The Real Deal New York

Some predicted it. Many dreaded it. And now that it’s here, some are calling it a form of extortion. A day after StreetEasy introduced a fee that will let...

The Cuomo administration is seeking to ensure rent regulation is reformed, in part, by trying to keep $16 million from the body that enforces rent rules. The state’s proposed...

Another apartment complex could soon go up in Jamaica. A new building application filed with the Department of Buildings on Wednesday calls for an eight-story, mixed-use building at 88-11 179th Place, near Hillside Avenue. The roughly 52,000-square-foot development will have 49 units, retail space...

Working with the FBI, Alderman Danny Solis secretly recorded colleague Alderman Ed Burke for two years before Burke was charged with trying to extort...

Global commercial real estate investment topped $730 billion last year in the top 30 cities, as investors around the...

Hedge funder Ken Griffin has closed on a massive penthouse at 220 Central Park South, paying a record-shattering $238 million, according to sources familiar with the deal. The Citadel...

The development firm trying to build a hotel in the East Village says its project was rejected over politics, not facts. Kalodop II Park Corp., which has spent years working on a proposal for...

David Werner is in contract to buy roughly 40 percent of 237 Park Avenue, valuing the Grand Central-area office building at $1.25 billion. Werner put together a syndicate of...

Property trades in Brooklyn followed the same direction as the city’s broader investment sales market: up. The borough saw $7.4 billion in total dollar volume in 2018, a 15...

Ashford Hospitality Trust Inc. is officially in business in New York City. The Dallas-based real estate investment trust paid $195 million to buy the newly built 310-room Embassy Suites by Hilton New York in the Garment District, the company announced Wednesday. It’s the firm’s...

What goes around, comes around. At least in the world of big name developers. The buyer of Larry Silverstein’s condo at 500 Park Avenue has been revealed. The apartment...

Tomorrow at 2:30 p.m. (EST), subscribers will get an inside look at our January cover story–a seven-month investigation on...

The holdout tenants of the Chelsea Hotel, who are fighting for rent-stabilized rooms, are now taking legal action. The lawsuit is a last-ditch effort to cement the property’s status...

An investigation into the city’s troubled housing agency found a culture of misconduct and employee mistreatment at one Bronx complex. Managers routinely retaliated against subordinates, rigged contracts and destroyed...

Unconventional mortgages — the likes of which were criticized for their role in the financial crisis — are making...

The Georgetown Company has landed financing for its office redevelopment at 787 11th Avenue. The company secured $410 million from Societe Generale, which provided the 10-year commercial mortgage-backed securities...

The real estate data and analytics startup CrediFi just got $6 million richer. The latest round of investments comes on the heels of its $13 million Series B funding...

A new bill may go after LLCs in real estate. Congresswoman Carolyn Maloney said she’s hoping to introduce a bipartisan bill that would force every LLC to reveal its...

Say the first thing that comes to your mind when you hear the word “vacancy”… The Real Deal played a game with some of the biggest names in the...