What NYC can learn from other cities with pied-a-terre taxes
International markets offer cautionary tales for Hochul’s proposal & more in notes from a resi reporter
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Chicago
“The walls are caving in:” Participant of EquityBuild scheme facing distress on the South Side of Chicago
Since 2024, Tyler DeRoo and partners Andy Oshay, Stephen Lee have been involved in slew of lawsuits totaling $38M in disputed funds
Commercial
New York
DA expects Nir Meir’s fraud case to go to trial
Meir appeared at court on Wednesday, told TRD to "write objectively" about him
Commercial
Los Angeles
EY Plaza loses another buyer
Second deal for distressed downtown LA office tower collapses after Carolwood’s prior $130M pact
Residential
Tri-State
“Worst I’ve seen it”: Tight inventory is rankling the Hamptons’ resi market
South Fork’s listing dive pushes deals down and prices up
Commercial
New York
Manhattan office landlords finally catch a break on pricing
Median trade discount so far this year just over 16%
Commercial
New York
Former Vornado employee’s embezzlement trial picks up
Glen Weiss testimony reveals how Times Square billboard allegedly functioned in broker’s scheme
Commercial
New York
Mamdani announces city-backed insurance option as rent freeze looms
In olive branch to landlords, program will offer 20-30% percent lower premiums, city officials estimate
Brand Studio
In a turbulent market, RLTY Blue is throwing agents a lifeline
Closing the 1099 gap
Residential
New York
“Death by a thousand cuts”: real estate reacts to governor’s pied-à-terre tax proposal
REBNY, industry observers balk at 11th-hour stab at resurrecting policy
HPD floats fix for distressed landlords, but not the one they want
Officials say 11 percent of older, fully rent-stabilized buildings are distressed
Ex-Barclays CEO lists penthouse at Zeckendorf’s 520 Park for $40M
Robert Diamond paid $30M for 59th-floor condo in 2019
Former Vornado employee’s embezzlement trial picks up
Glen Weiss testimony reveals how Times Square billboard allegedly functioned in broker’s scheme
The Daily Dirt: Too poor for affordable housing
Dad supporting wife and daughter on $25K a year doesn’t qualify
ICYMI: Diving into NY’s top 100 real estate players
City-shaping developers, politicians and more grace list of influential figures
Pied-à-terre tax proposal rankles real estate
Plus, updates in the Omnibuild case and more in NYC real estate news
Brian Tuttle loses Main Street dev site in $60M bankruptcy sale
Buyer Concord Wilshire claimed debtor was trying block court-approved deal, but that allegation was quickly settled, court records show
At Surfside collapse site, big-name planned project hasn’t sold a single condo
Dubai developer Damac launched sales in early 2025 with prices starting at $15M
Investor Aaron Butler scoops up Miami Beach site where Noble 33 plans restaurant
Buyer says hospitality group will lease space at the Lincoln Road property for Mēdüzā Mediterranïa
Reuben Brothers’ W South Beach reno moves ahead – minus VIP lounge, valet
Historic preservation committee tabled two proposed items as neighboring condo owners raised worries over traffic hazards, noise
Blue Jays’ Mad Max sells under-construction Admirals Cove estate for $23M
Pitcher Max Scherzer listed unfinished manse for $36M in February
Butters targets tech, pharma with plans for low-rise light-industrial in Boca Raton
Two-story flex buildings will rise next to Ram Realty’s planned 287-unit apartment complex
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This high rise brings luxury and accessibility to Hawaii | Brand Studio
Church and state join in push for new wave of resi development #shorts
Trump admin boots MTA, takes over Penn Station overhaul #shorts
How rising oil prices could affect Houston’s luxury housing market #shorts
After a $10 million fraud, Josh Schuster's victims struggle to claw back their cash | Deconstruct
Trump presidential library to soar above Miami skyline #shorts
Dentist to the stars sues Central Park South co-op, board #shorts
Former Vornado exec to face embezzlement trial in April #shorts
Who controls what homes you see? The listing wars explained | Deconstruct
Rent Guidelines Board says buildings’ net income climbed by 6% #shorts
Mall titan David Simon dies at 64 #shorts
Breaking down the battle between brokerages and tech platforms | Deconstruct
5 WTC plans on “pause” due to rising costs #shorts
Zillow launches pre-market option #shorts
Miami Beach is in revolt over waterslides #shorts
BlueSquare X is launching a new era of luxury sales galleries using immersive tech l | Brand Studio
Malibu property burned by Palisades fire sells for $6.5M
Yolanda Hadid and David Foster once owned the site on Carbon Canyon Road
EY Plaza loses another buyer
Second deal for distressed downtown LA office tower collapses after Carolwood’s prior $130M pact
Douglas Emmett pays $260M for Beverly Hills medical complex
Landlord now controls one-third of the city’s healthcare office inventory
Orange County commercial brokers had $40B in deals for 2025
In an up-and-down market, CBRE leads the pack with $7.3B in transactions FOCUS
Caruso blows past 7-figure mark in gubernatorial race
Jamie Lee out as CEO of Jamison, Gensler’s Cohen aboard at Douglas Emmett and more Los Angeles commercial real estate news this week
Landlords win “partial victory” in challenging LA rental rules
Court rules against relocation assistance but supports rent threshold for evictions
“The walls are caving in:” Participant of EquityBuild scheme facing distress on the South Side of Chicago
Since 2024, Tyler DeRoo and partners Andy Oshay, Stephen Lee have been involved in slew of lawsuits totaling $38M in disputed funds
Chicago North Shore builder asks $17M for yet-to-be-built off-lakefront spec mansion
The Michael Bennett Homes estate would be the priciest non-lakefront home to sell in Winnetka
Churchwick eyes Chicago hotel for apartment conversion
Plan would reposition Sonesta Extended Stay Suites property amid city’s construction slowdown
Shannon Abloh sells luxury Chicago home for $6M
Executive and widow of late designer Virgil Abloh traded her Burling Street estate off-market after completing a $15M custom mansion nearby
Greystar eyes $100M-plus exit from Fulton Market apartments
One Six Six listing tests demand in supply starved Chicago submarket
Marquette snaps up suburban Chicago apartments for $44M
Northbrook-based seller A&R Katz nets solid gain on Lake Bluff’s Forest Pointe apartments after 10-year hold
Palo Alto City Council votes down ban on “megacompounds”
Proposed ban sought to limit assemblages like Mark Zuckerberg’s 11-home estate
Bay Area city Oakley hits pause on data center development
Electricity and water requirements prompt council vote for a “deliberate” policy
Paceline pays discounted $12M for North San Jose building
Price represents 62% less than the office property’s value in 2018
Hoteliers look to convert Oakland Marriott into apartments
In a declining market, Gaw Capital and Core Capital submit proposal to city planners
Housing is fault line in SF’S most consequential congressional race in decades
Plus, the robots are coming for Bay Area real estate
Tesla signs two Bay Area industrial leases for 375K sf
EV maker’s deals in Fremont, San Jose will support manufacturing and logistics
360 plans 800-plus homes in Bastrop growth corridor east of Austin
Stonebrush project moves forward as developers bet on demand rebound
Journeyman makes Dallas-Fort Worth debut with planned Princeton apartments
Austin developer targets workforce rents, as population rises north of Dallas
Southern Land angling for record rents at Houston mixed-use tower
Developer priced office leases at city’s upper limits as construction slows
Brookfield’s Houston office towers’ $470M CMBS loan flagged for special servicing
Owner reportedly spent $150M on renovations at the property in the last decade
‘Vegas clout, tribal ties: Inside the race to build Dallas’ first casino
Plus, Houston office distress heats up, Texas takes business-friendly pitch to London and more Texas real estate news this week
Elon Musk’s xAI quietly takes over Seaholm office space in Downtown Austin
Sublease at the landmark building hints at early business moves for $20B Terafab initiative
7-Eleven set to shutter hundreds of stores this year
North America the lone region where the convenience store is retreating
Dan Loeb, Third Point drop CoStar stake after activist campaign
Hedge fund liquidates position in data giant
How Compass’ market share exploded post-merger
Brokerage and acquired brands stack up to triple next competitor in some markets: study
Washington D.C.
Downtown DC loan sale latest sign of market’s struggles
$140M debt backing 300K office building up for grabs ahead of maturity
Boston weighs eliminating parking minimums
Real estate group supports effort to free housing growth opportunity
Nashville
Sphere Entertainment in talks to build venue at Nashville East Bank scrapyard
Potential arena would be a smaller version of the high-tech concert experience in Las Vegas
Edinburgh abandons 300% second-home tax hike after a week
Scottish leaders plan to revisit the policy
Evergrande founder Hui Ka Yan pleads guilty to fraud
Judgment against former Chinese property giant exec still to come
Vancouver condo developer floats test-drive units amid sales slump
Wesgroup targeting hesitant buyers with free weekends
Asia Pacific real estate investment soars to three-year high: Savills
Australia, South Korea lead way in transaction volume across sectors
Invesco picks up more than a dozen Tokyo multifamily properties
Japanese market drawing more foreign investors with rising apartment demand
British developer appears to shatter global home sale record
Nick Candy selling London property for $350M
National
A turning tide: National banks, private debt funds seize more CRE debt as lending interest rebounds
Investor-driven lenders originated more than a third of construction financing in 2025
National
Fewer deals, firmer prices: CRE’s mixed February
Portfolio-level transactions dropped year over year by 21%
National
Proptech investment rises, powered by a few big bets
Funding surged to $3B in Q1
National
Property tax burden climbs nationwide, led by major metros
National effective property tax rate hit 0.9% in 2025
New York
These were the top NYC neighborhoods for home sales last year
In Brooklyn, Cobble Hill ranked first
New York
Here’s how NYC’s top residential agents, teams fared in 2025
Economic uncertainty did little to harm deals in the Big Apple
San Francisco
Housing is fault line in SF’S most consequential congressional race in decades
Plus, the robots are coming for Bay Area real estate
South Florida
Blue Jays’ Mad Max sells under-construction Admirals Cove estate for $23M
Pitcher Max Scherzer listed unfinished manse for $36M in February
New York
LISTEN: Has spring sprung in New York’s housing market? An expert weighs in
“Deconstruct” podcast is live on Apple Podcasts, Spotify and more
Chicago
Chicago North Shore builder asks $17M for yet-to-be-built off-lakefront spec mansion
The Michael Bennett Homes estate would be the priciest non-lakefront home to sell in Winnetka
Los Angeles
Malibu property burned by Palisades fire sells for $6.5M
Yolanda Hadid and David Foster once owned the site on Carbon Canyon Road
South Florida
Inventory drops for first time since 2023 as sales rebound across coastal Miami, beaches
Single-family, condo sales rose in the first quarter
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New York
ICYMI: Diving into NY’s top 100 real estate players
City-shaping developers, politicians and more grace list of influential figures
Los Angeles
Caruso blows past 7-figure mark in gubernatorial race
Jamie Lee out as CEO of Jamison, Gensler’s Cohen aboard at Douglas Emmett and more Los Angeles commercial real estate news this week
San Francisco
Housing is fault line in SF’S most consequential congressional race in decades
Plus, the robots are coming for Bay Area real estate
Texas
‘Vegas clout, tribal ties: Inside the race to build Dallas’ first casino
Plus, Houston office distress heats up, Texas takes business-friendly pitch to London and more Texas real estate news this week
San Francisco
Tesla signs two Bay Area industrial leases for 375K sf
EV maker’s deals in Fremont, San Jose will support manufacturing and logistics
Chicago
Greystar eyes $100M-plus exit from Fulton Market apartments
One Six Six listing tests demand in supply starved Chicago submarket
South Florida
Butters targets tech, pharma with plans for low-rise light-industrial in Boca Raton
Two-story flex buildings will rise next to Ram Realty’s planned 287-unit apartment complex
Texas
360 plans 800-plus homes in Bastrop growth corridor east of Austin
Stonebrush project moves forward as developers bet on demand rebound
Texas
Journeyman makes Dallas-Fort Worth debut with planned Princeton apartments
Austin developer targets workforce rents, as population rises north of Dallas
South Florida
Opterra’s Holiday Inn hotel-to-resi conversion moves ahead in Boca Raton
Local developer won initial approval for 125 apartments, plus a restaurant and retail
Texas
Southern Land angling for record rents at Houston mixed-use tower
Developer priced office leases at city’s upper limits as construction slows
South Florida
Brian Tuttle loses Main Street dev site in $60M bankruptcy sale
Buyer Concord Wilshire claimed debtor was trying block court-approved deal, but that allegation was quickly settled, court records show