Shuttered East Side Marriott sold at $100M+ haircut

Hawkins Way Capital’s Ross Walker and Värde Partners’ IIfryn Carstairs with 525 Lexington
Hawkins Way Capital’s Ross Walker and Värde Partners’ IIfryn Carstairs with 525 Lexington (Getty, Värde Partners, Hawkins Way Capital, Google Maps)
Shuttered East Side Marriott sold at $100M+ haircut

Pearlmark’s Tower 56 starts forced selling for Manhattan offices

Tower 56 at 126 East 56th Street with Pearlmark’s Stephen Quazzo and Blackstone’s Jonathan Gray
Pearlmark’s Tower 56 starts forced selling for Manhattan offices

Second Circuit rules against landlords’ rent law challenge

From left: CHIP’s Jay Martin, RSA’s Joseph Strasburg and the Second Circuit Court (Getty, CHIP, RSA)
Second Circuit rules against landlords’ rent law challenge

Former NBA owner drops Gramercy Park penthouse ask to $44M

Leslie Alexander with 18 Gramercy Park South
Former NBA owner drops Gramercy Park penthouse ask to $44M

Rechler responds: RXR boss on health of his office portfolio

RXR's Scott Rechler
Rechler responds: RXR boss on health of his office portfolio

Latest News

Tamir Shemesh and Nest Seekers’ CEO Eddie Shapiro

Top broker Tamir Shemesh joins Nest Seekers

Tamir Shemesh, one of Manhattan’s top-producing brokers, is joining Nest Seekers International. The move comes less than a week after Shemesh was terminated from Serhant for unclear reasons. Nest Seekers said in a statement...

Top broker Tamir Shemesh joins Nest Seekers
50 West 66th Street and 1045 Madison Avenue

Manhattan’s luxury market starts February on a peak

Manhattan’s luxury market left its winter slump in January. The borough notched 29 deals last week, according to Olshan’s...

Manhattan’s luxury market starts February on a peak
Hawkins Way Capital’s Ross Walker and Värde Partners’ IIfryn Carstairs with 525 Lexington

Shuttered East Side Marriott sold at $100M+ haircut

Hawkins Way Capital’s purchase of a shuttered Marriott on Manhattan’s East Side came at a heavy discount from what...

Shuttered East Side Marriott sold at $100M+ haircut

Inside The National issue

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A look at real estate’s nepo babies
A look at real estate’s nepo babies
A look at real estate’s nepo babies
From California to New York, YIMBYism is going mainstream
From California to New York, YIMBYism is going mainstream
From California to New York, YIMBYism is going mainstream
Soaring costs and slowing demand complicate South Florida condo projects
Soaring costs and slowing demand complicate South Florida condo projects
Soaring costs and slowing demand complicate South Florida condo projects
Survivors of the proptech apocalypse share lessons learned
Survivors of the proptech apocalypse share lessons learned
Survivors of the proptech apocalypse share lessons learned
Multifamily player Tides Equities faces $6.5B dilemma in the Sun Belt
Multifamily player Tides Equities faces $6.5B dilemma in the Sun Belt
Multifamily player Tides Equities faces $6.5B dilemma in the Sun Belt
The Closing: Alicia Cervera Lamadrid
The Closing: Alicia Cervera Lamadrid
The Closing: Alicia Cervera Lamadrid
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From California to New York, YIMBYism is going mainstream
National Issue

From California to New York, YIMBYism is going mainstream

A red and white “PARK YOUR FLEET” sign at a defunct Harlem gas station airs the frustration of a developer...

From California to New York, YIMBYism is going mainstream
Follow the Crowd to Hollywood, Florida
Sponsored

Follow the Crowd to Hollywood, Florida

Strategically located in sunny South Florida between Miami and Fort Lauderdale, the City of Hollywood is the destination of choice for people and businesses looking to relocate from the Northeast and West Coast. In...

Follow the Crowd to Hollywood, Florida
National Association of Realtors Senior Economist Nadia Evangelou
National

The Fed’s latest hike could kickstart mortgage demand

The Federal Reserve hiked interest rates last week for the eighth time in less than a year, pushing the...

The Fed’s latest hike could kickstart mortgage demand
East Hampton Councilman David Lys and 395 Pantigo Road in East Hampton, Long Island (Getty, Google Maps, Town of East Hampton)
Tri-State

East Hampton affordable housing project nears approval

Sixteen units of affordable housing wouldn’t even make the radar screen in New York City, but in East Hampton,...

East Hampton affordable housing project nears approval
984 Noyac Path (Google Maps, Getty)
Tri-State

“Unsellable” Hamptons home finally finds a buyer

Sotheby’s found a way to sell an “unsellable” home: auction it with a starting price so low that the...

“Unsellable” Hamptons home finally finds a buyer
Extell's Gary Barnett and illustration of building (Extell Development, Getty)

Extell swaps office for resi in East Harlem

Gary Barnett’s Extell Development has other plans for an East Harlem site at 180 East 125th Street. Instead of moving ahead on an office project in a troubled commercial office environment, his firm is...

Extell swaps office for resi in East Harlem
A photo illustration of Gainesville Mayor Harvey Ward and Gainesville, Florida (Getty, Harvey Ward)
National Weekend Edition

NIMBYs triumph in Florida upzoning battle

Gainesville, Florida, was set to become the first city in the state to get rid of single-family only zoning citywide … until it wasn’t. Shortly after its members were sworn in, a city commission...

NIMBYs triumph in Florida upzoning battle

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