“It’s going to hurt”: NYC resi players push back on proposed cash sales tax
Tax on $1M+ homes sparks criticism from industry & more in notes from a resi reporter
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New York
It’s a townhouse facade: Bubbles vs. cinder blocks
Not all architectural oddities get the same love from consumers
Commercial
Los Angeles
Developer-turned-gubernatorial candidate Stephen Cloobeck arrested, charged with witness tampering
Diamond Resorts founder accused of interfering in model fiancée’s burglary case
Commercial
New York
EB-5 investor accuses Gary Barnett of $100M bait-and-switch
Extell took money from Hell’s Kitchen tower to prop up distressed projects, lawsuit claims
Commercial
National
“Everyone says it’s my company”: Will Blodgett wins summary judgement in Fairstead case
Fairstead shouldn’t have canceled equity of founder-turned-competitor, court says
Politics
Los Angeles
Tracy Tutor latest in real estate to offer boost to Spencer Pratt’s mayoral campaign
Compass agent made donation this week
Commercial
New York
Sam Sprei, former Brooklyn judge arrested
Sprei and former Kings County Justice Harold King charged with wire fraud conspiracy
Politics
New York
Get Steve Roth some media training
Vornado chief’s tone-deaf remarks drowned out better message
Brand Studio
How Lemonade is making renters insurance work for property managers
Debunking renters insurance myths
Residential
Chicago
How a Chicago listing fight became a federal antitrust case
Zillow's lawsuit against Compass and MRED traces a year of behind-the-scenes pressure
NYC says affordable housing lease-up period to be cut in half
Report lists 52 changes to affordable housing development timeline
New York eyes tax on $1M+ all-cash home purchases
Proposal would tax buyers of NYC properties at 1% of deal price
PBC inks 120K SF lease at 10 Bryant with Baker McKenzie
White-shoe law firm will pay at least $150 psf
The Daily Dirt: Fear of retribution silences owner
Landlord retreats after hearing property manager’s Tenant Protection Unit tale
No profit, no project: Reynoso tries to demystify development
Pro-housing borough president says lenders need initial 6.5% return
NY Dirt: Latest pied-à-terre update like “a night at improv”
The state’s proposed two-step implementation comes with more questions than answers
Rishi Kapoor: “I will make it my life’s work to pay back” investors
Disgraced Miami developer admits to misappropriating $85M meant for his real estate projects
Miami Beach board greenlights plans for Terra, partners’ bayfront condo tower
Commission approved a controversial overlay zoning district last summer that will allow for 330-foot tower on the site
Canero Group flips Coconut Grove condo building to El-Ad for a big profit
El-Ad paid $45.5M for Chateau Grove, 2.5 times previous sale
Kimco hit with damages suit for allegedly “destroying” Fort Lauderdale café business
After 27-year-old Taylor Schear opened her first coffee shop, the landlord started massive construction and demolition work at the retail plaza, the complaint says
Miamians sue to stop Trump presidential library in downtown Miami, again
This time, they allege the land transfer is unconstitutional
South Florida golf courses targeted in lawmakers’ latest land-use power grab
Measure awaiting governor’s signature to allow developers to bypass local approval and build on closed recreational facilities
Videos
The Times Square scam that fooled a real estate giant
California accuses State Farm of cheating fire victims
Is NYC anti-real estate? Mamdani's housing chief weighs in
NYC has gambling all wrong, says Bally's chairman
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Richard LeFrak on Zohran Mamdani, NYC housing & why developers are “villains” | Coffee Talk
Pam Liebman BETS $1M Corcoran won’t become Compass in brokerage showdown
Corcoran's Pam Liebman and Brown Harris Stevens' Bess Freedman feud on transparency | NYC Forum 2026
Leila Bozorg and Kirk Goodrich on the RGB's blunt tool and YIMBY opportunities | NYC Forum 2026
Related's Jeff Blau talks Hudson Yards Phase II, 485x, and more | The Real Deal's NYC Forum 2026
Protesters interrupt Related CEO Jeff Blau over $2B Hudson Yards subsidy
Why NYC real estate is suddenly all about politics | Deconstruct Season 5 Episode 12
Why Frank Lloyd Wright houses are becoming money pits
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What people get wrong about real estate, according to these pros
Analysis of Raman’s Measure ULA carveouts estimates $177M revenue hit
Sparring erupted among local leaders tasked with reviewing proposed mansion tax changes
Rexford’s Laura Clark talks activist investor Elliott
New CEO on industrial REIT’s 180 and being one of the only women to claim corner office
Newsom floats $100M fund to help Palisades, Eaton fire victims pay for rebuilding
Proposal aims to close insurance payout gap, assuage lender risk fears
Hollywood apartments fetch highest per-unit price in neighborhood in years
$16M trade comes as multifamily investors dip toes back into market
A peek into Steve Hilton’s California real estate backers
Dave Dollinger joins Geoff Palmer, Redcar hands back keys, Rexford on Elliott and more LA commercial real estate news this week
LA, OC lead nation in lowest number of young homebuyers: ApartmentList
Bay Area, San Diego aren’t far behind with similar abysmal stats for 25-to-34-year-olds
Succession: Lucy Baird named chief stewardship officer at Chicago firm Baird & Warner
Daughter of CEO Steve Baird is sixth generation of family to hold a major position
Amazon’s massive suburban Chicago retail store development passes first test
Company’s latest attempt at brick-and-mortar locations chugs forward in suburban Oak Brook
Tishman Speyer lists 357-unit Union West apartments in Fulton Market
The office space juggernaut is looking to offload its first foray into Chicago’s multifamily market
Chicago North Shore mansion sells for $6M, below 2017 sale
Home more than a mile from Lake Michigan shoreline cut asking price by $1M over two years on the market
Reschke, Primo seeking $50 million loan to make old Chicago Loop bank building into hotel
Loan comes on top of a previous $40M city grant to convert the downtown building's upper floors into apartments
“Development in a box”: Time Equities lists historic Chicago office-to-resi play
South Loop site that paved the way for adjacent 1000M skyscraper is fully entitled for 49 apartments
Cow Hollow home sells for biggest gap between asking and closing price in decades
SF sets new records as supply dries up and demand drives prices skyward
Brookfield snaps up South Bay data center for $90M, adding to growing South Bay collection
AI boom fueling demand for computing power in Silicon Valley and beyond
JLL seeks buyer for debt tied to Walnut Creek offices, opening door for possible deed-in-lieu sale
105K sf property emptier than citywide vacancy rate
Entitled SF high-rise resi sites fall into default before shovels hit dirt
$15M in distress threatens future of already-approved projects
More Oakland offices seized by lender as East Bay distress grows
Foreclosures mounting as post-pandemic reality hits once-enthusiastic investors
Union Square comeback continues with 14K sf Market Street museum lease
Foot traffic rebounding as tenants flock back to downtown after pandemic exodus
Houston mansion asking $22M is city’s priciest sale in over a year
Energy exec initially asked nearly $30M for the River Oaks home in 2024
The numbers are in: population growth across the Texas Triangle
Of the five metros in the Texas Triangle, only Dallas lost population
NRP Group adds $44M multifamily project to stacked San Antonio pipeline
Ohio firm began work on two mixed-income complexes elsewhere in the city this year
“Equity investors should expect a full loss of capital,” warns feeder fund for S2 Capital’s REIT
By the end of 2025, common equity saw 90% value drop per share
Can JLL smooth out Sundance Square leasing as Sasha and Ed Bass’ step back?
Plus, looming housing legislation spooks BTR developers, Jeff Bezos’ Blue Origin eyes Hutto for $650M project and more Texas real estate news this week
Gresham James Hotels purchases Home2 Suites location on the River Walk
Activity across San Antonio has lagged recently, but the River Walk still remains a strong attraction
Blackstone launching lending platform for homebuilders
Venture plans to help construction of 50K homes annually
Fortress co-founder allegedly targeted in $1B extortion plot
Wesley Edens ensnared after brief romantic relationship
Douglas Elliman quietly posts $16M loss after last year’s rebound
Firm’s revenue, deal volume declined in the first quarter
“Icing on the cake”: Trump’s “big, beautiful” tax law sweetens deals amid surge in owner-user offices
How 100% bonus depreciation juices the math in purchases
Boston
Roller Rabbit skates past Nantucket chain store ban
Retailer made tweaks after running afoul of local ordinance
House knocks build-to-rent provision from amended Senate bill
Floor vote scheduled for next week, but would need approval from other body
Housing Notes: Chinese consumers prefer existing housing over new development
Households now favor certainty over buying off-plan
Australian Trump Tower project scrapped by developer shortly after grand reveal
Trump Org developments advancing in Middle East as name becomes “toxic” Down Under
Lionel Messi makes return to Barcelona … real estate
Inter Miami star purchases shuttered shopping center for $14M
Brookfield doubles down on Dubai with 480K sf mixed-use venture
Canadian investment giant teams with Alshaya Group despite regional instability
Workspace Group considering sale of most valuable London office
Flexible co-working landlord facing activist investor pressure
More eight-figure sales fuel Hong Kong’s luxury condo surge
Deals for $13M+ surged 157% in first quarter from 2025
National
Residential foreclosures soar in Sun Belt metros
FHA loans, affordability concerns add to pressures on borrowers
National
Commercial originations surge 52% amid lender "feeding frenzy"
Commercial real estate debt originations climb at highest rate in five years
New York
Tax abatement 485x, tariffs slam NYC construction pipeline
Staten Island, Queens report biggest fall-offs in new building activity
New York
TRD’s top brokers: Independent firms thrive in Manhattan luxury
Manhattan’s indie brokers embrace “pain in the ass” status
National
South leads U.S. in existing home sales growth
Deals plunge the most in the Northeast in April, according to the National Association of Realtors
National
Texas leads nation for housing inventory growth
Lone Star State suburbs rank high for population, housing increases over past decade
New York
NYC’s top deals: Brooklyn Heights townhouse sells for $13M
TRD reports top transactions for Friday, May 15, 2026
Los Angeles
LA, OC lead nation in lowest number of young homebuyers: ApartmentList
Bay Area, San Diego aren’t far behind with similar abysmal stats for 25-to-34-year-olds
Chicago
Succession: Lucy Baird named chief stewardship officer at Chicago firm Baird & Warner
Daughter of CEO Steve Baird is sixth generation of family to hold a major position
Los Angeles
Developer lands $170M construction loan for Santa Monica apartments
Cypress Equity among several doubling down in coastal city despite dropoff in rents
Los Angeles
Newsom floats $100M fund to help Palisades, Eaton fire victims pay for rebuilding
Proposal aims to close insurance payout gap, assuage lender risk fears
Chicago
Tishman Speyer lists 357-unit Union West apartments in Fulton Market
The office space juggernaut is looking to offload its first foray into Chicago’s multifamily market
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Los Angeles
A peek into Steve Hilton’s California real estate backers
Dave Dollinger joins Geoff Palmer, Redcar hands back keys, Rexford on Elliott and more LA commercial real estate news this week
Texas
Can JLL smooth out Sundance Square leasing as Sasha and Ed Bass’ step back?
Plus, looming housing legislation spooks BTR developers, Jeff Bezos’ Blue Origin eyes Hutto for $650M project and more Texas real estate news this week
New York
NYC’s top deals: Brooklyn Heights townhouse sells for $13M
TRD reports top transactions for Friday, May 15, 2026
Texas
Gresham James Hotels purchases Home2 Suites location on the River Walk
Activity across San Antonio has lagged recently, but the River Walk still remains a strong attraction
San Francisco
More Oakland offices seized by lender as East Bay distress grows
Foreclosures mounting as post-pandemic reality hits once-enthusiastic investors
San Francisco
Union Square comeback continues with 14K sf Market Street museum lease
Foot traffic rebounding as tenants flock back to downtown after pandemic exodus
Texas
Gresham James Hotels purchases Home2 Suites location on the River Walk
Activity across San Antonio has lagged recently, but the River Walk still remains a strong attraction
South Florida
Miamians sue to stop Trump presidential library in downtown Miami, again
This time, they allege the land transfer is unconstitutional
International
Housing Notes: Chinese consumers prefer existing housing over new development
Households now favor certainty over buying off-plan
Houston
Houston’s upcoming Ritz-Carlton Residences selling condos at record pace
Before the first shovel hits the dirt, the Uptown tower topped $203M in presales
Texas
As Texas data center gold rush reaches fever pitch, so does local resentment
Opponents of data center development are preparing for a scrap in next year’s state legislative session
South Florida
Canero Group flips Coconut Grove condo building to El-Ad for a big profit
El-Ad paid $45.5M for Chateau Grove, 2.5 times previous sale