As policies from the state and city rush in to deal with Covid-19, many actors in the real estate market are acting swiftly to comply with directives or put in place measures of their own to reduce the spread of the disease and protect their residents and communities....
As the coronavirus pandemic rapidly impacts all aspects of daily life, a number of its implications are coming into view for the city’s real estate market. First, the pace of construction is unlikely to slow down in the immediate term due to the amount of long-term...
We have covered climate legislation periodically on this blog, especially the Climate Mobilization Act passed last year by the city council and its signature proposal to create a classification system for the city’s commercial buildings along with penalties for not...
A joint analysis conducted by Douglas Elliman and Knight Frank at the end of 2019 found that Manhattan’s 57th Street, known colloquially as “Billionaire’s Row” for its array of recently constructed supertall residential towers, is indeed the most expensive street in...
Any recent discussion of scaling back NYC’s sidewalk sheds and scaffolding was interrupted during December, when multiple incidents illustrated the dangers that pedestrians sometimes face, especially on the streets of Manhattan. First, an architect walking through...
Airbnb scored a huge legal win in the European Court of Justice, the EU’s top court, in a ruling that the online lodging marketplace need not comply with stringent regulations applied to property agents in the EU. Europe is the world’s top destination for foreign...