The Real Deal New York

Delshah buying 28-building portfolio for $100M-plus

Michael Shah and 149 Rivington Street (Credit: Google Maps)

These are the industry players cited in the massive NYT housing investigation

The New York Times released a sprawling, three-part investigation about the rental market in New York City over the weekend, with in-depth reporting on...

Slate, GreenOak nearing $250M-plus deal for the Biltmore

Slate Property Group and GreenOak Real Estate are in late-stage talks to buy the Biltmore rental tower in Midtown for north of $250 million,...

Long Island Cheat Sheet

New proposals sought for Nassau Coliseum area redevelopment Nassau County Executive Laura Curran’s decision not to reassign a lease on 11 acres to Blumfield Development...

NYC’s multifamily dollar volume in March hit highest level since 2016

New York’s multifamily market had its strongest month in more than a year in March, with large-scale Manhattan sales pushing dollar volume to more...

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Delshah buying 28-building portfolio for $100M-plus

By Chava Gourarie and Mark Maurer | May 21, 2018 04:18PM

Michael Shah’s Delshah Capital is is buying a large Brooklyn-centric multifamily portfolio from Silvershore Properties for just over $100 million, The Real Deal has learned. The buildings collectively span...
Long Island Cheat Sheet: New proposals sought for Nassau Coliseum area redevelopment … & more

By Aidan Gardiner | May 21, 2018 03:10PM

New proposals sought for Nassau Coliseum area redevelopment Nassau County Executive Laura Curran’s decision not to reassign a lease on 11 acres to Blumfield Development Group has once again thrown the development of the area...
Here’s what the $10M-$20M NYC investment sales market looked like last week

By Christian Bautista | May 21, 2018 02:00PM

1.) Cheskie Weisz’s CW Realty bought a development site in Bushwick for $11.5 million. The properties, located at 333-335 Irving Avenue near the Myrtle-Wyckoff subway station, are composed of...
These are the industry players cited in the massive NYT housing investigation

May 21, 2018 01:30PM

The New York Times released a sprawling, three-part investigation about the rental market in New York City over the weekend, with in-depth reporting on the fragile condition of the...
Slate, GreenOak nearing $250M-plus deal for the Biltmore

By Rich Bockmann | May 21, 2018 01:00PM

Slate Property Group and GreenOak Real Estate are in late-stage talks to buy the Biltmore rental tower in Midtown for north of $250 million, sources told The Real Deal....
NYC’s multifamily dollar volume in March hit highest level since 2016

By Eddie Small | May 21, 2018 12:30PM

New York’s multifamily market had its strongest month in more than a year in March, with large-scale Manhattan sales pushing dollar volume to more than $1 billion. This was...
The Real Deal’s National Retail Market Report is live!

By Heidi Palatano | May 21, 2018 12:00PM

The giraffe mascot of Toys “R” Us, seen on this issue’s cover as a lanky giant laid low, made for a fitting visual for the company it represented —...
Here are the week’s top luxury sales

May 21, 2018 11:30AM

Each week, The Real Deal and CityRealty look back at Manhattan’s priciest apartment sales.
After Hilton success, Blackstone makes $4.8B bid to buy LaSalle Hotel Properties

May 21, 2018 11:10AM

Blackstone Group outmaneuvered Pebblebrook Hotel Trust to buy luxury hotel owner LaSalle Hotel Properties with an all-cash bid of $4.8 billion, including debt. The agreement comes just three days...

Inside The Current Issue

Secret listings soar

How NYC’s hard hats stack up

When luxury leaks

The “nightmare candidate” for New York real estate

Cracking the university real estate code

The Closing: Michael Phillips

More homeowners think now is the best time to sell, but that doesn’t mean they’re listing homes

May 21, 2018 10:30AM

More homeowners think now is the perfect time to sell than they have in the past 26 years. But that positive sentiment has done nothing to boost listing inventory...
Brooklyn luxury market just had its strongest week of 2018

May 21, 2018 10:00AM

Brooklyn’s luxury market had its strongest showing of 2018 last week, with 30 contracts signed across 18 houses, 10 condominiums and two co-ops. The deals went into contract for...
92nd Street Y planning $180M renovation to UES headquarters

May 21, 2018 09:30AM

On the heels of the biggest fundraising campaign in its 144-year history, the 92nd Street Y is planning a $180 million renovation of its Upper East Side headquarters. The...

Manhattan luxury market recorded 21 contracts at $4M and up last week: Olshan

May 21, 2018 09:00AM

Manhattan’s luxury market notched 21 contracts at $4 million and above last week. Harry Macklowe and CIM Group’s 432 Park Avenue took the top spot for the fourth time this...
Convene inks 93K sf lease at Brookfield’s One Liberty Plaza

May 21, 2018 08:30AM

WeWork rival Convene signed a lease for 93,000 square feet at Brookfield Property Partners’ One Liberty Plaza, which is its largest location yet. The flexible-workspace and meeting-space provider’s lease...
WATCH: VTS’ Nick Romito on tech valuations, CoStar and a possible IPO

By Ben Heitmann | May 21, 2018 08:00AM

When VTS merged with Hightower in November 2016, two fierce competitors became one. But VTS’ co-founder Nick Romito dismissed the suggestion that his company, which runs an online...

The Closing: Michael Phillips

By Mark Maurer | May 21, 2018 07:30AM

TRD ISSUE

Michael Phillips is a principal and the president of Jamestown, the real estate investment manager based in Atlanta and Cologne, Germany, with offices in New York, Boston, California and Bogotá, Columbia. The firm has nearly...
Major attendance shrinkage at the Wynn pool kicks off ICSC 2018: PHOTOS

By Adam Pincus | May 21, 2018 07:00AM

The New York City real estate players who made their annual pilgrimage to the Wynn pool in Las Vegas encountered a subdued scene on Sunday, with fewer people and...
What the Carolina Panthers’ record $2B sale means for local real estate

May 20, 2018 04:00PM

TRD WEEKEND EDITION

Billionaire David Tepper’s purchase of the Carolina Panthers is a record-breaking deal for the NFL, but the new ownership,...
Lucky Dragon hotel and casino is searching for a buyer as its prepares for onslaught of guests

May 20, 2018 02:00PM

TRD WEEKEND EDITION

If you’re headed to RECon 2018, you can try to find a room at Lucky Dragon, but move fast...
Guess how much cash co-living startups have raised in the past year

May 20, 2018 11:30AM

TRD WEEKEND EDITION

Does $78 million surprise you? That’s what a handful of co-living and short-term rental startups between New York and...

The Real Deal New York

Delshah buying 28-building portfolio for $100M-plus

These are the industry players cited in the massive NYT housing investigation

Slate, GreenOak nearing $250M-plus deal for the Biltmore

Long Island Cheat Sheet

NYC’s multifamily dollar volume in March hit highest level since 2016

Delshah buying 28-building portfolio for $100M-plus

Long Island Cheat Sheet: New proposals sought for Nassau Coliseum area redevelopment … & more

Here’s what the $10M-$20M NYC investment sales market looked like last week

These are the industry players cited in the massive NYT housing investigation

Slate, GreenOak nearing $250M-plus deal for the Biltmore

NYC’s multifamily dollar volume in March hit highest level since 2016

The Real Deal’s National Retail Market Report is live!

Here are the week’s top luxury sales

After Hilton success, Blackstone makes $4.8B bid to buy LaSalle Hotel Properties

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May 2018 issue

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Inside The Current Issue

More homeowners think now is the best time to sell, but that doesn’t mean they’re listing homes

Brooklyn luxury market just had its strongest week of 2018

92nd Street Y planning $180M renovation to UES headquarters

Manhattan luxury market recorded 21 contracts at $4M and up last week: Olshan

Convene inks 93K sf lease at Brookfield’s One Liberty Plaza

WATCH: VTS’ Nick Romito on tech valuations, CoStar and a possible IPO

The Closing: Michael Phillips

Major attendance shrinkage at the Wynn pool kicks off ICSC 2018: PHOTOS

What the Carolina Panthers’ record $2B sale means for local real estate

Lucky Dragon hotel and casino is searching for a buyer as its prepares for onslaught of guests

Guess how much cash co-living startups have raised in the past year

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