Two takeaways for real estate from Albany’s power weekend

From left: Slate Property Group's David Schwartz, Patrick Jenkins, Assembly Speaker Carl Heastie, Senate majority leader Stewart Cousins, and Julia Salazar (Credit: Getty Images)
From left: Slate Property Group's David Schwartz, Patrick Jenkins, Assembly Speaker Carl Heastie, Senate majority leader Stewart Cousins, and Julia Salazar (Credit: Getty Images)
Two takeaways for real estate from Albany’s power weekend

Why all the kids suddenly want to become industrial brokers

It’s a good time to be an industrial broker. Just ask them. (Credit: iStock)
Why all the kids suddenly want to become industrial brokers

Famed journalist and singer unload their New York City homes

Linda Ellerbee and 17 St. Luke’s Place
Famed journalist and singer unload their New York City homes

GDS, Klövern buy Midtown East co-op for $184M

From left: GDSNY CEO Michael Kirchmann, 417 Park Avenue and Klövern CEO Rutger Arnhult (Credit: Google Maps)
GDS, Klövern buy Midtown East co-op for $184M

Netflix’s “Dirty Money” series delves Jared Kushner, 1MDB scandal

Jared Kushner and Jho Low (Credit: Getty Images)
Netflix’s “Dirty Money” series delves Jared Kushner, 1MDB scandal

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Linda Ellerbee and 17 St. Luke’s Place

Famed journalist and singer unload their New York City homes

From a West Village townhouse to a full-floor apartment on Park Avenue, here are three of the city’s recent...

Famed journalist and singer unload their New York City homes
It’s a good time to be an industrial broker. Just ask them. (Credit: iStock)

Why all the kids suddenly want to become industrial brokers

Jeremy Liebler spent four years working in sales and marketing at Ford Motor Company before he made the switch...

Why all the kids suddenly want to become industrial brokers
Michael Gianaris (Photography by Sasha Maslov)

The Closing: Michael Gianaris

State Sen. Michael Gianaris has been an elected official in New York for the past 20 years and became one of the most pivotal figures in state politics last year when he played a...

The Closing: Michael Gianaris
From left: Slate Property Group's David Schwartz, Patrick Jenkins, Assembly Speaker Carl Heastie, Senate majority leader Stewart Cousins, and Julia Salazar (Credit: Getty Images)

Two takeaways for real estate from Albany’s power weekend

ALBANY — Each winter, hundreds of lawmakers and politicos descend on Albany for a weekend of dealmaking and festivities....

Two takeaways for real estate from Albany’s power weekend
Boris Santos

A win for real estate: Socialist candidate halts Assembly bid

There is one fewer thorn in the side of real estate today. Boris Santos, a former public school teacher...

A win for real estate: Socialist candidate halts Assembly bid
From left: GDSNY CEO Michael Kirchmann, 417 Park Avenue and Klövern CEO Rutger Arnhult (Credit: Google Maps)

GDS, Klövern buy Midtown East co-op for $184M

Klövern AB of Sweden and GDS Development Management have paid $184 million for all 29 units at a Midtown...

GDS, Klövern buy Midtown East co-op for $184M
Jared Kushner and Jho Low (Credit: Getty Images)

Netflix’s “Dirty Money” series delves Jared Kushner, 1MDB scandal

Two years ago, the Netflix documentary series “Dirty Money” trained its sights on Donald Trump in an episode it...

Netflix’s “Dirty Money” series delves Jared Kushner, 1MDB scandal
Keller Williams' Josh Team (Credit: Keller Williams)

Keller Williams reports sales bump with fewer agents in 2019

After purging its roster of non-performing agents, Keller Williams said its 2019 sales volume rose 5.7 percent despite the...

Keller Williams reports sales bump with fewer agents in 2019
From left: 55 East 74th Street, 9 East 82nd Street, 1 Central Park South, 78 Irving Place with Adam Neumann and 111 West 57th Street (Credit: StreetEasy, Wikipedia, Getty Images)

Adam Neumann’s triplex, Russians’ Plaza pad were priciest homes listed last week

Heading into a long weekend, a handful of sellers had lofty hopes. The second week of February saw pricier...

Adam Neumann’s triplex, Russians’ Plaza pad were priciest homes listed last week


Inside The New York issue

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The squeeze on resi brokerages is forcing consolidation, cooperation

The squeeze on resi brokerages is forcing consolidation, cooperation

Losing the narrative: Mayor’s signature issue slipping away

Losing the narrative: Mayor’s signature issue slipping away

How much bigger can Brookfield get?

How much bigger can Brookfield get?

“We’re the elite”: What backlogged Chinese EB-5 investors are planning next

“We’re the elite”: What backlogged Chinese EB-5 investors are planning next

Clockwise from top left: David Lichtenstein, Michelle Maratto Itkowitz, Donald J. Trump, Stephen Meister, Charles Kushner, and Sam Zell (Photo-illustrations by Isabel Espanol)

Scare quotes: Some eye-popping comments from real estate execs

The Closing: Michael Gianaris

The Closing: Michael Gianaris

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Compass' Rory Golod and Long Island’s North Shore (Credit: Long Island)

Compass sets sights on Long Island’s North Shore

Since last winter, Compass has sworn off launching new markets as it focuses on “depth, not breadth.” But on...

Compass sets sights on Long Island’s North Shore
2790 West 5th Street in Coney Island (Credit: Google Maps)

Brooklyn man arrested for claiming to help victims buy Mitchell-Lama apartments

Authorities arrested a Brooklyn man charged with bilking three women out of tens of thousands of dollars in a...

Brooklyn man arrested for claiming to help victims buy Mitchell-Lama apartments
355 Henry Street

Cobble Hill townhouse was Brooklyn’s priciest contract last week

A townhouse in Cobble Hill was the priciest residential deal to go into contract in Brooklyn last week. The...

Cobble Hill townhouse was Brooklyn’s priciest contract last week
Clockwise from the top left: Bellagio Las Vegas, Blackstone's Jon Gray, Embassy Office Parks in Bangalore, Blackstone's Ken Caplan, Stuyvesant Town, and  Blackstone's Kathleen McCarthy (Credit: Blackstone, Embassy Office Parks, Wikipedia)

How Blackstone became the world’s biggest landlord

Until about a decade ago, Blackstone Group derived most of its profits from traditional private equity. But following a...

How Blackstone became the world’s biggest landlord
3 East 69th Street and 252 East 57th Street 

With asking prices in freefall, luxury market sees strong week

The penthouse at World Wide Group and Rose & Associates’ 252 East 57th Street started life in 2014 asking...

With asking prices in freefall, luxury market sees strong week
Keller Williams CEO Gary Keller

Keller Williams will cut off agents who leave

Keller Williams is cutting off associates who dump the franchise brokerage. Effective April 1, the company’s lifelong profit sharing...

Keller Williams will cut off agents who leave
315 West 33rd Street, SL Green's Marc Holliday and Brookfield's Ric Clark (Credit: SL Green, Getty Images)

Brookfield fund buying SL Green’s 315 West 33rd Street for $447M

A Brookfield Asset Management-backed fund is buying 315 West 33rd Street from SL Green for $446.5 million, SL Green...

Brookfield fund buying SL Green’s 315 West 33rd Street for $447M
The former Food Emporium space at East 59th Street and First Avenue and a Trader Joe's (Credit: Google Maps, Wikipedia)

Trader Joe’s to open new UES store under Queensboro bridge

Trader Joe’s is continuing its New York City expansion. The city-owned space under the Queensboro Bridge spans roughly 50,000...

Trader Joe’s to open new UES store under Queensboro bridge
From left: The Row Hotel at 700 8th Avenue, the Williamsburg Hotel at 96 Wythe Avenue, the Selina Hotel at 516-518 West 27th Street and 20 Times Square (Credit: Google Maps, Sumaida + Khurana, PBDW)

More NYC hotel loans are defaulting as room rates fall

New York City has seen a spate of high-profile hotel loans go into default in recent months, and challenging...

More NYC hotel loans are defaulting as room rates fall
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