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For the second time this month, the disgraced former comedian and actor Bill Cosby is facing foreclosure at an Upper East Side property — this time, at a six-story townhouse he owns at 18 E. 71st St. First Foundation Bank filed a lawsuit on Saturday in Manhattan Supreme Court against the 87-year-old and his wife, […]

Prologis is increasing its real estate portfolio in the city with a massive purchase in Brooklyn. The industrial giant is buying 440 Kingsland Ave. in Greenpoint from ExxonMobil for roughly $122 million, according to sources familiar with the deal. The sprawling site spans 10 acres and is located right by Newtown Creek on the Greenpoint

New York Governor Kathy Hochul said a plan to charge drivers entering Manhattan’s central business district will launch Jan. 5 as scheduled after a federal judge largely rejected New Jersey’s challenge to the congestion pricing program. But a lawyer for the Garden State said New York can’t proceed while issues in the court fight remain

After largely being stuck in neutral in 2024, the residential market could finally kick into gear next year. Analysts say buyers seem ready to make peace with the reality that high mortgage interest rates won’t budge significantly anytime soon, despite three notable rate cuts by the Federal Reserve in the past few months. And if

Years after the Metropolitan Transportation Authority announced reforms intended to cut down on purchasing costs, the famously high-spending agency has little to show for them, according to a new audit by the state comptroller. The “Transformation plan” approved by the MTA board in 2019 called for consolidating its procurement practices in hopes of slimming the

For the beaten-down office market, 2024 was a year of diverging fortunes for owners as transactions started to pick up. Office landlords, confronted with the reality of plunging valuations, started to strike deals to sell properties they no longer wanted — often at steep price cuts — while scoring new equity investments on high-quality towers.

For the beaten-down office market, 2024 was a year of diverging fortunes for owners as transactions started to pick up. Office landlords, confronted with the reality of plunging valuations, started to strike deals to sell properties they no longer wanted — often at steep price cuts — while scoring new equity investments on high-quality towers.

Charles Dolan, the pay-television pioneer who won the first cable-TV franchise in Manhattan, founded HBO and later built Cablevision Systems into the fifth-largest U.S. cable company, has died. He was 98. Dolan died Saturday of natural causes, surrounded by his loved ones, Newsday reported, citing a statement from his family shared by a spokesperson. Dolan

The start of this year was marked by buzz about a pair of blockbuster deals in which some luxury retailers traded in their leases for deeds — a growing trend among a very niche group of high-end companies that could continue into 2025. Just days into 2024, the fashion firm Kering, which owns brands such

New York’s hotel occupancy rate faltered slightly from its October high as rooms used to shelter migrants begin to empty out. The hotel occupancy rate was 85.6% in November, according to the latest data released Friday from the city’s Economic Development Corporation, just under a point less than the 85.7% it was at during the