The Real Deal New York

Town CEO Andrew Heiberger said it was the cost of commissions and competitive recruiting climate that led to the decision to shutter the brokerage’s resales and leasing divisions last...

German home prices have climbed by about 60 percent since 2010, and the unprecedented rate of growth is stoking concerns of a housing bubble. Berlin, for example, recently came in atop a list compiled by Knight Frank in the fourth quarter of last year...

Americans are increasingly looking overseas toward Italy when it comes to buying a second home. U.S. buyers made up 11.3 percent of foreigners who inquired about buying high-end homes...

Chinese investment in senior housing in the United States has slowed to a trickle following a $1 billion-plus buying spree over the past few years. Chinese investors haven’t made...

The rich get richer and the poor get poorer, so the saying goes. And in New York City, the upper middle class gets more upper and the lower middle...

Toronto’s condominium developers are pulling the plug on projects with significant numbers of pre-sales as construction costs climb and home values continue to rise. Developers in Canada’s largest city...

Home buying is often an emotional decision, and now it’s increasingly becoming a mindful one. Developers are tapping into the market for wellness real estate by including amenities like open-air yoga studios, medicinal gardens with calming herbs and meditation courtyards, the Wall Street Journal...

Around midday on Friday, a van branded “Town Residential” pulled up to 26 Astor Place. The driver got out, unloaded bubble wrap and cardboard boxes from Home Depot, and...

From the April issue: Jordan Sachs CEO and Co-founder, Bold New York What are you currently reading or what have you finished most recently? “The Devil in the White City: Murder, Magic, and Madness at...

Ziel Feldman’s HFZ Capital Group is preparing to launch sales soon at its two-building Chelsea megaproject, where a half-floor penthouse is asking $25 million. Sales are set to begin...

A 29-story hotel is coming to the Bryant Park area. Developer Wei Hong Hu filed plans for a 41,469-square-foot structure at 58 West 39th Street on Friday. The Great...

Abraham Fruchthandler’s FBE Limited paid $26 million for an Inwood development site where two years ago the City Council had quashed a rezoning. Acadia Realty Trust sold the property at...

Early bird tickets remain on sale for The Real Deal’s 11th annual New York Real Estate Showcase and Forum on May 14 at the Metropolitan Pavilion in Chelsea. Please visit...

Following the raid of Trump attorney Michael Cohen’s hotel room on April 9, prosecutors in Manhattan have been making the case for internal control over the review of the...

This year, it was estimated that roughly 125,000 people would show up to the Coachella Valley Music and Arts Festival during the weekends of April 13-15 and April 20-22...

As 2017 earnings reports trickle in from various public real estate companies, the industry is fighting off some serious salary envy. After all, when Blackstone CEO Stephen Schwarzman takes...

Forever 21 is relocating its Herald Square-area store to a space nearby that was once home to rival retailer H&M. The fast-fashion powerhouse inked a five-year deal with Vornado...

Stonebridge Companies has landed a $92 million loan for a pair of Midtown properties. The loan from Aareal Capital Corporation will go toward 223 West 34th Street, a four-story...

He dreams of rain. The forecast is $50 million in cash. Pop singer Sting officially sold his 10-room condominium at 15 Central Park West, documents filed with the city Friday show. The buyer is 15 CPW PH LLC. The news was first reported by...

Within hours of the demise of Town Residential‘s sales and leasing divisions on Thursday, the text messages and emails started flying. With several hundred brokers suddenly free agents, Town’s rivals were quick to lay claim on the carcass. One senior brokerage executive compared the...