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New York City cannot count on financial assistance from Washington to help it recover from the coronavirus pandemic, RXR Realty CEO Scott Rechler told CNBC on Friday. Instead, the real estate executive said the city’s leadership needs to be proactive in charting a path forward despite its budgetary challenges. “The answer can’t be, simply, that
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Matt Cardy | Getty Images News | Getty Images U.K. house prices saw their biggest growth since 2016 in August, climbing to a record high, according to Britain’s longest-running barometer of the property market.  The Halifax House Price Index, which is run by analysis company IHS Markit, found that U.K. house prices grew by 5.2%
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Rendering of Maude Park, Middlefield Park Source: Google When Google announced plans for its new Mountain View tech campus this week, it didn’t look like the Silicon Valley campuses that preceded it. It’s an even starker contrast from Apple‘s high-profile “spaceship” campus just several miles away, whose completed design garnered worldwide attention just two years
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Scott Mlyn | CNBC After holding flat for a couple of weeks, the number of borrowers in public and private coronavirus-related mortgage bailout programs saw a much bigger improvement than expected. Most still in getting aide, however, have extended their terms, suggesting they are still unable to get current on their home loans.  The number
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Late Tuesday, as temporary, coronavirus-related eviction protections in several states had expired, the Trump administration announced a somewhat creative plan to stop most rental evictions through the end of the year. The White House issued an order through the Centers for Disease Control and Prevention that declared evictions during a pandemic are a national health
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Rendering of Maude Park, Middlefield Park Source: Google Whoever thought the coronavirus pandemic would drastically change tech companies’ real estate plans in Silicon Valley, hasn’t met Google. The Alphabet company has proposed a new tech campus in its historic home city of Mountain View, with plans to remodel 40 acres into a mixed-use center that
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