The Real Deal‘s December 2022 issue is live for subscribers, and it’s a doozy.
This month, we dive into Builder’s Remedy , a formerly obscure provision that California developers have now invoked to unleash a building bonanza. We also go deep on the office market in New York City, looking at the developers audacious enough to kick off new towers, even as existential questions are asked about the asset class, and examine the viability of the much-ballyhooed office-to-residential conversions.
We analyze how rising interest rates are shaking up the commercial lending market, and how the industry’s biggest players are hedging against them.
And lest you thought it was all business and numbers, there are plenty of big personalities in this issue as well. We have a colorful profile of Teddy Sagi, the Israeli billionaire bankrolling some of South Florida’s marquee projects. We turn to Newport Beach, which L.A.’s marquee brokers are aiming to conquer, promising global reach and big-city buyers. And in The Closing, Shimon Shkury, the founder of Ariel Property Advisors, gets candid about his life, career and how to keep the romance alive.