estate-and-housing-residential, #renting-and-leasing-real-estate, #united-states

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Making the Most of Their Terrace

During the pandemic, one couple’s outdoor space has served as a living and dining room, kitchen, art and music studio, office, storage unit and gym.

#balconies-and-terraces, #content-type-personal-profile, #quarantine-life-and-culture, #real-estate-and-housing-residential, #renting-and-leasing-real-estate, #upper-west-side-manhattan-ny

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People of Color Face the Most Pandemic Housing Insecurity

Census Bureau data show how households have struggled to stay current on rent and mortgage payments during the pandemic.

#census-bureau, #coronavirus-2019-ncov, #mortgages, #real-estate-and-housing-residential, #renting-and-leasing-real-estate

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When Evictions Loom, Pets Are Also at Risk

Adoptions set a record in the U.S. early in the pandemic, but now millions of animals could be in danger of being abandoned or returned to shelters.

#best-friends-animal-society, #coronavirus-2019-ncov, #evictions, #humane-society-of-the-united-states, #landlords, #pets, #quarantine-life-and-culture, #real-estate-and-housing-residential, #renting-and-leasing-real-estate, #united-states

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Making a Home of Her Own in Brooklyn

After several years of hunting, a domestic violence survivor and her daughter finally find a home, in East New York.

#content-type-personal-profile, #east-new-york-brooklyn-ny, #quarantine-life-and-culture, #real-estate-and-housing-residential, #renting-and-leasing-real-estate

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Hounded by Wildfires, Californians Rethink Their Willingness to Rebuild

In the aftermath, some people are deciding to just begin new lives elsewhere. The pandemic and longstanding housing problems haven’t made the choices any easier.

#affordable-housing, #building-construction, #coronavirus-risks-and-safety-concerns, #los-angeles-county-calif, #malibu-calif, #real-estate-and-housing-residential, #renting-and-leasing-real-estate, #riverside-county-calif, #san-bernardino-county-calif, #sierra-nevada-region-us, #wildfires

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They Can’t Leave the Bay Area Fast Enough

As a tech era draws to an end, more workers and companies are packing up. What comes next?

#atlanta-ga, #austin-tex, #cabo-san-lucas-mexico, #computers-and-the-internet, #facebook-inc, #georgia, #quarantine-life-and-culture, #real-estate-and-housing-residential, #relocation-of-business, #renting-and-leasing-real-estate, #san-juan-puerto-rico, #savannah-ga, #twitter, #work-life-balance

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San Francisco’s Tech Workers Make the Big Move

As a tech era draws to an end, more workers and companies are packing up. What comes next?

#atlanta-ga, #austin-tex, #cabo-san-lucas-mexico, #computers-and-the-internet, #facebook-inc, #georgia, #quarantine-life-and-culture, #real-estate-and-housing-residential, #relocation-of-business, #renting-and-leasing-real-estate, #san-juan-puerto-rico, #savannah-ga, #twitter, #work-life-balance

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New York Rents Continue to Slide, While Sales Rebound in Brooklyn

Manhattan’s median rent ended 2020 down by 17.3 percent, but the sales market showed signs of life in the other boroughs.

#brooklyn-nyc, #manhattan-nyc, #quarantine-life-and-culture, #queens-nyc, #real-estate-and-housing-residential, #renting-and-leasing-real-estate

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Options for Struggling Landlords Whose Tenants Can’t Pay the Rent

Critical eviction moratoriums don’t offer much relief for mom-and-pop landlords who still have to pay to keep their buildings operating.

#coronavirus-2019-ncov, #evictions, #real-estate-and-housing-residential, #renting-and-leasing-real-estate

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Eviction Records May Haunt Tenants After the Covid-19 Pandemic Ends

Americans who default on their rent may find it hard to escape lasting effects on their financial future.

#coronavirus-2019-ncov, #credit-scores, #data-mining-and-database-marketing, #evictions, #income-inequality, #landlords, #renting-and-leasing-real-estate

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Co-Living in a Brooklyn Townhouse

A two-room suite in a Park Slope brownstone provides a nice middle ground between living with roommates and all alone.

#content-type-personal-profile, #interior-design-and-furnishings, #park-slope-brooklyn-ny, #quarantine-life-and-culture, #real-estate-and-housing-residential, #renting-and-leasing-real-estate, #roommates

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It’s Time for America to Reinvest in Public Housing

The first step to addressing the country’s housing affordability problem is to repeal the Faircloth Amendment.

#affordable-housing, #area-planning-and-renewal, #evictions, #public-and-subsidized-housing, #renting-and-leasing-real-estate, #united-states-politics-and-government

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New Yorkers Who Fled Virus Are Returning Home, Warily

Tens of thousands of New Yorkers left the city when the pandemic struck and spent months living elsewhere. What did they learn?

#brooklyn-nyc, #families-and-family-life, #long-island-ny, #lynchburg-va, #new-jersey, #new-york-city, #quarantine-life-and-culture, #real-estate-and-housing-residential, #renting-and-leasing-real-estate

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The Real Estate Collapse of 2020

The pandemic devastated the housing industry this year, but there were a few flickers of life.

#building-construction, #condominiums, #discount-selling, #landlords, #mortgages, #quarantine-life-and-culture, #real-estate-and-housing-residential, #renting-and-leasing-real-estate, #suburbs

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Our Digital Lives Drive a Brick-and-Mortar Boom in Data Centers

Developers and investors see more opportunities in commercial real estate as businesses and consumers gobble up more data.

#coronavirus-2019-ncov, #data-centers, #data-storage, #enterprise-computing, #real-estate-commercial, #renting-and-leasing-real-estate

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Is There Such a Thing as a Humane Eviction?

As a bulge of evictions looms, a Massachusetts sheriff is searching for ways to soften the blow.

#chicopee-mass, #coronavirus-2019-ncov, #evictions, #foreclosures, #hampden-county-mass, #homeless-persons, #landlords, #massachusetts, #renting-and-leasing-real-estate, #springfield-mass, #unemployment

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Falling Behind on Weekly Rent and Afraid of Being Evicted

Residents of weekly rentals worry they will be kicked out if they can’t pay the rent. It’s unclear if the federal moratorium on evictions applies to them.

#arizona, #atlanta-legal-aid-society-inc, #centers-for-disease-control-and-prevention, #coronavirus-2019-ncov, #evictions, #homeless-persons, #hotels-and-travel-lodgings, #las-vegas-nev, #legal-aid-for-the-poor-civil, #private-equity, #real-estate-and-housing-residential, #renting-and-leasing-real-estate, #suits-and-litigation-civil, #texas

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Use It or Lose It: Tenant Aid Effort Nears a Federal Cutoff

Emergency pandemic funding to help renters must be distributed by Dec. 30. But getting the money to those who need it is no small task.

#coronavirus-aid-relief-and-economic-security-act-2020, #evictions, #federal-aid-us, #landlords, #nonprofit-organizations, #philadelphia-pa, #real-estate-and-housing-residential, #renting-and-leasing-real-estate, #states-us, #urban-areas

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Midtown Is Reeling. Should Its Offices Become Apartments?

The pandemic has created a crisis in New York City’s commercial real estate industry. Some leaders think it’s time to reimagine the city’s business districts.

#affordable-housing, #coronavirus-2019-ncov, #cushmanwakefield-inc, #de-blasio-bill, #furman-center-for-real-estate-and-urban-policy, #midtown-area-manhattan-ny, #real-estate-commercial, #real-estate-board-of-new-york, #renting-and-leasing-real-estate, #shutdowns-institutional

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Airbnb Tops $100 Billion on First Day of Trading, Reviving Talk of a Bubble

The home-rental company’s blockbuster I.P.O. followed that of the delivery company DoorDash. Investors piled into both.

#airbnb, #computers-and-the-internet, #coronavirus-2019-ncov, #hotels-and-travel-lodgings, #initial-public-offerings, #layoffs-and-job-reductions, #renting-and-leasing-real-estate, #start-ups, #travel-and-vacations, #venture-capital

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