Watermark sells Marriott at 20% loss, second NYC hotel it has unloaded this year.

Riverwalk Golf Course to be redeveloped into 4,300 apartment units, 1M SF of offices.

Rent, care fees will keep going up as operators cope with staff shortages, rising cost of labor.

Sales slump to continue as prices, which exceed 60% of monthly incomes, keep falling.

Vacancies top 20% for first time, YTD negative absorption approaches 1M SF.

Court fight looms between property owners, insurance firms as most don't cover flood damage.

At $1,407 per SF, the 58-story tower may be the most expensive ever in NYC.

Mega-deals drive the market, the latest a 1.2M SF pre-lease inked by Target.