National Weekend Edition
Senior living operator promises vaccine with a lease
As the pandemic drives down occupancy at senior living properties, a Long Island assisted living community is promising vaccines...
Civic boosterism gets big backing from real estate
Investment sales fell by half in December to finish year down 48%
NMHC chair David Schwartz on rent control fights and multifamily’s mission
Latest News
National Weekend Edition
London home prices hit new high
London home prices just keep getting higher. The average price of a home in the city rose nearly 10 percent between November 2019 and November 2020 to about 514,000 pounds, or just over $700,000,...
National Weekend Edition
Carl Icahn pulls plug on auction to demolish Trump casino
Carl Icahn is known to blow things up, but not literally. https://www.vanityfair.com/news/2020/05/carl-icahn-is-exiting-herbalife-and-making-a-killing The activist investor is not interested in...
Ex-City Planning officials criticize “hollow” hotel permits proposal
Some former city planning officials aren’t keen on a plan to restrict hotel construction throughout the city. During a...
National
Bank OZK’s Q4 was “strong end to challenging year”
One of the nation’s most active construction lenders ended 2020 on a high note following an overall miserable year...
Investment sales fell by half in December to finish year down 48%
For investment sales in the city, a down year finished on a down note. Sales volume in December was...
Civic boosterism gets big backing from real estate
Two PR vets with deep ties to the real estate industry are trying to change the narrative that New...
Miami
PayPal co-founder Peter Thiel revealed as buyer of Miami Beach mansions
PayPal co-founder Peter Thiel was revealed as the buyer of two waterfront adjacent Miami Beach mansions that sold in...
National Issue
NMHC chair David Schwartz on rent control fights and multifamily’s mission
Homes aren’t just homes anymore. During Covid, they’ve become offices, schools, gyms, places of worship and date spots, combining...
Inside The National issue
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Paradise found: Can Francis Suarez make Miami the next Big Tech mecca?
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Tri-State
Big golf, resi project in East Quogue approved
To the dismay but not the surprise of environmentalists, a controversial golf course and residential project in East Quogue...
National
Americans bought 5.6M homes last year — the most since the bubble
Despite the global pandemic, or perhaps because of it, home sales clocked their best year since 2006. The annual...
National
Beny Steinmetz found guilty of corruption
A Geneva court has found Israeli billionaire Beny Steinmetz guilty of corruption. Steinmetz, who is reported to be a silent backer of New York real estate, was sentenced to five years in jail for...
Sponsored
Meridian Capital Group Arranges Sale and Acquisition Financing for 15 Park Row, 335-Unit Manhattan Multifamily Building
Meridian Capital Group announced today that its Institutional Investment Sales Group, led by Helen Hwang, has advised Park Row Realty, L.P. on the residential...
Freshly inks big lease in NoMad
Meal-delivery company Freshly will be more than quadrupling its office footprint after relocating to north of Madison Square Park. Freshly has signed a 92,306-square-foot lease at 28 East 28th Street, according to a release...
Former deputy mayor Randy Mastro, lawyer in Lucerne controversy, lists UES home
UPDATE, Jan. 22, 6:05 p.m.: A lawyer who defended relocating homeless men on the Upper West Side is himself...
Los Angeles
Weighing in at $130M: Sly Stallone lists massive mansion
Sylvester Stallone is looking for a blockbuster in Beverly Park. The “Rocky” and “Rambo” actor has listed his 21,000-square-foot...
National
How builders are changing America’s suburbs to fit the times
Donald Trump vowed to protect the suburbs from low-income housing, but more Americans in poverty live in the suburbs...
Archive Issue
Who owns all of New York? A first-ever ranking of the city’s largest property owners
When Silverstein Properties was bidding on the Helmsley Carlton House eight years ago, company executive Marty Burger thought his...