When it rains, it pours for Joseph Sitt’s Thor Equities. A $30 million CMBS loan from Barclay’s backed by Thor’s 545 Madison Avenue was sent to special servicing due to “severe cash flow issues,” Commercial Observer reported, citing data from Trepp. Thor used the...

HAP Investments’ first project in Tribeca is moving forward with more than $107 million in financing. The $94 million construction loan for the 41-unit condominium was provided by G4...

It’s a good sign for the market when a listing kicks off a bidding war like the one that recently took place for a four-bedroom waterfront home near Orient Point. The end result was...

Want to keep up with projects being constructed in New York City? Check out The Real Deal’s interactive construction...

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...

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...

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...

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...

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 Companies closed on its purchase of a $1.1 billion portfolio of Mid-Atlantic apartment buildings with financing from Warren...

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

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

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...

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...

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...

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....

The Securities and Exchanges Commission and the Justice Department are alleging that Robert Morgan, one of the largest landlords...

Should the new maxim of salesmanship change from ABC — Always Be Closing — to ABP — Always Be...