The Real Deal New York

Grand Central Tech and Milstein’s technology venture plans $52M life sciences hub

6 East 43rd Street, Michael Milstein (blue) and Matt Harrigan (red) (Credit: Agorafy and Twitter)

Simon Baron pays $313M for partner's stake in LIC resi complex

Simon Baron Development bought its partner’s stake in a 467-unit Long Island City residential complex, the second such transaction for the company in the...

Health care for all? Compass and Cigna roll out agent coverage

With more than 7,000 agents working under its banner, Compass is wading into health care coverage. The venture backed-firmed said Monday that it’s partnering...

Cassena Care lands $61M loan for Crown Heights nursing facility

Nursing home operator Cassena Care secured a $61.4 million loan for a senior housing facility that it acquired last year. Bank of America provided...

Speculators descend on top contenders for Amazon HQ2

As cities continue to court Amazon, real estate speculators are betting on areas they think might be the home of the online giant’s second...

Most Recent

John Banks clashes with Corey Johnson over commercial rent bill at marathon hearing

By Eddie Small | October 22, 2018 06:45PM

REBNY President John Banks viciously criticized the City Council’s proposal for a controversial commercial rent bill on Monday during a marathon hearing that lasted well into the evening. “This legislation will...
Simon Baron pays $313M for partner’s stake in LIC resi complex

By Christian Bautista | October 22, 2018 06:22PM

Simon Baron Development bought its partner’s stake in a 467-unit Long Island City residential complex, the second such transaction for the company in the past two weeks. The company...
Grand Central Tech and Milstein’s technology venture plans $52M life sciences hub in Midtown

By Rich Bockmann | October 22, 2018 05:30PM

The Midtown technology campus launched earlier this year by Milstein Properties and Grand Central Tech is looking to get in on the biotech and life sciences craze. Company, the venture the two formed earlier...
Cassena Care lands $61M loan for Crown Heights nursing facility

By Christian Bautista | October 22, 2018 04:45PM

Nursing home operator Cassena Care secured a $61.4 million loan for a senior housing facility that it acquired last year. Bank of America provided the debt, which replaces a...
Coming soon: The Real Deal’s 2019
Data Book

October 22, 2018 04:05PM

The Real Deal is preparing the 14th edition of its Data Book, the industry’s single most comprehensive collection of information on the New York-area real estate market. Included in...
Broadway producer lists Palm Beach oceanfront estate for $135M

October 22, 2018 03:30PM

TRD MIAMI

A Broadway producer just listed her 5-acre estate in Palm Beach for $135 million — an asking price that...
Harry Einhorn is planning a 65-unit building at a former Flatbush furniture store

By Eddie Small | October 22, 2018 03:00PM

Developer Harry Einhorn is planning to build a 65-unit mixed-use project in Flatbush on the site of a former neighborhood furniture store. The seven-story project will be located at...
Speculators descend on top contenders for Amazon HQ2

October 22, 2018 02:30PM

TRD NATIONAL

As cities continue to court Amazon, real estate speculators are betting on areas they think might be the home...
Here are the week’s top luxury sales

October 22, 2018 02:00PM

Each week, The Real Deal and CityRealty look back at Manhattan’s priciest apartment sales.

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Westbrook Partners lands investment from Goldman Sachs

October 22, 2018 01:30PM

TRD NATIONAL

Petershill, a subsidiary of Goldman Sachs’ asset management unit, has bought a stake in real estate investment firm Westbrook...
Long Island Cheat Sheet: Pair of hotels added to $1.5B Nassau Coliseum plan …
& more

By Aidan Gardiner | October 22, 2018 01:00PM

A pair of hotels added to $1.5B Nassau Coliseum redevelopment plan Brett Yormark, CEO of BSE Global, and Scott Rechler, CEO of RXR Realty, for the first time laid...
Health care for all? Compass and Cigna roll out agent coverage

By E.B. Solomont | October 22, 2018 12:30PM

TRD NATIONAL

With more than 7,000 agents working under its banner, Compass is wading into health care coverage. The venture backed-firmed...

SPONSORED

Most expensive Condo auction by a developer in US history November 10th

Elon Musk’s latest Twitter prediction: LA loop tunnel project to open soon

October 22, 2018 12:00PM

TRD LOS ANGELES

Elon Musk is back in the news on one of his favorite places: Twitter. The billionaire entrepreneur tweeted out an announcement Sunday, saying his Boring Company will open its...
Subscribers: Here’s the info for today’s call

October 22, 2018 11:05AM

TRD SUBSCRIBERS

Today at 2:30 p.m. (EST), subscribers will get an inside look at our October cover story, which dives deep...
Blackstone gave Saudi sovereign wealth fund discounts to invest in record $40B infrastructure fund

October 22, 2018 10:45AM

TRD NATIONAL

Saudi Arabia’s sovereign wealth fund received discounts from the Blackstone Group last year when it pledged $20 billion for...

Here’s what the Brooklyn luxury market looked like last week

October 22, 2018 09:50AM

The Brooklyn luxury market picked up slightly last week with 16 contracts signed in the borough, split between nine townhouses, six condominiums and one co-op. The properties sold for...
Rival developers cry foul after Nassau County backs RXR Realty for $1B project

October 22, 2018 09:20AM

UPDATED, Oct. 22, 1:08 p.m.: Developers who submitted proposals for a $1 billion project to develop the land around Nassau Coliseum are crying foul after RXR Realty’s Scott Rechler –...
Manhattan’s luxe resi market notched 17 contracts last week: Olshan

October 22, 2018 08:41AM

Manhattan’s luxury residential market recorded 17 contracts at $4 million and above last week, according to Olshan Realty’s luxury market report. Last week’s totals were down from 21 contracts...
Can NYC shed its test-tube status?

By Eddie Small | October 22, 2018 07:30AM

TRD ISSUE

Taconic Investment Partners and Silverstein Properties are betting big on a 10-story office building they co-own on Manhattan’s Far West Side as a hub for life science tenants. The duo, which bought a majority...
There’s gold in them zones: How Opportunity Zones could impact real estate

By Francisco Alvarado | October 22, 2018 07:00AM

TRD LOS ANGELES

At 9800 Grape Street in the Watts neighborhood of southern Los Angeles, gone are the low-rise complexes that were the epicenter of the Rodney King riots. In their place...

The Real Deal New York

Grand Central Tech and Milstein’s technology venture plans $52M life sciences hub

Simon Baron pays $313M for partner's stake in LIC resi complex

Health care for all? Compass and Cigna roll out agent coverage

Cassena Care lands $61M loan for Crown Heights nursing facility

Speculators descend on top contenders for Amazon HQ2

John Banks clashes with Corey Johnson over commercial rent bill at marathon hearing

Simon Baron pays $313M for partner’s stake in LIC resi complex

Grand Central Tech and Milstein’s technology venture plans $52M life sciences hub in Midtown

Cassena Care lands $61M loan for Crown Heights nursing facility

Coming soon: The Real Deal’s 2019
Data Book

Broadway producer lists Palm Beach oceanfront estate for $135M

Harry Einhorn is planning a 65-unit building at a former Flatbush furniture store

Speculators descend on top contenders for Amazon HQ2

Here are the week’s top luxury sales

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October 2018 issue

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SPONSORED 6 NYC Waterfront Parks to Explore This Fall

Westbrook Partners lands investment from Goldman Sachs

Long Island Cheat Sheet: Pair of hotels added to $1.5B Nassau Coliseum plan …
& more

Health care for all? Compass and Cigna roll out agent coverage

SPONSORED

Most expensive Condo auction by a developer in US history November 10th

Elon Musk’s latest Twitter prediction: LA loop tunnel project to open soon

Subscribers: Here’s the info for today’s call

Blackstone gave Saudi sovereign wealth fund discounts to invest in record $40B infrastructure fund

Here’s what the Brooklyn luxury market looked like last week

Rival developers cry foul after Nassau County backs RXR Realty for $1B project

Manhattan’s luxe resi market notched 17 contracts last week: Olshan

Can NYC shed its test-tube status?

There’s gold in them zones: How Opportunity Zones could impact real estate

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Most expensive Condo auction by a developer in US history November 10th