“I suppose a lot of people have a full stomach from what he did:” Inside Yoel Goldman’s very bad year

227 Grand Street in Williamsburg, and the Tel Aviv Stock Exchange (far left)
227 Grand Street in Williamsburg, and the Tel Aviv Stock Exchange (far left)
“I suppose a lot of people have a full stomach from what he did:” Inside Yoel Goldman’s very bad year

Smaller cities look to cash in on shift to remote work

(IStock illustration by Kevin Rebong)
Smaller cities look to cash in on shift to remote work

Victoria’s Secret may close 50 stores this year

(Getty, iStock)
Victoria’s Secret may close 50 stores this year

Closings kick off at Central Park Tower

Central Park Tower at 217 West 57th Street and Extell president Gary Barnett
Closings kick off at Central Park Tower

Starwood Property Trust’s Q4 earnings fall 38%

Barry Sternlicht (Getty, Starwood, iStock)
Starwood Property Trust’s Q4 earnings fall 38%

Latest News

Clockwise from top left: Rob Speyer, Brendan Wallace, Tal Kerret, Joe Beck, Scott Rechler and Tom Hennessy
National

The definitive real estate SPAC tracker

Blink and you’ll miss a new SPAC. With billions of dollars flowing into blank-check firms, a growing number of real estate players are targeting proptech. As an alternative to the traditional IPO, special-purpose acquisition...

The definitive real estate SPAC tracker
Cushman & Wakefield CEO Brett White
National

Cushman reports 10% drop in revenue in 2020

The fourth quarter of 2020 was another tough one for Cushman & Wakefield, putting an end to a tough year for the commercial real estate giant. Cushman reported a net loss of $27.3 million...

Cushman reports 10% drop in revenue in 2020
Don Lemon and Tim Malone with their apartment at 2280 Frederick Douglass Boulevard

Making Lemonade: Don Lemon breaks even on Harlem condo sale

Something is better than nothing, particularly after the year Manhattan’s residential real estate market had in 2020. CNN anchor...

Making Lemonade: Don Lemon breaks even on Harlem condo sale
Airbnb CEO Brian Chesky (Getty)
National

Airbnb’s losses balloon to $4.6B in 2020

Despite the luster of its eye-popping IPO, Airbnb reported a $4.6 billion net loss in 2020 in its first earnings report as a public company. The hospitality startup, which is banking on a travel...

Airbnb’s losses balloon to $4.6B in 2020
The mirage of low interest rates
National Archive Issue

The mirage of low interest rates

Record-low interest rates have created an unprecedented opportunity for homebuyers. That’s the party line in the residential industry. But that’s not how things are playing out on the ground. Many buyers have little chance...

The mirage of low interest rates
Central Queens Academy's Ashish Kapadia and United's Chris Jiashu Xu with a rendering of 88-08 Justice Avenue (Linkedin, iStock)

Charter school takes 85K sf in Queens condo building

A charter school is expanding its footprint in Elmhurst. Central Queens Academy Charter School is taking an 85,000-square-foot space...

Charter school takes 85K sf in Queens condo building
(IStock illustration by Kevin Rebong)
National Issue

Smaller cities look to cash in on shift to remote work

Taylor Allen said her life after college was a “little bit nomadic,” as she moved from Virginia to China...

Smaller cities look to cash in on shift to remote work
Barry Sternlicht (Getty, Starwood, iStock)
National

Starwood Property Trust’s Q4 earnings fall 38%

Barry Sternlicht was in such a good mood during Starwood’s earnings call on Thursday that he joked he was...

Starwood Property Trust’s Q4 earnings fall 38%

Inside The National issue

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Brookfield’s internal affairs
Brookfield’s internal affairs
Brookfield’s internal affairs
When Compass comes clawing: How the firm’s contracts lock agents in
When Compass comes clawing: How the firm’s contracts lock agents in
When Compass comes clawing: How the firm’s contracts lock agents in
Making sense of the SPACe race
Making sense of the SPACe race
Making sense of the SPACe race
South Florida real estate on climate change: ‘Que Sera, Sera’
South Florida real estate on climate change: ‘Que Sera, Sera’
South Florida real estate on climate change: ‘Que Sera, Sera’
Dov Hertz (Photo by Studio Scrivo)
The Closing: Dov Hertz
The Closing: Dov Hertz
A reckoning on rent
A reckoning on rent
A reckoning on rent
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Greta Guggenheim (Getty)
National

TPG RE Finance CEO Greta Guggenheim stepping down

The head of TPG Real Estate Finance Trust is stepping down next month. Company CEO Greta Guggenheim, who joined...

TPG RE Finance CEO Greta Guggenheim stepping down
(Getty, iStock)
National

Victoria’s Secret may close 50 stores this year

Victoria’s Secret’s plans for its future are, well, not so secret. The lingerie retailer will close 30 to 50...

Victoria’s Secret may close 50 stores this year
421-427 East 14th Street (Google Maps, iStock)

Stuy Town to get new 17K sf grocery store

A new supermarket is coming to Stuy Town. Chef’s Local Harvest inked a 17,300-square-foot lease at 421-427 East 14th Street, taking over a former Associated Supermarket store, according to Okada & Company, the firm...

Stuy Town to get new 17K sf grocery store
Glenn Kelman (Randy Stewart via Flickr)
National

Redfin revenue grows as it races to hire more agents

The hot housing market has crowned another winner: Redfin. The discount brokerage reported revenue of $866.1 million in 2020,...

Redfin revenue grows as it races to hire more agents
Photo illustration of Mayor Bill de Blasio as Uncle Sam (iStock, Getty/Illustration by Kevin Rebong)

NYC has $1.3B in unpaid property taxes

Landlords and homeowners are struggling to pay their property taxes. Unpaid taxes rose to $1.3 billion this month, or about 4.5 percent of the $30 billion total due this year, according to a report...

NYC has $1.3B in unpaid property taxes
Central Park Tower at 217 West 57th Street and Extell president Gary Barnett

Closings kick off at Central Park Tower

UPDATED, Feb. 25, 2021, 11: 25 a.m.: Move-in day is approaching for buyers at the world’s tallest residential tower. Gary Barnett’s Extell Development is commencing closings at Central Park Tower, the developer announced Thursday....

Closings kick off at Central Park Tower

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