The Real Deal’s May issue is live!

Inside: The death of brokerages, three rankings & more

TRD NEW YORK /
May.May 01, 2018 12:50 PM

When Town Residential announced last month that it was shuttering its core resale and leasing businesses, the company’s head Andrew Heiberger pointed to high commission costs and a fiercely competitive recruiting climate. Town isn’t alone in battling these forces: Traditional residential brokerages are facing an onslaught of threats in the form of open data, tech startups and the cult of the star broker.

In this month’s cover storyThe Real Deal dove into the challenges these firms are facing and how brokers are arming themselves in what some described as a  “multi-front war.”

Elsewhere, the issue explores how and why litigation around condominium defects is rampant in the city and why the real estate industry regards Cynthia Nixon as a “nightmare”  candidate. (Hint: She’s anti-421a and wants to strengthen rent regulation.)

A profile of Oxford Properties Group shows how the company — best known as Related Companies’ quiet partner on Hudson Yards — is stepping into the limelight by leading its first development project in Manhattan. Another story takes a look at Cornell Realty Management’s Isaac Hager and how he’s recovered since the recession to become one of the most active developers in Brooklyn. 

Be sure to also check out three rankings this month, which include the top general contractors, debt brokers and colleges and universities with the most real estate holdings.

To read the May issue of TRD, click here or on the “Magazine” tab on the top left of the homepage. Enjoy! — Kathryn Brenzel 


Related Articles

arrow_forward_ios
The Real Deal’s Winter 2020 Tri-state issue is live!

The Real Deal’s Winter 2020 Tri-state issue is live!

March Cover

The Real Deal‘s March issue is live for subscribers!

The Real Deal’s February issue is live for subscribers!

The Real Deal’s February issue is live for subscribers!

January Issue is Live 2020

The Real Deal’s January 2020 issue is now available to all subscribers!

Issue Is Live December 2019

The Real Deal’s December issue is now available to all subscribers!

Editor’s note: Summer heat

Editor’s note: Summer heat

The Real Deal’s April issue is now available to all subscribers

The Real Deal’s April issue is now available to all subscribers

The Real Deal’s March issue is now available to all subscribers

The Real Deal’s March issue is now available to all subscribers

arrow_forward_ios
Loading...