New York City

  • Developers Keen to Restart ULURP Process
    New York City

    Developers Keen to Restart ULURP Process

    (NEW YORK, NEW  YORK)— In the past few months, the Uniform Land Use Review Procedure (ULURP) is one of the many mundane bureaucracies to take the back seat as local politicians try to contain COVID, mitigate economic fallout, re-balance the city’s budget, and grapple with months long protests condemning the […]

  • New York City
    New York City

    High vacancy rates in NYC have resulted in modest rent drops

    (NEW YORK, NEW YORK)— New York landlords are finally beginning to drop rental prices modestly in response to the COVID-19 crisis. The change in the housing market has come sooner than experts had predicted based on past recession patterns. As recently as June 18th, StreetEasy economist Nancy Wu speculated to […]

  • Extell's Central Park Tower rises heigh above neighboring buildings, Photo by Shinya Suzuki
(CC BY-ND 2.0) - https://flic.kr/p/2hiRsmC
    New York City

    Luxury Developer Extell Took Hard-to-Get PPP Stimulus Loans

    (NEW YORK, NEW YORK)— After the Small Business Administration released its report on recipients of the Paycheck Protection Program (PPP), numerous stories emerged of the not-so-small businesses who also received the coveted loans. Among them is luxury real estate developer Extell, according to The Wall Street Journal. The company is […]