The Real Deal New York

Oleg Cassini's UES mansion faces foreclosure proceedings

15 East 63rd Street and Oleg Cassini (Credit: Google Maps and Getty Images)

New NYCHA head Gregory Russ’s $400K salary triggers outrage

NYCHA head Gregory Russ (Credit: Minneapolis Public Housing Authority and iStock)

Say ahhhh: Dentist's 15 CPW pad hits market asking $27M

Unit 34C at 15 Central Park West (Credit: iStock)

Former head of Kohl's takes 50 UN Plaza PH

Jay and Patty Baker, 50 United Nations Plaza (inset) and the interior of Penthouse 39 (Credit: Getty Images)

Elliman's CTO Jeffrey Hummel is out

Most Recent

Local nonbank lenders trounced traditional banks in mortgage lending

By Keith Larsen | June 20, 2019 01:45PM

TRD MIAMI

TRD ISSUE

Something about this moment seems all too familiar. Prior to the financial crisis, small mortgage companies were lending to...
Land under Dream Downtown hotel sells
for $175M

By Mary Diduch | June 20, 2019 01:00PM

The land under the trendy Dream Downtown hotel in Chelsea has sold for $175 million — though it won’t affect the hotel’s operations, according to the hotel’s management company....
Jeff Sutton lands $90M refi for Madison Ave Gold Coast property

By Kevin Sun | June 20, 2019 12:16PM

A month after a $90 million balloon payment was set to come due, Jeff Sutton’s Wharton Properties has refinanced the retail space at 747 Madison Avenue for three more...
Oleg Cassini’s UES mansion faces foreclosure

By Christian Bautista | June 20, 2019 11:45AM

An Upper East Side townhouse once owned by late fashion designer Oleg Cassini is now facing foreclosure. Florida-based lender Lynx Asset Services, which holds a $9.5 million mortgage on...
New NYCHA head Gregory Russ’s $400K salary triggers outrage

June 20, 2019 11:00AM

The incoming head of the New York City Housing Authority is facing backlash over reports that he will take home a $402,000 salary. Mayor de Blasio recently appointed Gregory...
Say ahhhh: Dentist’s 15 CPW pad hits market asking $27M

By Mary Diduch | June 20, 2019 10:20AM

A dental mogul bought a 34th-floor apartment at 15 Central Park West for just under $9 million over a decade ago. And now he’s ready to sell it. Dr....
Late fashion designer Kate Spade’s New York home comes to market

June 20, 2019 09:31AM

The former home of late fashion designer Kate Spade has been listed with an asking price of $6.35 million. The Lenox Hill co-op was purchased by Spade and her...
Feds lists Paul Manafort’s Trump Tower condo for $3.6M

June 20, 2019 09:00AM

For the second time this month, a luxury unit once owned by President Trump’s former campaign manager is hitting the market. Feds have listed Paul Manafort’s former Trump Tower...
Education firm Kaplan takes two floors at
5 Columbus Circle

By Kevin Sun | June 20, 2019 08:30AM

Kaplan International, a provider of standardized test prep and language education services, is expanding its operations in New York City. The company has signed a lease for 25,000 square...

Inside the current issue

Can eXp’s virtual world work in New York?

CEO spin wash

The Closing: Jay Sugarman

Heirs unapparent

Manhattan’s top listers

Carlton Group — post
Howard Michaels

SPONSORED My Neighborhood: Marcus Samuelsson’s Harlem

Former head of Kohl’s takes 50 UN Plaza PH

By David Jeans | June 20, 2019 08:00AM

The top floors of 50 United Nations have in recent months been sold to diplomatic missions. Now, they’ll have to make room for a different kind of resident. Jay...

Why CEO churn in the resi business is hitting new highs

By E.B. Solomont | June 20, 2019 07:30AM

TRD ISSUE

As the housing market nationwide sputters along, many real estate firms are accelerating deal flow in one key area:...
Elliman’s CTO Jeffrey Hummel is out

By Erin Hudson | June 20, 2019 07:00AM

TRD NATIONAL

At a time when brokerages are upping their tech game, Douglas Elliman is out a chief technology officer. After nearly four years at the residential brokerage, Jeffrey Hummel left his post in May. His...

Photography startup that caters to real estate raises $230M

By Sylvia Varnham O’Regan | June 19, 2019 06:30PM

TRD NATIONAL

A French startup that offers on-demand photography to real estate firms around the world has raised $230 million in...
Entry-level homes sell fast in Fairfield, $1.2B in projects secure Westchester tax subsidies and more Westchester & Fairfield real estate news

By Maya Rajamani | June 19, 2019 06:00PM

TRD TRI-STATE

Buyers are snapping up entry-level homes in Fairfield County Entry-level houses in Fairfield County are selling fast — though the...

Indian hotel startup to launch in NYC, LA with $300M US investment

By Eddie Small | June 19, 2019 05:45PM

TRD NATIONAL

The Indian startup company OYO Hotels & Homes plans to invest $300 million in the United States over the...
The Airbnb crackdown continues: City accuses individuals, landlords of operating ring of illegal hotels

By Eddie Small | June 19, 2019 05:30PM

The city is suing a total of 13 people and firms for using Airbnb and other platforms to turn housing units in 36 Queens, Manhattan and Bronx buildings into...
CRE scorecard: Manhattan office leasing through March 2019

By Kevin Sun and Yoryi de la Rosa | June 19, 2019 04:15PM

TRD ISSUE

OFFICE LEASING IN MANHATTAN Midtown office leasing continued to rise in April, totalling 1.85 million square feet, a 38...
In nondisclosure states, Zestimate and hearsay are hurting home buyers and sellers

June 19, 2019 03:30PM

TRD NATIONAL

In states like California and New York, agents and prospective home buyers can easily find out if they are...
Greenwich estate where Charles Lindbergh once flew seeks $26M

June 19, 2019 02:45PM

TRD TRI-STATE

A waterfront estate in Greenwich with a private dock that was once used by famed aviator Charles Lindbergh has...
Facebook is launching its own financial marketplace. Will the real estate industry sign on?

By David Jeans | June 19, 2019 02:00PM

TRD NATIONAL

Facebook’s long-awaited crypto-anchored financial marketplace may emerge as a game-changer for real estate when it debuts next year. The...

Local nonbank lenders trounced traditional banks in mortgage lending

Land under Dream Downtown hotel sells
for $175M

Jeff Sutton lands $90M refi for Madison Ave Gold Coast property

Oleg Cassini’s UES mansion faces foreclosure

New NYCHA head Gregory Russ’s $400K salary triggers outrage

Say ahhhh: Dentist’s 15 CPW pad hits market asking $27M

Late fashion designer Kate Spade’s New York home comes to market

Feds lists Paul Manafort’s Trump Tower condo for $3.6M

Education firm Kaplan takes two floors at
5 Columbus Circle

Popular

June 2019 issue

Inside the current issue

SPONSORED My Neighborhood: Marcus Samuelsson’s Harlem

Former head of Kohl’s takes 50 UN Plaza PH

SPONSORED Building a Sustainable City: SL Green Prioritizes an Environmentally Conscious Ethos

Why CEO churn in the resi business is hitting new highs

Elliman’s CTO Jeffrey Hummel is out

SPONSORED Meridian’s NY Institutional Investment Sales Team to Market Shovel-Ready Boutique Development Site in the East 70s

Photography startup that caters to real estate raises $230M

Entry-level homes sell fast in Fairfield, $1.2B in projects secure Westchester tax subsidies and more Westchester & Fairfield real estate news

Indian hotel startup to launch in NYC, LA with $300M US investment

The Airbnb crackdown continues: City accuses individuals, landlords of operating ring of illegal hotels

CRE scorecard: Manhattan office leasing through March 2019

In nondisclosure states, Zestimate and hearsay are hurting home buyers and sellers

Greenwich estate where Charles Lindbergh once flew seeks $26M

Facebook is launching its own financial marketplace. Will the real estate industry sign on?

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June 2019 issue

Inside the current issue

SPONSORED My Neighborhood: Marcus Samuelsson’s Harlem

SPONSORED Building a Sustainable City: SL Green Prioritizes an Environmentally Conscious Ethos

SPONSORED Meridian’s NY Institutional Investment Sales Team to Market Shovel-Ready Boutique Development Site in the East 70s

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