The Real Deal New York

Sour grapes at 111 West 57th: AmBase tries again to reclaim the Manhattan supertall

From left: JDS Development Michael Stern, 111 West 57th Street, and Property Markets Group founder Kevin Maloney (Credit: Getty Images)

Kushner closes $1.1B multifamily buy with financing from Berkadia

City sues HomeAway for failure to submit listings data

Engel & Völkers is breaking into Brooklyn

Leona Helmsley and Doug Harmon (Credit: PetMD and Cushman & Wakefield)

How it happened: Doug Harmon and Leona Helmsley

Most Recent

The Real Deal ranks the East End’s top luxury brokers, billionaire buys four Amagansett parcels for $35M & more Hamptons real estate news

By Aidan Gardiner | May 23, 2019 06:30PM

Despite a down market, Hamptons resi brokers remain resolute The Real Deal rolled out this week it’s annual ranking of the top East End brokers and brokerage firms, and one again, the Vichinsky brothers...
Sour grapes at 111 West 57th: AmBase tries again to reclaim the Manhattan supertall

By David Jeans | May 23, 2019 06:00PM

At 111 West 57th Street, the under-construction luxury residential tower’s legal history is as long as the tower is tall. And it’s about to get longer. AmBase Corporation, a...
Port Authority considering three options for new Midtown bus terminal

May 23, 2019 05:30PM

The Port Authority of New York and New Jersey is moving ahead with plans to replace the “world’s busiest” bus terminal. The agency announced on Thursday that it was...
Chicago banker accused of bailing Manafort out of foreclosure in exchange for Trump administration post

May 23, 2019 05:00PM

TRD NATIONAL

The chairman of a Chicago bank who allegedly bailed Paul Manafort out of foreclosure in exchange for a high-level post in the Trump administration...
How it happened: Doug Harmon and Leona Helmsley

May 23, 2019 04:30PM

In the late 1990s, when Cushman & Wakefield’s Doug Harmon was still a fairly anonymous broker at Eastdil Secured, a man at a dinner party in Anguilla let him...
Kushner closes $1.1B multifamily buy with financing from Berkadia

By Rich Bockmann | May 23, 2019 04:02PM

TRD NATIONAL

Kushner Companies closed on its purchase of a $1.1 billion portfolio of Mid-Atlantic apartment buildings with financing from Warren...
City sues HomeAway for failure to submit listings data

By Mary Diduch | May 23, 2019 03:23PM

The city is suing HomeAway to force the short-term rental website to turn over records related to listings on its platform. As part of its investigation into short-term rentals,...
Engel & Völkers is breaking into Brooklyn

By Eddie Small | May 23, 2019 02:30PM

Engel & Völkers will be the newest entrant into Brooklyn’s residential market. The firm announced on Thursday that it has opened three new locations in the borough in Dumbo,...
Blackstone’s next real estate debt fund is aiming for $5B

May 23, 2019 02:05PM

TRD NATIONAL

Blackstone is aiming to raise $5 billion for its latest real estate debt fund. The fund, Blackstone Real Estate...

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VIDEO: How Larry Silverstein attracts “hipper” companies to FiDi

Brokers in cabs: Corcoran Group’s Sydney Blumstein

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Real estate's surveillance state

The sovereign wealth shift

Has #MeToo changed real estate?

The 520 Park posse

New York construction’s heavy lift

The Closing: Suri Kasirer

SPONSORED 10 Expert Tips for NYC Renters

Home prices roar in Arlington, whimper in Manhattan post-Amazon

May 23, 2019 01:30PM

TRD NATIONAL

Manhattan home prices have sputtered along after Amazon scuttled plans for part of its HQ2 in Long Island City,...

Glenwood refinances another UES tower with a $102M loan

By Eddie Small | May 23, 2019 12:45PM

The deals between Prudential and Glenwood are continuing to hum along. Prudential Multifamily Mortgage has provided Glenwood with a $102 million loan backed by Fannie Mae to refinance their...
NY golf course property tax bill comes
up short

May 23, 2019 12:00PM

Legislation that sought to smooth the greens for higher tax rates on New York golf courses is not likely to pass this year. The property tax bill, which stemmed...

Domed penthouse at 240 Centre Street gets yet another price cut

By Mary Diduch | May 23, 2019 11:30AM

Remember that penthouse nestled in the domed clocktower at the New York Police Department’s former headquarters? It’s back on the market — and with another price chop. Douglas Elliman’s...
De Blasio names Clare Newman president of Governors Island

May 23, 2019 10:45AM

Mayor Bill De Blasio has appointed Clare Newman, the current executive vice president of the Brooklyn Navy Yard, to be president and CEO of the Trust for Governors Island....

One of the country’s largest landlords accused of “Ponzi scheme-like” scam

May 23, 2019 10:00AM

TRD NATIONAL

The Securities and Exchanges Commission and the Justice Department are alleging that Robert Morgan, one of the largest landlords...
Social media tips from some of the Tri-State area’s top homesellers

By Ellen Paris | May 23, 2019 09:15AM

TRD ISSUE

Should the new maxim of salesmanship change from ABC — Always Be Closing — to ABP — Always Be...
Brookfield, Fortress among bidders vying for Anbang’s US hotel portfolio

May 23, 2019 08:50AM

TRD NATIONAL

Chinese officials looking to sell Anbang’s portfolio of 15 U.S. hotels received offers from 17 bidders, including Brookfield Asset...
WeWork signed four leases this week for its “headquarters” offering

By David Jeans | May 23, 2019 08:00AM

In its quest to gobble up as many leases as possible, WeWork has signed another four locations in Manhattan this week for its “headquarters” offering. The flexible office space...
Will Boston Properties’ latest real estate bets withstand a downturn?

By Eddie Small | May 23, 2019 07:30AM

TRD ISSUE

Boston Properties is riding high on Wall Street. But the success of some of its less tested plays in...
Brokers in cabs: Corcoran Group’s Sydney Blumstein

By Adam Pogoff | May 23, 2019 07:00AM

In the second episode of The Real Deal‘s new series “Brokers In Cabs,” the Corcoran Group’s Sydney Blumstein talked about agent gossip, how a dating competition in her rental...

Sour grapes at 111 West 57th: AmBase tries again to reclaim the Manhattan supertall

Kushner closes $1.1B multifamily buy with financing from Berkadia

City sues HomeAway for failure to submit listings data

Engel & Völkers is breaking into Brooklyn

How it happened: Doug Harmon and Leona Helmsley

The Real Deal ranks the East End’s top luxury brokers, billionaire buys four Amagansett parcels for $35M & more Hamptons real estate news

Sour grapes at 111 West 57th: AmBase tries again to reclaim the Manhattan supertall

Port Authority considering three options for new Midtown bus terminal

Chicago banker accused of bailing Manafort out of foreclosure in exchange for Trump administration post

How it happened: Doug Harmon and Leona Helmsley

Kushner closes $1.1B multifamily buy with financing from Berkadia

City sues HomeAway for failure to submit listings data

Engel & Völkers is breaking into Brooklyn

Blackstone’s next real estate debt fund is aiming for $5B

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May 2019 issue

Videos

Inside the current issue

SPONSORED 10 Expert Tips for NYC Renters

Home prices roar in Arlington, whimper in Manhattan post-Amazon

SPONSORED Rent Regulation Bills Pending in Albany Won’t Solve New York City’s Housing Crisis

Glenwood refinances another UES tower with a $102M loan

NY golf course property tax bill comes
up short

SPONSORED Garment District Refashions Itself for a Promising and Diverse Futures

Domed penthouse at 240 Centre Street gets yet another price cut

De Blasio names Clare Newman president of Governors Island

SPONSORED Who leads the development process?

One of the country’s largest landlords accused of “Ponzi scheme-like” scam

Social media tips from some of the Tri-State area’s top homesellers

Brookfield, Fortress among bidders vying for Anbang’s US hotel portfolio

WeWork signed four leases this week for its “headquarters” offering

Will Boston Properties’ latest real estate bets withstand a downturn?

Brokers in cabs: Corcoran Group’s Sydney Blumstein

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May 2019 issue

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Inside the current issue

SPONSORED 10 Expert Tips for NYC Renters

SPONSORED Rent Regulation Bills Pending in Albany Won’t Solve New York City’s Housing Crisis

SPONSORED Garment District Refashions Itself for a Promising and Diverse Futures

SPONSORED Who leads the development process?

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