De Blasio to sign Airbnb, property tax legislation

Mayor Bill de Blasio (Getty)
Mayor Bill de Blasio (Getty)
De Blasio to sign Airbnb, property tax legislation

REBNY’s political contributions plummet

REBNY president James Whelan (Whelan by Anuja Shakya; iStock)
REBNY’s political contributions plummet

Shvo to buy Transamerica Building at 10% discount after Covid delay

The Transamerica Building in San Francisco and Michael Shvo (Rawpixel Ltd via Flickr)
Shvo to buy Transamerica Building at 10% discount after Covid delay

Outer boroughs dominate mid-market deals last week

1107 Dekalb Avenue (Google Maps)
Outer boroughs dominate mid-market deals last week

Judge: Hotel foreclosure sale is off the “Mark”

Ohana Real Estate Investors CEO Christopher Smith (left) and Alexico Group's Izak Senbahar with the Mark Hotel at 25 East 77th Street (Getty, LinkedIn, Google Maps)
Judge: Hotel foreclosure sale is off the “Mark”

Latest News

394 Vanderbilt Avenue (Douglas Elliman)

As weather heats up, Brooklyn luxury market doesn’t

Christmas in July is not a good thing when it comes to home sales. Once again, activity in Brooklyn’s...

As weather heats up, Brooklyn luxury market doesn’t
Council member Eric Ulrich and City Council member Keith Powers

Council members talk broker fee caps and real estate donations

It wasn’t so long ago that broker fees were among the biggest points of contention in city government. Democratic...

Council members talk broker fee caps and real estate donations
Mayor Bill de Blasio (Getty)

De Blasio to sign Airbnb, property tax legislation

Mayor Bill de Blasio will sign three bills today on reporting of short-term rental data and interest rates for...

De Blasio to sign Airbnb, property tax legislation
REBNY president James Whelan (Whelan by Anuja Shakya; iStock)

REBNY’s political contributions plummet

With Democrats in control of the state Senate, and with a growing number of progressive candidates refusing to take cash from real estate, the industry’s main lobbying group in New York has scaled back...

REBNY’s political contributions plummet
Ohana Real Estate Investors CEO Christopher Smith (left) and Alexico Group's Izak Senbahar with the Mark Hotel at 25 East 77th Street (Getty, LinkedIn, Google Maps)

Judge: Hotel foreclosure sale is off the “Mark”

With lenders like this, who needs enemies? That sums up the case brought by the owner of the ritzy...

Judge: Hotel foreclosure sale is off the “Mark”
Illustration by Lexi Pilgrim for The Real Deal

Non-disclosure agreements, disclosed

Last May, the chairman of New York REIT, a company that became notorious for having its dirty laundry aired in public, stressed the clandestine nature of a potential entity-level selloff of its $3 billion...

Non-disclosure agreements, disclosed
The Transamerica Building in San Francisco and Michael Shvo (Rawpixel Ltd via Flickr)

Shvo to buy Transamerica Building at 10% discount after Covid delay

Michael Shvo is getting a 10-percent discount on the $700 million acquisition of San Francisco’s Transamerica Building — thanks...

Shvo to buy Transamerica Building at 10% discount after Covid delay
1107 Dekalb Avenue (Google Maps)

Outer boroughs dominate mid-market deals last week

Mid-market investment sales picked up in the city last week with four transactions, all in the outer boroughs. That...

Outer boroughs dominate mid-market deals last week

Inside The National issue

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Tech giants Facebook, Twitter, Apple, Google and Netflix have inked massive new office leases across the country in recent years. How much could the pandemic change that? (iStock)

Is Covid taking the T out of TAMI?

Is Covid taking the T out of TAMI?
WeWork CEO Sandeep Mathrani (Wikipedia, iStock)

What would a WeWork bankruptcy look like?

What would a WeWork bankruptcy look like?
Black Lives Matter protests

As Black Lives Matter protests rage on, NY real estate bleeds blue

As Black Lives Matter protests rage on, NY real estate bleeds blue
Hotel operators trek into special servicing and it may take years before they get out (iStock)

Submerged in securities: Many CMBS hospitality loans may be underwater soon

Submerged in securities: Many CMBS hospitality loans may be underwater soon
270 Park Avenue (Google Maps; iStock)

City planning through a pandemic

City planning through a pandemic
Kathryn Wylde (Axel Dupeux)

The Closing: Kathryn Wylde

The Closing: Kathryn Wylde
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Senator Zellnor Myrie introduced legislation that would place the most severe restrictions yet on evictions and foreclosures. (Getty)

Bill to nix evictions for a year after Covid-19 ends

A Brooklyn senator introduced legislation that would place the most severe restrictions yet on evictions and foreclosures. New York...

Bill to nix evictions for a year after Covid-19 ends
CIM Group’s Shaul Kuba, Knotel's Amol Sarva, Related Group’s Jorge Pérez and The Agency’s Mauricio Umansky (Getty, Sarva by Sasha Maslov, iStock)

These real estate companies got fat PPP loans

In New York, California, Florida and Illinois a total of more than 1,000 real estate and real estate-related businesses...

These real estate companies got fat PPP loans
Nearly 60% of condo units built in Long Island City, Queens, since 2018 remain unsold. (iStock)

“You’ve either made the wrong shoes, or you’ve made too many”: LIC faces a serious condo glut

Over the past decade, Long Island City became the ultimate testing ground for New York City’s new development market. Its proximity to Manhattan and...

“You’ve either made the wrong shoes, or you’ve made too many”: LIC faces a serious condo glut
Kurt Rappaport and Citi Field, home of the New York Mets (Getty, Wikimedia Commons)

West Coast luxury broker wants to buy New York Mets

West Coast luxury broker and developer Kurt Rappaport is taking a swing at owning an East Coast baseball team....

West Coast luxury broker wants to buy New York Mets
Chief Executive Officer of the GEO Group George Zoley and the Geo Group headquarters

Private prison REIT threatened inmates for reporting Covid-19 concerns: lawsuit

Geo Group, one of the largest private prison operators in the country, is putting inmates at risk of contracting...

Private prison REIT threatened inmates for reporting Covid-19 concerns: lawsuit
Lodging delinquencies among commercial-mortgage-backed-security (CMBS) loans rated by Kroll Bond Ratings Agency reached 21.6 percent last month, up from 13.6 percent in May. (iStock)

TRD Insights: Hotel CMBS delinquencies jumped in June

Hotels’ occupancy rates have been rising, but their loan troubles are through the roof. Hotel delinquencies among commercial mortgage-backed...

TRD Insights: Hotel CMBS delinquencies jumped in June
From left: Empire State Building, One Vanderbilt and 220 Central Park South

REITs: A crystal ball for NYC’s commercial real estate

How quickly will New York City recover from the pandemic’s jiu jitsu move that uses the city’s greatest strengths...

REITs: A crystal ball for NYC’s commercial real estate
Photo illustration of Mayor Carlos Gimenez (Getty, iStock)

Restaurants, gyms to close again in Miami-Dade

Miami-Dade County Mayor Carlos Gimenez is ordering restaurants to close their dining rooms effective Wednesday, marking a major blow...

Restaurants, gyms to close again in Miami-Dade
Jho Low, the Viceroy L’Ermitage

Viceroy L’Ermitage is latest Jho Low property feds look to unload

In March, the federal government sold a 13,000-square-foot mansion in the exclusive Bird Streets neighborhood that once belonged to...

Viceroy L’Ermitage is latest Jho Low property feds look to unload

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