The Real Deal New York

The private equity paradox: Funds flush with cash can't find deals with returns they need

(Illustration by André Da Loba)

A Rafael Viñoly-designed bulletproof townhouse just hit the market for $50M

Architect Rafael Viñoly’s Upper East Side townhouse — with bulletproof glass — is officially for sale. His firm was enlisted to design the home...

Turkish developer Sedesco adds to Billionaires’ Row assemblage with $80M buy

Turkish developer Sedesco is putting together a Billionaires’ Row assemblage with the purchase of a development site for $80 million. Sedesco closed last week...

Nightingale Properties founder appears to be buyer of 1 West End PH

An LLC controlled by Nightingale Properties CEO Elie Schwartz has closed on a penthouse at 1 West End Avenue for $17.9 million, two years...

Ron Perelman’s firm lands $110M refi for Lenox Hill rental

Billionaire Ronald Perelman’s MacAndrews and Forbes landed a $110 million loan for 27 East 62nd Street. Citibank is the lender, records filed with the...

Most Recent

Kardashian buying spree continues as matriarch drops $12M on desert mansion

September 26, 2018 08:00AM

TRD LOS ANGELES

It’s not easy to keep up with the Kardashians’ real estate deals. The latest home purchase by a member...
The private equity paradox: Funds flush with cash can’t find deals with returns they need

By Rich Bockmann | September 26, 2018 07:30AM

TRD ISSUE

There’s an eyebrow-raising issue playing out in the private equity world right now. While funds have pulled back on the amount of money they’re...
A Rafael Viñoly-designed bulletproof townhouse just hit the market for $50M

September 26, 2018 07:00AM

Architect Rafael Viñoly’s Upper East Side townhouse — with bulletproof glass — is officially for sale. His firm was enlisted to design the home at 162 East 64th Street...
Chris Ward is leaving AECOM at the end of
the month

By Kathryn Brenzel | September 25, 2018 06:43PM

After three years leading AECOM’s New York design and consulting operations, Chris Ward is leaving. It seems that Ward’s position as executive vice president and chief executive of the...
Turkish developer Sedesco adds to Billionaires’ Row assemblage with $80M buy

By Rich Bockmann | September 25, 2018 06:00PM

Turkish developer Sedesco is putting together a Billionaires’ Row assemblage with the purchase of a development site for $80 million. Sedesco closed last week on its purchase of the...
Hamptons Cheat Sheet: Oceanfront Montauk home lists for $48M … & more

By Aidan Gardiner | September 25, 2018 05:45PM

Oceanfront Montauk home lists for $48M A home sitting on 36 acres in Montauk hit the market for $48 million, Curbed reported. The owner, frame dealer Eli Wilner, bought...
Nightingale Properties founder appears to be buyer of 1 West End PH

By Christian Bautista | September 25, 2018 05:30PM

An LLC controlled by Nightingale Properties CEO Elie Schwartz has closed on a penthouse at 1 West End Avenue for $17.9 million, two years after first going into contract....
Ron Perelman’s firm lands $110M refi for Lenox Hill rental

By Will Parker | September 25, 2018 05:10PM

Billionaire Ronald Perelman’s MacAndrews and Forbes landed a $110 million loan for 27 East 62nd Street. Citibank is the lender, records filed with the city Tuesday show. The new...
The city has never sued a landlord for failure to inspect lead paint, 10 years after introducing law

September 25, 2018 05:01PM

Just weeks after city officials acknowledged more than 1,000 children have suffered high levels of lead exposure in public housing, a new report has found that the city has never sued landlords for failing...

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SPONSORED Daniel Boulud’s Insider’s Guide to the Upper East Side

Panoramas for profits: Developers betting big on observation decks

September 25, 2018 03:58PM

Competition is heating up for the best views in the city. Developers are planning more observation decks as they seek to get in on the attraction’s profits, the Wall...
Amazon is betting on prefab homes

By Meenal Vamburkar | September 25, 2018 03:00PM

TRD NATIONAL

Amazon putting its money behind pre-fabricated homes. The tech giant’s Alexa Fund was among the investors in Plant Prefab’s Series A funding round. The company, which manufactures custom single- and multifamily homes, raised $6.7...
New York has lost more than 1M affordable apartments since 2005: comptroller’s report

By Eddie Small | September 25, 2018 02:30PM

More than 1 million affordable apartments have vanished from New York City since 2005, according to a new report from Comptroller Scott Stringer’s office. The study found that the...

TRD subscriber call: How a culture of secrecy boosts South Florida’s condo market

September 25, 2018 02:00PM

TRD MIAMI

The Real Deal is hosting a conference call with digital subscribers this Friday, Sept. 28, to discuss our fall issue’s blockbuster cover story, “See no evil: How a culture...
Former Cushman executive assails “old boys network” in $30M discrimination lawsuit

By Rich Bockmann | September 25, 2018 01:30PM

TRD NATIONAL

A former executive at Cushman & Wakefield said the brokerage regularly paraded her around as an ambassador for diversity...
Slowing down: Home price appreciation dips to lowest rate in 4 years

September 25, 2018 12:30PM

TRD NATIONAL

Is now the time to buy or sell? Nationwide, home price appreciation slowed as high interest rates continue to...

This broker wants to build the Zillow for
CRE debt

By Konrad Putzier | September 25, 2018 11:45AM

Think of a developer trying to raise financing for a project, and you might conjure up an image of an army of debt brokers pounding the phones, going through...
Couple unknowingly buys MS-13 house that was scene of grisly murder

September 25, 2018 11:00AM

Buyer beware. A young couple was shocked to learn that the home they closed on Friday was the site of a grisly slaying by the infamous MS-13 gang. The...
Why developers can’t find tenants for certain “affordable” apartments

By Kathryn Brenzel | September 25, 2018 10:15AM

TRD ARCHIVE

In a city grappling with an affordability crisis, thousands of hopeful tenants apply for a limited number of subsidized...
Zillow warns about swindlers targeting Premier Agent clients

September 25, 2018 09:45AM

TRD NATIONAL

Scammers posing as Zillow are targeting real estate brokers by attempting to receive money in exchange for fake leads,...
This long-vacant Queens hospital may soon be converted into 351 rentals

September 25, 2018 09:00AM

The former Parkway Hospital in Queens, which closed a decade ago, may soon become a 351-apartment site. Developer Jasper Venture Group filed a rezoning application on Monday for the...

The Real Deal New York

The private equity paradox: Funds flush with cash can't find deals with returns they need

A Rafael Viñoly-designed bulletproof townhouse just hit the market for $50M

Turkish developer Sedesco adds to Billionaires’ Row assemblage with $80M buy

Nightingale Properties founder appears to be buyer of 1 West End PH

Ron Perelman’s firm lands $110M refi for Lenox Hill rental

Kardashian buying spree continues as matriarch drops $12M on desert mansion

The private equity paradox: Funds flush with cash can’t find deals with returns they need

A Rafael Viñoly-designed bulletproof townhouse just hit the market for $50M

Chris Ward is leaving AECOM at the end of
the month

Turkish developer Sedesco adds to Billionaires’ Row assemblage with $80M buy

Hamptons Cheat Sheet: Oceanfront Montauk home lists for $48M … & more

Nightingale Properties founder appears to be buyer of 1 West End PH

Ron Perelman’s firm lands $110M refi for Lenox Hill rental

The city has never sued a landlord for failure to inspect lead paint, 10 years after introducing law

Popular

September 2018 issue

Videos

Inside the current issue

SPONSORED Daniel Boulud’s Insider’s Guide to the Upper East Side

Panoramas for profits: Developers betting big on observation decks

Amazon is betting on prefab homes

New York has lost more than 1M affordable apartments since 2005: comptroller’s report

TRD subscriber call: How a culture of secrecy boosts South Florida’s condo market

Former Cushman executive assails “old boys network” in $30M discrimination lawsuit

Slowing down: Home price appreciation dips to lowest rate in 4 years

This broker wants to build the Zillow for
CRE debt

Couple unknowingly buys MS-13 house that was scene of grisly murder

Why developers can’t find tenants for certain “affordable” apartments

Zillow warns about swindlers targeting Premier Agent clients

This long-vacant Queens hospital may soon be converted into 351 rentals

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