The Real Deal New York

Kushner Cos. picks up $1.1B suburban multifamily portfolio

Lone Star Funds CEO John Patrick Grayken and Charlie Kushner (Credit: Getty Images)

BQX streetcar plan back on life support after Amazon pulls out

Amazon’s decision to bring part of its HQ2 to Queens helped breathe new life into the city’s long-stalled Brooklyn-Queens Connector (BQX) streetcar plan. Now...

Yet another UWS condo board is removing Trump’s name from building facade

Once emblazoned in capital letters on apartment buildings across the city, President Trump’s name is rapidly disappearing from the New York landscape. Residents of...

Developers are poised to pump the brakes as LIC’s “Amazon effect” vanishes

When Amazon announced plans to bring 25,000 jobs to a new campus in Long Island City, real estate players jumped on the transformative potential...

Ahead of restructuring, Re/Max's revenue ticked up in Q4

Re/Max’s yearly and quarterly revenues are up, despite a “correcting market,” the company disclosed in an earnings report Thursday. Revenue at Re/Max rose 4.8...

Most Recent

Will digital currency open the door to more black market buyers?

By Chava Gourarie | February 22, 2019 01:00PM

TRD ARCHIVE

Matthew Hansen’s dream house used to be a monastery. The hedge funder bought a Hell’s Kitchen townhouse from the...
Elon Musk turns to Morgan Stanley to finance 5 California mansions

February 22, 2019 12:30PM

TRD LOS ANGELES

Billionaire futurist Elon Musk has taken out $61 million in mortgages on five California mansions. Morgan Stanley provided the...
Can Greenwich get its groove back?

By David Craig | February 22, 2019 12:00PM

TRD SUBSCRIBERS

The Greenwich real estate market — home to some of the most expensive residential real estate in the country — is emitting some seriously mixed signals. While the luxury residential sector in the tony...
BQX streetcar plan back on life support after Amazon pulls out

February 22, 2019 11:31AM

Amazon’s decision to bring part of its HQ2 to Queens helped breathe new life into the city’s long-stalled Brooklyn-Queens Connector (BQX) streetcar plan. Now that Amazon has cancelled those...
Kushner Cos. picks up $1.1B suburban multifamily portfolio

February 22, 2019 10:40AM

TRD NATIONAL

Kushner Companies has made its largest acquisition since it paid a record $1.8 billion for 666 Fifth Avenue more...
Who provides the more accurate home valuation: Zillow or Redfin?

By Kenneth R. Harney | February 22, 2019 10:00AM

TRD NATIONAL

When you type in a home’s street address to obtain an online valuation from the two biggest players in...
Yet another UWS condo board is removing Trump’s name from building facade

February 22, 2019 09:30AM

Once emblazoned in capital letters on apartment buildings across the city, President Trump’s name is rapidly disappearing from the New York landscape. Residents of 120 Riverside Boulevard are the...
Ahead of restructuring, Re/Max’s revenue ticked up in Q4

February 22, 2019 09:00AM

TRD NATIONAL

Re/Max’s yearly and quarterly revenues are up, despite a “correcting market,” the company disclosed in an earnings report Thursday....
Black Creek considers selling warehouse REIT worth $3.5B

February 22, 2019 08:31AM

TRD NATIONAL

It could be good news for the tight industrial property market. Real estate investment firm Black Creek Group is...

Videos

Watch: Here’s how Amazon’s HQ2 incentives add up

Watch: What happened to this $72M UES townhouse is key storyline in billionaire’s divorce case

Watch: New York’s most active developers
of 2018

TRD’s Amir Korangy on US housing market: “Now we’re facing a sort of perfect storm”

Inside the current issue

What’s it worth? Depends who’s asking

Elevated risk: Malfunction at NYCHA

The Closing: Bess Freedman

NYC’s residential bosses

OZ overload

The I-sales reboot

SPONSORED The Ultimate in Luxury: Private Restaurants in Residential Buildings

Developers are poised to pump the brakes as LIC’s “Amazon effect” vanishes

By Meenal Vamburkar | February 22, 2019 08:15AM

When Amazon announced plans to bring 25,000 jobs to a new campus in Long Island City, real estate players jumped on the transformative potential of the move. The e-commerce...

National Cheat Sheet: Payless files for bankruptcy, 1M accounts hacked on StreetEasy … & more

By Maya Rajamani | February 22, 2019 07:30AM

Payless will shutter thousands of stores amid second bankruptcy filing Payless ShoeSource has filed for bankruptcy and plans close all of its remaining 2,500 stores, Reuters reported. The Kansas-based...
Locking and loading listings: These resi firms racked up the highest dollar volume in 2018

By Decca Muldowney | February 22, 2019 07:00AM

TRD ISSUE

“I had so many difficult conversations with sellers in 2018 that I literally had to go to a voice doctor,”...
Zillow revenues are up, but losses are widening as it pivots to home-flipping

By Decca Muldowney | February 21, 2019 07:21PM

TRD NATIONAL

New Zillow CEO Rich Barton is shooting for the moon, but the company’s latest financials might have him crashing...

NRT CEO goes after Compass for “taking advantage” of its agents

February 21, 2019 05:45PM

TRD NATIONAL

With a $4.4 billion valuation and a massive national expansion, Compass has become a major player in the brokerage...
Naftali in contract to buy one of the last large dev sites on Williamsburg waterfront

By Rich Bockmann | February 21, 2019 05:15PM

The Naftali Group, which has been ramping up its development activity following a quiet period, is lined up to buy one of the last large development sites on the...
Exiled Chinese billionaire Guo Wengui sues Soho China for $300M

By Decca Muldowney | February 21, 2019 05:04PM

Exiled Chinese billionaire Guo Wengui is suing Soho China — China’s largest office developer and a partial owner of the General Motors Building in Manhattan — for damages totaling...
Zillow CEO Spencer Rascoff is stepping down as his co-founder takes over

By Meenal Vamburkar | February 21, 2019 04:38PM

TRD NATIONAL

Zillow Group is replacing CEO Spencer Rascoff with co-founder and former CEO Rich Barton, the company said in a...
Behind the demise of Advisors Commercial Real Estate

February 21, 2019 04:30PM

Newly-rebranded Advisors Commercial Real Estate did not get off to a great start. Just months after the brokerage formerly known as Coldwell Banker Commercial Advisors was acquired by Sacramento-based...
The Mountain of Beverly Hills just got a $350M price chop

By Natalie Hoberman | February 21, 2019 04:00PM

TRD LOS ANGELES

When the so-called “Mountain of Beverly Hills” hit the market seeking a record-breaking $1 billion last summer, it drew snickers from real estate industry experts who balked at the...
In bizarre saga of Bo Dietl’s MeToo investigative platform, Douglas Elliman is apparently not a client

By Kathryn Brenzel | February 21, 2019 03:19PM

TRD NATIONAL

On Wednesday morning, an unexpected email hit the inboxes of New York media reporters. It said that Bo Dietl,...

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The Real Deal New York

Kushner Cos. picks up $1.1B suburban multifamily portfolio

BQX streetcar plan back on life support after Amazon pulls out

Yet another UWS condo board is removing Trump’s name from building facade

Developers are poised to pump the brakes as LIC’s “Amazon effect” vanishes

Ahead of restructuring, Re/Max's revenue ticked up in Q4

Will digital currency open the door to more black market buyers?

Elon Musk turns to Morgan Stanley to finance 5 California mansions

Can Greenwich get its groove back?

BQX streetcar plan back on life support after Amazon pulls out

Kushner Cos. picks up $1.1B suburban multifamily portfolio

Who provides the more accurate home valuation: Zillow or Redfin?

Yet another UWS condo board is removing Trump’s name from building facade

Ahead of restructuring, Re/Max’s revenue ticked up in Q4

Black Creek considers selling warehouse REIT worth $3.5B

Popular

February 2019 issue

Videos

Inside the current issue

SPONSORED The Ultimate in Luxury: Private Restaurants in Residential Buildings

Developers are poised to pump the brakes as LIC’s “Amazon effect” vanishes

SPONSORED The Power of One - SL Green Infuses History with Modernity at One Madison Avenue

National Cheat Sheet: Payless files for bankruptcy, 1M accounts hacked on StreetEasy … & more

Locking and loading listings: These resi firms racked up the highest dollar volume in 2018

Zillow revenues are up, but losses are widening as it pivots to home-flipping

SPONSORED First ABC, Now Google, What’s Next for West Soho?

NRT CEO goes after Compass for “taking advantage” of its agents

Naftali in contract to buy one of the last large dev sites on Williamsburg waterfront

Exiled Chinese billionaire Guo Wengui sues Soho China for $300M

Zillow CEO Spencer Rascoff is stepping down as his co-founder takes over

Behind the demise of Advisors Commercial Real Estate

The Mountain of Beverly Hills just got a $350M price chop

In bizarre saga of Bo Dietl’s MeToo investigative platform, Douglas Elliman is apparently not a client

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