The Real Deal New York

The priciest condo project in New York history is finalizing a $900M loan

Rendering of Extell's Central Park Tower, JPMorgan's Jamie Dimon and Gary Barnett

At this point NYC is basically SoDoSoPa: VIDEO

16 hours ago

Real estate agents and developers are at the forefront of changing New York City neighborhood names into stupid acronyms. The success of Soho, Tribeca,...

Rivals express "shock" about StreetEasy's Premier Broker deal with 4 major firms

1 day ago

In the fight against StreetEasy’s Premier Agent, four of the city’s most prominent residential firms have taken the “If you can’t beat ’em, join...

WATCH: NYC real estate’s week in numbers

1 day ago

A 975,000-square-foot Amazon distribution center, a 49 percent stake in 1515 Broadway and a $500 million fund-raising target for a hotel-focused investment trust. In real estate, it’s...

The AG approved 123 condo units in Queens this spring. Here's where they are

2 days ago

Developers received approval for 123 new condominium units in Queens during April and May and can begin marketing units for sale, according to data...

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One57 could set NYC foreclosure record

June 24, 2017 05:00PM
TRD WEEKEND EDITION
Yet another sky mansion is scheduled for a foreclosure auction. For the second time in a month, a property seizure is being sought at One57 on Billionaires’ Row. Following a mortgage default, apartment 79, a full-floor...
Record breaking Canadian house comes with Mussolini’s chandelier

June 24, 2017 02:00PM
TRD WEEKEND EDITION
From LLNYC:Across the border in Vancouver, a house has hit the market with an asking price of $63 million Canadian...
From the archives: The king of contrarians

By David Jones | June 24, 2017 01:30PM
TRD WEEKEND EDITION
Peter Duncan, the president of George Comfort & Sons, would probably not be faulted by many in the real estate community for whooping it up with a big “I told you so” to all...
The “House of Cards” house just hit the market

By Elle Decor | June 24, 2017 12:00PM
TRD WEEKEND EDITION
When you weren’t completely entranced by Claire Underwood‘s chill-but-deadly smile or seemingly endless wardrobe of structured dresses, you might...
At this point NYC is basically SoDoSoPa: VIDEO

June 24, 2017 11:15AM
TRD WEEKEND EDITION
Real estate agents and developers are at the forefront of changing New York City neighborhood names into stupid acronyms....
Mila Kunis and Ashton Kutcher just bought this $10M beach house — take a look inside

By Business Insider | June 24, 2017 10:00AM

Celebrities are often moving in and out of lavish, million-dollar homes. Mila Kunis and Ashton Kutcher are the latest to buy some expensive real estate. The couple just purchased a new beach...
Fredrik Eklund just released a pop song

June 24, 2017 09:00AM
TRD WEEKEND EDITION
From LLNYC: Eklund says a quarter of the proceeds from the sale of his anti-bullying song on iTunes and its streaming on Spotify will be donated to charity.
Why isn’t there any Chinese money in SoFla?

By Francisco Alvarado | June 23, 2017 06:00PM

From the South Florida issue: When a Beijing-based partnership scooped up a Brickell Avenue development site for $74.5 million in 2014 and subsequently announced plans for a $1 billion...

Inside The Current Issue

The Closing: Roy March

SHoP’s (expanding) house

Trump hums a different tune on regulating shell companies

75 Kenmare: An elegant outsider

Flushing’s other condo boom

Amid the retail meltdown, bigger isn’t always better

National Cheat Sheet: How Amazon’s Whole Foods deal changes retail, Freddie Mac sells off modified loans … & more

By Jeff Vasishta | June 23, 2017 05:30PM

Examining the impact of Amazon’s Whole Foods acquisition The mother of all buyouts went down, and it makes a ton of sense. Amazon’s success, fueled by a market cap...
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The priciest condo project in New York history is finalizing a $900M loan

By Mark Maurer | June 23, 2017 05:01PM

Gary Barnett’s Extell Development is finalizing a $900 million construction loan for Central Park Tower, The Real Deal has learned. The financing would allow Barnett to proceed with the...
Rose Associates to sell condo/co-op management arm, raise $300M multifamily fund

By Katherine Clarke | June 23, 2017 04:39PM

Rose Associates is selling the condominium and co-op management arm of its business to Terra Holdings, the parent company of brokerages Brown Harris Stevens and Halstead Property, The Real...
Rivals express “shock” about StreetEasy’s Premier Broker deal with 4 major firms

By E.B. Solomont | June 23, 2017 04:00PM

In the fight against StreetEasy’s Premier Agent, four of the city’s most prominent residential firms have taken the “If you can’t beat ’em, join ’em” approach. But a number...
It’s happening: The $140M Getty to launch sales by end of summer

By Katherine Clarke | June 23, 2017 03:30PM

Sales at the Getty, the boutique condominium project designed by leather-loving designer Peter Marino, will officially launch by the end of the summer, according to the brokers marketing the...
WATCH: NYC real estate’s week in numbers

By Alistair Gardiner | June 23, 2017 03:00PM

A 975,000-square-foot Amazon distribution center, a 49 percent stake in 1515 Broadway and a $500 million fund-raising target for a hotel-focused investment trust. In real estate, it’s all about the numbers. This...
The Real Deal is heading to the Hamptons!

June 23, 2017 02:30PM

The Real Deal is shipping out to the East End for the third installment of our Hamptons Market Report! Click here to check out last year’s issue The market report picks up...
“Million Dollar Listing NY”: Biting the hand that sells

By Kerry Barger | June 23, 2017 02:13PM

On this week’s episode of “Million Dollar Listing New York,” Steve mixes friendship and business, while Ryan deals with the downside of viral fame. Fredrik is getting the ball...
The AG approved 123 condo units in Queens this spring. Here’s where they are

By Eddie Small | June 23, 2017 01:23PM

Developers received approval for 123 new condominium units in Queens during April and May and can begin marketing units for sale, according to data from the New York State...
Late Johnson & Johnson heiress’ mansion gets a $10M price chop

June 23, 2017 01:13PM

From LLNYC: Nearly three weeks after Libet Johnson — the socialite and heiress to the Johnson & Johnson fortune — died from complications due to Alzheimer’s, her townhouse at 16 East...
Many “Rent-Stabilized” NYC Apartments Are Not Really Stabilized. See Where They Are.

By Cezary Podkul for ProPublica | June 23, 2017 12:30PM

If you’ve ridden the New York City subway lately, chances are you’ve seen posters promising relief from the city’s soaring housing costs. Featuring smiling tenants with names like Catalina,...
An unknown buyer paid $800K above ask for 56 Leonard’s priciest penthouse

By E.B. Solomont | June 23, 2017 12:05PM

Four years after going into contract, a mystery buyer shelled out nearly $48 million for the priciest penthouse at Alexico Group’s 56 Leonard in Tribeca. The buyer — identified...

The Real Deal New York

The priciest condo project in New York history is finalizing a $900M loan

At this point NYC is basically SoDoSoPa: VIDEO

Rivals express "shock" about StreetEasy's Premier Broker deal with 4 major firms

WATCH: NYC real estate’s week in numbers

The AG approved 123 condo units in Queens this spring. Here's where they are

One57 could set NYC foreclosure record

Record breaking Canadian house comes with Mussolini’s chandelier

From the archives: The king of contrarians

The “House of Cards” house just hit the market

At this point NYC is basically SoDoSoPa: VIDEO

Mila Kunis and Ashton Kutcher just bought this $10M beach house — take a look inside

Fredrik Eklund just released a pop song

Why isn’t there any Chinese money in SoFla?

June 2017 issue

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Inside The Current Issue

National Cheat Sheet: How Amazon’s Whole Foods deal changes retail, Freddie Mac sells off modified loans … & more

SPONSORED More Options to Complete Your Capital Stack

The priciest condo project in New York history is finalizing a $900M loan

Rose Associates to sell condo/co-op management arm, raise $300M multifamily fund

Rivals express “shock” about StreetEasy’s Premier Broker deal with 4 major firms

It’s happening: The $140M Getty to launch sales by end of summer

WATCH: NYC real estate’s week in numbers

The Real Deal is heading to the Hamptons!

“Million Dollar Listing NY”: Biting the hand that sells

The AG approved 123 condo units in Queens this spring. Here’s where they are

Late Johnson & Johnson heiress’ mansion gets a $10M price chop

Many “Rent-Stabilized” NYC Apartments Are Not Really Stabilized. See Where They Are.

An unknown buyer paid $800K above ask for 56 Leonard’s priciest penthouse

LLNYC’S LOOK AT LISTINGS