Quantcast

The Real Deal New York

Category: Popular

  • From left: Daniel Rahmani, Joseph Rahmani, Simon Goltche, Josh Rahmani and Ebi Khalili

    From left: Daniel Rahmani, Joseph Rahmani, Simon Goltche, Josh Rahmani and Ebi Khalili

    UPDATED, March 27, 10:47 a.m.: Brothers Daniel and Joseph Rahmani, who were tossed out of Venture Capital Properties last month, have now joined a new brokerage, Capital Property Partners. The move comes as their battle with their former partners Ebi Khalili and Arash “Josh” Rahmani continues to escalate. [more]

    Comments
  • The aftermath of the explosion at 121 Second Avenue in the East Village

    The aftermath of the explosion at 121 Second Avenue in the East Village (Credit: Claire Moses/The Real Deal)

    UPDATED, March 27, 12:23 p.m.: A five-story East Village building collapsed Thursday afternoon after an explosion rocked the structure and caused it to partially collapse. Two people are still unaccounted for, according to news reports.

    Smoke emanated from the 8,460-square-foot property at 121 Second Avenue, near 7th Street, following a blast around 3:20 p.m., officials told the New York Daily News. The fire then spread to the neighboring building, 123 Second Avenue, which has now also collapsed, with 119 Second Avenue in danger of collapsing. At least 19 people were injured — four of whom are in critical condition, the New York Post reported. About 130 firefighters initially battled the fire, but as of 5:15 p.m. Thursday, about 250 were on the scene. Investigators suspect that a gas leak at Sushi Park on the ground floor of 121 Second Avenue sparked the explosion, according to news reports. [more]

    Comments
  • Adam Mermelstein and the Tel Aviv Stock Exchange

    Adam Mermelstein and the Tel Aviv Stock Exchange

    Treetop Development, one of a handful of American real estate firms that have turned to the Tel Aviv Stock Exchange as a source of capital, has withdrawn its bid to raise approximately $30 million on the exchange after Israeli investors came back with unfavorable terms. [more]

    3 Comments
  • From left: Michael Stern, Ian Bruce Eichner, Scott Alper and banner outside New World Stages (credit: Mark Maurer)

    From left: Michael Stern, Ian Bruce Eichner, Scott Alper and banner outside New World Stages (credit: Mark Maurer)

    The fight between Michael Stern’s JDS Development Group and a prominent construction trade group spread to a real estate conference Thursday morning, as protesters rallied outside and, in one instance, shouted from the audience. [more]

    1 Comment
  • Richard-Steinberg

    From left: Fred Peters and Richard Steinberg

    Richard Steinberg, Warburg Realty’s top-producing broker, is leaving the firm for rival Douglas Elliman, at a time when changes at the top at Warburg have created a schism in the company culture. [more]

    6 Comments
  • Luigi Rosabianca

    Luigi Rosabianca

    Luigi Rosabianca, a prominent real estate attorney who specializes in representing ultra-high-net-worth foreign buyers, has been suspended from practicing law after a Manhattan court found there was evidence to suggest he mishandled client funds and that he refused to cooperate with an investigation. [more]

    5 Comments
  • Compass CEO Robert Reffkin and Corcoran CEO Pam Liebman

    Compass CEO Robert Reffkin (Credit: Michael Toolan) and Corcoran CEO Pam Liebman

    Compass responded Wednesday to the Corcoran Group’s lawsuit against it, saying in a statement to The Real Deal that the New York State Supreme Court has “flatly rejected” Corcoran’s complaints against the startup brokerage.

    According to Compass, the “Court scoffed at Corcoran’s attempt to prevent its agents from working for Compass and merely instructed Compass’ personnel to continue complying with Company policies already in place — not accessing others’ listings databases and following existing non-solicit agreements.” [more]

    16 Comments
  • The Well Brooklyn

    From left: 260-272 Meserole Street in East Williamsburg, Cam’Ron at the Well and Holly White

    A 19th-century East Williamsburg warehouse with tenants such as concert venue the Wick, beer garden the Well and multiple music rehearsal spaces sold Wednesday for $26 million, The Real Deal has learned. [more]

    1 Comment
  • Inside a Compass job offer

    March 24, 2015 06:14PM
    Compasscontract

    (Credit: Juan Zielaskowski)

    UPDATED: 8:19 p.m., March 24: When Gene Martinez, the former Soho manager for the Corcoran Group, decamped to Compass earlier this year, he accidentally left a key document on his Corcoran work computer: a copy of his job offer from Compass. [more]

    20 Comments
  • From left: Cadre co-founders Jared Kushner, Ryan Williams and Josh Kushner

    From left: Cadre co-founders Jared Kushner (Credit: Adam Pincus), Ryan Williams and Josh Kushner

    Jared and Joshua Kushner, backers of some of real estate’s hottest tech startups, are now themselves stepping into the ring. The brothers have launched Cadre, a real estate investment vehicle that aims to connect institutional investors with opportunities in gateway markets, The Real Deal has learned. [more]

    1 Comment
  • From left: 167 Mott Street, Abraham Daniels and 69-33 Austin Street in Queens

    From left: 167 Mott Street, Abraham Daniels and 69-33 Austin Street in Queens

    Abraham Daniels’ A.D. Real Estate Investors Inc. sold a 28-unit rental building at 167 Mott Street for $17 million, the Turken Foundation bought a two-parcel site for $15.6 million in Murray Hill, and more in this week’s roundup of mid-market sales.

    Comments
  • PamLiebmanGeneMartinezPatrickBrennanRobertReffkin

    From left: Pam Liebman, Gene Martinez, Patrick Brennan and Robert Reffkin

    The Corcoran Group, which has been hemorrhaging agents to startup brokerage Compass in recent months, slammed the rival brokerage with a lawsuit today alleging it “brazenly and intentionally” raided key Corcoran offices. [more]

    61 Comments
  • From left: 901 Washington Avenue in Crown Heights, 3100 Brighton 2nd Street in Brighton Beach (inset: Douglas Eisenberg and Aaron Jungreis)

    From left: 901 Washington Avenue in Crown Heights, 3100 Brighton 2nd Street in Brighton Beach (inset: Douglas Eisenberg and Aaron Jungreis)

    Heller Realty, led by Ben Heller and Arnold Simon, has taken a big bite out of the Brooklyn multifamily market with the $206.5 million purchase of an 11-building portfolio from Douglas Eisenberg’s A&E Real Estate, The Real Deal has learned. [more]

    1 Comment
  • Aby Rosen, 350 Madison Avenue and Mitch Konsker

    Aby Rosen, 350 Madison Avenue and Mitch Konsker

    Looking to boost its office leasing, Aby Rosen’s RFR Realty replaced a mainly in-house team of agents with a JLL team, which will now be responsible for its entire 14-building New York City portfolio. [more]

    Comments
  • River and Warren

    River & Warren

    Teens and preteens are becoming savvy connoisseurs of New York real estate. [more]

    3 Comments
  • url-8

    David Copperfield his collection of Coney Island antiques and the building at 117 East 57th Street

    Magician David Copperfield’s rooftop swimming pool recently sprung a leak, flooding his apartment and causing water damage as far as 30 stories below. [more]

    4 Comments
  • Screen-Shot-2015-03-21-at-3.46

    A screen shot of the broadcast report

    A tragic fire in Brooklyn has claimed the lives of seven Orthodox Jewish children. [more]

    1 Comment
  • The Winklevoss twins and their

    The Winklevoss twins and their Los Angeles home

    Tyler and Cameron Winklevoss have put their stunningly contemporary Los Angeles home up for rent, charging tenants a whopping $150,000 a month. Click here for a look inside their home, which includes an infinity pool and amazing views of the city.

    4 Comments
  • From left: Leonard Steinberg, Debra LaChance, Hudson Rise at 462-470 11th Avenue, Saif Sumaida and Ashwin Verma

    From left: Leonard Steinberg, Debra LaChance, Hudson Rise at 462-470 11th Avenue, Saif Sumaida and Ashwin Verma

    Residential brokerage Compass could become a casualty of the legal hullabaloo at Hudson Rise, if the partnership between the project’s three development firms turns to dust. [more]

    1 Comment
  • Elon Musk Tesla

    From left: Elon Musk and Lynn Farris

    Can going green by leasing solar panels for your roof cost you money — or headaches — when you go to sell the house?

    Possibly both. Say you get pitched by one of the growing number of companies offering solar panels at no upfront cost that they claim will save you lots of money on electricity bills. Sounds like a slam dunk. So you sign on. Then a few years later you decide to sell the house. You assume that the presence of solar panels can only be a marketing plus, maybe even get you a higher price. Everybody goes for green, right? [more]

    5 Comments
MENU

Subscribe to our email newsletters

New York Real Estate News
South Florida Real Estate News