The Real Deal New York

Amazon exec: "Look, the political climate was just really, really hard"

From top left: Michael Gianaris, Andrea Stewart-Cousins, Andrew Cuomo, Bill de Blasio, Jeff Bezos, Corey Johnson, Alexandria Ocasio-Cortez (Credit: Getty)

The wealthy are increasingly ditching vacation homes for lavish resorts

Wealthy jet-setters are increasingly trading vacation homes for pricey resort stays. In the winter version of “summering” abroad, luxury travelers, especially among retirees, are...

So many Opportunity Zones, so many questions for developers, investors

Developers and investors are enamored enough with the federal Opportunity Zones program that they have been raising massive funds in hopes of taking advantage...

Lichtenstein on Amazon pullout: "Worst day for NYC since 9-11"

Lightstone Group’s David Lichtenstein said Friday that Amazon’s about-face on its New York megacomplex was the “worst day for NYC since 9-11.” “Except this...

FYI: Elon Musk wanted to bring tunnels to New York

In his quest to revolutionize travel, Elon Musk had big plans for New York City. Similarly to the tunnels under construction in Los Angeles,...

Most Recent

Amazon on why its NYC campus fell through: “Look, the political climate was just really, really hard”

February 16, 2019 05:00PM

TRD NATIONAL

New York politics sent one of the most valuable companies in the world packing this week. A survey of Amazon representatives, lawmakers, public officials,...
FYI: Elon Musk wanted to bring tunnels to New York

February 16, 2019 03:00PM

TRD WEEKEND EDITION

In his quest to revolutionize travel, Elon Musk had big plans for New York City. Similarly to the tunnels...
Local court orders Austria to pay $1.7M for Hitler’s birth home

February 16, 2019 02:00PM

TRD NATIONAL

The Austrian government has to pay five times more for Hitler’s birth home than it did two years ago,...
The wealthy are increasingly ditching vacation homes for lavish resorts

February 16, 2019 01:00PM

TRD NATIONAL

Wealthy jet-setters are increasingly trading vacation homes for pricey resort stays. In the winter version of “summering” abroad, luxury...
J.Lo and A-Rod are the new owners of a three-story Malibu beach house

February 16, 2019 12:00PM

TRD LOS ANGELES

Power couple Jennifer Lopez and Alex Rodriguez are Malibu’s latest celebrity residents. Singer-actress JLo and former Yankee shortstop A-Rod...
Golfer Luke Donald sells Northfield mansion

February 16, 2019 11:00AM

TRD CHICAGO

PGA Golfer Luke Donald and his wife, Diane, sold their 11,000-square-foot north suburban mansion. The one-time PGA Player of the Year and graduate of Northwestern University sold the six-bedroom at 8 South Bristol Road...
This coastal ranch with helipads and 120 cows hit market for $110M

February 16, 2019 10:00AM

TRD LOS ANGELES

UPDATED on Feb. 14, 2019, at 11:12 p.m.: A sweeping 3,500-acre coastal ranch outside Santa Barbara with two mansions...
Gehry’s $1B The Grand project finally underway Downtown

February 16, 2019 09:00AM

A massive $1-billion development designed by Frank Gehry is finally coming to Downtown Los Angeles. Construction of The Grand, a mixed-use project with 39 stories and more than 400...
Thor abandons plans for 800K-sf Red Hook office complex

By David M. Levitt | February 15, 2019 06:47PM

Joseph Sitt’s Thor Equities is scrapping plans for an 800,000-square-foot office complex on the Red Hook shoreline, a source told The Real Deal. Instead, it now plans to build...

Videos

Watch: Here’s how Amazon’s HQ2 incentives add up

Watch: What happened to this $72M UES townhouse is key storyline in billionaire’s divorce case

Watch: New York’s most active developers
of 2018

TRD’s Amir Korangy on US housing market: “Now we’re facing a sort of perfect storm”

Inside the current issue

What’s it worth? Depends who’s asking

Elevated risk: Malfunction at NYCHA

The Closing: Bess Freedman

NYC’s residential bosses

OZ overload

The I-sales reboot

SPONSORED The Ultimate in Luxury: Private Restaurants in Residential Buildings

Home Depot buys Bronx retail location from Madison International Realty for $40M

By Mary Diduch | February 15, 2019 06:04PM

Home Depot bought two Bronx properties for $40 million, about two weeks after the retailer filed plans to build a new 133,000-square-foot store in Queens. The home improvement supplier...

Keller Williams Midtown CEO forced out: sources

By E.B. Solomont | February 15, 2019 05:00PM

Keller Williams Midtown has lost another CEO — the third in the past year. This one lasted just nine months on the job. Michael Guerra, who was hired in...
Sitex continues buying spree with $36M industrial buy in Queens

By Mary Diduch | February 15, 2019 04:30PM

After the Sitex Group sold a Red Hook logistics site for a whopping $303 million, the industrial real estate firm has gone on a buying spree. Most recently in...
Worn down: Payless shoes to close all 2K locations, declare bankruptcy

February 15, 2019 04:15PM

TRD NATIONAL

Just as Sears is emerging from bankruptcy, another major retailer battered by e-commerce is entering into it. Payless ShoeSource...
Mark your calendars: These are NYC’s top real estate events

February 15, 2019 03:45PM

There are a couple of real estate events coming up! On Feb.19, Bisnow is hosting its NYC CRE Tech Summit for 2019 at 160 Varick Street. Attend the event...
So many Opportunity Zones, so many questions for developers, investors

By Keith Larsen | February 15, 2019 03:25PM

TRD NATIONAL

Developers and investors are enamored enough with the federal Opportunity Zones program that they have been raising massive funds...

New Russia sanctions bill targets LLCs in real estate, again

February 15, 2019 02:30PM

TRD NATIONAL

The “sanctions bill from hell” is back from the dead. Republican Senator Lindsey Graham (SC) and Democratic Senator Bob...
Flexible office provider Knotel enters LA market with Santa Monica outpost

By Dennis Lynch | February 15, 2019 01:50PM

TRD LOS ANGELES

Shared office space company Knotel will open its first Los Angeles outpost in Santa Monica, expanding its U.S. reach from New York and San Francisco. Knotel will lease 12,388...
Rabsky sells Williamsburg apartment building to UDR for $130M

By Rich Bockmann | February 15, 2019 01:15PM

The Rabsky Group sold one of its large Williamsburg multifamily buildings for $130 million to Denver-based landlord UDR, which is buying at a time when several large apartment REITs...
Lichtenstein on Amazon pullout: “Worst day for NYC since 9-11”

By Hiten Samtani | February 15, 2019 12:44PM

Lightstone Group’s David Lichtenstein said Friday that Amazon’s about-face on its New York megacomplex was the “worst day for NYC since 9-11.” “Except this time, the terrorists were elected,”...
Next week: The Real Deal’s inaugural
tri-state issue drops online!

February 15, 2019 12:30PM

The Real Deal’s first-ever tri-state quarterly drops online this Tuesday, bringing readers the biggest real estate news from Long Island and the Hamptons, New Jersey, Westchester and Fairfield counties. The print...

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The Real Deal New York

Amazon exec: "Look, the political climate was just really, really hard"

The wealthy are increasingly ditching vacation homes for lavish resorts

So many Opportunity Zones, so many questions for developers, investors

Lichtenstein on Amazon pullout: "Worst day for NYC since 9-11"

FYI: Elon Musk wanted to bring tunnels to New York

Amazon on why its NYC campus fell through: “Look, the political climate was just really, really hard”

FYI: Elon Musk wanted to bring tunnels to New York

Local court orders Austria to pay $1.7M for Hitler’s birth home

The wealthy are increasingly ditching vacation homes for lavish resorts

J.Lo and A-Rod are the new owners of a three-story Malibu beach house

Golfer Luke Donald sells Northfield mansion

This coastal ranch with helipads and 120 cows hit market for $110M

Gehry’s $1B The Grand project finally underway Downtown

Thor abandons plans for 800K-sf Red Hook office complex

Popular

February 2019 issue

Videos

Inside the current issue

SPONSORED The Ultimate in Luxury: Private Restaurants in Residential Buildings

Home Depot buys Bronx retail location from Madison International Realty for $40M

SPONSORED The Power of One - SL Green Infuses History with Modernity at One Madison Avenue

Keller Williams Midtown CEO forced out: sources

Sitex continues buying spree with $36M industrial buy in Queens

Worn down: Payless shoes to close all 2K locations, declare bankruptcy

Mark your calendars: These are NYC’s top real estate events

So many Opportunity Zones, so many questions for developers, investors

New Russia sanctions bill targets LLCs in real estate, again

Flexible office provider Knotel enters LA market with Santa Monica outpost

Rabsky sells Williamsburg apartment building to UDR for $130M

Lichtenstein on Amazon pullout: “Worst day for NYC since 9-11”

Next week: The Real Deal’s inaugural
tri-state issue drops online!

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