The Real Deal New York

EB-5 money up in the air after Greenland agrees to sell Pacific Park site

Nicholas Mastroianni, Daniel Brodsky, and Greenland USA CEO Hu Gang and a rendering of Pacific Park in Brooklyn (Credit: L&L Mag)

AOC says rents went up immediately post-Amazon. That appears untrue

Rising Democratic star Alexandria Ocasio-Cortez, whose congressional district borders Long Island City, was one the most prominent politicians to oppose the Amazon “HQ2” deal....

Is Eric Benaim the brokerage king of Queens?

Almost immediately after city and state officials announced their deal with Amazon to build half of its “second headquarters” in Long Island City, the...

Piece of Ko-Rec-Type portfolio sells for $23M

One piece of the Ko-Rec-Type portfolio in Williamsburg traded for $23 million, after sitting on the market for roughly 11 months. The parcel, located...

Massive Sunset Park site in Opportunity Zone just hit the market for $150M

A group of Flushing-based developers who have struggled with the rezoning process in Sunset Park have put their large development site on the market....

Most Recent

As investors fear reforms in Albany, Rego Park multifamily portfolio hits market asking $210M

February 21, 2019 09:00AM

Could this be the litmus test for the multifamily market in a Democratic-controlled Albany? A family with a portfolio of Rego Park apartment buildings is testing investor interest for rent-regulated apartments as state lawmakers...
Massive Sunset Park site in Opportunity Zone just hit the market for $150M

February 21, 2019 08:30AM

A group of Flushing-based developers who have struggled with the rezoning process in Sunset Park have put their large development site on the market. The developers had planned a...
AOC says rents went up $200-$300 after Amazon selected Queens. That appears untrue

By Kevin Sun | February 21, 2019 08:00AM

Rising Democratic star Alexandria Ocasio-Cortez, whose congressional district borders Long Island City, was one the most prominent politicians to oppose the Amazon “HQ2” deal. Now that the deal has...
Is Eric Benaim the brokerage king of Queens?

By Eddie Small | February 21, 2019 07:30AM

TRD ISSUE

Almost immediately after city and state officials announced their deal with Amazon to build half of its “second headquarters”...
EB-5 money up in the air after Greenland agrees to sell Pacific Park site

By Rich Bockmann | February 21, 2019 07:00AM

Brooklyn’s 22-acre Pacific Park megaproject has hit another snag — this time with the project’s EB-5 loan. Roughly a quarter of a $249 million mezzanine loan that Chinese EB-5...
Host Hotels buys Sternlicht’s 1 Hotel South Beach for $610M, setting new record

By Katherine Kallergis | February 20, 2019 07:01PM

TRD MIAMI

Host Hotels paid $610 million for 1 Hotel South Beach, marking a new per-room record for Miami-Dade hotel sales...
Piece of Ko-Rec-Type portfolio sells for $23M

By Mary Diduch | February 20, 2019 06:18PM

One piece of the Ko-Rec-Type portfolio in Williamsburg traded for $23 million, after sitting on the market for roughly 11 months. The parcel, located at 96 North 10th Street,...
Send the date: Share your real estate events with The Real Deal

February 20, 2019 04:50PM

Each week, The Real Deal provides a roundup of the top real estate events in New York you need to know for the week ahead. Send conferences, panel events,...
Jamie LeFrak in contract to buy Pine Tree Drive spec mansion: sources

By Katherine Kallergis | February 20, 2019 04:35PM

TRD MIAMI

Jamie LeFrak, vice chairman and managing director of LeFrak, is the latest wealthy New York developer looking to put...

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

Gotham lands $184M to refi two Manhattan rental buildings

February 20, 2019 02:50PM

Joel Picket’s Gotham Organization landed an injection of debt to cover two Manhattan rental properties. Wells Fargo loaned $184 million to refinance the properties, which combined have more than...

Data wars: Inside the fight to lead CRE’s
data revolution

By Konrad Putzier | February 20, 2019 02:05PM

TRD ARCHIVE

In the last week of October, commercial real estate brokers all over the country received a package via snail...
Douglas Elliman to hold MeToo conference–and Bo Dietl will be part of it

By Kathryn Brenzel | February 20, 2019 01:30PM

UPDATED, February 20, at 2:15 p.m.: Douglas Elliman is launching a “MeToo investigation platform” created by recent mayoral hopeful and private investigator Bo Dietl. The brokerage and Dietl plan...
Westchester & Fairfield Cheat Sheet: Scarsdale lands on ‘richest places’ index,
co-working arrives in Trumbull … & more

By Maya Rajamani | February 20, 2019 01:03PM

Scarsdale ranks second on ‘Bloomberg Richest Places’ index A Westchester County town has taken one of the top spots on the Bloomberg Richest Places annual index. Scarsdale placed second...
Follow The Real Deal’s Deal Sheet
on Instagram!

February 20, 2019 11:45AM

Shaya Sonnenschein and Shaya Ackerman of Meridian Capital Group represented the owner, Marx Development Group. The loan was issued by Mack Real Estate Credit Strategies. #commercialrealestate #nycrealestate #trdny #trddealsheet...
Troubled loan backing Lever House sees $68M in losses

February 20, 2019 11:00AM

The debt on the iconic Lever House at 390 Park Avenue has sold at a $68 million loss. An entity tied to Ramsfield Hospitality Finance paid $12.8 million for...

The Hamptons’ home runs: A look at the priciest home sales of 2018

By Aidan Gardiner | February 20, 2019 10:15AM

TRD SUBSCRIBERS

One mansion sold for $18.7 million and another for $40 million, but the bookends of the 10 priciest home...
EQ Office signs financial services firm to
3-floor spread at Park Avenue Tower

February 20, 2019 09:30AM

A financial services firm has signed a three-floor lease at Park Avenue Tower, the 36-story building owned by Blackstone Group subsidiary EQ Office. PineBridge Investments, a global asset manager,...
City issues subpoena for 20K apartment listings on Airbnb

February 20, 2019 09:07AM

New York City has issued a subpoena to Airbnb demanding the short-term rental site hand over the details of 20,000 apartment listings in the city. In a bid to...
Salt Bae is bringing a new burger spot to
220 PAS

February 20, 2019 08:30AM

Celebrity chef Nusret Gökçe has signed a lease at 220 Park Avenue South to open a new restaurant. Known by food aficionados as Salt Bae, the chef’s new restaurant,...
Here’s what the $20M-$30M NYC investment sales market looked like last week

By Mary Diduch | February 20, 2019 08:00AM

New York City’s investment sales in the $20 million to $30 million range last week spanned asset classes and neighborhoods, from a warehouse deal in Crown Heights to an...

LAST PRICE :		$63.91
CHANGE ($):		$-0.42
CHANGE (%):		-0.66%

The Real Deal New York

EB-5 money up in the air after Greenland agrees to sell Pacific Park site

AOC says rents went up immediately post-Amazon. That appears untrue

Is Eric Benaim the brokerage king of Queens?

Piece of Ko-Rec-Type portfolio sells for $23M

Massive Sunset Park site in Opportunity Zone just hit the market for $150M

As investors fear reforms in Albany, Rego Park multifamily portfolio hits market asking $210M

Massive Sunset Park site in Opportunity Zone just hit the market for $150M

AOC says rents went up $200-$300 after Amazon selected Queens. That appears untrue

Is Eric Benaim the brokerage king of Queens?

EB-5 money up in the air after Greenland agrees to sell Pacific Park site

Host Hotels buys Sternlicht’s 1 Hotel South Beach for $610M, setting new record

Piece of Ko-Rec-Type portfolio sells for $23M

Send the date: Share your real estate events with The Real Deal

Jamie LeFrak in contract to buy Pine Tree Drive spec mansion: sources

Popular

February 2019 issue

Videos

Inside the current issue

SPONSORED The Ultimate in Luxury: Private Restaurants in Residential Buildings

Gotham lands $184M to refi two Manhattan rental buildings

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

Data wars: Inside the fight to lead CRE’s
data revolution

Douglas Elliman to hold MeToo conference–and Bo Dietl will be part of it

Westchester & Fairfield Cheat Sheet: Scarsdale lands on ‘richest places’ index,
co-working arrives in Trumbull … & more

Follow The Real Deal’s Deal Sheet
on Instagram!

Troubled loan backing Lever House sees $68M in losses

SPONSORED First ABC, Now Google, What’s Next for West Soho?

The Hamptons’ home runs: A look at the priciest home sales of 2018

EQ Office signs financial services firm to
3-floor spread at Park Avenue Tower

City issues subpoena for 20K apartment listings on Airbnb

Salt Bae is bringing a new burger spot to
220 PAS

Here’s what the $20M-$30M NYC investment sales market looked like last week

Latest South Florida issue

Latest Los Angeles issue