WeWork bailout reduction eyed, agents revolt against StreetEasy price hike
Every weekday The Real Deal rounds up New York’s biggest real estate news. We update this page throughout the...
“Indentured landlord” in rent-reg lawsuit vents at politicians
Michael Shvo seeking $600M to refinance Coca-Cola Building
Do not hide or delete documents, WeWork execs tell employees amid layoffs
This is what Brookfield’s South Bronx megaproject will look like
What Soho’s rezoning may look like, agents revolt against StreetEasy price hike
Latest New York
Ilhan Omar’s $1T housing plan aims to create 12M affordable units
Bernie Sanders has one. So does Alexandria Ocasio-Cortez. Now, Representative Ilhan Omar has added her own housing plan to...
What’s next for the co-working business?
WeWork’s implosion could be the hard reset needed for the co-working industry. “We didn’t really estimate the magnitude of what that fallout meant for Industrious and throughout the industry,” said Katherine Lau, senior director...
Home of M&M’s Times Square store for sale, asking $200M
The home of the M&M’s store in the heart of Times Square is up for sale with an asking...
“Indentured landlord” in rent-reg lawsuit vents at politicians
One of the property owners highlighted in a federal lawsuit challenging the new rent law isn’t waiting for the...
Moving out: Blackstone sells remaining stake in Invitation Homes
The Blackstone Group sold its last piece of Invitation Homes. The private equity giant sold nearly 11 percent of...
Do not hide or delete documents, WeWork execs tell employees amid layoffs
As thousands of WeWork employees prepare to be laid off this week, the embattled company’s leadership has issued a...
Here’s what the EB-5 rule changes mean for real estate
The EB-5 program’s new federal regulations take effect today, and will double the minimum dollar amount that all foreign...
Michael Shvo seeking $600M to refinance Coca-Cola Building
Two months after acquiring the Coca-Cola building, a partnership led by Michael Shvo is looking to refinance the nearly...
Inside the New York issue
Rent-control fans protest think tank — in wrong location
Champions of the state’s new rent law declared war on billionaires at a protest Wednesday, while their target —...
This is what Brookfield’s South Bronx megaproject will look like
Brookfield has released renderings of its massive project on the South Bronx waterfront, dubbed “Bankside.” The $950 million development...
The suburban S.A.L.T. shakeout
For Vicki Gaily — co-owner and marketing director of the special properties division of northern New Jersey-based brokerage Brook Hollow Group — this year is shaping up to be far better than 2018. Gaily’s...
Coming soon: The Real Deal’s 2020 Data Book
The Real Deal is preparing the 15th edition of its Data Book, the most comprehensive collection of information on...
Data Alert! Crunching the numbers on Manhattan condo inventory
New development condo report Manhattan • Inventory contracted as developers filed fewer units than were purchased • Developers filed...
The Closing: William Shanahan
William Shanahan is one of the most prolific commercial sales brokers in the country. As co-head of CBRE’s New York City capital markets group — a role he shares with business partner Darcy Stacom — he’s...
Agents to StreetEasy: The fee is too damn high
After StreetEasy announced another fee hike, brokerages and agents are calling for an alternative platform. “Every time that something...
Large, low-key landlord snags UWS building for $100M+
One of the city’s “silent giant” landlords is starting to get busy. The Olnick Organization, which owns thousands of...
Japanese firm lands $84M financing for Midtown East buy
Shimizu Realty Development has entered the New York market, scooping up the United Nations-leased Albano building in Midtown East...
Welcome to Hipsturbia: Long Island’s New Creative Havens
Drawn by the ample space and affordability that Long Island offers, former city dwellers are turning once-sleepy towns into...
Face-to-face with Madison Realty Capital’s Managing Principal and Co-Founder Josh Zegen
Madison Realty Capital (MRC) is a New York City-based real estate private equity firm focused on debt and equity...
How smart access delivers cost-savings to multifamily owners—and helps them future-proof their properties
Whether developing a new property or renovating a building to meet residents’ needs, multifamily owners are constantly faced with decisions that will determine the...
Rooftop Revenue: A Forward Trend in Urban Real Estate
Solar options are a great way to monetize on sustainable property developments. In cities where space is a premium,...
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