Which NYC construction projects are ‘essential’ right now?

In the past week, construction in New York City has largely ground to a halt after Gov. Andrew Cuomo deemed most work on buildings and other sites nonessential in an effort to stop the spread of the novel coronavirus. “We’re closing down nonessential construction sites,” Cuomo said at the time. “Some construction is essential to keep the place running, but nonessential construction is going to...

New York City halts design work on public projects during coronavirus pandemic

Construction sites across New York City have largely come to a standstill under a state mandate to pause nonessential work, but preparations for upcoming projects had, for the most part, continued as normal. Design work can be performed safely indoors, and there are several planning hurdles builders must complete before a project can move forward. This is especially true for municipal projects, which...

The coronavirus housing crisis is just beginning

Coronavirus has disrupted New York City in innumerable ways, as life has been upended by the pandemic. Commercial activity and cultural events have all but stopped, and the cabs that are usually a mainstay of the city’s streets have been replaced by an endless stream of ambulances, sirens blazing. MD Asaduzzaman Khan drives one of those cabs, and has been effectively out of work since March 12. With so...

Chrissy Teigen and John Legend’s Brand-New $9 Million NYC Penthouse

A second congratulations are in order for one of Hollywood's most adored couples. As Wall Street Journal real estate reporter Katherine Clarke confirmed via Twitter, Chrissy Teigen and John Legend have officially closed on a $9.02 million Nolita penthouse located in the Brewster Carriage House condominium complex. This is the couple's second apartment in the famed complex at 374 Broome Street; they sold...

With hand sanitizer and elbow bumps, real estate agents are still selling during pandemic

Update: This story has been revised to reflect the stay-at-home orders put in place by District Mayor Muriel E. Bowser (D), Maryland Gov. Larry Hogan (R), Virginia Gov. Ralph Northam (D) on Monday. Rob Wittman is astonished that in a time of social distancing, real estate agents are holding open houses, allowing inspections and closing sales. “It’s just bothering me — the cavalierness of...

New York’s built environment was shaped by pandemics

nIn September 1668, Samuel Megapolensis, the pastor of the Dutch church in the newly created city of New York, wrote to a friend about how the Lord had “visited us with dysentery, which is even now increasing in virulence. Many have died of it, and many are lying sick.” What Megapolensis was describing was probably the city’s first outbreak of yellow fever, which would ravage the city on and off for...

What NYC renters need to know during the coronavirus pandemic

For many tenants, that’s the next date that rent is due—but if people are out of work or have lost other sources of income as a result of the pandemic, they may be worried about being able to pay rent. Other New Yorkers who were planning on moving at the beginning of the month are now facing uncertainty over whether movers are deemed “essential,” or if it’s even safe to move to a new apartment at...

The coronavirus clause is now a thing in resi deals

Less than a month ago, a “coronavirus clause” in a condo deal was a rare curiosity. From lockdown orders to the prospect of anyone involved in a transaction getting sick, deals are suddenly in a uniquely precarious position. In response, agents around the country are racing to add coronavirus clauses to their contracts. Real estate brokers across the country have been getting standardized...

Donald Trump and Mike Bloomberg are both billionaire tycoons with an eye for real estate.

These two own an impressive amount of personal real estate. Donald Trump's personal holdings include a $54 million penthouse in the New York City building named after him, and Mike Bloomberg's properties include a 5-story townhouse on New York's Upper East Side. Interestingly enough, both billionaires own properties in Westchester County, New York, as well as in Florida. However, when it comes to...

Katharine Hepburn’s Former Beverly Hills Home for $8.9 Million

In Hollywood, California, it’s common for homes to have a pedigreed past. Such is the case of a newly-listed Beverly Hills estate, where actress Katharine Hepburn lived at the dawn of her career and actor Boris Karloff at the height of his. After making the move from Broadway to Hollywood in 1932, Hepburn, one of the industry's leading ladies, rented the Hacienda-style home for just about five years....

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