The Real Deal New York

125 Greenwich supertall closes on $473M debt package

From left: Michael Shvo, Davide Bizzi, Howard Lorber, and renderings with 125 Greenwich Street (Credit: Getty Images)

Sales for Cary Tamarkin's UWS luxury condo to begin without price adjustment

Cary Tamarkin isn’t bending on his targeted sellout of $161 million. Despite the glut of luxury homes flooding the market, the developer is launching...

Not just Kushner: Other major landlords fail to disclose rent-stabilized tenants on permits

It wasn’t until Jared Kushner’s family firm was exposed for falsifying construction paperwork that a story about New York building permits made national headlines....

Elie Tahari sues board of 860 Fifth for $50M

Fashion designer Elie Tahari’s plan to stitch together two penthouse units on the Upper East Side has hit a snag. Again. The designer —...

Winter is coming: Rockwell Group to build pop-up "village" at Pier 17

The revamped South Street Seaport district will soon be a year-round hub–at least for winter 2018-19. Rockwell Group got approval from the Landmarks Preservation...

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Do it yourself: The wealthy are increasingly looking to invest directly

September 23, 2018 10:00AM

TRD WEEKEND EDITION

Billionaire families like the Dells and the Pritzkers know that the smart way to put their money to work...
Why Hong Kong broker fees are creeping up

September 23, 2018 09:00AM

TRD WEEKEND EDITION

Being a real estate agent in the lucrative Hong Kong market has its perks. Rising interest rates, a looming vacancy tax and a decline in the city’s stock market is making developers nervous, the...
Why the phone is ringing off the hook for real estate in a small, upstate NY town

September 22, 2018 09:52PM

TRD WEEKEND EDITION

A hydroelectric dam in upstate New York is like a moth to a flame for crypto miners looking for...
Could opportunity zones eclipse or dovetail with EB-5?

By Erin Hudson | September 22, 2018 08:55PM

TRD WEEKEND EDITION

NES Financial, a FinTech company perhaps best known in certain real estate circles for providing compliance and reporting services...
Sales for Cary Tamarkin’s UWS luxury condo to begin without price adjustment

September 22, 2018 02:34PM

TRD WEEKEND EDITION

Cary Tamarkin isn’t bending on his targeted sellout of $161 million. Despite the glut of luxury homes flooding the...
What’s a degree worth? A third of homeowners say they’d borrow against their homes to pay for it

September 22, 2018 01:36PM

TRD WEEKEND EDITION

Homeowners across the country have about $5.8 trillion in equity and–notwithstanding some hesitancy–there’s some surprising ways they plan on using it. Chief among them...
Winter is coming: Rockwell Group to build pop-up “village” at Pier 17

September 22, 2018 12:10PM

TRD WEEKEND EDITION

The revamped South Street Seaport district will soon be a year-round hub–at least for winter 2018-19. Rockwell Group got...
Should’ve known better: Richard Marx relists lakefront mansion for half original price

September 22, 2018 11:15AM

TRD CHICAGO

Singer-songwriter Richard Marx and his ex-wife, actress Cynthia Rhodes, slashed the asking price on their North Shore mansion for...
What to do with Europe’s dying towns?

September 22, 2018 10:38AM

TRD WEEKEND EDITION

Thousands of towns across Europe (and even Japan) are on the verge of becoming ghost towns, but a handful of hoteliers are trying to reverse the trend. By transforming vacant buildings into resorts based...

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This Seagram heir tied to alleged sex cult wants to build a five-story resi complex

By Dennis Lynch | September 22, 2018 09:00AM

TRD LOS ANGELES

Seagram beverage company heir Clare Bronfman wants to develop a 46-unit residential building in Encino, even as she fights criminal charges in federal court over her involvement in an...
Elie Tahari sues board of 860 Fifth for $50M

By E.B. Solomont | September 21, 2018 06:05PM

Fashion designer Elie Tahari’s plan to stitch together two penthouse units on the Upper East Side has hit a snag. Again. The designer — who has sparred previously with...
125 Greenwich supertall closes on $473M debt package

By David Jeans, Danielle Balbi and Will Parker | September 21, 2018 05:16PM

After marathon negotiations that began more than two years ago, the developers of the supertall condominium at 125 Greenwich Street have closed on a $473 million financing package with...

Sales have launched at Tishman Speyer’s 11 Hoyt. Here’s a look inside

By Meenal Vamburkar | September 21, 2018 05:15PM

Tishman Speyer is launching sales at its 57-story tower at 11 Hoyt Street. The 481-unit project — which is rising on the site of a Macy’s parking garage —...
More Massey Knakal alumni leave Cushman for JLL

By Rich Bockmann | September 21, 2018 04:46PM

JLL continues to poach former Massey Knakal dealmakers from Cushman & Wakefield. More than half a dozen top brokers focused on Manhattan are leaving Cushman for the rival brokerage,...
Not just Kushner: Other major landlords fail to disclose rent-stabilized tenants on construction permits

By Will Parker and Kathryn Brenzel | September 21, 2018 04:21PM

It wasn’t until Jared Kushner’s family firm was exposed for falsifying construction paperwork that a story about New York building permits made national headlines. But a new investigation by...

Day in the life of: Robyn Sorid

By Erin Hudson | September 21, 2018 03:45PM

TRD ISSUE

Robyn Sorid co-founded G4 Capital Partners in 2005 with partners Louis Silverman and Jason Behfarin as the real estate finance arm of Silverman’s family business. The hard-money lender mainly focuses on projects in the...
Mark your calendars: These are New York’s top real estate events next week

September 21, 2018 02:55PM

There will be a few new real estate events in New York City next week. On Sept. 25, Gensler is hosting a panel, Commercial Real Estate Capital Markets: A Lender’s...
Howard Michaels, go-to money man for developers, dies

By Hiten Samtani and Kathryn Brenzel | September 21, 2018 02:04PM

Howard Michaels, a pugnacious capital-markets broker who became a lifeline for some of New York’s biggest projects and developers, died Friday. He was 62. The cause of death was...
Wheels of fortune: with M&A activity and funding rounds abound, the industry is rethinking the value of resi brokerages

By E.B. Solomont | September 21, 2018 01:15PM

TRD ARCHIVE

When the venture-backed brokerage Compass secured a cash infusion of $75 million last month, the response from industry rivals...
WeWork is taking a majority of this Chelsea office property

By Christian Bautista | September 21, 2018 12:30PM

Just days after announcing its status as Manhattan’s largest office tenant, WeWork notched another new lease, signing on for 60,000 square feet at 511 West 25th Street in Chelsea....

The Real Deal New York

125 Greenwich supertall closes on $473M debt package

Sales for Cary Tamarkin's UWS luxury condo to begin without price adjustment

Not just Kushner: Other major landlords fail to disclose rent-stabilized tenants on permits

Elie Tahari sues board of 860 Fifth for $50M

Winter is coming: Rockwell Group to build pop-up "village" at Pier 17

Do it yourself: The wealthy are increasingly looking to invest directly

Why Hong Kong broker fees are creeping up

Why the phone is ringing off the hook for real estate in a small, upstate NY town

Could opportunity zones eclipse or dovetail with EB-5?

Sales for Cary Tamarkin’s UWS luxury condo to begin without price adjustment

What’s a degree worth? A third of homeowners say they’d borrow against their homes to pay for it

Winter is coming: Rockwell Group to build pop-up “village” at Pier 17

Should’ve known better: Richard Marx relists lakefront mansion for half original price

What to do with Europe’s dying towns?

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August 2018 issue

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Inside the current issue

SPONSORED Daniel Boulud’s Insider’s Guide to the Upper East Side

This Seagram heir tied to alleged sex cult wants to build a five-story resi complex

Elie Tahari sues board of 860 Fifth for $50M

125 Greenwich supertall closes on $473M debt package

Sales have launched at Tishman Speyer’s 11 Hoyt. Here’s a look inside

More Massey Knakal alumni leave Cushman for JLL

Not just Kushner: Other major landlords fail to disclose rent-stabilized tenants on construction permits

Day in the life of: Robyn Sorid

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

Howard Michaels, go-to money man for developers, dies

Wheels of fortune: with M&A activity and funding rounds abound, the industry is rethinking the value of resi brokerages

WeWork is taking a majority of this Chelsea office property

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