The Real Deal New York

The downturn is coming. Can the We Company survive the storm?

WeWork co-founder Miguel McKelvey, Adam Neumann, CFO Artie Minson, and Vice Chairman Michael Gross in a bunker made out of money (Credit: Getty Images and iStock)

WarnerMedia closes on $2.2B Hudson Yards sale-leaseback

WarnerMedia has closed on its $2.2 billion sale-leaseback deal with Related Companies at 30 Hudson Yards, the firms said Tuesday. The media giant has...

JDS secures $664M construction loan for Brooklyn's future tallest tower

After a years-long search for financing, 9 DeKalb Avenue is set to rise. Michael Stern’s JDS Development this week secured a $664 million construction...

At the desk of: Foiz Ahmed

Foiz Ahmed’s path to running Quadrum Global’s hotel division started when he was 16 years old and worked as a bellhop at a Holiday...

These are the tallest towers underway in NYC

With New York City’s ever-changing skyline, The Real Deal compiled a list of the top 10 tallest projects currently in the works in the...

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April 24, 2019 10:15AM

Connect with The Real Deal on Facebook for breaking news, original videos, fun facts and more!
Fashion house Badgley Mischka to take naming rights, two floors at Midtown tower

April 24, 2019 09:30AM

Fashion house Badgley Mischka is set to move into 133 West 52nd Street after it secured a 10-year lease in the building. The firm will take just under 26,000...
JDS secures $664M construction loan for Brooklyn’s future tallest tower

April 24, 2019 09:00AM

After a years-long search for financing, 9 DeKalb Avenue is set to rise. Michael Stern’s JDS Development this week secured a $664 million construction loan from Silverstein Capital and...
These are the tallest towers underway
in NYC

By Ashley McHugh-Chiappone | April 24, 2019 08:30AM

With New York City’s ever-changing skyline, The Real Deal compiled a list of the top 10 tallest projects currently in the works in the five boroughs. Four of the...
WarnerMedia closes on $2.2B Hudson Yards sale-leaseback

April 24, 2019 08:00AM

WarnerMedia has closed on its $2.2 billion sale-leaseback deal with Related Companies at 30 Hudson Yards, the firms said Tuesday. The media giant has entered a 15-year lease with...
At the desk of: Foiz Ahmed

By Meenal Vamburkar | April 24, 2019 07:30AM

TRD ISSUE

Foiz Ahmed’s path to running Quadrum Global’s hotel division started when he was 16 years old and worked as a bellhop at a Holiday Inn in his hometown, Washington, D.C. “That’s where I fell...
The downturn is coming. Can the We Company survive the storm?

By David Jeans | April 24, 2019 07:00AM

TRD NATIONAL

In January, Adam Neumann went on CNBC to quiet concerns that his company, WeWork, was in trouble. News had...
CoStar reports 20% revenue jump in Q1

By David Jeans | April 23, 2019 06:31PM

TRD NATIONAL

CoStar Group’s revenue jumped 20 percent year over year during the first quarter, reaching $328 million — due in part to strong results from its residential listings platform. The company reported a 63 percent...
New Jersey Cheat Sheet: Montclair megamansion proposal withdrawn, Morristown luxury community hits the market… & more

By J.M. Donaghy | April 23, 2019 05:30PM

TRD TRI-STATE

Montclair megamansion proposal withdrawn ‘without prejudice’ A bid to build a 60,000-square-foot megamansion in Montclair was abruptly withdrawn from review on April 19, according...

Videos

WATCH: TRD talks shop with the developers behind Hudson Yards

A staircase to nowhere or a Shawarma? Thomas Heatherwick responds to criticism of the Vessel

WATCH: Inside Macklowe’s gut renovation of historic One Wall Street

WATCH: What’s at stake with Albany’s proposed pied-à-terre tax

Inside the current issue

Manhattan’s leasing leaders

Who’s winning and losing on Wall Street?

The Closing: David Kramer

Ghost towers

Tax targets

High rollers in a budding business

SPONSORED From Playwright to Photography: Famous Artists’ Homes

These REITs could get hit by the rent control craze sweeping the country

April 23, 2019 05:00PM

TRD NATIONAL

As roughly a dozen states pursue rent control measures, the proposals are raising concerns for publicly-traded landlords. Equity Residential,...

New development agents get stretched thin

By E.B. Solomont | April 23, 2019 04:15PM

TRD ARCHIVE

The developers of 111 Murray Street had reason to celebrate this fall after pulling off a $650 million loan that would partially refinance unsold units at the 800-foot condo tower. But for brokers selling...
This 2,000-acre Catskills development site just hit the market for $22M

By Meenal Vamburkar | April 23, 2019 03:30PM

TRD TRI-STATE

Lost Lake Resort in Sullivan County — which has approved plans for the largest subdivision ever approved in New...

LA’s industrial market is tops among foreign investors in US: report

By Gregory Cornfield | April 23, 2019 03:00PM

TRD NATIONAL

The Los Angeles area industrial market is still having its moment, and the draw isn’t just from U.S. investors....
Knotel installs AECOM real estate alum to lead enterprise business

By David Jeans | April 23, 2019 02:20PM

In its bid to solidify its focus on large companies and draw in big name clients, Knotel has hired a corporate real estate executive to lead its enterprise division....

Payday: What the leaders of RE’s biggest public companies earn

By Heather Skyler | April 23, 2019 01:45PM

TRD LOS ANGELES

It’s a case of the haves and have-way-mores when it comes to the earnings collected by the leaders of Los Angeles’ most influential public firms in commercial and residential...
Sales of new homes skyrocketed in March. Sales of existing homes, not so much.

April 23, 2019 01:00PM

TRD NATIONAL

March was a good month for sales of new homes but not such a good month for sales of...
Compass doesn’t know how it will turn a profit off slate of new services

April 23, 2019 12:15PM

TRD NATIONAL

UPDATED, April 23, 5:53 p.m.: Even at a $4.4 billion valuation, Compass is still navigating how to make money...
Trump Org files lawsuit to block subpoena of financial statements

April 23, 2019 11:34AM

TRD NATIONAL

Facing a subpoena from the House Oversight Committee, the Trump Organization is fighting back. In a lawsuit filed on...
PHOTOS: Highlights from TRD Chicago’s inaugural State of the Market showcase

April 23, 2019 10:45AM

TRD CHICAGO

An array of Chicago real estate professionals came together to network and hear experts talk about the city’s residential brokerages, megaprojects and more at The Real Deal Chicago...
How Keller Williams plans to take down Zillow, Opendoor

April 23, 2019 10:00AM

TRD NATIONAL

Keller Williams, the nation’s biggest franchise brokerage, is joining the likes of Opendoor and Zillow Offers in the all-cash,...

The downturn is coming. Can the We Company survive the storm?

WarnerMedia closes on $2.2B Hudson Yards sale-leaseback

JDS secures $664M construction loan for Brooklyn's future tallest tower

At the desk of: Foiz Ahmed

These are the tallest towers underway in NYC

Follow us on Facebook for up-to-the-minute coverage on everything real estate

Fashion house Badgley Mischka to take naming rights, two floors at Midtown tower

JDS secures $664M construction loan for Brooklyn’s future tallest tower

These are the tallest towers underway
in NYC

WarnerMedia closes on $2.2B Hudson Yards sale-leaseback

At the desk of: Foiz Ahmed

The downturn is coming. Can the We Company survive the storm?

CoStar reports 20% revenue jump in Q1

New Jersey Cheat Sheet: Montclair megamansion proposal withdrawn, Morristown luxury community hits the market… & more

Popular

April 2019 issue

Videos

Inside the current issue

SPONSORED From Playwright to Photography: Famous Artists’ Homes

These REITs could get hit by the rent control craze sweeping the country

SPONSORED Best-in-Class Gets Even Better

New development agents get stretched thin

This 2,000-acre Catskills development site just hit the market for $22M

SPONSORED Boutique Law Firms: 4 Solutions to Vexing Real Estate Issues That Keep Partners Up at Night

LA’s industrial market is tops among foreign investors in US: report

Knotel installs AECOM real estate alum to lead enterprise business

SPONSORED Meridian Sells a Luxury Mixed-Use Elevator Building in Brooklyn Heights for $15 Million

Payday: What the leaders of RE’s biggest public companies earn

Sales of new homes skyrocketed in March. Sales of existing homes, not so much.

Compass doesn’t know how it will turn a profit off slate of new services

Trump Org files lawsuit to block subpoena of financial statements

PHOTOS: Highlights from TRD Chicago’s inaugural State of the Market showcase

How Keller Williams plans to take down Zillow, Opendoor

Latest Los Angeles issue

Tri-State issue