Tri-State
LI rental review board setting standard for local rental permits
A rental review board in Suffolk County is setting a potential precedent on Long Island and reportedly winning local...
Kushner Companies names Laurent Morali CEO
HAP sells stake in Chelsea apartments in deal valuing project at over $500M
Latest News
National Issue
How San Francisco’s king of quirk moves hard-to-sell homes with style
With over 20 years as a Bay Area real estate agent, Herman Chan has had his share of cookie-cutter,...
Mystery group sues to stop de Blasio from restricting hotel development
Bill de Blasio says his new policy will make hotel development more orderly and cut down on conflicts with...
KKR buys Hudson Yards observation deck for $500M
KKR founders Henry Kravis and George Roberts may be stepping down, but their private equity shop is looking up....
National
Newmark’s Howard Lutnick has “highly treatable” non-Hodgkin’s lymphoma
Newmark Group chairman Howard Lutnick announced Monday that he has a “highly treatable” non-Hodgkin’s lymphoma. Lutnick’s diagnosis was announced...
Tribeca penthouse rents for $85K per month, possibly setting NYC record
A Tribeca penthouse may have just become the priciest rental in New York City history. The sprawling triplex atop...
National
Howard Hughes buys 37K acres to build “city of the future”
Talk about economies of scale. The Howard Hughes Corporation announced Tuesday that it has bought the massive, master planned...
Pair of mixed-use towers to rise at site of Hell’s Kitchen slaughterhouse
Radson Development’s vision for a pair of residential towers on the site of a former slaughterhouse in Hell’s Kitchen...
Archive
Laurent Morali: President, with an asterisk
“Am I the leader of the company?” Laurent Morali, the new president of Kushner Companies, repeated the question, then answered without a moment’s hesitation. “I am.” To many New York real estate insiders, that...
Inside The National issue
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First we take Manhattan: Inside Reuben Brothers’ NYC shopping spree
Battle of Monmouth: Zell and Sternlicht’s $2B struggle over warehouse REIT
Who is still buying NYC’s rent-stabilized buildings?
How NYC’s top real estate law firms got creative in an unusual year
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National
Kushner Companies names Laurent Morali CEO
Kushner Companies is moving away from its namesake for its next CEO, promoting Laurent Morali to the post. Morali is being elevated from president to CEO effective immediately, the Wall Street Journal first reported....
National Archive
The REInterview: VTS’ Nick Romito on the power of knowing your office tenant
One of Blackstone’s smallest bets in real estate became a landmark vote of confidence in proptech — a fledgling...
HAP sells stake in Chelsea apartments in deal valuing project at over $500M
Eran Polack’s HAP Investments sold its stake in the Maverick building in Chelsea in a deal that values the...
City’s bet on Hudson Yards beginning to pay off
New York City officials bet on the success of Hudson Yards. Taxpayers may soon benefit from that risk. The...
National
VTS to buy office-app developer for $200M
Proptech unicorn VTS remains committed to the revival of office life, set to make another big acquisition in the office app space. The New York-based software and data firm is set to acquire Toronto-based...
News Analysis
Politics, City Planning on collision course
City Planning Commission votes are not known for drama. But Wednesday’s could be different. Two proposals backed by Mayor Bill de Blasio will come before the panel, whose chair and majority of members he...
San Francisco
Brookfield kicks off review process for $2B Stonestown Galleria mall redevelopment
Brookfield Properties filed plans for a $2 billion project to turn San Francisco’s Stonestown Galleria mall and its sea...
National Issue
Tug-of-war over anti-redlining law heads back to the drawing board
When Trump-appointed regulator Joseph Otting, previously a career banking executive, proposed a series of overhauls to a 1970s redlining...
Tri-State
West Orange apartments to be razed after Ida-triggered rock slide
An apartment complex in West Orange, New Jersey, is set to be demolished after a rock slide triggered by...