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Airbnb could soon face tough new restrictions in the nation’s capital
News 4 hours ago
Airbnb could soon face tough new restrictions in the nation’s capital

The district council in Washington D. C. could deliver a major blow to Airbnb on Tuesday. The council is expected to vote on legislation that would...

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SL Green clears out 609 Fifth for WeWork
News 5 hours ago
SL Green clears out 609 Fifth for WeWork

Another day, another new lease for WeWork. The co-working giant is leasing all 139,000 square feet of office space at 609 Fifth Avenue from SL...

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BIDs come out against City Council’s proposed commercial rent bill
News 5 hours ago
BIDs come out against City Council’s proposed commercial rent bill

A group featuring some of the city’s most prominent business improvement districts is coming out against the City Council’s controversial...

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New digs: Corcoran and Brown Harris Stevens are changing office spaces in Southampton
News 6 hours ago
New digs: Corcoran and Brown Harris Stevens are changing office spaces in Southampton

In an office space shuffle, the Corcoran Group and Brown Harris Stevens are shifting locations of their Southampton outposts. Corcoran will move to...

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The stupefying numbers behind a controversial bill that targets NYC hotel developers
News 7 hours ago
The stupefying numbers behind a controversial bill that targets NYC hotel developers

New York City hotel developers are about to lose nearly half of the land they can build on as-of-right. On Wednesday, New York’s City Planning...

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Morgan Stanley fund pays $47M for easement rights to Brooklyn Con Ed substation
News 20 hours ago
Morgan Stanley fund pays $47M for easement rights to Brooklyn Con Ed substation

Morgan Stanley Infrastructure paid nearly $47 million to gain easement rights to a Consolidated Edison substation in Brooklyn, according to records...

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John Catsimatidis: I’m “taming” Coney Island
News 21 hours ago
John Catsimatidis: I’m “taming” Coney Island

John Catsimatidis is just getting started in Coney Island. The billionaire Red Apple Group head is expanding his holdings in the neighborhood, the...

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Softbank shares plummet amid concerns over Saudi ties
News 22 hours ago
Softbank shares plummet amid concerns over Saudi ties

SoftBank Group’s shares sank Monday amid investor concerns that the firm’s ties to the Saudi Arabian government could hurt it in the wake of...

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Sam Chang snaps up $76M construction loan for NoMad hotel
News 22 hours ago
Sam Chang snaps up $76M construction loan for NoMad hotel

Sam Chang’s McSam Hotel Group has secured a $76 million construction loan to top off a Nomad hotel. The loan, provided by S3 Capital Partners, an...

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Brookfield closes on stake in $650M Waterside Plaza complex
News 23 hours ago
Brookfield closes on stake in $650M Waterside Plaza complex

Brookfield Property Partners purchased a stake in Richard Ravitch’s Waterside Plaza, a four-tower complex along the FDR Drive and East 25th Street,...

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LI Cheat Sheet: Woodbury Country Club to undergo multifamily conversion … & more
News 1 day ago
LI Cheat Sheet: Woodbury Country Club to undergo multifamily conversion … & more

Woodbury Country Club to undergo multifamily conversion The 16.8-acre Woodbury Country Club was bought by a New York City-based private equity firm...

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Here are the week’s top luxury sales
News 1 day ago
Here are the week’s top luxury sales

Each week, The Real Deal and CityRealty look back at Manhattan’s priciest apartment sales. Here are the week’s top luxury sales

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Hotel glut boosting deals in NYC
News 1 day ago
Hotel glut boosting deals in NYC

Hotel prices in the city have slid even as tourism surges. Prices have fallen thanks to an oversupply of rooms, according to a New York Post report...

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Here’s what the Brooklyn luxury market looked like last week
News 1 day ago
Here’s what the Brooklyn luxury market looked like last week

The Brooklyn luxury market was fairly slow last week with 12 contracts signed in the borough, split between nine townhouses and three condominiums....

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Sales officially launch at Central Park Tower
News 1 day ago
Sales officially launch at Central Park Tower

The most expensive condominium project in New York City history has officially launched sales. In the announcement, Extell Development said it is...

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Here is how landlords will be impacted by the city's new tenant harassment law
News 1 day ago
Here is how landlords will be impacted by the city's new tenant harassment law

Mayor Bill de Blasio’s administration is implementing a new anti-harassment law for landlords. The city announced the launch of the Certification...

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Manhattan’s luxury resi market notched 23 contracts last week: Olshan
News 1 day ago
Manhattan’s luxury resi market notched 23 contracts last week: Olshan

Manhattan’s luxury residential market saw 23 contracts last week, according to Olshan Realty’s latest report. The sales were driven by condominium...

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Danny Nassi heads to expanding BHS from Nest Seekers
News 1 day ago
Danny Nassi heads to expanding BHS from Nest Seekers

Danny Nassi — who was formerly one of the top agents on Ryan Serhant’s team — has joined Brown Harris Stevens. Last year, Nassi left Serhant’s team...

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Sears files for bankruptcy; will close another 142 stores
News 1 day ago
Sears files for bankruptcy; will close another 142 stores

Sears Holdings filed for bankruptcy protection early Monday, with immediate plans to close 142 stores near the end of this year. The closings are...

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They ran a brokerage, now they're sourcing deals. Why Daun and Peter landed at ABS
News 1 day ago
They ran a brokerage, now they're sourcing deals. Why Daun and Peter landed at ABS

When Daun Paris and Peter Hauspurg closed their company Eastern Consolidated this summer, some in the real estate industry figured they would...

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Brooklyn could see a new resi record. But a lot can change before the deal closes.
News 1 day ago
Brooklyn could see a new resi record. But a lot can change before the deal closes.

A massive Brooklyn Heights penthouse is in contract for more than $20 million, a record-setting price for the borough. But don’t count on it being...

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Can architecture and mass texts enliven Palm Springs' reputation as a sleepy retirement town?
News 1 day ago
Can architecture and mass texts enliven Palm Springs' reputation as a sleepy retirement town?

Palm Springs’ efforts to attract younger people to the area and make it into a thriving tourist destination began nearly a decade ago with a mass...

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Morgan Stanley’s offices are getting a millennial makeover
News 1 day ago
Morgan Stanley’s offices are getting a millennial makeover

Morgan Stanley is revamping its offices to bring techies and brokers closer — and to attract millennials. Over the next 15 months, roughly 1.2...

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Multifamily properties in Westchester are selling
News 2 days ago
Multifamily properties in Westchester are selling "like hotcakes"

Multifamily is the new single-family for those looking to buy in tony Westchester County. The assessment comes from Houlihan Lawrence broker...

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Warren Buffett's Laguna Beach beach house sells for 32% less than asking price
News 2 days ago
Warren Buffett's Laguna Beach beach house sells for 32% less than asking price

Trust Warren Buffett to finagle a winning deal no matter what. When his six-bedroom beach house in Laguna Beach’s Emerald Bay finally sold, it was...

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As Sears totters on the edge of bankruptcy, talks are reportedly underway to save part of the chain
News 2 days ago
As Sears totters on the edge of bankruptcy, talks are reportedly underway to save part of the chain

Sears Holdings’ executives and lenders are supposedly negotiating over the fate of the long-standing, much-beleaguered retail chain. According to...

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Netflix purchases huge New Mexico film studio
News 2 days ago
Netflix purchases huge New Mexico film studio

After the success of “Breaking Bad,” Netflix wants more of New Mexico and has bought a massive film studio in the state. The video-streaming giant...

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San Francisco’s ‘dirtiest block’ defies tech-fueled housing boom
News 2 days ago
San Francisco’s ‘dirtiest block’ defies tech-fueled housing boom

The “dirtiest block” in San Francisco is only a short walk from the offices of multi-billion-dollar tech companies that have helped push the median...

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What's a $1.4M tax bill to a billionaire? For Roman Abramovich, it's worth suing the government
News 3 days ago
What's a $1.4M tax bill to a billionaire? For Roman Abramovich, it's worth suing the government

You’d think 1.2 million Euros ($1.39 million) wouldn’t mean much to Roman Abramovich, but the Russian oligarch has tried what he can to avoid...

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Jared Kushner probably hasn’t paid federal income taxes in years: NYT report
News 3 days ago
Jared Kushner probably hasn’t paid federal income taxes in years: NYT report

How Jared Kushner likely avoided paying taxes on his income for about seven years is a lesson in the business of real estate. The White House...

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