Property News

"The social, human interaction that has always been part of the strength of New York City will come back," said William Rudin, CEO and co-chairman of Rudin Management Co.

Bill Rudin of Rudin Management joins CNBC's Kelly Evans to discuss the path forward for office space in New York City as employees work from home amid the coronavirus pandemic.

A weaker-than-expected

"People are realizing that telecommuting doesn't mean you have to be in New York City five days a week," Connecticut Gov. Ned Lamont told CNBC on Friday.

Borrowers are piling into government and private lender mortgage relief programs, but the pace is finally slowing.

New leases for Manhattan apartments plunged by 71% in April, and vacancies soared as the rental market froze during the coronavirus pandemic and more residents left the city, according to a new report.

Kanye West has run into trouble with the city as he renovates the South Side home he grew up in nearly four decades ago.

CNBC's Diana Olick reports the latest information on the number of mortgage loans in forbearance amid the coronavirus pandemic.

David Marchant, CIO of Canada Life Investments, discusses the commercial real estate sector.