NREI WIRE

The index for pending home sales rose by 2.8 percent month-over-month in June.

Hilco Redevelopment Partners plans to redevelop Boston’s L Street Power Station into a mixed-use waterfront project.

The Wall Street Journal looks at why the Federal Reserve is preparing to cut interest rates this week for the first time since 2008. Amazon explores a new grocery store chain, designed for in-store shopping, as well as pick-up and delivery...

The high-end fitness chain opened its first hotel in Manhattan this month.

Treasury Secretary Steven Mnuchin’s assertion that Amazon destroyed the retail industry is wrong.

“We have a lot of options in front of us, actually very creative and interesting options,” said MGM Resorts CEO Jim Murren.

Amazon may strike a lease for office space at the former Lord & Taylor flagship in New York, reports the Wall Street Journal. MarketWatch looks at where 2020 presidential candidates stand on affordable housing. These are among today’s must reads...

The share of Americans who own their homes fell to 64.1 percent in the second quarter of 2019.

The New York City Council passed legislation this week that required it to track numerous metrics for commercial properties.

Congestion fees in New York City may decrease commercial real estate values, reports Forbes. Barneys New York is raising financing for bankruptcy, according to CNBC. These are among today's must reads from around the commercial real estate industry.