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NYC is on the hunt for an Amazon replacement in Queens
News 2 hours ago
NYC is on the hunt for an Amazon replacement in Queens

Though Amazon has moved on from its plans to bring a corporate campus to Long Island City, the city hasn't given up on the Queens neighborhood...

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Real estate players kick off ICSC 2019 with gossip, dealmaking at the Wynn pool: PHOTOS
News 3 hours ago
Real estate players kick off ICSC 2019 with gossip, dealmaking at the Wynn pool: PHOTOS

The world's largest retail real estate convention kicked off poolside on Sunday, giving brokers, executives, lawyers, title insurance agents a few...

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WATCH: How the real estate industry moves to kill a bill on rental commissions
News 3 hours ago
WATCH: How the real estate industry moves to kill a bill on rental commissions

In February, a bill was introduced that would limit the commission brokers could earn in a rental transaction to one month's rent. Immediate...

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Not just Trump Tower: These NYC buildings would get absolutely hammered by Green New Deal fines
News 4 hours ago
Not just Trump Tower: These NYC buildings would get absolutely hammered by Green New Deal fines

Several properties that would likely face fines under the city's "Green New Deal" are older apartment buildings throughout the city. The...

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Brooklyn’s luxury market saw 20 contracts close above $2M last week: Stribling
News 4 hours ago
Brooklyn’s luxury market saw 20 contracts close above $2M last week: Stribling

There were 20 contracts signed in Brooklyn's luxury market last week worth about $79.6 million overall, marking the strongest week the borough has...

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This restaurant will anchor Aby Rosen’s 100 East 53rd Street condo tower
News 5 hours ago
This restaurant will anchor Aby Rosen’s 100 East 53rd Street condo tower

Aby Rosen plans to have the restaurant Le Jardinier anchor his new luxury skyscraper at 100 East 53rd Street. Rosen is tapping the restaurant group...

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There were 27 deals last week in Manhattan’s luxury market: Olshan
News 6 hours ago
There were 27 deals last week in Manhattan’s luxury market: Olshan

Manhattan's luxury market saw 27 contracts signed last week for a total of about $291 million, according to the latest report from Olshan Realty....

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The Real Deal’s Spring Tri-State issue is now available to all subscribers!
News 6 hours ago
The Real Deal’s Spring Tri-State issue is now available to all subscribers!

The Real Deal's Spring 2019 Tri-State issue is now live, and digital subscribers to TRD are getting a first look at what's inside. Subscribers now...

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New York pols want to ban rental buildings from using facial recognition technology
News 7 hours ago
New York pols want to ban rental buildings from using facial recognition technology

Landlords are increasingly looking to install smart tech in their buildings. But soon, facial recognition software may be off the table. State Sen....

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Sapir Corp. takes $32M loan from Tamir Sapir’s estate
News 21 hours ago
Sapir Corp. takes $32M loan from Tamir Sapir’s estate

The Sapir Corp. has closed on a $32 million refinancing from the estate of Tamir Sapir to pay back Israeli bonds that are due next year, The Real...

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Plans for NYC’s storm-surge barrier raise environmental concerns
News 1 day ago
Plans for NYC’s storm-surge barrier raise environmental concerns

In the years since Hurricane Sandy wrought havoc on the tri-state area, city, state and federal authorities have been racing to put together plans...

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How hospitality giant Accor plans to dominate the European co-working market
News 1 day ago
How hospitality giant Accor plans to dominate the European co-working market

Paris-based hospitality behemoth Accor has picked Airbnb's pocket with its luxury upstart brand onefinestay. And now it's looking to make money in...

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This private equity shop wants to dominate resi brokerage in Canada
News 1 day ago
This private equity shop wants to dominate resi brokerage in Canada

A private equity firm with a taste for real estate just acquired the Canadian arm of Sotheby's International Realty, which has 540 agents and 32...

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Waning appetite? World’s largest institutional investors may slow their real estate acquisitions
News 1 day ago
Waning appetite? World’s largest institutional investors may slow their real estate acquisitions

Many of the world's largest institutional investors are moving closer to their portfolio allocations for real estate assets, which may slow the...

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D.R. Horton has bought land worth millions from founder's sons
News 2 days ago
D.R. Horton has bought land worth millions from founder's sons

Homebuilding giant D. R. Horton has paid its founder's children millions of dollars to buy land to develop over the last two years. Federal...

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Texas teachers’ pension fund makes huge investment in international real estate
News 2 days ago
Texas teachers’ pension fund makes huge investment in international real estate

The Texas teachers' retirement fund is betting big on the international real estate market. The $3 billion Teacher Retirement System of Texas...

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Uber who? Softbank lenders don’t sweat rough week on stock market
News 2 days ago
Uber who? Softbank lenders don’t sweat rough week on stock market

Softbank might have a junk-level credit rating and is fresh off a stock market beating this week, but banks have never felt safer lending to the...

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“I feel like home”: Trump touts economy, gushes over agents at NAR conference
News 2 days ago
“I feel like home”: Trump touts economy, gushes over agents at NAR conference

"I feel like home," President Donald Trump said as he took the podium in front of a crowd of real estate agents on Friday. Trump received a warm...

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The 2019 ICSC party guide
News 2 days ago
The 2019 ICSC party guide

While retail brokers may be chasing a different game ICSC this year, the parties remain the main attraction of the four-day conference. Tens of...

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What to expect at ICSC in Las Vegas in 2019
News 2 days ago
What to expect at ICSC in Las Vegas in 2019

Long gone are the days of the two-decade flagship lease. Now, brokers attending this year's International Council of Shopping Centers conference in...

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Mark your calendars: These are NYC’s top real estate events next week
News 3 days ago
Mark your calendars: These are NYC’s top real estate events next week

Here are a couple of real estate events worth checking out next week! On May 21, the NAIOP NYC is holding an event on Opportunity Zones at Cushman ...

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Things could get
News 3 days ago
Things could get "ugly" with rent reforms in Albany

With New York State rent laws expiring in just under a month, insiders told the New York Daily News that the package of reforms may land in the end...

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Sam Zell looking to go public with four Equity firms overseas
News 3 days ago
Sam Zell looking to go public with four Equity firms overseas

Sam Zell's Equity International is considering taking four of its companies public in Brazil, Colombia, Mexico and India. The Chicago-based...

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Renovation kings: The city’s 30 leading general contractors
News 3 days ago
Renovation kings: The city’s 30 leading general contractors

This month, The Real Deal ranked the top 30 general contractors doing renovation work. Check out the chart below: Source: TRD analysis of initial...

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City saw net gain of 4,000 rent stabilized units last year, but there's a catch
News 3 days ago
City saw net gain of 4,000 rent stabilized units last year, but there's a catch

The city saw a net gain of rent stabilized units last year, though a majority of those apartments will lose their protected status once certain tax...

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Despite lawsuit, MDG files plans for 100-unit Fort Greene project
News 3 days ago
Despite lawsuit, MDG files plans for 100-unit Fort Greene project

Despite a lawsuit that alleges illegal spot zoning, MDG Design + Construction on Wednesday pre-filed plans for a 100-unit mixed-use project in Fort...

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In addition to building its own tech, Keller Williams is going on an acquisition spree
News 3 days ago
In addition to building its own tech, Keller Williams is going on an acquisition spree

As Keller Williams pushes forward with its new focus on tech - launching a new iBuyer program and seeking to copy its competitors - the franchise...

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Premier Equities just saved the Flatiron Hotel from foreclosure
News 3 days ago
Premier Equities just saved the Flatiron Hotel from foreclosure

Manhattan's troubled Flatiron Hotel has found a life boat in Premier Equities. Premier is paying down the debt on the hotel, which was facing...

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SLIDESHOW: Developers grapple with a changed environment while startups look toward an uncertain future at TRD forum
News 3 days ago
SLIDESHOW: Developers grapple with a changed environment while startups look toward an uncertain future at TRD forum

Despite rising political and economic headwinds, the city's leading developers remain high on the outlook for real estate in New York City. This...

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Brokers brawl for charity at 6th annual Real Estate Rumble
News 3 days ago
Brokers brawl for charity at 6th annual Real Estate Rumble

The competition among brokers can be fierce, but it rarely leads to punches being thrown. Except for Thursday night. The Chicago Real Estate Rumble...

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