Housing Notes: Removing Florida property taxes will reduce housing affordability
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Politics
National
Inside Mamdani’s NYC housing blueprint
Plus, South Florida’s biggest HOA fraud, Gary Barnett’s next Midtown move and more national real estate news this week
Politics
New York
“Terribly sloppy”: NYC brokers grapple with new pied-à-terre tax
Agents weigh the surcharge’s impact & more in notes from a resi reporter
Residential
Texas
Big oil spike, little difference for Houston resi
Iran War price spike probably won’t materialize into more mansion sales, experts say
Residential
Los Angeles
MV Realty barred from CA over homeowner scam claims
California AG ordered Florida firm to pay $2.5M in restitution, civil penalties
Commercial
National
Banks are back, baby
Following a difficult pencils-down period, banks big and small are ready to lend on CRE again
Commercial
South Florida
The Breakers starts demolition for major expansion
Historic resort adding amenities for guests and club members
Brand Studio
From Utility to Amenity: Calix SmartMDU Elevates Multifamily Wi-Fi
Meet the next generation of building-wide wi-fi
Commercial
New York
Gary Barnett’s next Midtown move?
Lender files pre-foreclosure suit at office property eyed for Extell assemblage
“Garbage dump”: Donna Karan brand sues neighbor over rat infestation
Luxury brand alleges health, business threat at West Village storefront
Former WWE exec’s Prospect Heights townhouse tops Brooklyn luxury deals
Borough saw 28 signed contracts for $86M last week
Manhattan office market on pace for best year since Y2K
Tenants inked deals for 4.2M square feet in May
How tenants’ rights promote vacancy, deter investment
Old buildings worth more when empty, but process takes 5+ years
NYC’s top deals: Brooklyn developer sells Gravesend penthouse for $8M
TRD reports top transactions for Monday, June 1, 2026
NYC landlords, tenant advocates unite to push Mamdani to expand housing vouchers
WIN delivered letter to the mayor with the sign on of 28 organizations
The Breakers starts demolition for major expansion
Historic resort adding amenities for guests and club members
“Parcel manipulation”: Homestead homeowners sue over developer's two-decade control of HOA
Association, controlled by affiliates of Larry Abbo’s Prime Group, is “artificially suppressing” board turnover to residents, lawsuit says
Billionaire David Steward’s son pays $17M for Wellington horse farm
It’s one of the larger properties in a coveted equestrian enclave
Onity to sell $5B reverse mortgage business to Finance of America
Mortgage servicer expects $70M to $80M in net profit from sale
Developers pay off $115M in Miami construction loans as condos near sellout
Hospitality-branded towers, short-term rentals have ignited buyer demand
South Florida’s top deals: Fort Partners sells another Surf Club pad for $27M
TRD reports the most important transactions for June 1, 2026
Videos
Floyd Mayweather's real estate lawsuit explained, inside the RED Awards, and more | Deconstruct
CEO at 37, 1 hour to decide: Stephen Siegel on the phone call that changed his life
Inside the RED Awards, real estate's "Hustler's Ball"
How building real estate in California KILLED one of Euphoria's main characters | Reel Estate
Christie’s International Real Estate Group brings the Dominican Republic to NYC with Gran Cosón
Roy Stillman and Christie’s International Real Estate Group take you to The Atlantic Club Residences
Can Mamdani fix New York housing?
Inside the Mind of a Mega Broker: Stephen Siegel on CBRE, ESG & Billion-Dollar Deals | Coffee Talk
Inside the mind of Charney Companies COO Justin Pelsinger | Capital Confidential
Why mortgage rates could get worse under Trump’s new Fed chair
NYC's most controversial housing bill is back
America’s housing hangover has arrived
How an $84K broker fee became a $48M punishment
From private jets to federal charges: The fall of ‘Big Bizzneesss’
Richard LeFrak’s $4 BILLION Bet on North Miami | Coffee Talk
Pendry Residences Nashville use Gaggenau to take Paseo South Gulch to new heights of luxury
Miami developer admits to stealing $85 million
A new 1% tax could change NYC luxury deals forever
What 50 feral cats reveal about the housing market’s AI problem
How the last great development site in NYC left Upper East Side renters with nowhere to go
Marriott hotel by LAX in receivership post-$45M default
Rialto, Cantor requested receiver — Robert Alter’s Seaview consented, wants to hand back keys
Relief from LA’s mansion tax still appears a pipe dream
Ad hoc committee shuts down with no recommendation of ballot measure to amend the tax
MV Realty barred from CA over homeowner scam claims
California AG ordered Florida firm to pay $2.5M in restitution, civil penalties
Hackman sues Erewhon alleging unpaid rent to the tune of $275K
Luxe grocer is a tenant at Michael Hackman’s Culver Steps, which is on the market for $150M
Hollywood single-family lot to be divided for development of 13 more homes
City housing goals loom as multifamily developers help close gap
Repeat record-setting Irvine mansion may do it again with latest listing
$39M asking price comes after owners completed $10M reno
Dermody sells portion of former Allstate HQ in Chicago suburbs to Realty Income for $175M
Plus, Realty Income bought another suburban Chicago industrial property from Dermody for $41M
Prime Finance snags Downtown Chicago tower from Spear Street
Cushman & Wakefield were hired to sell their headquarters
Waterton sells the Grand Central in South Loop for $22M premium over 2023 purchase
Multifamily investment firm put the property on the market last year less than two years after acquiring it
Izzy Rotenberg’s Chicago multifamily collapse keeps costing lenders and communities long after initial defaults
Heavy-hitting creditors like Roc Capital and Asset Based Lending are trapped in operational and legal limbo across Chicago's South Side
Illinois House punts Chicago Bears stadium talks to later in summer
Legislature adjourned without taking on a Senate bill that could keep the Bears in the state
How Savas Er saved Mag Mile
Self-made Turkish-born investor worked his way up from distressed suburban strip malls to Chicago’s premiere shopping corridor
In the AI boom, even San Francisco’s Class A buildings need renovations
Plus, as rents and home prices rise, lawmakers look to ease condo regulations
Two prominent executives are selling their Marin homes, capitalizing on “gnarly” buyer market driven by AI
Architecturally significant properties come online as SF prices send buyers north
Harvest Properties, Lone Star launch JV to recapitalize former WeWork HQ
Value of building in San Francisco’s financial district tumbled $211M from pre-pandemic peak
Russian Hill manse with Gap connections goes quick at $17M
SF luxury market continues to see rapid trades as broader market lags behind
Tech VC lists Woodside estate for $15M, nearly double 2020 sale price
Peninsula town set Bay Area price record last year
Maryland investment firm takes more than $5M loss on SF apartments
Arthaus Partners acquired 117-unit Nob Hill property for $25M as city’s median one-bedroom rent hits all-time high
Dallas leads distress brigade as Texas CRE foreclosure top $1B again in June
Of the 48 troubled loans, 32 were in North Texas
Big oil spike, little difference for Houston resi
Iran War price spike probably won’t materialize into more mansion sales, experts say
Dallas
Scott Everett’s S2 Capital faces $78M foreclosure amid REIT equity wipeout
Dallas-based syndicator said the property is under contract to sell in 30 days
Second Downtown Austin hotel heads to foreclosure
Hyatt Centric will be sold alongside The Line Austin at Tuesday’s auction at the Travis County Courthouse
Mavericks box out Downtown Dallas, set to move to Valley View
Team officially selected site of former mall 13 miles north of the American Airlines Center for its new arena
Darwin Deason’s four-story Dallas penthouse listed for nearly $18M
14K-sf residence was home to the late billionaire founder of Affiliated Computer Services’ for two decades
Banks are back, baby
Following a difficult pencils-down period, banks big and small are ready to lend on CRE again
Housing Notes: Affordability normalizes in only 7-10 years!
A new take by Oxford Economics does a better job confirming what we already know
CoStar to buy real estate data provider in $800M all-cash deal
Zonda’s roster includes large builders like Lennar and Toll Brothers
HUD trims environmental review for federally-backed multifamily projects
Agency says rollback will speed approvals as Trump pushes deregulation agenda
Phoenix
Arizona’s largest home sells for $9M after two years under contract
Buyer plans $40M renovation for home owned by Hormel family for decades
Boston
Boston suburb set for transformative development after rezoning approval
City Realty Group planning 200-room hotel, 266 apartments/condos, more
Albanian PM backs Kushner’s $5B resort despite environmental protests
Opposition grows as activists challenge development in protected coastal habitat
Zara founder nears largest European office buy in years
Amancio Ortega reportedly in talks to acquire Paris complex for $985M
Japanese real estate bank lending soars to record high
$113B spending leads to concerns of market overheating, spec flipping
Czech billionaire Karel Komárek in pole position for second London office buy
Investment group KKCG submits £282M bid for 1 St James’s Square
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
Dallas
Dallas-Fort Worth’s top brokers see deal volume rise as prices dip
Total volume for top 20 players hits $7.7B as Perry-Wisdom-Barrett, Ben Caballero led pack
National
Americans are refinancing again — but not buying
Refinancings outpaced new home purchase loans for second straight quarter
National
The mall is back — but only if it’s high-end
Luxury mall occupancy hit over 95% by mid-2025
New York
Manhattan mega conversions and Brooklyn expansions shape NYC redevelopment
FiDi with largest number of proposed additional residential units
National
National home prices inch up as major metros slide
Major Sun Belt markets continue to see declines as they return to pre-pandemic norms
National
Opportunity zones got billions in tax breaks. Only Ohio tracked where the money went
There’s still no national accounting of where billions in tax-advantaged investment actually went
South Florida
Onity to sell $5B reverse mortgage business to Finance of America
Mortgage servicer expects $70M to $80M in net profit from sale
New York
Former WWE exec’s Prospect Heights townhouse tops Brooklyn luxury deals
Borough saw 28 signed contracts for $86M last week
San Francisco
Tech VC lists Woodside estate for $15M, nearly double 2020 sale price
Peninsula town set Bay Area price record last year
Phoenix
Arizona’s largest home sells for $9M after two years under contract
Buyer plans $40M renovation for home owned by Hormel family for decades
Texas
Darwin Deason’s four-story Dallas penthouse listed for nearly $18M
14K-sf residence was home to the late billionaire founder of Affiliated Computer Services’ for two decades
South Florida
South Florida’s top deals: Fort Partners sells another Surf Club pad for $27M
TRD reports the most important transactions for June 1, 2026
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Deconstruct
The Real Deal’s Joe Lovinger and Suzannah Cavanaugh break down the newest, biggest trends and concepts in real estate.
New York
“Garbage dump”: Donna Karan brand sues neighbor over rat infestation
Luxury brand alleges health, business threat at West Village storefront
South Florida
Developers pay off $115M in Miami construction loans as condos near sellout
Hospitality-branded towers, short-term rentals have ignited buyer demand
South Florida
South Florida’s top deals: Fort Partners sells another Surf Club pad for $27M
TRD reports the most important transactions for June 1, 2026
New York
NYC’s top deals: Brooklyn developer sells Gravesend penthouse for $8M
TRD reports top transactions for Monday, June 1, 2026
San Francisco
Maryland investment firm takes more than $5M loss on SF apartments
Arthaus Partners acquired 117-unit Nob Hill property for $25M as city’s median one-bedroom rent hits all-time high
Chicago
Dermody sells portion of former Allstate HQ in Chicago suburbs to Realty Income for $175M
Plus, Realty Income bought another suburban Chicago industrial property from Dermody for $41M
Texas
Mavericks box out Downtown Dallas, set to move to Valley View
Team officially selected site of former mall 13 miles north of the American Airlines Center for its new arena
International
Albanian PM backs Kushner’s $5B resort despite environmental protests
Opposition grows as activists challenge development in protected coastal habitat
Boston
Boston suburb set for transformative development after rezoning approval
City Realty Group planning 200-room hotel, 266 apartments/condos, more
South Florida
“Parcel manipulation”: Homestead homeowners sue over developer's two-decade control of HOA
Association, controlled by affiliates of Larry Abbo’s Prime Group, is “artificially suppressing” board turnover to residents, lawsuit says
Texas
OHT Partners plans $48M multifamily project in North Texas suburb
Austin-based developer plans 391-unit Lenox-branded complex near Dallas North Tollway as apartment construction slows across the region
South Florida
Is South Florida’s branded condo boom reaching its limit?
Expensive marketing without real value dooms brands and buyers to disappointment