The Real Deal New York

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

David Lichtenstein and Long Island City

Rabsky sells Williamsburg apartment building to UDR for $130M

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...

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...

New Russia sanctions bill targets LLCs in real estate, again

The “sanctions bill from hell” is back from the dead. Republican Senator Lindsey Graham (SC) and Democratic Senator Bob Menendez (NJ) on Wednesday introduced...

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

After the Sitex Group sold a Red Hook logistics site for a whopping $303 million, the industrial real estate firm has gone on a...

Most Recent

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...
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...

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

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...
“They know how to reach us.” Rejected Amazon HQ2 suitors may give it another try

By Katherine Kallergis | February 15, 2019 12:00PM

TRD NATIONAL

What about now? They may have been rejected once, but they’re not giving up. At least a handful of...
Alamo Drafthouse is growing at City Point in Downtown Brooklyn

February 15, 2019 11:15AM

Fans of dinner-and-a-movie chain Alamo Drafthouse rejoice. There will soon be 400 more seats at the theater’s Downtown Brooklyn location. Alamo Drafthouse have inked a lease to add 25,000...
Should seniors take the rap for the gap in homeownership by millennials?

By Kenneth R. Harvey | February 15, 2019 10:30AM

TRD NATIONAL

Are senior homeowners preventing millennials from buying houses? Could the decisions of millions of older owners to “age in...
“Amazon will be missed”: LIC’s resi market mania will cool with tech giant’s departure

By Meenal Vamburkar and Kevin Sun | February 15, 2019 10:00AM

In mid-November, condo units suddenly began to sell sight-unseen. Lines for open houses stretched around the block. Amazon’s announcement that it would create a massive campus on the shores...

Faced with high land prices, developers are turning to oddly-shaped lots across the city

February 15, 2019 09:30AM

The future of affordable housing in the city might look a little…funny. Developers looking for new opportunities are building on lots previously ignored because they were too small, too...
National Cheat Sheet: Amazon dumps NYC, Google plans $13B real estate investment, Sears survives… & more

By Maya Rajamani | February 15, 2019 09:00AM

Amid opposition, Amazon says ‘adios’ to LIC site for HQ2 So long, Big Apple. Amazon has scrapped its plans to build a new campus in Long Island City, Queens...
Amid mounting scrutiny, Trump Org abandons plans for hotel chains

February 15, 2019 08:30AM

TRD NATIONAL

The Trump Organization is abandoning plans to build two nationwide hotel chains amid growing scrutiny over the company, and...
JPMorgan is redesigning 270 Park after pushback over public space

February 15, 2019 08:07AM

JPMorgan Chase is going back to the drawing board. Following push-back from the local community and politicians over public space, the banking firm is redesigning its new proposed office...
At the desk of: Rachelle Friedman

By Meenal Vamburkar | February 15, 2019 07:30AM

TRD ISSUE

Before Apple, Amazon, Google and Spotify dominated the music and tech scenes, there was J&R Music and Computer World. The store, a New York City institution, opened across from City Hall in 1971 and...

LAST PRICE :		$64.44
CHANGE ($):		$0.27
CHANGE (%):		0.41%

The Real Deal New York

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

Rabsky sells Williamsburg apartment building to UDR for $130M

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

New Russia sanctions bill targets LLCs in real estate, again

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

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

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

Popular

February 2019 issue

Videos

Inside the current issue

SPONSORED The Ultimate in Luxury: Private Restaurants in Residential Buildings

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

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

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

“They know how to reach us.” Rejected Amazon HQ2 suitors may give it another try

Alamo Drafthouse is growing at City Point in Downtown Brooklyn

Should seniors take the rap for the gap in homeownership by millennials?

“Amazon will be missed”: LIC’s resi market mania will cool with tech giant’s departure

Faced with high land prices, developers are turning to oddly-shaped lots across the city

National Cheat Sheet: Amazon dumps NYC, Google plans $13B real estate investment, Sears survives… & more

Amid mounting scrutiny, Trump Org abandons plans for hotel chains

JPMorgan is redesigning 270 Park after pushback over public space

At the desk of: Rachelle Friedman

Latest South Florida issue

Latest Los Angeles issue