NYC taps developers for largest mass timber resi project
Artimus, Phoenix Realty Group will build 500 units on Staten Island
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Residential
San Francisco
AI boom fuels San Francisco rent surge, AvalonBay CEO claims
City economist throws cold water on claim
Residential
New York
Ryan Serhant to Compass: “It’s Barnes & Noble”
Celebrity broker targets brokerage giant at TRD’s NYC Forum & more in notes from a resi reporter
Construction
Los Angeles
Post-wildfires, shipping containers, 3D-printed homes provide temporary shelter
Pre-fab avoids “construction delays, cost overruns and quality issues”
Residential
National
Feds charge Alexander brothers with new counts of sex trafficking
Prosecutors add allegations Oren, Tal and Alon trafficked, drugged and raped women, including one who was a minor
Politics
Chicago
Shaya Wurzberger’s firm was suspended from Chicago’s Section 8 program
Landlord who made $100M splash in South Side multifamily market was reinstated in February
Politics
New York
Real estate elite flock to TRD forum
Big names, big ideas and some hot takes, plus high-profile developer arrested this week and other NYC real estate news
Commercial
New York
“I think that we’ve turned the corner”: Mary Ann Tighe predicts good times for office market
At TRD’s real estate forum, CRE heavyweights were bullish on NYC office
Commercial
San Francisco
One in three distressed borrowers handing back buildings, experts say
Rise in deeds-in-lieu of foreclosure brings "messy" cleanups, liabilities for banks
May 12, 2025
Zeckendorf’s secretive 80 Clarkson releases 16 more units
New units asking total of $360M, average ppsf of over $6K
May 10, 2025
Ryan Serhant to Compass: “It’s Barnes & Noble”
Celebrity broker targets brokerage giant at TRD’s NYC Forum & more in notes from a resi reporter
May 12, 2025
NYC taps developers for largest mass timber resi project
Artimus, Phoenix Realty Group will build 500 units on Staten Island
May 10, 2025
The Daily Dirt: Real estate takeaways in the state budget
Budget includes condo conversion rule changes
May 12, 2025
Bromley clocks 84K sf lease in fintech firm’s Manhattan expansion
Chime leases in Flatiron District office property 122 Fifth Avenue
May 9, 2025
Price revealed: Amazon paid $350M for RFR’s 522 Fifth Ave, records show
RFR had paid $425M to acquire office and retail components
May 12, 2025
Movers & Shakers: Starwood names C-Suite exec for insurance strategies
Plus: Township Capital hires senior managing director, Codina launches multifamily property management division
May 12, 2025
Lease roundup: Maple & Ash, Earls Kitchen + Bar open at Miami Worldcenter
Also, Akira moved its Lincoln Road boutique
May 11, 2025
The Weekly Dirt: Ryan Serhant talks “Owning Miami” and the importance of feeder markets
He says he’s piloting a private listings network in Florida
May 9, 2025
Related Urban seeks extension of a ground lease for Live Local project in Miami-Dade
Developer would pay county $97M over life of 99-year term
May 9, 2025
Resi roundup: Billionaire Li Ge sells Fort Lauderdale mansion
Deals spanned Miami Beach to North Palm Beach, ranged from $8.2M to $12.3M
May 9, 2025
Panattoni seizes Miami-Dade offices in deed in lieu, pays $21M for nearby building
Both Miami-Dade County properties have high vacancies
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Steven and Alex Witkoff to join TRD live on stage at our NYC Forum!
Inside the largest office to resi conversion in the country, 25 Water Street
NYC flip king David Werner's buying spree
May 9, 2025
Post-wildfires, shipping containers, 3D-printed homes provide temporary shelter
Pre-fab avoids “construction delays, cost overruns and quality issues”
May 9, 2025
Archer snack company leases 351K sf Dodger dog factory in Vernon
Operation will take over historic plant run for nearly a century by Farmer John
May 9, 2025
One in three distressed borrowers handing back buildings, experts say
Rise in deeds-in-lieu of foreclosure brings "messy" cleanups, liabilities for banks
May 8, 2025
LA County greenlights self-certification for Altadena rebuilding
Permit fees may be waived in unincorporated areas
May 10, 2025
Carolwood asks “why wouldn’t we” as brokerage launches private listings portal
Plus, the latest on wildfire rebuilding, a billionaire’s $110M purchase in Bel-Air and more LA real estate news
May 8, 2025
Irvine Company aims to transform golf course into village of 3K homes
Proposed development in Irvine includes school funded by developer Donald Bren
May 11, 2025
Chicago developers tee up big plans for turbulent sites
Plus, lakefront reassessments shock the North Shore and JDL eyes Lincoln Yards takeover and more Chicago real estate news
May 9, 2025
Fire safety fears torch $50M affordable senior housing proposal
Des Plaines rejected project over emergency response burdens, aesthetics
May 9, 2025
Shaya Wurzberger’s firm was suspended from Chicago’s Section 8 program
Landlord who made $100M splash in South Side multifamily market was reinstated in February
May 9, 2025
Another $8M sale indicates rising values on Lake Geneva
Lakefront home sold off-market in one of area’s priciest recent deals
May 9, 2025
Buyer of coffee baron’s historic Gold Coast home revealed
Travel exec and wife paid $6.75 million in most-expensive home sale in years
May 8, 2025
$7M budget shortfall, looming HUD cuts beset Cook housing authority
“Troubled” agency closed voucher waitlist with 8,300 families five years ago
May 9, 2025
UC San Francisco scores $575M from state bank for med building in Dogpatch
Block 2 would anchor a 2.6K-unit village at former Potrero Power Station
May 9, 2025
Santa Clara targets industrial area near Levi’s Stadium for urban village
Central to the project: Related California’s two towers
May 9, 2025
Veritas, Ivanhoe sell Bay Area apartments for $541M
LA investor gets 76 apartment buildings with 1,700 units at 28% discount
May 9, 2025
AI boom fuels San Francisco rent surge, AvalonBay CEO claims
City economist throws cold water on claim
May 11, 2025
Nvidia spends $123M for Santa Clara campus
Plus law firm lease in SF, $725M hotel debt in contract and more Bay Area news
May 8, 2025
Zscaler subleases 301K sf of offices from Airbnb in Santa Clara
San Jose cybersecurity firm to expand into two six-story office buildings
May 9, 2025
Behind Bill Ackman’s $900M deal to increase stake in Howard Hughes
Investor took to X to field questions about what’s next for the developer
May 10, 2025
Company behind $800M Dallas spa plan lacks track record
Plus, real estate-related election results, lawmakers’ foreign buyers ban and more Texas real estate news
Dallas
May 9, 2025
Frisco voters reject $340M performing arts center
Planned 2,800-seat hall was backed by school district, Broadway groups
May 9, 2025
Lawmakers want to hand Abbott power to restrict foreign buyers
House expanded proposal on nationality bans to give governor discretion
Dallas
May 12, 2025
EoS beefs up in DFW with 120K square feet of leases
Gym is backfilling a Conn’s and building ground-up in North Texas
Houston
May 9, 2025
Ren fair’s “King George” ordered to pay $23M in botched sale
Court ruled in favor of buyers in $60M deal for massive event grounds
Apr 21, 2025
Window may be closing on Opendoor as it faces delisting
iBuying operation has been trading below $1 since April 11
Apr 21, 2025
Big chunk of Moshe Silber’s sprawling portfolio heads to auction
Multifamily investor was sentenced to 30 months in prison for role in mortgage fraud scheme
Apr 20, 2025
More Fannie Mae departures as turmoil continues
Tal Alexander tries to call the shots from prison, Larry Silverstein drops his $3.7 billion federal funding bid for 2 WTC and more national news from this week
Apr 18, 2025
Robert Reffkin goes NAR activist investor
Compass exec publicly tangles with MLSs in campaign against CCP
Nashville
May 12, 2025
Office market correction hits downtown Nashville’s biggest buildings
Towers lost $400M in taxable value; tax-rate hike proposed
Philadelphia
May 9, 2025
Comcast turning CEO’s former condo into hotel suites
Four Seasons Philadelphia set to add eight guest rooms
South Florida
May 11, 2025
The Weekly Dirt: Ryan Serhant talks “Owning Miami” and the importance of feeder markets
He says he’s piloting a private listings network in Florida
Los Angeles
May 10, 2025
Carolwood asks “why wouldn’t we” as brokerage launches private listings portal
Plus, the latest on wildfire rebuilding, a billionaire’s $110M purchase in Bel-Air and more LA real estate news
San Francisco
May 9, 2025
Santa Clara targets industrial area near Levi’s Stadium for urban village
Central to the project: Related California’s two towers
San Francisco
May 9, 2025
Veritas, Ivanhoe sell Bay Area apartments for $541M
LA investor gets 76 apartment buildings with 1,700 units at 28% discount
Chicago
May 9, 2025
Another $8M sale indicates rising values on Lake Geneva
Lakefront home sold off-market in one of area’s priciest recent deals
South Florida
May 9, 2025
Resi roundup: Billionaire Li Ge sells Fort Lauderdale mansion
Deals spanned Miami Beach to North Palm Beach, ranged from $8.2M to $12.3M
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The Real Deal’s Joe Lovinger and Suzannah Cavanaugh break down the newest, biggest trends and concepts in real estate.
South Florida
May 12, 2025
Lease roundup: Maple & Ash, Earls Kitchen + Bar open at Miami Worldcenter
Also, Akira moved its Lincoln Road boutique
New York
May 12, 2025
Bromley clocks 84K sf lease in fintech firm’s Manhattan expansion
Chime leases in Flatiron District office property 122 Fifth Avenue
Nashville
May 12, 2025
Office market correction hits downtown Nashville’s biggest buildings
Towers lost $400M in taxable value; tax-rate hike proposed
Dallas
May 12, 2025
EoS beefs up in DFW with 120K square feet of leases
Gym is backfilling a Conn’s and building ground-up in North Texas
South Florida
May 12, 2025
Movers & Shakers: Starwood names C-Suite exec for insurance strategies
Plus: Township Capital hires senior managing director, Codina launches multifamily property management division
San Francisco
May 11, 2025
Nvidia spends $123M for Santa Clara campus
Plus law firm lease in SF, $725M hotel debt in contract and more Bay Area news
Los Angeles
May 10, 2025
Carolwood asks “why wouldn’t we” as brokerage launches private listings portal
Plus, the latest on wildfire rebuilding, a billionaire’s $110M purchase in Bel-Air and more LA real estate news
Philadelphia
May 9, 2025
Comcast turning CEO’s former condo into hotel suites
Four Seasons Philadelphia set to add eight guest rooms
Chicago
May 9, 2025
Fire safety fears torch $50M affordable senior housing proposal
Des Plaines rejected project over emergency response burdens, aesthetics
South Florida
May 9, 2025
Louis Birdman and partners win approval for mixed-use development with 618 apartments in Hollywood
They will clean a brownfield before developing project
Los Angeles
May 8, 2025
Irvine Company aims to transform golf course into village of 3K homes
Proposed development in Irvine includes school funded by developer Donald Bren
Tampa
May 8, 2025
Builder pitches townhomes with buyer aid, free land in St. Pete
Ramos Development answered affordable housing RFP for city-owned property