Rent freeze? Rents have been falling for 10 years
Inflation has outpaced Rent Guidelines Board increases for a full decade
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Politics
New York
City eliminates voucher program incentive for landlords
Owners will no longer get a month’s rent as CityFHEPS applications process
Commercial
New York
Daughter’s suit for Haruvi empire gets new life
An appellate court reversed an earlier dismissal
Residential
New York
StreetEasy listings drop after NYC broker ban goes into effect
Despite apparent impact from new policy, listing platform says fluctuations are normal
Commercial
New York
Deed theft ring member gets up to 9 years in prison
Five-member ring stole and sold three homes from elderly Queens owners
Residential
New York
Big investors not “cornering the home market,” but scaling back
Report finds institutional buyers made just 3% of purchases last year
Commercial
New York
RXR puts down $50M deposit on billion-dollar 590 Madison deal
Rechler’s firm has July 30th deadline to close deal
Residential
San Francisco
Zillow escalates Compass tiff, moves to ban some SF listings from website
Bay Area joins NYC in housing giant’s noncompliant listing removal
Commercial
New York
Nir Meir’s mysterious Rikers return revealed… sort of
The former real estate exec could be released once again from Rikers and into a NYC apartment if he can post $1M bail
Jun 12, 2025
Rent freeze? Rents have been falling for 10 years
Inflation has outpaced Rent Guidelines Board increases for a full decade
Jun 11, 2025
Deed theft ring member gets up to 9 years in prison
Five-member ring stole and sold three homes from elderly Queens owners
Jun 12, 2025
RFR receives lifeline at Upper East Side retail site
Blackstone abandons foreclosure, sells loan to Meadow Partners
Jun 12, 2025
Daughter’s suit for Haruvi empire gets new life
An appellate court reversed an earlier dismissal
Jun 12, 2025
Four years on, Upper East Side Blood Center expansion remains clotted
Controversial rezoning yielded little outward progress
Jun 12, 2025
The Daily Dirt: Council greenlights Hudson Yards rezoning
Related pledged to build at least 625 affordable units
Jun 12, 2025
Chilean developer proposes 544-unit resi tower on former Mexican Consulate site in Brickell
Ardid family’s Key International signed an agreement last year to purchase property from owner Claudio Fischer
Jun 11, 2025
Alexanders’, Fisherman’s defense ramps up in sexual battery case
Judge to rule on motion to dismiss next week
Jun 11, 2025
Contractor who built Wellington’s luxury equestrian estates files for bankruptcy, still faces fraud allegations
Pegasus Builders’ David Forkey allegedly forged receipts for millions of dollars, clients say
Jun 11, 2025
Boca Raton moves forward with mega mixed-use project on public land
Officials give tentative approval for 2M sf development with residential, office, retail, restaurants, and civic spaces
Jun 12, 2025
Broward County’s condo sales and dollar volume dropped in the first week of June.
Top 10 closings ranged from $605K to $2.4M
Jun 11, 2025
Continental Realty enters South Florida with $88M CityPlace Doral buy
Baltimore-based firm purchased mixed-use project’s retail center anchored by Fresh Market
Videos
Commission advance companies help real estate agents – but they could be hurting them too
These hotels are hot spots – and hot investments – in the Hamptons
Steve Braconi Goes To The Mat For His Clients | Brand Studio
#oaklandcalifornia is struggling – but some real estate investors are betting on a revival
Bill Pulte wants to reshape the American mortgage system
WeWork's CEO on the AI boom, selling the World Trade Centers, and stabilizing the co-working company
What happened to Chicago's Lincoln Yards?
@chicagofire could be getting a new home, and helping launch Related Midwest's The 78 #realestate
Where Elite Agents Go to Grow | A New York Minute with Christie's International Real Estate Group
Developer Russell Galbut announces Crescent Seas, an oceanbound luxury condo project
#billionaire Orlando Bravo is battling an NYC developer over his $80 million #penthouse #news
The beginning of the end for Austin’s tech scene? | TRD News
The Hudson Yards casino bid is dead | TRD News
Prefab homes go fab at KBIS | Brand Studio
Payday comes early for agents, thanks to RLTYco | Brand Studio
Bel Air's "Starship Enterprise" heads to auction – again #belair #mansions #construction #fail
A map of the Mar-a-Lago-verse, Scott Turner's HUD & more | Inside the Mag
Can California do more to help wildfire survivors? Ethan Penner says yes | Coffee Talk
Los Angeles makes slow progress on rebuilding after the Palisades and Eaton fires
Steve Witkoff on real estate and politics #shorts
Jun 11, 2025
Hilton & Hyland’s 18K sf office space hits rental market
Listing comes as brokerage’s headcount sits at 40 agents, brokers, down from high of over 100
Jun 11, 2025
Cocoon moves forward with 121-unit apartment building in South Bay
Auto shop redevelopment joins firm’s nearby projects in Gardena
Jun 11, 2025
Palisades spec home survives fire to be market’s priciest listing at $54M
GME Development bought the property in 2022 for $5M
Jun 11, 2025
Irvine building home to Tesla Collision Center sells for $21M
Steiner Investments nabs 36K sf property from North Palisade Partners
Jun 12, 2025
BH Properties launches nationwide affordable housing acquisition initiative
LA-based developer sees worth in income-restricted multifamily properties
Jun 12, 2025
ICE raids in Los Angeles spook homebuilding industry mid labor shortages
41% of state’s home construction workers are foreign-born
Jun 11, 2025
Short-term rentals at risk in proposal giving aldermen power to ban
Airbnb called it an “unnecessary violation of Chicagoans’ constitutional property rights”
Jun 11, 2025
Real estate mentor sues single-family investor student for fraud
Chris and Aneta Urban accused of lying about how they used more than $10 million in loans from individual lenders
Jun 11, 2025
Mansion on double lot asks $7M, shows Lincoln Park price growth
Asking price increased 30 percent over its last trade in 2022
Jun 11, 2025
Latsko bags luxury brand Polène to backfill Oak Street retail
Parisian handbag tenant signed 10-year deal in Gold Coast
Jun 11, 2025
City picks winner of $48M Roseland redevelopment
Chicago Neighborhood Initiatives beat out one other proposal to develop a mixed-use project with 58 affordable apartments
Jun 11, 2025
Chicago Bears CEO trades up to discounted Lake Forest mansion
Kevin Warren paid $2.3M for an estate near the team’s practice facility, moving from Streeterville to the suburbs
Jun 11, 2025
Amazon grows WeWork partnership with new Santa Clara offices
E-commerce giant to add 141K sf to Bay Area portfolio in Sobrato building
Jun 11, 2025
Zillow escalates Compass tiff, moves to ban some SF listings from website
Bay Area joins NYC in housing giant’s noncompliant listing removal
Jun 10, 2025
23andMe’s Sunnyvale offices sell for nearly $88M
Former genomics giant’s offices offloaded for $93M less than 2019 price
Jun 10, 2025
How once-sleepy Sunset became SF’s most competitive neighborhood
“White-collar surfers,” sunshine, serious bidding wars come to coast
Jun 12, 2025
Suisun City hopes to gobble up chunk of proposed California Forever city
Officials look to annex 23K acres of planned Solano County enclave
Jun 11, 2025
Hudson Pacific sells largely vacant SF offices for $28M
138K sf Bayside Village building was one of emptiest in company’s portfolio
Dallas
Jun 12, 2025
Thakkar family’s Allen development slapped with default lawsuit
Chicago-based Monroe Capital Management accused Saumil Thakkar of defaulting on $36M loan
Houston
Jun 6, 2025
Embattled Houston syndicator lassoes $700M CMBS life raft
Deal reversed fortunes for Nitya Capital, which has been in debt crunch since interest rates skyrocketed
Dallas
Jun 10, 2025
Digital Realty backs off $104M downtown data center investment
“Technical challenges” prompted pivot to $13M office renovations
Dallas
Jun 4, 2025
Bank OZK rainmaker Dan Thomas launches $200M firm with clean slate
Thomas’ family office sold off all its assets as of 2022
Dallas
Jun 11, 2025
$70M office-to-resi plan to convert early Trammell Crow building
Missouri hotel developers pivoted to apartments amid construction, financing roadblocks
Dallas
Jun 11, 2025
Two more tenants bring Allen’s FarmWorks One to half-leased
JaRyCo signed Moss and MKA International to leases spanning 36K square feet
Jun 9, 2025
Tides Guys now owe Starwood $50M
Judgments fuel insolvency, bankruptcy rumors
Jun 10, 2025
Starwood REIT still struggling with redemption requests
Property fund facing $850M in attempted withdrawals from investors
Jun 8, 2025
What’s next for Douglas Elliman as agents depart and merger talks continue?
A look into real estate family dynasties, Brookfield nears a $400M deal for Manhattan office, Bill Pulte continues privatization push and more national real estate news from this week
Jun 3, 2025
Private credit rater deemed Moshe Silber’s Crown Holdings “investment-grade” weeks before default
Egan-Jones under fire, faces blacklist from major investment firms
Nashville
Jun 11, 2025
Lion Real Estate Group makes high-profile entry to Nashville
Dallas-based Class B multifamily buyer signs top-tier Nashville tower lease
Seattle
Jun 11, 2025
Practically YIMBY? Seattle mayor aims to trim design review by up to two years
Effort follows nonprofit landlord push to cut tenant protections
Los Angeles
Jun 12, 2025
BH Properties launches nationwide affordable housing acquisition initiative
LA-based developer sees worth in income-restricted multifamily properties
Los Angeles
Jun 12, 2025
ICE raids in Los Angeles spook homebuilding industry mid labor shortages
41% of state’s home construction workers are foreign-born
South Florida
Jun 12, 2025
Broward County’s condo sales and dollar volume dropped in the first week of June.
Top 10 closings ranged from $605K to $2.4M
New York
Jun 12, 2025
NYC’s top deals: Central Park co-op trades for half of ask
TRD reports top transactions for Wednesday, June 11, 2025
Los Angeles
Jun 11, 2025
Hilton & Hyland’s 18K sf office space hits rental market
Listing comes as brokerage’s headcount sits at 40 agents, brokers, down from high of over 100
Chicago
Jun 11, 2025
Short-term rentals at risk in proposal giving aldermen power to ban
Airbnb called it an “unnecessary violation of Chicagoans’ constitutional property rights”
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San Francisco
Jun 12, 2025
Suisun City hopes to gobble up chunk of proposed California Forever city
Officials look to annex 23K acres of planned Solano County enclave
New York
Jun 12, 2025
RFR receives lifeline at Upper East Side retail site
Blackstone abandons foreclosure, sells loan to Meadow Partners
New York
Jun 12, 2025
NYC’s top deals: Central Park co-op trades for half of ask
TRD reports top transactions for Wednesday, June 11, 2025
Nashville
Jun 11, 2025
Lion Real Estate Group makes high-profile entry to Nashville
Dallas-based Class B multifamily buyer signs top-tier Nashville tower lease
Chicago
Jun 11, 2025
City picks winner of $48M Roseland redevelopment
Chicago Neighborhood Initiatives beat out one other proposal to develop a mixed-use project with 58 affordable apartments
Chicago
Jun 11, 2025
Latsko bags luxury brand Polène to backfill Oak Street retail
Parisian handbag tenant signed 10-year deal in Gold Coast
New York
Jun 12, 2025
Four years on, Upper East Side Blood Center expansion remains clotted
Controversial rezoning yielded little outward progress
South Florida
Jun 12, 2025
Chilean developer proposes 544-unit resi tower on former Mexican Consulate site in Brickell
Ardid family’s Key International signed an agreement last year to purchase property from owner Claudio Fischer
Dallas
Jun 11, 2025
$70M office-to-resi plan to convert early Trammell Crow building
Missouri hotel developers pivoted to apartments amid construction, financing roadblocks
New York
Jun 11, 2025
Tavros, Charney land $525M financing for 55-story LIC project
Madison Realty Capital leads, Kushner provides preferred equity investment
South Florida
Jun 11, 2025
Boca Raton moves forward with mega mixed-use project on public land
Officials give tentative approval for 2M sf development with residential, office, retail, restaurants, and civic spaces
San Antonio
Jun 11, 2025
Developer pivots to $70M condo project in flooded apartment market
Metropolitan Development Co jumped into Texas’ burgeoning for-sale multifamily market