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...
Commercial Real Estate
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...
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...
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...
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...
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...
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,...
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...
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...
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...
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...
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...
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...
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...
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...
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,...
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...
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...
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...
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...
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