The convenient location of the office tower at 529 Fifth Avenue in Midtown East will be particularly advantageous as workers return to the office amid the pandemic, said Alexander Chudnoff, a vice chairman at exclusive leasing agent JLL.

While transaction volume and liquidity have fallen, Real Capital Analytics Senior Vice President Jim Costello wrote, it would be "wishful thinking" to expect that the shift in buyer expectations alone will lead to a decline in price.

CBRE Group found that the amount of office space available for sublease in Manhattan has declined, despite a high number of office job losses in connection with the pandemic.

The co-founders of Rudy's Barbershop worked with Sortis executives to pay about $2.5 million for the barbershop and avoid the involvement of the distressed equity firms.

MBA's Jamie Woodwell says that investors and lenders are now focusing more on their existing portfolios than new opportunities.

The National Multifamily Housing Council's Rent Payment Tracker found that more people made a full or partial rent payment in the first six days…

More than 50 percent of respondents said they would like to do remote work primarily, while more than 75 percent said they would like to work remotely at least occasionally.

Conor planned to build a 335,000-square-foot speculative industrial facility but revised its plans when the retailer became involved with the project.