top of page

NEWS HIGHLIGHTS

Selection of Recent News Highlights

For Press Inquiries, Please Use the Contact Form.

Commercial Observer

Where to Invest in Commercial Real Estate

Brian Pascus and Mark Hallum

A recent Commercial Observer forum on capital markets gathered lenders and investors, and found divergent views.

Image-empty-state.png

BisNow

A Seismic Generational Shift Is Afoot Among New York's Real Estate Stalwarts

Miriam Hall

Major shake-ups in the executive suites of some of the biggest real estate firms in New York are reshaping the leadership landscape.

Image-empty-state.png

Washington Post and Associated Press

WeWork Seeks Bankruptcy Protection

Wyatte Grantham-Philips

WeWork has filed for Chapter 11 bankruptcy protection, a stunning fall for the office-sharing company that once promised to upend the way people went to work around the world.

Image-empty-state.png

Washington Post

How Real Estate Commissions Work and Why They Might Get Lower

Rachel Kurzius

A new court verdict could upend how agents get paid. Here’s what it all means for buyers and sellers.

Image-empty-state.png

BisNow

What Comes Next In Nightingale's Plan To Pay Back Investors

Miriam Hall

Investors who are collectively owed tens of millions of dollars as the result of a botched crowdfunding real estate scheme were last week given the first indication their money would be returned.

Image-empty-state.png

NY1

After Falling Into Foreclosure, Empire Outlets on Staten Island to Go Up for Auction

Anthony Pascale

Just steps away from the busy Staten Island Ferry Terminal, the Empire Outlets seemed packed with potential. Investors counted on foot traffic and a scenic backdrop of the Manhattan skyline.

Image-empty-state.png

Associated Press

WeWork, Shortly After Warning About its Future, Seeks to Renegotiate Nearly All of its Leases

Wyatte Grantham-Philips

WeWork said Wednesday it will attempt to renegotiate nearly all of its leases and may exit some properties, an announcement coming just weeks after the workspace-sharing company sounded the alarm over its ability to remain in business.

Image-empty-state.png

Commercial Observer

Fannie Mae, Freddie Mac Lose Fitch AAA Ratings After US Downgrade

Andrew Coen

Fitch Ratings downgraded the long-term debt of Fannie Mae and Freddie Mac late Wednesday, underscoring the contagion effect from the U.S government’s first credit downgrade in 12 years.

Image-empty-state.png

Commercial Observer

Sort of on Mute: How Commercial Real Estate Leaders Spend Their Summers

Andrew Coen

Top commercial real estate pros will often escape the city during the summer heat, but the deals press on.

Image-empty-state.png

BisNow

CrowdStreet Investors, Facing Total Wipeout, Question Platform's Role In Alleged Fraud

Jarred Schenke and Matthew Rothstein

The investors who wanted to buy a piece of a trophy office building in Atlanta on the CrowdStreet platform come from all walks of life.

Image-empty-state.png

The Real Deal

Banks Cutting Losses on Distressed Office Loans

Suzannah Cavanaugh

Banks that long delayed writing down distressed property debt, favoring an extend-and-pretend approach in the hopes of a turnaround by the struggling asset, are abandoning that strategy, preferring to rip off the Band-Aid instead.

Image-empty-state.png

Channel News Asia

Any failure to increase the debt ceiling would plunge the global economy into recession: Analyst

Henry Yin

CNA's Henry Yin discusses the global implications of the US debt ceiling crisis with NYU Stern School of Business Professor Sam Chandan. He believes that a compromise between the Democrats and Republicans would be the only solution to the ongoing crisis and that any kind of default would result in a significant erosion of credibility for the world's number one economy.

Image-empty-state.png

Commercial Observer

Fed Signals End to Rate Hike Cycle Following 10th Straight Increase

Andrew Coen

The Federal Reserve continued its more than yearlong streak of interest rate hikes on Wednesday, bringing rates to their highest level since 2007, but also signaled a pause could be around the corner.

Image-empty-state.png

The Real Deal

First Republic’s failure leaves “gaping hole” in market

Isabella Farr & Suzannah Cavanaugh

Insiders forecast what’s next for real estate borrowers and lenders, given recent baking failures.

Image-empty-state.png

Wall Street Journal

Your Money Briefing Podcast: How to Avoid the Most Common Mistakes Made by Homebuyers

J.R. Whalen

From not having your finances in order to rushing through the inspection process, common mistakes made by homebuyers can derail the path to owning your dream home. On the fourth installment of WSJ’s special series “Under Contract: Your Guide to Home Buying,” Sam Chandan of New York University’s Chen Institute for Real Estate Finance joins host J.R. Whalen to discuss.

Image-empty-state.png

The Real Deal

Back to the ’90s to understand office distress

Suzannah Cavanaugh

TRD’s “Deconstruct” podcast puts rocky CRE market in historical context.

Image-empty-state.png

Commercial Observer

Why the Spotlight on First Republic? Bank’s Exposure to Tech, CRE Causes Concern

Brian Pascus

Following the collapse of two regional banks — including Signature Bank, one of New York City’s most active commercial real estate lenders — the market is abuzz with speculation around the health of other financiers, and First Republic Bank is top of mind.

Image-empty-state.png

The Wall Street Journal

Is Now a Good Time to Sell Your Home?

Veronica Dagher

The housing market still favors sellers, but buyers are more price-conscious than a year ago, real-estate agents say.

Image-empty-state.png

REBusinessOnline

Arbor Report Finds Rental Housing Insulated from Economic Contraction, Risk Factors Endure

Sam Chandan & Ivan Kaufman

Excerpt from the Arbor Realty Trust Special Report Spring 2023: Navigating a Corrective Environment.

Image-empty-state.png

Channel News Asia

Very real danger that the markets are misreading the messaging from the Fed: Economist

Avril Hong

The Federal Reserve announced its smallest interest rate hike in a year, but stressed that the battle against inflation is not over. CNA’s Avril Hong spoke to Sam Chandan, Professor of Finance at the NYU Stern School of Business, to get his take on the US central bank's policy path.

Image-empty-state.png

Commercial Observer

CRE Experts Give Their 2023 Predictions

Emily Fu

2023 could be a pivotal year for commercial real estate — basically because of what happened last year.

Image-empty-state.png

Commercial Observer

Fed Closes 2022 With Seventh Rate Hike Leaving CRE in Limbo for 2023

Andrew Coen

Commercial real estate financiers and borrowers alike remain in flux after the Federal Reserve closed its 2022 calendar with the year’s seventh interest rate hike, and no clear sign of the hikes letting up in early 2023.

Image-empty-state.png

Commercial Observer

Young Commercial Real Estate Brokers Feel the Burn of Layoffs, Pandemic

Celia Young

Amid layoffs and a worsening economic climate, the herd of commercial real estate brokers is thinning.

Image-empty-state.png

BisNow

CRE Job And Hiring Outlook: 2019-2022

Elizabeth Reyn

SelectLeaders has produced a job barometer for the commercial real estate industry to illustrate the performance of the job market and how it is shaped by external events.

Image-empty-state.png

BisNow

Inherently Suspect’: Why Is Dual Agency Everywhere In U.S. CRE When It's Banned In The UK?

Miriam Hall, Molly Armbrister

An analysis of dual agency in the CRE market.

Image-empty-state.png

Commercial Observer

NYU Stern Establishes Chao-Hon Chen Institute for Global Real Estate Finance

Emily Fu

New York University’s Stern School of Business has formed a new real estate finance institute — the Chao-Hon Chen Institute for Global Real Estate Finance — with a $20 million gift from alumnus and Stern Executive Board member Charles C.Y. Chen.

Image-empty-state.png

Morning Brew

Go with the Flow: Adam Neumann’s latest billion-dollar idea

Ashwin Rodrigues

Andreessen Horowitz bets $350 million on Adam Neumann's latest venture.

Image-empty-state.png

AXIOS

Why the rental housing market is so deeply broken

Felix Salmon

America's housing market is broken, but the deep and structural problems can't be fixed with technology.

Image-empty-state.png

Commercial Observer

Fourth Rate Hike This Year, But Powell Says We’re Not in a Recession

Emily Fu

The Federal Reserve raised its benchmark overnight interest rate by three-quarters of a percentage point on Wednesday as it attempts to tame prices without causing a severe downturn.

Image-empty-state.png

Commercial Observer

Real Estate Pride Council Launch Charts New Opportunities for LGBTQ in CRE

Andrew Coen

Sam Chandan launched the Real Estate Pride Council with the goal of enhancing networking opportunities for LGBTQ individuals in the commercial real estate profession, and he hopes the group can foster positive change for the industry.

Image-empty-state.png

Commercial Observer

Fed’s Biggest Interest Rate Hike in Decades Removes Some Uncertainty Facing CRE

Andrew Coen

The Federal Reserve’s historic move raising its benchmark interest rate by 75 basis points to combat inflationary pressures provides a necessary level of certainty to a commercial real estate industry that has been battling volatile market conditions in 2022.

Image-empty-state.png

Commercial Observer

Five Questions With NYU’s Sam Chandan at CREFC 2022

Emily Fu

Sam Chandan answers questions about CREFC, the economy, and New York City real estate at CREFC 2022.

Image-empty-state.png

GlobeSt

Real Estate Degrees: Necessary or Just Dressing?

Erik Sherman

What are the potential benefits of getting a degree in real estate for a career in real estate?

Image-empty-state.png

BBC

The New Yorkers in crisis over skyrocketing rents

Bryan Lufkin

In major cities across the globe, including New York City, rent prices have gone through the roof. It’s putting the squeeze on some renters in unmanageable ways.

Image-empty-state.png

Morning Brew

Crypto-backed mortgages let HODLers become homeowners

Ashwin Rodrigues

Looking at the future potential of cyrpto-backed mortgages and the risks involved.

Image-empty-state.png
bottom of page