“Nightmare” for landlords: Court OK’s class action against Harlem owner
A New York court’s greenlight of a class action against Big City Realty could change the dynamic of class action suits. (Credit: iStock)
A New York court’s greenlight of a class action against Big City Realty could change the dynamic of class action suits. (Credit: iStock)

Latest New York

CoStar reaches $11M settlement in copyright infringement suit against Xceligent

CoStar Group says it has settled its years-long copyright infringement claim against its bankrupt and now defunct competitor, Xceligent....

620 Sixth Avenue and RXR Realty's Scott Rechler (Credit: Getty Images, RXR Realty)

RXR gets $400M+ from Goldman Sachs to refi Sixth Avenue building

RXR Realty has landed just over $421 million in financing from Goldman Sachs for 620 Avenue of the Americas....

A New York court’s greenlight of a class action against Big City Realty could change the dynamic of class action suits. (Credit: iStock)

“Nightmare” for landlords: Court OK’s class action against Harlem owner

New York’s highest court on Tuesday cleared the way for a group of tenants to pursue a class action...

WeWork founder scrambled for $100M loan before $1.7B bailout

As WeWork hustled to secure a rescue package, its former CEO was under intense pressure to shore up his...

The Daily Digest - Tuesday

WeWork’s cash flow troubles, selling NYCHA’s air rights and more: Daily digest

Every day, The Real Deal rounds up New York’s biggest real estate news, from breaking news and scoops to...

About 100 Opportunity Zone funds have raised just 15 percent of what fund managers expected. (Credit: iStock)

Opportunity Zones, real estate’s next big thing, fails to attract much investment

Despite all the hype, investor interest in Opportunity Zone funds simply hasn’t materialized as fund managers had hoped. According...

Backstage with Grant Cardone

Grant Cardone, the real estate investor, speaker, author and business consultant who has amassed more than 2.4 million Instagram followers, spoke about his investing philosophy backstage at The Real Deal’s sixth annual Miami Showcase...

550 Madison (Credit: Gensler)

Renderings revealed for 550 Madison’s renovated lobby

Olayan Group and its partners can see the finish line for 550 Madison Avenue’s major rehab. The local arm...

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42-50 24th Street and (from left) Arnold, Kenneth, Steven and Winston Fisher (Credit: Google Maps)

Fisher Bros. wants to bring a 240-unit mixed-use project to LIC

Fisher Brothers is joining the Long Island City gold rush with plans to bring a 240-unit mixed-use project to...

New York developers hit restart button in Israel. But has the game reset?

When Silverstein Properties announced plans to raise roughly $50 million on the Tel Aviv Stock Exchange in early February,...

(Credit: iStock)

What’s wrong with J-51? Plenty, landlord reps say

Developers usually flock to tax breaks. But there’s one program in New York that’s seeing increasingly less interest from...

Here’s what you missed at TRD’s Miami Showcase & Forum: PHOTOS

HUD Secretary Ben Carson, investor Grant Cardone and more than a dozen panelists highlighted The Real Deal Miami’s sixth...

SoftBank to take control of WeWork at less than $8B valuation

Updated Oct. 21, 2019 4:44 pm: WeWork has reached an agreement to be taken over by SoftBank Group, in...

Chicago’s ice-cold office market is finally heating up. But don’t get too excited

The year’s two biggest office tower sales have been announced in recent weeks, but Chicago investment sales brokers don’t...

Miki Naftali and 1045 Madison Avenue (Credit: Getty Images, Google Maps)

Naftali accused of violating zoning laws at UES development

A resident who lives across the street from the Naftali Group’s proposed Upper East Side development is trying to...

148 East 28th Street and Governor Andrew Cuomo (Credit: Google Maps and Getty Images)

Citing new rent law, building buyer wants money back

The buyer of a Murray Hill building wants his money back because of the new rent law. An LLC...

EB-5 sees investment boost, tensions flare between brokers and StreetEasy: Daily digest

Every day The Real Deal rounds up New York’s biggest real estate happenings, from breaking news and scoops to...

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