Madison Square Garden's Tax Break Costs New York $42M A Year, Report Finds

The tax breaks for the arena are eating into an increasingly tight city budget.

Pressure Is On For Property Managers Tasked With Challenge Of Maintaining Profits

Sinking profits means more pressure on property managers and a bigger drive to cut costs and apply tech to multifamily operations.

Marriott Beats Q1 Expectations With $5.6B Revenue Driven By Travel Surge

The hotel operator reported stronger metrics both domestically and abroad.

Property Companies Ask Government For Regulation To Make Climate Part Of Planning Process

Planning departments applying climate policy in different ways is causing fewer houses to be built.

More Than 250 Tuesday Morning Leases To Be Auctioned Off

Home goods retailer Tuesday Morning is auctioning off 250 stores as part of its Chapter 11 restructuring effort, according to a release.

Where Do Philly's Mayoral Candidates Stand On The Issues That Matter To CRE? Part 2

Members of Philly's crowded mayoral election field answered Bisnow's CRE-focused questions on councilmanic prerogative, property taxes, parking and more.

Montgomery County Passes Rent Control Bill With 6% Cap

The final bill was a compromise between two competing proposals that called for rent caps of 3% and 8%.

MBA Survey: Commercial Real Estate Lending Dropped By Half In Q3

CRE lending was down 49% from the previous year and down 7% from the second quarter, the Mortgage Bankers Association reported.

Fannie Mae Says All Broker-Involved Agency Loans Must Now Be Pre-Reviewed

Fannie Mae will subject loans involving brokers to a pre-review. The move follows revelations that Freddie Mac was investigating Meridian Capital over a deal.

Before Buildings Crumble: The Overlooked Importance Of Building Maintenance

The impacts of building collapses can be tragic and costly.