Commercial Real Estate

Seth Schochet, Drew Goldsmith and 201 West 77th Street (Credit: Google Maps)

Large, low-key landlord snags UWS building for $100M+

One of the city’s “silent giant” landlords is starting to get busy. The Olnick Organization, which owns thousands of...

Large, low-key landlord snags UWS building for $100M+
305 East 46th Street (Credit: iStock)

Japanese firm lands $84M financing for Midtown East buy

Shimizu Realty Development has entered the New York market, scooping up the United Nations-leased Albano building in Midtown East...

Japanese firm lands $84M financing for Midtown East buy
Bhavana Chamoli and Michael Shah

Michael Shah’s ex arrested for assault, but DA holding off

Developer Michael Shah’s ex-girlfriend Bhavana Chamoli was arrested Wednesday on charges of assault and criminal mischief, but Manhattan District...

Michael Shah’s ex arrested for assault, but DA holding off
Federal Realty Investment Trust CEO Donald C. Wood and Georgetowne Shopping Center (Credit: Google Maps)

Fairway-anchored Bergen Beach shopping center sells for $85M

A real estate investment trust has purchased a Fairway Market-anchored shopping center in southeast Brooklyn for $85 million. Federal...

Fairway-anchored Bergen Beach shopping center sells for $85M
StreetEasy hikes prices, biz fears commercial rent control

StreetEasy hikes prices, biz fears commercial rent control

Every weekday The Real Deal rounds up New York’s biggest real estate news. We update this page throughout the...

StreetEasy hikes prices, biz fears commercial rent control
Sam Chang and 40 West 45th Street (Credit: Google Maps)

Sam Chang hit with $2M suit over Club Quarters hotels

When Sam Chang thought he was finally out, the New York hotel market pulled him back in. The prolific...

Sam Chang hit with $2M suit over Club Quarters hotels
Arden Group CEO Craig Spencer, Hello Living CEO Eli Karp and 4650 Broadway (Credit: Google Maps, iStock)

Hello, lawsuit: Spurned Inwood dev site buyer Hello Living sues ex-partner

The Arden Group and Hello Living started out as partners on the acquisition of an Inwood development site. Now,...

Hello, lawsuit: Spurned Inwood dev site buyer Hello Living sues ex-partner
A&E Real Estate Holdings principal Douglas Eisenberg and the properties along Queens Blvd and 65th Avenue (Credit: The Rego Park 18 Portfolio)

A&E Real Estate buys huge rent-stabilized portfolio at deep discount

The frozen market just melted. One of the city’s biggest multifamily landlords just purchased hundreds of Queens apartments in...

A&E Real Estate buys huge rent-stabilized portfolio at deep discount
The Daily Digest - Tuesday

Zillow president to step down, Compass buys AI startup

Every weekday, The Real Deal rounds up New York’s biggest real estate news. We update this page throughout the...

Zillow president to step down, Compass buys AI startup
Brookfield's Rick Clark and RFR Realty's Aby Rosen with the Lever House at 390 Park Avenue (Credit: Getty Images and Google Maps)

Aby Rosen makes it two Lever House lawsuits in two weeks

The relationship between Aby Rosen and his new landlords at the Lever House, Brookfield and Waterman, just went from...

Aby Rosen makes it two Lever House lawsuits in two weeks
ADIA managing director Hamed bin Zayed Al Nahyan, Munich RE CEO Joachim Wenning and 330 Madison Avenue (Credit: Getty Images, Google Maps)

Abu Dhabi fund to sell 330 Madison for as much as $900M

An Abu Dhabi sovereign wealth fund has struck a deal to sell a Manhattan trophy property. Abu Dhabi Investment...

Abu Dhabi fund to sell 330 Madison for as much as $900M
Attorney General Letitia James (Credit: Getty Images)

New York AG is investigating WeWork: report

 The New York State Attorney General’s office has launched an investigation into WeWork, Reuters reported. The embattled office-space company, which is soon set to lay off thousands of workers, confirmed to the news outlet...

New York AG is investigating WeWork: report
Close to 100 employees were given notice on Monday morning (Credit: iStock)

Ten-X Commercial lays off nearly half its workforce

Ten-X Commercial, an online real estate transaction platform, laid off half its workforce after efforts to sell the company...

Ten-X Commercial lays off nearly half its workforce
475 Park Avenue South (Credit: Google Maps)

Cohen Brothers Realty sues storied landlord to stay in Park Ave South building

Cohen Brothers Realty is firing back as its landlord tries to cut short its ground lease at a Murray...

Cohen Brothers Realty sues storied landlord to stay in Park Ave South building
308 West 82nd Street and Real Capital Analytics founder Robert M. White Jr. (Credit: Google Maps)

Real Capital Analytics’ founder buys UWS building, leading last week’s I-sales

From a pair of next-door buildings in Park Slope to an apartment complex in Jamaica, these are the deals...

Real Capital Analytics’ founder buys UWS building, leading last week’s I-sales
93 North 9th Street in Williamsburg, Thor Equities' Joe Sitt, and a KAWS statue (Credit: Google Maps and Jim Bowen via Flickr)

Acclaimed artist KAWS pays $17M to expand Williamsburg studio

Art world sensation KAWS is having a moment, as the auction house Christies declared last month. The Williamsburg-based artist,...

Acclaimed artist KAWS pays $17M to expand Williamsburg studio
181 Varick Street (Credit: Google Maps)

Claremont Companies buys Soho Marriott for $59M

Claremont Companies has purchased a Marriott in Soho for $59.35 million, according to property records. The Massachusetts-based firm bought...

Claremont Companies buys Soho Marriott for $59M
More than 4,000 people are expected to receive notice in coming weeks (Credit: iStock)

Major WeWork layoffs to begin today

More than a third of WeWork’s 12,000 employees will likely receive notice this week that they no longer have a job. The layoffs are part of an effort by the struggling office-space company to...

Major WeWork layoffs to begin today
WeWork layoffs loom, de Blasio is skeptical of commercial rent control

WeWork layoffs loom, de Blasio is skeptical of commercial rent control

Every weekday The Real Deal rounds up New York’s biggest real estate happenings. We update this page throughout the...

WeWork layoffs loom, de Blasio is skeptical of commercial rent control
From left: WeWork’s Adam Neumann and SoftBank’s Masayoshi Son (Photo-Illustration by Nazario Graziano)

Piecing together SoftBank’s disruptive real estate bets

Masayoshi Son was widely regarded as an eccentric-but-gifted entrepreneur when, in 2014, he dazzled investors during an earnings presentation...

Piecing together SoftBank’s disruptive real estate bets
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