The Real Deal New York

Mohammed bin Salman and Softbank CEO Masayoshi Son (Credit: Getty Images)
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  • Lynne Patton gets trapped in NYCHA elevator

    February 19, 2019 06:30PM
    During her month-long stay in public housing, Lynne Patton planned to draw attention to the New York Housing Authority’s extraordinary number of problems, but even she likely didn’t see this coming. On Tuesday, the top regional official at Housing and Urban Development and a...
  • LCRE Group lands $85M refi for FiDi hotel

    By Mary Diduch | February 19, 2019 06:16PM
    Richard Lou’s LCRE Group refinanced the construction loan on its new Marriott-branded hotel in the Financial District, nearly a year after the firm reportedly was on the hunt for new debt. The lender, Shanghai Commercial Bank, provided $85 million to refinance the 33-story AC...
  • A million StreetEasy accounts hacked

    By Decca Muldowney | February 19, 2019 05:45PM
    Now you can shop for StreetEasy user accounts on the dark web. In an email to users Tuesday, StreetEasy said login information for accounts on the site had been hacked by an “unauthorized party” and are currently for sale on the dark web. The...
  • Industrious sells spare-office-space platform to CRE brokerage

    By David Jeans | February 19, 2019 05:15PM
    Flexible office space firm Industrious has sold a commercial subletting platform it acquired two years ago as part of...
  • BHS names Pablo Marvel as CMO

    By E.B. Solomont and Erin Hudson | February 19, 2019 04:30PM
    UPDATE, Feb. 19, 2019, 5:30 p.m.: Three months after being named CEO of Brown Harris Stevens, Bess Freedman is shaking up the 146-year-old firm’s marketing — again. The luxury brokerage has tapped Pablo Marvel, son of Marvel Architects’ Jonathan Marvel — as its chief...
  • Brooklyn’s luxury market is picking up steam: Stribling

    February 19, 2019 04:00PM
    As was true in Manhattan, Brooklyn’s luxury residential market just had its best week of the year. Seventeen contracts were signed for a total of $54.58 million last week,...
  • Here’s what the $10M-$20M NYC investment sales market looked like last week

    By Mary Diduch | February 19, 2019 03:30PM
    In the world of NYC’s mid-market investment sales market last week, a Williamsburg walk-up traded for roughly $16 million and a developer picked up an East Harlem industrial property....
  • Saudi investors uneasy with how Son is running his $100B Vision Fund

    February 19, 2019 03:00PM
    SoftBank Group is again receiving pushback from major investors disgruntled with its brash investment decisions in tech firms that...
  • KD Sagamore aims for $96M LES sellout

    By Meenal Vamburkar | February 19, 2019 02:30PM
    KD Sagamore Capital and Ranger Properties are hoping to get $2,400 a square foot for their boutique condominium project in the Lower East Side. The developers are seeking a $95.97 million sellout for the project, according to a filing with the New York State...