The city’s office vacancy rate reached 16.7 percent at the end of 2020, up 11 percentage points from a year ago.

The rollout of a vaccine and the likelihood of more federal COVID-19 relief measures in the near term will help sustain the apartment sector.

Signature Bank, the New York lender that’s long catered to the Trump family, also is closing two personal accounts in which the president held about $5.3 million.

Small businesses hope for a strong rebound if they can survive this winter, reports The New York Times. Staples offers to buy out Office Depot parents for $2.1 billion in cash, according to Reuters. These are among today’s must reads from around...

It’s unclear whether Biden would have the authority to remove Mark Calabria from leading the Federal Housing Finance Agency.