On Thursday, Cuomo said mortgage payments and foreclosures in New York will be suspended for 90 days in light of the pandemic. There will also be a grace period for loan modification, no negative reporting to credit bureaus and no late or online payment fees for the next three months.
Evictions are suspended indefinitely. New York state has suspended eviction proceedings and pending eviction orders until further notice.
Some lawmakers want to suspend construction in the city during the outbreak …
by Riccardo Ravasini 
Miami-Dade Mayor Carlos Gimenez has expanded his order of businesses that must close — and those that can remain open — during the coronavirus pandemic. All malls and casinos will have to shut down. Construction sites, hotels and banks can remain open.
Medical facilities, grocery stores, gas stations and restaurant kitchens can stay open for pick-up and delivery. The announcement is effective Thursday at 9 p.m.
Gimenez ordered all non-essential businesses to close.
Across South Florida, from Miami-Dade County to …
by Riccardo Ravasini 
Gov. Andrew Cuomo issued an executive order that places the state on what he calls a “pause”; nonessential retailers and services must be closed or have their employees work from home, and people are expected to largely stay home, with limited exceptions.
“We need everyone to be safe, or no one can be safe,” Cuomo said during a press conference announcing the new regulations.
Hotels are closing. The MTA has reduced subway service. Broadway has gone dark – all musicals suspended. …
by Riccardo Ravasini
The Waldorf Astoria’s condo conversion continues to move forward. Three years after closing its doors for its transformation, the iconic hotel has launched sales for its 375 condo residences. The new residences will range from studios starting at $1.7 million to four-bedrooms starting at $18.5 million.
Back in 2014, the developers bought the Waldorf for $2 billion, and in 2017, the hotel closed to begin renovations. Construction for the project is now underway and the developers anticipate both the …
by Riccardo Ravasini 
Riverside, a waterfront dining and entertainment venue, is now officially open in Brickell.
The venue is opening in phases, Riverside will have seven dining concepts, a tap room, multiple bars, outdoor activities and green space. In total, there will be 120,000 square feet of space on the Miami River. The design and landscaping at Riverside is said to be recreating an old Florida vibe.
The seven dining concepts are:
AWA Asian Cuisine, an Izakaya style restaurant led by Chef Gonzalo …
by Riccardo Ravasini
We studied hard to deliver a brand new report to you. The Reality Check on the Manhattan Luxury Market. Every week we hear of multi million dollar properties going on the market and sometimes the asking price seems exorbitant, because it is!
With this report we are going to tell you at what prices luxury properties are actually closing and what was their negotiability factor, anybody interested in getting a discount?
There were 79 closing at $4 million and …
by Riccardo Ravasini