A real estate investment fund recently defaulted on $750 million of mortgages for two Los Angeles skyscrapers. A private equity firm slashed the value of its investment in the Willis […]
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Inflation Has Hit Tenants Hard. What About Their Landlords?
Geography also matters. Even among the largest landlords, those with a presence in Sun Belt cities such as Miami, Tampa, Nashville and Phoenix saw far faster rent growth than high-cost […]
In Bronx Housing Court, Tenants Fight to Stay in Their Homes
Rocio Quero Yescas is 56 and walks with a cane, and she fears she will trip and fall because the floor tiles in her apartment keep peeling up.Kenya Whitt, a […]
Start-Ups Flock to WeWork, Trellis and Other Low-Commitment Spaces
When Melissa Pancoast moved her financial literacy start-up, The Beans, into a WeWork office in San Francisco’s Salesforce Tower last May, most of the offices around her were rented out […]
WeWork Goes Public Two Years After Aborted I.P.O.
“I made a wrong decision,” Masayoshi Son, SoftBank’s chief executive, said last year. “I didn’t look at WeWork right.” SoftBank has agreed to cap its voting power in the company […]
Why $46 Billion Couldn’t Prevent an Eviction Crisis
Over the past several months, the White House and Treasury Department have been racing to deal with the program’s problems, repeatedly revising guidelines to allow tenants to receive payouts with […]
The Stigma of a Scarlet E
The apartment was just what Chanque Jones needed: four bedrooms, and $500 cheaper than the run-down house she had been renting back in Chicago. It was a fresh start for […]
Eviction Moratorium Set to Lapse as Biden Aid Effort Falters
The lapse of the federal freeze is offset by other pro-tenant initiatives that are still in place. Many states and localities, including New York and California, have extended their own […]
Lower Rents? Check. Speakeasy? Check. How Office Landlords Are Enticing Tenants.
“It used to be like, ‘Wait, why is that guy onscreen? If he wanted a meeting, why didn’t he come to SoHo?’” said Leslie D. Biddle, a partner at the […]
Rising Housing Costs Leave Homebuyers Struggling
Tasha N. Temple, 38, a client of Ms. Dutton’s, was able to remain in her two-bedroom apartment after using unemployment assistance to catch up on her overdue rent bill. She […]