The Real Deal New York

A rendering of the New York Wheel with a skull (Credit: Perkins Eastman)
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  • Carpenters finalize controversial deal with Related for 50 Hudson Yards

    By Kathryn Brenzel | October 23, 2018 01:35PM
    A highly contentious construction agreement between Related Companies and the New York City District Council of Carpenters was approved on Friday — following some speculation that the contract even...
  • It’s official: the New York Wheel is dead

    By Eddie Small | October 23, 2018 01:02PM
    The New York Wheel is officially dead. Project spokesperson Cristyne Nicholas announced the decision on Tuesday. The news was first reported by the Staten Island Advance. “After years of planning, the developers of The New York Wheel announce, with great disappointment, that the dream...
  • AG Underwood sues Queens landlords for manipulating 421a program

    By Eddie Small | October 23, 2018 01:00PM
    A pair of Queens landlords spent years cheating the state out of almost $500,000 in property taxes by manipulating the 421a program, according to a lawsuit from the New...
  • Follow The Real Deal’s Deal Sheet
    on Instagram!

    October 23, 2018 12:30PM
    Shaya Sonnenschein and Shaya Ackerman of Meridian Capital Group represented the owner, Marx Development Group. The loan was issued by Mack Real Estate Credit Strategies. #commercialrealestate #nycrealestate #trdny #trddealsheet...
  • Opendoor is testing co-listing agreements with agent teams

    October 23, 2018 12:00PM
    Home-flipping startup Opendoor is testing co-listing properties with agents outside the company. The company has selected about a dozen...
  • Amazon to open cashier-free store in NYC

    October 23, 2018 11:30AM
    The retail robots are here. Amazon will open its first New York City cashier-less store at Brookfield Place. The e-tailer’s Amazon Go will open in the Winter Garden atrium at the Lower Manhattan complex next to the Oliver Peoples eyewear store at and the...
  • WeWork gobbles up another office building

    By Rich Bockmann | October 23, 2018 11:01AM
    WeWork signed a lease for the full 115,000 square feet of office space at Columbia Property Trust’s 149 Madison Avenue in Midtown South, the companies announced. Sitting at the corner of Madison Avenue and East 32nd Street, the building stands 12 stories tall and...
  • Jumaane Williams eyes public advocate office after primary defeat

    October 23, 2018 10:30AM
    After coming close to becoming the state’s lieutenant governor, City Council member Jumaane Williams is now eying the role of city public advocate. Williams lost the nomination for lieutenant...
  • Hamptons Cheat Sheet: Golf club and business park score Southampton approvals … & more

    By Aidan Gardiner | October 23, 2018 10:00AM
    Golf club expansion and business park development advance after Southampton OK The Southampton Town Planning board will allow two proposed projects on the border between Bridgehampton and Water Mill to move forward without more...