CommercialNew YorkMar 20, 2020Hotel startup Selina’s fantasy pitch meets grim realityAdam Neumann–backed company’s internal documents show outsize optimism
PopularNew YorkMar 11, 2020Knotel hires Accordion Partners executive as CFOJohn Jureller arrives at the firm as the company winds back growth
PoliticsNew YorkMar 11, 2020REBNY bolsters executive teamIndustry group announced new appointments for COO, CMO and head of brokerage services
CommercialNew YorkMar 10, 2020WeWork closes a NYC location after employee tests positive for coronavirusThe employee, who worked for its Meetup business at 12 East 49th Street, has been in quarantine since Friday.
CommercialNew YorkMar 9, 2020Michael Shvo, partners secure $545M loan for Coca-Cola buildingThe debt was provided by Goldman Sachs and Bank of America
CommercialNew YorkMar 4, 2020Michael Shvo secures $210M loan for 530 Broadway buyThe developer went into contract on the property in January for $382M
CommercialNew YorkMar 3, 2020WeWork sells Managed by Q to rival startup at 90% discountThe $25M sale to Eden closed Tuesday following a funding round led by JLL
CommercialNew YorkFeb 28, 2020Race, gender discrimination lawsuit takes aim at WeWork’s cultureAyesha Whyte claims she was demoted and forced to review candidates for her job
PopularNew YorkFeb 27, 2020CoStar sees net income jump 32% in year marked by acquisitionsReal estate data giant, which generated $1.4B revenue, credited strong performance to Apartments.com
PopularNew YorkFeb 26, 2020Execs dish on proptech on Day 2 of Future CityReal estate technology dominates discussion
CommercialNew YorkFeb 25, 2020WeWork’s turnaround star will need a new scriptNew CEO Sandeep Mathrani rebuilt one real estate giant, but faces more daunting problems this time
DevelopmentNew YorkFeb 24, 2020Highlights from Day 1 of TRD’s Future City summitThe annual executive retreat kicked off on Sunday
CommercialNew YorkFeb 21, 2020Amazon mulls buy of WeWork’s Lord & Taylor buildingThe tech giant has been in talks for a $1B acquisition of the iconic property, sources say
PopularNew YorkFeb 21, 2020Ollie co-founders out at co-living startupBoard member Gregg Christiansen takes over as president
PopularNew YorkFeb 13, 2020Adam Neumann is asking $37M for Gramercy Park triplexFormer WeWork CEO has been offloading properties since leaving the company he founded
PopularNew YorkFeb 12, 2020CoStar acquires troubled rental listings firm for $588MRentPath will be bought out of Chapter 11 from TPG Capital
CommercialNew YorkFeb 6, 2020Exclusive: 3 WeWork board members depart, another to followThe exodus of the top advisers signals a change in guard at the troubled office space giant
PopularNew YorkFeb 5, 2020Second SoftBank executive plans departure from troubled conglomerateIt comes as a third executive who led WeWork investment is also reportedly in talks to leave
CommercialNew YorkFeb 5, 2020Owners of $800M skyscraper skipped on $700K rent for sales galleryThe Durst Organization is suing the owners of 125 Greenwich for unpaid rent at 1 World Trade.
DevelopmentNew YorkFeb 5, 2020“It’s all working”: Trump lauds Opportunity Zones during State of the UnionComments come weeks after the Treasury Department launched an inquiry into the controversial tax incentive program