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Real Estate News
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Long Island City will continue growth without Amazon, says real estate brokerage CEO
CNBC's "Power Lunch" team talks with Robert Frank, CNBC's wealth reporter, and Eric Benaim, CEO of Long Island City brokerage Modern Spaces, about how Amazon's decision to pull out of Queens will impact real estate. Read Article
'Million Dollar Listing' agent Ryan Serhant: Buyers are 'freaking out' about Amazon ditching NYC
"Amazon coming, I think, was a great thing," says Ryan Serhant. "All they wanted to do was bring jobs." Read Article
Alphabet's Sidewalk Labs wants a cut of Toronto taxes to build a smart city there
Alphabet's Sidewalk Labs reportedly proposed receiving a cut of property taxes, development fees and increased land value for its work in Toronto. Read Article
Here's what a luxury NYC real estate agent thinks about Amazon HQ2
Ryan Serhant, real estate agent and managing director at NestSeekers International, started his career in Long Island City. He is well known as one of the real estate agents on Bravo's "Million Dollar Listings New York." Watch what he has to say about the Amazon HQ2 situation and how his clients are being affected. Read Article
Sunlight REIT: We see some 'light at the end of the tunnel'
Keith Wu, CEO of Sunlight REIT, says interest rates continue to be a risk factor to business, but is now "more contained." Read Article
A 'sad day' for New York: Democratic congressman says Amazon backed out of HQ2 deal 'too quickly'
"I wish Amazon had stuck it out a little bit longer, because in the long term I believe that this would have been a good deal for both," said Rep. Gregory Meeks, D-N.Y. Read Article
Here's how Long Island City real estate could be impacted by Amazon
Amazon has canceled plans for its Long Island City headquarters. CNBC's Diana Olick reports on the before and after impact on the real estate market. Read Article
Citi strategist: We still like the tech sector in the US
There are short-term ups and downs in the technology sector, but 5G networks and artificial intelligence are "unstoppable trends," and investors should position themselves based on these "longer-term certainties," says Ken Peng of Citi Private Bank. Read Article
Why the Chinese market has become more optimistic now
Ronald Wan of Partners Financial Holdings says the sentiment in Chinese markets has become more optimistic than before because investors can see that the authorities are tackling problems in the economy from "360 degree(s)." Read Article
Google will spend $13 billion on U.S. real estate in 2019, expanding into Nevada, Ohio and Texas
Google will expand into Nevada, Ohio, Texas and Nebraska for the first time, adding new data centers in those states and offices elsewhere. Read Article