Federal Reserve Chairman Jerome Powell (Photo by Sarah Silbiger/Getty Images) The Federal Reserve won’t push up interest rates any time soon, the central bank’s chairman said Wednesday as the U.S. economy shrank the most in over a ...
Shortly after announcing furloughs and pay cuts, Vox Media has folded Curbed into NYMag, which it bought in September Curbed, a 14-year-old but recently hobbled digital publication focused on real estate and urban development, will be ...
Shaul Kuba and the now-former redevelopment plan (Credit: Department of City Planning) CIM Group has agreed to purchase the Baldwin Hills Crenshaw Plaza mall, and it has a very different vision for the property than the seller had. The ...
Gavin Newsom (Credit: Emma McIntyre/Getty Images) At least one Californian sees some light at the end of the tunnel. Gov. Gavin Newsom on Tuesday released a four-stage plan to reopen parts of the California economy, according to the ...
Alicia Cohen, of Nourmand, and Governor Gavin Newsom (Credit: Anda Chu/MediaNews Group/The Mercury News via Getty Images) Alicia Dry Cohen made a calculated bet three years ago, leaping from digital advertising to selling homes. “It is ...
Who isn’t longing for a meal at a favorite eatery? Michael Stillman of Quality Branded — the restaurant group behind Quality Meats, Park Avenue and Smith & Wollensky New York — is craving a meal at classic Upper East Side Italian ...
(iStock) Multifamily investment sales have yet to recover from the impact of last year’s momentous rent-law reform, continuing the slump through the first quarter of 2020. First quarter investment sales of multifamily properties over ...
The LA office market vacancy rate climbed to 10.4% in the first quarter, but the full impact of the economic slowdown is expected to be felt in Q2 and beyond (Credit: iStock) In the Los Angeles office market, all the arrows are now ...
Mortgage servicers have faced an avalanche of forbearance requests in recent weeks, but the real chaos could be six months down the line, when borrowers start trying to resume payments. (Credit: iStock) As requests for mortgage ...
Rep. Alexandria Ocasio-Cortez (Credit: Photo by Brittany Greeson/Getty Images) Rep. Alexandria Ocasio-Cortez — progressives’ rock star from New York — threw her support behind rent strikers Monday. In a virtual town hall hosted by New ...