Marcus & Millichap laying off 20% of workforce

Marcus & Millichap CEO Hessam Nadji and their Calabasas office.
Marcus & Millichap CEO Hessam Nadji and their Calabasas office.
Marcus & Millichap laying off 20% of workforce

Thor Equities sues Mactaggart over latest broken deal

Thor Equities’ Joe Sitt and a rendering of 933 Broadway (Credit: Thor)
Thor Equities sues Mactaggart over latest broken deal

Compass used Covid-19 to get out of lease: lawsuit

384-386 Atlantic Avenue and Compass CEO Robert Reffkin (Google Maps; Getty)
Compass used Covid-19 to get out of lease: lawsuit

Aby Rosen cedes control of Lever House

Aby Rosen and Lever House at 390 Park Avenue (Credit: Getty Images, Google Maps)
Aby Rosen cedes control of Lever House

Vacancy decontrol of rent-stabilized units surged 70% despite new law

(Credit: iStock)
Vacancy decontrol of rent-stabilized units surged 70% despite new law

Latest News

Thor Equities’ Joe Sitt and a rendering of 933 Broadway (Credit: Thor)

Thor Equities sues Mactaggart over latest broken deal

For anyone who thinks time has become meaningless in the coronavirus era, two big real estate investors are arguing...

Thor Equities sues Mactaggart over latest broken deal
Marcus & Millichap laying off 20% of workforce

Marcus & Millichap laying off 20% of workforce

Marcus & Millichap plans to lay off 20 percent of its workforce as the publicly traded commercial real estate...

Marcus & Millichap laying off 20% of workforce
 David Bistricer of Clipper Equity and 77 Commercial Street in Greenpoint (REIT and Google Maps)

Bistricer lands $386M construction loan for Greenpoint project

David Bistricter just landed the largest residential construction loan of the year for his massive three-tower apartment complex in...

Bistricer lands $386M construction loan for Greenpoint project
Eastern Union president Ira Zlotowitz (iStock)

Eastern Union settles with brokers who bolted over commissions

Eastern Union Funding settled its lawsuit with a group of brokers who bolted the firm two weeks ago over...

Eastern Union settles with brokers who bolted over commissions
Aby Rosen and Lever House at 390 Park Avenue (Credit: Getty Images, Google Maps)

Aby Rosen hands over Lever House to Tod Waterman and Brookfield

A partnership between Brookfield and Philip M. “Tod” Waterman III of Waterman Interests has taken over the Lever House...

Aby Rosen hands over Lever House to Tod Waterman and Brookfield
Carnegie Hill had the highest in-contract deal volume at $9.9 million for three properties. (iStock)

TRD Insights: Manhattan’s in-contract resi deals jump 52%

The number of Manhattan residential deals in-contract jumped 52 percent, providing a glimmer of hope in what has been...

TRD Insights: Manhattan’s in-contract resi deals jump 52%
(Credit: iStock)

Sibling rivalry: Alan Jemal calls Steven’s allegations “false and ridiculous”

Alan Jemal has accused his brother Steven Jemal of having “unclean hands” in a lengthy affidavit that sheds new...

Sibling rivalry: Alan Jemal calls Steven’s allegations “false and ridiculous”
384-386 Atlantic Avenue and Compass CEO Robert Reffkin (Google Maps; Getty)

Compass used Covid-19 to get out of lease: lawsuit

A Brooklyn landlord is accusing Compass of capitalizing on Covid-19 to get out of its lease. In a lawsuit...

Compass used Covid-19 to get out of lease: lawsuit
The FTSE Nareit All REITs index rose by 3.68 percent on Tuesday, outpacing the broader markets as the New York Stock Exchange reopened its trading floor following a two-month closure. (Getty; iStock)

REIT stocks rise as NYSE trading floor reopens

The reopening of the New York Stock Exchange trading floor Tuesday accompanied a burst of optimism in the stock...

REIT stocks rise as NYSE trading floor reopens

Inside The New York issue

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How Blackstone plans to keep its upper hand in the downturn

How Blackstone plans to keep its upper hand in the downturn

How Blackstone plans to keep its upper hand in the downturn
(Illustration by Alexis Manrodt)

The big debate intensifies: Are office buildings outdated or obsolete?

The big debate intensifies: Are office buildings outdated or obsolete?
Landlords battle rent strikes across the U.S.

Landlords battle rent strikes across the U.S.

Landlords battle rent strikes across the U.S.
Construction industry looks for solid ground

Construction industry looks for solid ground

Construction industry looks for solid ground
New York City's residential reckoning

New York City's residential reckoning

New York City's residential reckoning
The Closing: Barry Sternlicht

The Closing: Barry Sternlicht

The Closing: Barry Sternlicht
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@properties’ Thad Wong, Mike Golden and Nest Realty’s Jonathan Kauffmann (@properties, Nest Realty; Seymour Johnson)

@properties acquires stake in another Southern resi brokerage

Chicago-based indie brokerage @properties has acquired a significant stake in Virginia-based firm Nest Realty, giving it a foothold in...

@properties acquires stake in another Southern resi brokerage
(Credit: iStock)

Vacancy decontrol of rent-stabilized units surged 70% despite new law

Landlords managed to yank nearly 8,000 apartments out of rent regulation using high-rent vacancy decontrol last year before that...

Vacancy decontrol of rent-stabilized units surged 70% despite new law
Thalía and Tommy Mottola pay $8M for Surf Club Four Seasons condo in SoFla

Thalía and Tommy Mottola pay $8M for Surf Club Four Seasons condo in SoFla

The queen of Latin pop and her music producer husband picked up a new home in South Florida. Mexican...

Thalía and Tommy Mottola pay $8M for Surf Club Four Seasons condo in SoFla
Mayor Bill de Blasio (Getty, iStock)

Developers fume over city plan to cut affordable housing spending

Affordable housing developers are pushing back on Mayor Bill de Blasio’s plans to cut the budget for housing. The...

Developers fume over city plan to cut affordable housing spending
Stephen Ross, chairman of Related Companies (Getty)

Stephen Ross to retailers: Brace yourself for bankruptcies

Stephen Ross predicts the coronavirus pandemic will result in a “flood of cases going to the bankruptcy court.” The...

Stephen Ross to retailers: Brace yourself for bankruptcies
109 East 79th Street and Victor Sigoura (Google Maps; Getty)

Victor Sigoura lands $133M construction loan for UES condo

Victor Sigoura isn’t letting a soft luxury market or a pandemic hold up his boutique condo on the Upper...

Victor Sigoura lands $133M construction loan for UES condo
Molly Townsend (Getty, iStock)

Ex-Douglas Elliman sales manager Molly Townsend joins Triplemint

UPDATED Wednesday, May 27, 2020, 6:39 p.m.: Molly Townsend has landed on her feet — at Triplemint. Townsend had...

Ex-Douglas Elliman sales manager Molly Townsend joins Triplemint
SL Green CEO Marc Holliday and the Daily News Building  at 220 East 42nd Street (Google Maps; SL Green)

SL Green sues Chetrit over $35M deposit for scuttled Daily News deal

The botched sale of SL Green Realty’s Daily News building has become a courtroom battle. The real estate investment...

SL Green sues Chetrit over $35M deposit for scuttled Daily News deal
SmartRent co-founder and CEO Lucas Haldeman (Credit: Facebook)

Smart-home startup raises $60M with multifamily play

SmartRent, a startup that develops “smart home” hardware and software for rental apartments, has raised $60 million to bulk...

Smart-home startup raises $60M with multifamily play

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