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Singapore firm is buying Harry Macklowe’s stake in Midtown tower
News 5 hours ago
Singapore firm is buying Harry Macklowe’s stake in Midtown tower

Harry Macklowe is offloading his stake in a Midtown tower, while he attempts to build another one. The 82-year-old is departing 200 East 59th...

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Lawsuit: Douglas Elliman broker called me a “mulatto”
News 6 hours ago
Lawsuit: Douglas Elliman broker called me a “mulatto”

A Douglas Elliman broker who alleged that a former mentee tried to steal his clients is now being accused by her of discrimination. Jason Walker...

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Aby Rosen says Tod Waterman stabbed him in back on Lever House deal
News 7 hours ago
Aby Rosen says Tod Waterman stabbed him in back on Lever House deal

Beware of competitors offering to help you out. That is the lesson of a lawsuit filed Tuesday by RFR Realty founders Aby Rosen and Michael Fuchs...

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Vornado’s 220 Central Park South closes $64M condo sale
News 8 hours ago
Vornado’s 220 Central Park South closes $64M condo sale

Vornado Realty Trust's 220 Central Park South has closed another pricey sale. Unit 49A, which has five bedrooms and six bathrooms, sold for $64.1...

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Going Once, Going Twice! Portfolio of rent-stabilized properties hits auction block
News 9 hours ago
Going Once, Going Twice! Portfolio of rent-stabilized properties hits auction block

A portfolio that includes a sizable chunk of rent-stabilized apartment units is hitting the auction block. Bids for the 10-property portfolio,...

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Manhattan Office Leasing Through September 2019
News 10 hours ago
Manhattan Office Leasing Through September 2019

Office leasing in Manhattan • Midtown saw 1,070,000 square feet in office leases inked in September, up 37 percent from August but down 39 percent...

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Douglas Elliman Launches CRM, Business and Marketing Tool
News 13 hours ago
Douglas Elliman Launches CRM, Business and Marketing Tool

Douglas Elliman is hoping it's found a divine trinity in a new tool that combines marketing, business management and a customer relationship...

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Sales rise as Keller Williams pours money into tech
News 14 hours ago
Sales rise as Keller Williams pours money into tech

Sales at Keller Williams rose 5.6 percent during the third quarter, even as the Austin-based franchise faced increasing competition from rivals....

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Commercial rent stabilization bill makes a comeback, retail leasing gets boost from falling rents
News 15 hours ago
Commercial rent stabilization bill makes a comeback, retail leasing gets boost from falling rents

Every weekday, The Real Deal rounds up New York's biggest real estate news. We update this page throughout the day, starting at 9 a.m. Please send...

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Control freaks: Institutional players take over landlords’ war on rent caps
News 16 hours ago
Control freaks: Institutional players take over landlords’ war on rent caps

When Steve Kessner began buying East Harlem rental buildings in the 1980s, like most landlords of rent-stabilized apartments, he played the long...

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Black Developers on Unequal Partnerships with Big Builders
News 17 hours ago
Black Developers on Unequal Partnerships with Big Builders

Developers of color say the problem of larger builders using them as tokens has not been solved - even on private projects, where no government...

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Perella Weinberg Eyeing 550 Madison Avenue
News 1 day ago
Perella Weinberg Eyeing 550 Madison Avenue

The former Sony Building's much-hyped and long-delayed revitalization is close to snagging its first big tenant. Boutique investment bank Perella...

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New York City Investment Sales In September 2019
News 1 day ago
New York City Investment Sales In September 2019

Manhattan investment sales rebounded in September with $2.47 billion in deals recorded -more than double August's total and slightly above the 12...

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NAR approves controversial Pocket Listings Ban Policy
News 1 day ago
NAR approves controversial Pocket Listings Ban Policy

UPDATED 11:15 a.m., Nov. 11: The National Association of Realtors' board approved a controversial policy that could drastically cut down on pocket...

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Trinity Church to construct another Hudson Square office tower
News 1 day ago
Trinity Church to construct another Hudson Square office tower

Another new office building is going up in the Hudson Square neighborhood in Lower Manhattan, which has been undergoing a commercial revitalization...

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WeWork reportedly in talks to hire T-Mobile exec as CEO
News 1 day ago
WeWork reportedly in talks to hire T-Mobile exec as CEO

After the dramatic ouster of former CEO Adam Neumann, WeWork may have found a new leader. The company is in talks with T-Mobile US Inc. chief...

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The SEC questioned WeWork’s financial metrics, Michael Shah claims his ex-girlfriend assaulted him
News 1 day ago
The SEC questioned WeWork’s financial metrics, Michael Shah claims his ex-girlfriend assaulted him

Every weekday The Real Deal rounds up New York’s biggest real estate happenings. We update this page throughout the day, starting at 9 a.m. Please...

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New York Residential Agent Continuum’s Game Plan For Year Two
News 1 day ago
New York Residential Agent Continuum’s Game Plan For Year Two

After a year of building resources, a new advocacy group for New York City's residential agents is starting to make an imprint on the industry. The...

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Why HFF has been muscling out some of JLL’s top producers
News 1 day ago
Why HFF has been muscling out some of JLL’s top producers

The mandate became clear soon after the $2 billion JLL and HFF merger was announced: Even though JLL was buying its competitor, HFF would be the...

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Here’s what the $10M-$30M investment sales market looked like last week
News 1 day ago
Here’s what the $10M-$30M investment sales market looked like last week

Recent sales in New York include a Qatari LLC's purchase of seven commercial condos in Midtown's St. Regis building and Palard Realty Corp's...

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Los Angeles Luxury Condo Market Top Amenities and Perks
News 4 days ago
Los Angeles Luxury Condo Market Top Amenities and Perks

When developer Richard Lewis closed on $21 million for a condo in Emaar Properties' Beverly West this July, the dwelling came with notable...

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Adam Neumann, Masayoshi Son Sued Over WeWork IPO Failure
News 4 days ago
Adam Neumann, Masayoshi Son Sued Over WeWork IPO Failure

Shareholder litigation against WeWork's major players has begun. Co-founder Adam Neumann, SoftBank head Masayoshi Son and board members of the...

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Industry blasts tenant real estate campaign finance report
News 4 days ago
Industry blasts tenant real estate campaign finance report

A tenant-backed campaign attacking Democratic senators on Long Island for donations from real estate got a chilly reception from the Senate...

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Data Dive! It’s the new development condo report for Brooklyn and Queens
News 4 days ago
Data Dive! It’s the new development condo report for Brooklyn and Queens

Every month, TRD Research analyzes condo plan filings and property records to see what new projects developers are bringing into each borough’s...

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Michael Shvo to unveil tropical gardens with LaLanne exhibit at the Raleigh in Miami
News 4 days ago
Michael Shvo to unveil tropical gardens with LaLanne exhibit at the Raleigh in Miami

Developer Michael Shvo will unveil a LaLanne exhibit at the Raleigh hotel in Miami Beach ahead of Art Basel, a move that draws parallels to his...

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Barry Sternlicht talks Ross Perot, WeWork and economic slowdown on Q3 call
News 4 days ago
Barry Sternlicht talks Ross Perot, WeWork and economic slowdown on Q3 call

Starwood Property Trust's CEO Barry Sternlicht sees an economic slowdown in the near future as the country faces a new presidential election. "I've...

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L&L, Safehold lock in $592M in financing for Downtown building
News 4 days ago
L&L, Safehold lock in $592M in financing for Downtown building

UPDATE: Friday, Nov. 8, 2019, 2:10 p.m.: L&L Holding Company and its partners have secured a $350 million financing package for 195 Broadway, a 29...

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Zillow Is Testing a Closing Services Platform
News 4 days ago
Zillow Is Testing a Closing Services Platform

In an effort to become a one-stop shop for home buying and selling, Zillow is testing a closing-services platform in an undisclosed number of...

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Luis D. Ortiz splits with business partner Ronita Kalra
News 4 days ago
Luis D. Ortiz splits with business partner Ronita Kalra

Luis D. Ortiz is officially on his own. The celebrity broker, who returned to Bravo's "Million Dollar Listing New York" this season, has left the...

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News Corp. sees digital real estate revenues rise
News 4 days ago
News Corp. sees digital real estate revenues rise

Side businesses may be coming to Realtor.com. The site's parent company Move Inc. will be moving into offering "adjacencies," such as mortgages, as...

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