Silverstein could buy half of All Year’s Bushwick rentals

Silverstein Properties' Larry Silverstein and Phase I of the Denizen Bushwick at 54 Noll Street (Getty, Google Maps/Illustration by Kevin Rebong for The Real Deal)
Silverstein Properties' Larry Silverstein and Phase I of the Denizen Bushwick at 54 Noll Street (Getty, Google Maps/Illustration by Kevin Rebong for The Real Deal)
Silverstein could buy half of All Year’s Bushwick rentals

State tweaks housing conversion proposal for offices, hotels

Gov. Andrew Cuomo (Getty/Illustration by Kevin Rebong for The Real Deal)
State tweaks housing conversion proposal for offices, hotels

Apartment project near Brooklyn Botanic Garden is shortened

A photo illustration of the 960 Franklin Avenue rendering with Continuum Company's Bruce Eichner (iStock, 960 Franklin/Illustration by Kevin Rebong for The Real Deal)
Apartment project near Brooklyn Botanic Garden is shortened

US home prices are more than 5% too high: Fitch

(iStock/Illustration by Alexis Manrodt for The Real Deal)
US home prices are more than 5% too high: Fitch

Macerich taps PJT Partners for assistance

Macerich CEO Thomas O'Hern and PJT Partners CEO Paul Taubman (Macerich, PJT)
Macerich taps PJT Partners for assistance

Latest News

Clockwise from top left: Rob Speyer, Brendan Wallace, Tal Kerret, Joe Beck, Scott Rechler and Tom Hennessy
National

The definitive real estate SPAC tracker

Blink and you’ll miss a new SPAC. With billions of dollars flowing into blank-check firms, a growing number of real estate players are targeting proptech. As an alternative to the traditional IPO, special-purpose acquisition...

The definitive real estate SPAC tracker
Macerich CEO Thomas O'Hern and PJT Partners CEO Paul Taubman (Macerich, PJT)
National

Macerich taps PJT Partners for assistance

As Macerich battles liquidity issues, the mall owner has tapped an investment bank for assistance managing its debt. PJT Partners, whose specialties include debt restructuring, will advise on options for a $1.5 billion revolving...

Macerich taps PJT Partners for assistance
HSBC COO John Hinshaw (Getty, iStock)
National

HSBC to shrink its office footprint amid shift to WFH

HSBC is banking on remote work — and is shedding office space. John Hinshaw, the group COO of Europe’s...

HSBC to shrink its office footprint amid shift to WFH
Gucci at Trump Tower (Getty)

Gucci renews lease in Trump Tower

Some businesses have attempted to disaffiliate themselves from Former President Donald Trump. Gucci is not among them. The luxury fashion house recently renegotiated and extended its lease at Trump Tower on Fifth Avenue, the...

Gucci renews lease in Trump Tower
(iStock/Illustration by Alexis Manrodt for The Real Deal)
National

US home prices are more than 5% too high: Fitch

Buyers bidding up homes have gotten carried away, according to a new report. Fitch Ratings estimates that national home...

US home prices are more than 5% too high: Fitch

Inside The National issue

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Brookfield’s internal affairs
Brookfield’s internal affairs
Brookfield’s internal affairs
When Compass comes clawing: How the firm’s contracts lock agents in
When Compass comes clawing: How the firm’s contracts lock agents in
When Compass comes clawing: How the firm’s contracts lock agents in
Making sense of the SPACe race
Making sense of the SPACe race
Making sense of the SPACe race
South Florida real estate on climate change: ‘Que Sera, Sera’
South Florida real estate on climate change: ‘Que Sera, Sera’
South Florida real estate on climate change: ‘Que Sera, Sera’
Dov Hertz (Photo by Studio Scrivo)
The Closing: Dov Hertz
The Closing: Dov Hertz
A reckoning on rent
A reckoning on rent
A reckoning on rent
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Marisa Lago and Corey Johnson (NYC Planning, Getty)

Debate flares up over Johnson’s planning overhaul

The city’s land use and planning process is not perfect — on that much, the City Council and de...

Debate flares up over Johnson’s planning overhaul
CoStar Group Andrew C. Florance. (Getty)
National

CoStar revenue soars 19% after year of acquisitions

 CoStar Group’s revenue soared to $1.66 billion in 2020, as the pandemic pushed more people to shop for real...

CoStar revenue soars 19% after year of acquisitions
(Getty)
Tri-State

Summer camps can reopen, but much remains unknown

 Children screaming in the woods will be back this summer — in a good way. Both day and sleepaway...

Summer camps can reopen, but much remains unknown
(Getty, iStock/Illustration by Alexis Manrodt for The Real Deal)
National Issue

A reckoning on rent

Three of Petra Drauschak’s 14 tenants have abandoned their leases during the pandemic. One had already stopped paying by February 2020, when Covid began sweeping across the U.S., but Drauschak’s hands were tied by...

A reckoning on rent
The bankruptcy filing was made to protect the value of the Denizen. (The Denizen)

All Year LLC opts for bankruptcy to stop Bushwick foreclosure

 Three weeks ago, Yoel Goldman’s All Year Management sued Mack Real Estate to stave off the foreclosure of $65...

All Year LLC opts for bankruptcy to stop Bushwick foreclosure
Heritage Equity Partners' Toby Moskovits and the Williamsburg Hotel at 96 Wythe Avenue (Moskovits via Sasha Maslov; Hotel via Williamsburg Hotel)

Toby Moskovits’ Williamsburg Hotel enters bankruptcy

 Toby Moskovits’ distressed Williamsburg Hotel has entered into bankruptcy. Heritage Equity Partners, under the LLC 96 Wythe Acquisition, filed...

Toby Moskovits’ Williamsburg Hotel enters bankruptcy

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