Zillow president to step down, Compass buys AI startup
Every weekday, The Real Deal rounds up New York’s biggest real estate news. We update this page throughout the...
NYC brokers slam bias, promise action after Newsday exposé
Nightmare on E. 72nd Street raises question: Are small condos risky?
Ten-X Commercial lays off nearly half its workforce
Zillow president to step down, Compass buys AI startup
Latest New York
Proptech startup Eden completes $25M Series B
Eden, a proptech startup that helps landlords manage parts of the workplace like scheduling cleaning services and ordering snacks,...
Nightmare on E. 72nd Street raises question: Are small condos risky?
The financial mess dragging down an Upper East Side building has triggered warnings about buying into a small condominium....
After WeWork’s spectacular fall, it’s crunch time for Katerra
Katerra CEO Michael Marks strolled onto the Las Vegas stage, his name and title projected onto a giant black...
NYC brokers slam bias, promise action after Newsday exposé
New York City’s top residential brokerage firms sharply condemned widespread race discrimination in Long Island’s housing market found by...
New York AG is investigating WeWork: report
The New York State Attorney General’s office has launched an investigation into WeWork, Reuters reported. The embattled office-space company, which is soon set to lay off thousands of workers, confirmed to the news outlet...
Ten-X Commercial lays off nearly half its workforce
Ten-X Commercial, an online real estate transaction platform, laid off half its workforce after efforts to sell the company...
Cohen Brothers Realty sues storied landlord to stay in Park Ave South building
Cohen Brothers Realty is firing back as its landlord tries to cut short its ground lease at a Murray...
At the desk of: Tracey Appelbaum
When Tracey Appelbaum was growing up in Georgia, she often accompanied her grandfather, a developer, to construction sites. He built a number of Frito-Lay warehouses throughout the Southeast, she said, and “would have me...
Inside the New York issue
Real Capital Analytics’ founder buys UWS building, leading last week’s I-sales
From a pair of next-door buildings in Park Slope to an apartment complex in Jamaica, these are the deals...
Acclaimed artist KAWS pays $17M to expand Williamsburg studio
Art world sensation KAWS is having a moment, as the auction house Christies declared last month. The Williamsburg-based artist,...
Claremont Companies buys Soho Marriott for $59M
Claremont Companies has purchased a Marriott in Soho for $59.35 million, according to property records. The Massachusetts-based firm bought...
Major WeWork layoffs to begin today
More than a third of WeWork’s 12,000 employees will likely receive notice this week that they no longer have a job. The layoffs are part of an effort by the struggling office-space company to...
LI agents routinely discriminate against minority buyers, undercover probe finds
A three-year undercover investigation by Newsday found that 40 percent of the time Long Island brokers discriminate against minority...
WeWork layoffs loom, de Blasio is skeptical of commercial rent control
Every weekday The Real Deal rounds up New York’s biggest real estate happenings. We update this page throughout the...
Piecing together SoftBank’s disruptive real estate bets
Masayoshi Son was widely regarded as an eccentric-but-gifted entrepreneur when, in 2014, he dazzled investors during an earnings presentation...
Jeff Sutton pays record price in Williamsburg: brokers
A Williamsburg commercial building that housed a metal fabrication company has sold for what appears to be a record-high...
Struggling cannabis retailer MedMen dumps REIT stake
MedMen Enterprises’ national cannabis retail strategy is going up in smoke. And to trim costs, it’s selling its interest...
Welcome to Hipsturbia: Long Island’s New Creative Havens
Drawn by the ample space and affordability that Long Island offers, former city dwellers are turning once-sleepy towns into...
Face-to-face with Madison Realty Capital’s Managing Principal and Co-Founder Josh Zegen
Madison Realty Capital (MRC) is a New York City-based real estate private equity firm focused on debt and equity...
How smart access delivers cost-savings to multifamily owners—and helps them future-proof their properties
Whether developing a new property or renovating a building to meet residents’ needs, multifamily owners are constantly faced with decisions that will determine the...
Rooftop Revenue: A Forward Trend in Urban Real Estate
Solar options are a great way to monetize on sustainable property developments. In cities where space is a premium,...
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