Solil sues to end RFR’s Gramercy Park Hotel ground lease

Aby Rosen and the Gramercy Hotel (Getty, Google Maps)
Aby Rosen and the Gramercy Hotel (Getty, Google Maps)
Solil sues to end RFR’s Gramercy Park Hotel ground lease

Amol Sarva regrets getting into bed with “consummate Wall Street type” Howard Lutnick

Amol Sarva and Cantor Fitzgerald CEO Howard Lutnick (Sarva via Sasha Maslov, Lutnick via Getty)
Amol Sarva regrets getting into bed with “consummate Wall Street type” Howard Lutnick

Fifth Avenue’s Childs Building sells for $45M

604 Fifth Avenue and Minamoto Kitchoan president Kemmei Okada (Photos via Google Maps, Minamoto Kitchoan)
Fifth Avenue’s Childs Building sells for $45M

Gowanus rezoning may move forward as soon as Monday

Judge Katherine Levine (Getty)
Gowanus rezoning may move forward as soon as Monday

15 Central Park West penthouse sells for $46.7M

15 Central Park West penthouse and Lindsay Rosenwald (Google Maps, BHS, Fortress)
15 Central Park West penthouse sells for $46.7M

Latest News

From left: Howard Lorber, Spencer Rascoff, Rob Speyer, and Steve Witkoff (Getty, Twitter)
National

The definitive real estate SPAC tracker

Blink and you’ll miss a new SPAC. With billions of dollars flowing into blank-check firms, a growing number of real estate players are targeting proptech. As an alternative to the traditional IPO, special-purpose acquisition...

The definitive real estate SPAC tracker
Aby Rosen and the Gramercy Hotel (Getty, Google Maps)

Solil Management sues to end RFR’s Gramercy Park Hotel lease

In December, Aby Rosen’s RFR Realty faced eviction from the Gramercy Park Hotel when it fell nearly $1 million...

Solil Management sues to end RFR’s Gramercy Park Hotel lease
Judge Katherine Levine (Getty)

Gowanus rezoning may move forward as soon as Monday

The Gowanus rezoning, after months of delay, may be able to move forward within days. Judge Katherine Levine “indicated...

Gowanus rezoning may move forward as soon as Monday
Jake’s 58 (Google Maps, iStock)
Tri-State

Suffolk OTB to acquire Jake’s 58 in $120M deal

When Rudy Giuliani was mayor, he liked to call the city’s Off-Track Betting the only bookie in the world...

Suffolk OTB to acquire Jake’s 58 in $120M deal
Photo illustration of Fredrik Eklund and Dottie Herman (iStock, Getty)
National

Douglas Elliman expands into tight Texas housing market

Residential brokerage Douglas Elliman is gone to Texas. The firm announced Thursday it will expand its presence in the...

Douglas Elliman expands into tight Texas housing market
15 Central Park West penthouse and Lindsay Rosenwald (Google Maps, BHS, Fortress)

15 Central Park West penthouse sells for $46.7M

A sprawling penthouse at 15 Central Park West sold on Tuesday for $46.67 million, 28 percent less than its...

15 Central Park West penthouse sells for $46.7M

Inside The National issue

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Newmark’s Barry Gosin (left) and CBRE’s Bob Sulentic are betting on the flex space sector
Weird flex but OK: How CRE giants hope to cash in on the future of the office
Weird flex but OK: How CRE giants hope to cash in on the future of the office
Ranking New York’s top residential brokerages of 2020
Ranking New York’s top residential brokerages of 2020
Ranking New York’s top residential brokerages of 2020
The Closing: Gil Dezer
The Closing: Gil Dezer
The Closing: Gil Dezer
A housing “cattle call” as sleepy markets spring to life
A housing “cattle call” as sleepy markets spring to life
A housing “cattle call” as sleepy markets spring to life
For New York landlords, PACE just isn’t moving fast enough
For New York landlords, PACE just isn’t moving fast enough
For New York landlords, PACE just isn’t moving fast enough
(Getty, iStock/Illustration by Alexis Manrodt for The Real Deal)
Malibu 92065: Pandemic propels LA’s hottest housing market
Malibu 92065: Pandemic propels LA’s hottest housing market
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604 Fifth Avenue and Minamoto Kitchoan president Kemmei Okada (Photos via Google Maps, Minamoto Kitchoan)

Fifth Avenue’s Childs Building sells for $45M

UPDATED, April 16, 2021, 2:55 p.m.: An iconic — if not well-loved — Fifth Avenue building has changed hands....

Fifth Avenue’s Childs Building sells for $45M
Housing starts soared in March, which is good news for a residential market hampered by low inventory and high demand. (iStock)
National

Good news: March housing starts soar 19%

Spring homebuilding season is here — and not a moment too soon. Privately owned housing starts surged to a seasonally adjusted rate of 1.739 million, up 19.4 percent from February’s revised rate of 1.457...

Good news: March housing starts soar 19%
The mirage of low interest rates
National Archive Issue

The mirage of low interest rates

Record-low interest rates have created an unprecedented opportunity for homebuyers. That’s the party line in the residential industry. But that’s not how things are playing out on the ground. Many buyers have little chance...

The mirage of low interest rates
The Watson Hotel at 440 West 57th Street (Google Maps)

Developers already eyeing commercial-to-resi conversions

New York legislators are still figuring out what a comprehensive commercial-to-residential program could look like in the city, but...

Developers already eyeing commercial-to-resi conversions
Ilan Bracha (Getty)

From boss to broker: Ilan Bracha joins Corcoran

Ilan Bracha is headed back to agent life. The mega broker-turned-businessman and five members of his real estate group,...

From boss to broker: Ilan Bracha joins Corcoran
Vornado’s Steven Roth and One Park Avenue (Getty, Vornado)
Insights

Here’s what tenants are paying at One Park Ave

Since first taking up 83,000 square feet at One Park Avenue in 1999, NYU Langone Medical Center has expanded...

Here’s what tenants are paying at One Park Ave

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