Steve Cuozzo

Steve Cuozzo

Steve Cuozzo is a real estate columnist and contributor to the New York Post

  • Penn station NY
    Insight

    Cuomo’s Penn Station plans spark debate

    2021-04-08T00:00:00

    When it comes to forecasting New York City’s future, none of the conventional market analysis tools seem worth a damn.

  • Times square empty
    News

    Pandemic still biting the Big Apple

    2021-01-14T00:00:00

    New York City’s property-world panic has eased somewhat but the situation remains troubled and tense.

  • New York skyline
    Insight

    Letter from New York

    2020-08-27T00:00:00

    An exodus from Manhattan was the talk of the town in the weeks before the Labor Day holiday weekend. A ‘drastic shift’ to the suburbs became the media buzz. The out-flight resulted in a record 13,117 rental apartments standing vacant, touted as a 122% jump over 2019. Landlords are offering ...

  • New York skyline
    Insight

    Letter from New York

    2020-07-30T00:00:00

    New York City’s gradual awakening from the pandemic has yet to include Midtown Manhattan: the iconic, skyscraper-filled commercial core and nation’s economic powerhouse. The area is hushed and near-funereal in empty Times Square and little-traversed Rockefeller Center.

  • New York skyline
    Insight

    Letter from New York

    2020-07-23T00:00:00

    New York State governor Andrew Cuomo broke restaurant-lovers’ hearts when he renewed the indoor dining ban that was expected to be lifted on July 20.

  • New York
    Insight

    Letter from New York

    2020-07-09T00:00:00

    An eerie, Twilight Zone-like atmosphere descended on sweltering New York City this week. Over a muted July 4th Independence Day weekend, the Big Apple was torn between celebration and unease.

  • New York Skyline
    Insight

    Letter from New York

    2020-07-02T00:00:00

    The Big Apple has come to life again with the start of phase II of reopening. Thousands of restaurants opened outdoor seating and encouraged by good summer weather and a sustained reduction in Covid-19 infections, New Yorkers finally enjoyed a taste of pre-pandemic pleasure.

  • New York skyline
    Insight

    Letter from New York

    2020-06-25T00:00:00

    The mood on the streets lifted as New York state governor Andrew Cuomo announced that phase two of the city’s reopening would begin on 22 June – a mere two weeks after the start of the first phase, which allowed little more than construction to resume.

  • New York
    Insight

    Letter from New York

    2020-06-18T00:00:00

    New York City’s high-end real estate markets remain depressingly stalled. There’s modest life on the office front, but retail is dead in the water.

  • New York Skyline
    Insight

    Letter from New York

    2020-06-11T00:00:00

    The first week of June was possibly the most heart-wrenching in New York City’s history. Bad and good news alternated without rhyme or reason.

  • New York skyline
    Insight

    Letter from New York

    2020-06-04T00:00:00

    The beleaguered commercial scene got an unexpected jolt of energy this week. To everyone’s surprise, TikTok signed for 237,000 sq ft of offices in Times Square – the ‘Crossroads of the World’ now devoid of tourists and just about any activity.

  • New York skyline
    Insight

    Letter from New York

    2020-05-28T00:00:00

    New York City mayor Bill de Blasio said on 21 May that “all roads” lead to partial reopening of stores and businesses by mid-June. It was an unexpected upbeat note amid the prevailing gloom.

  • New York
    Insight

    Letter from New York

    2020-05-21T00:00:00

    The Big Apple’s devastated retail scene trembled even more with news that Nordstrom is to close 16 of its 116 full-line stores across the US and Neiman Marcus has filed for Chapter 11 bankruptcy.

  • New York Skyline
    Insight

    Letter from New York

    2020-05-15T00:00:00

    New York governor Andrew Cuomo has announced a region-by-region, four-stage plan to reopen the state’s frozen economy, starting with industrial and manufacturing work on 15 May. Three upstate regions have the green light on that date.

  • New York Skyline
    Insight

    Letter from New York

    2020-05-06T00:00:00

    While most New York City investment-sale and leasing transactions may remain stalled for months more, restoring life to dark office towers, some could come sooner.

  • Barneys
    News

    The demise of Manhattan fashion emporium Barneys

    2020-03-06T00:00:00

    The iconic Manhattan high-end fashion emporium Barneys recently closed its bankrupt doors for good.

  • Fifth Avenue sign
    Insight

    Penalising landlords will only worsen New York's retail woes

    2019-10-02T23:00:00

    New York, like every large American city, seems to be in the grips of a retail ‘crisis’.

  • NYC apartments
    Insight

    New rent law rocks NYC landlords

    2019-07-10T23:00:00

    New York City’s real estate moguls are reeling from the worst political defeat in their history.

  • Citigroup Building
    Insight

    Collapse of Long Island Amazon deal is bad news for New York City

    2019-03-08T12:25:00

    The governor of New York State, Andrew Cuomo, is begging Jeff Bezos to reconsider his stunning decision to walk away from a ‘done deal’ to create an Amazon campus in the Long Island City neighbourhood of Queens.

  • Prospect Heights Pacific Park
    Insight

    Letter from New York: Pacific Park's "money pit"

    2018-10-04T23:00:00

    Foreign money twice bailed out Pacific Park, one of New York City’s most ambitious but contentious developments. Now a major Chinese player has scaled back its stake. The move might put some juice back into the slow-moving Brooklyn scheme, but completion remains a far-off dream.

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