New York City

  • Neiman Marcus at Bal Harbour, Photo by Phillip Pessar (CC BY 2.0)  https://flic.kr/p/2dRhD9K
    New York City

    BREAKING: Bankrupt Neiman Marcus closing location at Hudson Yards

    (NEW YORK, NEW YORK)— After its glitzy grand opening at Hudson Yards just last year, Neiman Marcus has recently declared bankruptcy and announced that it will close the location, Bloomberg News reports. The news comes as an ugly shock to the local retail landscape and Hudson Yards’ main developer, Related […]

  • Photo by Burak K from Pexels
    New York City

    Is COVID hurting the real estate market at much as expected?

    (NEW YORK, NEW YORK)— A shocking report second-quarter report from Miller Samuel shows that median sales price in Manhattan has fallen by 17.7 percent compared to the second quarter of 2019, and the number of sales in Manhattan has fallen by 54.1% percent. Has COVID-19 taken its toll? An analysis […]

  • Image of NY State Senate courtesy of cityandstateny.com
    New York City

    Three new bills proposed to address COVID-19 housing crisis

    (NEW YORK, NEW YORK)—  Housing advocacy groups have worked with progressive New York senators to introduce three new housing bills that they say will provide tenants and homeowners with the grace period they need to recover from the economic shock of COVID-19. Failure to protect struggling tenants now, they warn, […]