The Real Deal New York

Acropolis Gardens, a Queens co-op mired in allegations of corruption and self-dealing, is tearing itself apart

The Acropolis Gardens at 2168 35th Street in Queens and Steve Osman (Credit: Google Maps and iStock)

SL Green lands $150M loan for 2 Herald Square

SL Green Realty has landed a $150 million loan for 2 Herald Square, which the firm acquired the leasehold of through a foreclosure auction....

Stephen Ross says housing markets across the country are "overbuilt"

If builders have money, they’re gonna build: Stephen Ross from CNBC. Most housing markets across the country are dealing with an oversupply of homes,...

Bernard Arnault, world’s fourth-richest person, dives into the spec mansion game

Buying nearly a half-billion-dollars worth of Rodeo Drive retail properties apparently isn’t Bernard Arnault’s only real estate ambition in Beverly Hills. Arnault, the fourth-richest...

Wanna buy a penthouse in London? Now's the time

If you’re looking to buy a penthouse in London, now is a good time. Factors such as Brexit and a strong supply of luxury...

Most Recent

Losing hand: Las Vegas’ Association of Realtors to end listing syndication

November 17, 2018 02:00PM

TRD LOS ANGELES

The table is cold for Zillow. The Greater Las Vegas Association of Realtors is ending syndication of its members’...
Former Mel Brooks home shaves a half million off asking price

November 17, 2018 01:06PM

TRD WEEKEND EDITION

The listing price for a 1968 home once owned by comedy legend and filmmaker Mel Brooks has been cut...
Female agents targeted by scammers posing as sheriff’s officers

November 17, 2018 12:00PM

TRD WEEKEND EDITION

Scammers posing as sheriff’s officers have been calling female real estate agents in southeastern Massachusetts seeking to set up...
Wanna buy a penthouse in London? Now’s the time

November 17, 2018 11:00AM

TRD WEEKEND EDITION

If you’re looking to buy a penthouse in London, now is a good time. Factors such as Brexit and...
HNA offers investors free plane tickets in lieu of cash

November 17, 2018 10:02AM

TRD NATIONAL

A subsidiary of the struggling Chinese conglomerate HNA Group said it will repay investors with free tickets for HNA’s...
Bernard Arnault, world’s fourth-richest person, dives into the spec mansion game

November 17, 2018 09:00AM

TRD LOS ANGELES

Buying nearly a half-billion-dollars worth of Rodeo Drive retail properties apparently isn’t Bernard Arnault’s only real estate ambition in...
Seller of 421 Broome penthouse chops price, hires Elliman

By Meenal Vamburkar | November 16, 2018 06:00PM

The Corcoran Group’s Eric Becker is jumping to Douglas Elliman — and taking a pricey penthouse listing with him. The penthouse at 421 Broome Street was listed in June...
Investor Moshe Drizin secures $75M loan for FiDi office tower

By Christian Bautista | November 16, 2018 05:30PM

Mayore Estates, a partnership led by investor Moshe Drizin, landed a $75 million mortgage for Financial District office building 22 Cortlandt Street. The debt replaces a $65 million New...
SL Green nabs $150M loan for 2 Herald Square

By David Jeans | November 16, 2018 05:00PM

SL Green Realty has landed a $150 million loan for 2 Herald Square, which the firm acquired the leasehold of through a foreclosure auction. MUFG Union Bank, which previously...

Videos

WATCH: Everything you always wanted to know about Opportunity Zones

TRD Talks: Could a SoftBank takeover of WeWork create a $100B incubator?

WATCH: David Rockwell on teaming up with celebrity chefs, growing up in Mexico and a love of “foul hip-hop”

Why a luxury developer is now building affordable prefab homes by famous designers

Inside the current issue

Residential target practice

The management maestros

The Closing: Kelly Mack

Co-working goes corporate

The condo discount dance

Sizing up SL Green’s big bet

SPONSORED The Ultimate in Luxury: Private Restaurants in Residential Buildings

This stretch of Fifth Avenue ranks as the world’s second priciest retail corridor

By Christian Bautista | November 16, 2018 04:31PM

According to this week’s market reports, Fifth Avenue ranked as the second most expensive retail corridor in the world and Manhattan multifamily construction slowed down in the third quarter....
Acropolis Gardens, a Queens co-op mired in allegations of corruption and self-dealing, is tearing itself apart

By David Jeans | November 16, 2018 04:00PM

Refinancing old debt on a property is a routine measure. But shareholders of an Astoria complex fear another loan would be a means of covering up years of corruption...
Mark your calendars: These are New York’s top real estate events next week

November 16, 2018 03:00PM

Next week there will only be one real estate event due to the holiday. On Nov. 19, the American Israel Public Affairs Committee (AIPAC) is hosting its Annual Real...

SPONSORED Savvy renters are leading the L Train exodus and getting the best deals

Clipper Equity, Chetrit land $99M loan for “haunted” Brooklyn resi complex

By Christian Bautista | November 16, 2018 02:30PM

Clipper Equity and the Chetrit Group landed a $98.9 million loan for the Parkside Brooklyn residential complex in Prospect Park South. The new debt replaces a $38 million TD...
Cooling trend could end up boding well for home buyers

By Kenneth R. Harney | November 16, 2018 02:00PM

Don’t call it a “buyer’s market.” Don’t call it a “correction.” But the fact is that a sobering change is taking shape in the housing market — an unmistakable...
Steve Mnuchin’s socialite sister buys $6M UES townhouse

By E.B. Solomont | November 16, 2018 01:30PM

Valerie Mnuchin — New York City socialite and sister to U.S. Treasury Secretary Steve Mnuchin — has snagged an Upper East Side townhouse for just over $6 million. Public...

This Chinese hotelier is behind the latest 220 CPS closing

By Meenal Vamburkar | November 16, 2018 01:00PM

The latest unit to close at 220 Central Park South went for $13.49 million. Tong Tong Zhao, co-founder of China Lodging Group, bought unit 27A, according to records filed...
A $12B fintech firm is relocating to
Fisher Brothers’ 605 Third

By Rich Bockmann | November 16, 2018 12:30PM

Fintech company Broadridge Financial is relocating its offices to Third Avenue. The S&P 500 company, which specializes in processing proxy votes for thousands of shareholder meetings, signed a lease...
Wells Fargo makes homebuyers put up even more cash in some of New York’s toniest suburbs

November 16, 2018 12:00PM

Homebuyers in Connecticut’s Fairfield County will need down payments of 25 percent instead of 20 percent if they want a mortgage from Wells Fargo. The largest mortgage lender in...
Stephen Ross says housing markets across the country are “overbuilt”

November 16, 2018 11:30AM

TRD NATIONAL

If builders have money, they’re gonna build: Stephen Ross from CNBC. Most housing markets across the country are dealing...
Mack Real Estate loans $78M on
88 University Place

November 16, 2018 11:00AM

Mack Real Estate Credit Strategies has loaned $77.5 million to refinance a WeWork-leased office building in Union Square. The 11-story property is at 88 University Place and owned by...

The Real Deal New York

Acropolis Gardens, a Queens co-op mired in allegations of corruption and self-dealing, is tearing itself apart

SL Green lands $150M loan for 2 Herald Square

Stephen Ross says housing markets across the country are "overbuilt"

Bernard Arnault, world’s fourth-richest person, dives into the spec mansion game

Wanna buy a penthouse in London? Now's the time

Losing hand: Las Vegas’ Association of Realtors to end listing syndication

Former Mel Brooks home shaves a half million off asking price

Female agents targeted by scammers posing as sheriff’s officers

Wanna buy a penthouse in London? Now’s the time

HNA offers investors free plane tickets in lieu of cash

Bernard Arnault, world’s fourth-richest person, dives into the spec mansion game

Seller of 421 Broome penthouse chops price, hires Elliman

Investor Moshe Drizin secures $75M loan for FiDi office tower

SL Green nabs $150M loan for 2 Herald Square

Popular

November 2018 issue

Videos

Inside the current issue

SPONSORED The Ultimate in Luxury: Private Restaurants in Residential Buildings

This stretch of Fifth Avenue ranks as the world’s second priciest retail corridor

Acropolis Gardens, a Queens co-op mired in allegations of corruption and self-dealing, is tearing itself apart

Mark your calendars: These are New York’s top real estate events next week

SPONSORED Savvy renters are leading the L Train exodus and getting the best deals

Clipper Equity, Chetrit land $99M loan for “haunted” Brooklyn resi complex

Cooling trend could end up boding well for home buyers

Steve Mnuchin’s socialite sister buys $6M UES townhouse

This Chinese hotelier is behind the latest 220 CPS closing

A $12B fintech firm is relocating to
Fisher Brothers’ 605 Third

Wells Fargo makes homebuyers put up even more cash in some of New York’s toniest suburbs

Stephen Ross says housing markets across the country are “overbuilt”

Mack Real Estate loans $78M on
88 University Place

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