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Tishman Speyer is launching sales at its 57-story tower at 11 Hoyt Street. The 481-unit project — which is rising on the site of a Macy’s parking garage — is  Read more

Home sellers in New York City cut prices on almost 800 listings in one week in September, which is the highest amount of price cuts in at least 12 years.  Read more

A controversial twin-tower development at 80 Flatbush Avenue that will soar hundreds of feet above brownstones in Boerum Hill has been given another green light. The City Council’s Subcommittee on  Read more

Billboards for Greenwich West, a 167-unit luxury condo in Soho, will begin cropping up downtown before its sales launch next month. But instead of using traditional computer-generated renderings, the signs  Read more

The city is taking on lenders of “zombie homes” — decrepit, vacant, distressed houses with unpaid mortgages, which have forced the city to conduct emergency repairs and maintenance. The city’s  Read more

Hudson Companies has pre-filed plans for a 152-unit mixed-use building in Cypress Hills. The building at 265 Logan Street will stand 12 stories tall and span about 280,000 square feet,  Read more

The latest project to replace a former Jehovah’s Witnesses site in Brooklyn will stand 26 stories tall with 74 units at 30 Front Street, according to records filed Wednesday. Fortis  Read more

When the city wanted to tear down a Brooklyn condominium building plagued by scandal, Council member Letitia James, who represented a neighboring district, was the last line of defense. Developer  Read more

The head of the Brooklyn-Queens Connector project (BQX) is stepping down, perhaps signaling even further trouble for the proposed $2.7 billion light rail. Adam Giambrone, director of the BQX, told  Read more

UPDATED, 9:56 a.m., Sept. 18: A seven-alarm fire engulfed a parking garage at Macerich‘s Kings Plaza Shopping Center in Brooklyn on Monday morning, leaving almost two dozen people hurt. A  Read more

Either Ryan Serhant wore Michael Stern down with an unsolicited library and won the gig to market 9 Dekalb Avenue — or he just made it sound like he did  Read more

The Brooklyn luxury market saw 11 contracts signed last week for the third week in a row, split between seven houses, three condos and one co-op. The properties sold for  Read more

Hudson Companies will team up with two community groups to redevelop the former Greenpoint Hospital in Brooklyn into a mixed-use development with 512 units of affordable housing and a new  Read more

NYC construction surpasses pre-recession levels Over 9 million square feet of new construction was completed in New York City in 2018’s second quarter, with 477 projects receiving a temporary certificate  Read more

State Sen. Martin Dilan, one of the real estate industry’s favorite candidates, lost his primary on Thursday to controversial socialist candidate Julia Salazar. The 27-year-old Salazar defeated Dilan in his  Read more

A new hotel with 37 rooms is on its way to Brooklyn Heights. The building at 186 Remsen Street will stand 14 stories and 185 feet tall, and span 58,900  Read more

Tepid new dev market hits Manhattan’s median price Sliding new development prices dragged down the overall median price for Manhattan homes to $1.1 million in the second quarter — a  Read more

RedSky Capital has officially added another property to its massive Fulton Street development site. The firm has purchased 571 Fulton Street in Downtown Brooklyn from Reliance Trust Company for $14.5  Read more

A construction worker is trapped under rubble after a wall collapsed at a Brooklyn site. The fire department is conducting a recovery effort after a retaining wall cracked and collapsed  Read more

Rents in Queens have continued to go up. The borough’s net effective median rent in August was $2,921, a 5.7 percent year-over-year increase, according to the latest report from Douglas  Read more

The city is keeping the pressure on illegal hotel operators. New York City announced three new lawsuits against operators in Manhattan, Brooklyn and Queens, Curbed reported. It’s the first case  Read more

Maddd Equities’ latest purchase is a storage facility in Clinton Hill. The company, along with its frequent partner Joy Construction and Cayre Equities, purchased 235 Park Avenue in Brooklyn for  Read more

Google isn’t just snapping up chunks of New York City and the Bay Area, it’s also starting to rebrand neighborhoods. And it seems U.S. lawmakers aren’t the only ones looking  Read more

A nonprofit focused on criminal justice reform just inked a 15-year lease in Sunset Park. The Vera Institute of Justice is moving from its current office on the 12th floor  Read more

Joe Sitt is looking to sell the large Coney Island assemblage where he once envisioned building a Las Vegas-style temple to shopping and entertainment. Sitt’s Thor Equities hired HFF to  Read more

Half a year after buying new digs in Bay Ridge, New York Building Congress President Carlo Scissura sold his Dyker Heights home for $1.6 million. On Aug. 30, Scissura closed  Read more

  NEW DEVELOPMENT CONDO REPORT BROOKLYN •Inventory grew slightly as new filings outpaced sales •Developers filed 20 plans with 256 units •The state approved 12 plans with 319 units valued  Read more

In the world of mid-market New York City investment sales last week, one Brooklyn developer was busy both buying and selling. 1.) Developer Chaim Landau bought a six-story apartment building  Read more

Mere weeks after news broke that 1,100 children in NYCHA developments were poisoned by lead in recent years, the housing agency is facing new questions over toxic apartments. Sensors installed  Read more

The Brooklyn luxury market saw 11 contracts signed last week for the second week in a row, split between seven houses and four condos. The properties sold for about $27.3  Read more

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