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Kathryn Brenzel






    Sen. Chuck Schumer, President Joe Biden, Congresswoman Nancy Pelosi and House Ways and Means Chairman Richard Neal (Getty/Illustration by Kevin Rebong for The Real Deal)
    National

    5 real estate issues to watch in Dems’ $3.5T budget

    Federal lawmakers are hashing out a $3.5 trillion spending plan that could include billions of dollars for new affordable...

    5 real estate issues to watch in Dems’ $3.5T budget
    High hopes for timber: Wood towers gain favor in US
    National Issue

    High hopes for timber: Wood towers gain favor in US

    For residents of a Milwaukee tower to admire the wood holding it up, samples of the material first had...

    High hopes for timber: Wood towers gain favor in US
    President Joe Biden (Getty)
    National

    What’s in the $1T infrastructure bill for real estate

    The Senate on Tuesday passed a $1 trillion infrastructure package, then turned to a $3.5 trillion measure that could...

    What’s in the $1T infrastructure bill for real estate
    Gov. Andrew Cuomo (Getty)
    New York

    Cuomo announces he will resign

    Gov. Andrew Cuomo announced Tuesday that he will step down in 14 days, a stunning development that came one week after a damning report found that he sexually harassed 11 women. With impeachment looming,...

    Cuomo announces he will resign
    Contract killers: Construction disputes spell disaster for projects
    National Issue

    Contract killers: Construction disputes spell disaster for projects

    Days before the opening of New York City’s second-tallest building, workers in Navillus T-shirts scurried around the construction site....

    Contract killers: Construction disputes spell disaster for projects
    Katerra facility (Katerra, Getty)
    National

    Katerra employees fire back with lawsuit over abrupt closure

    Reports surfaced June 1 that construction startup Katerra was shutting down its U.S. operations. Three days later, mass layoffs...

    Katerra employees fire back with lawsuit over abrupt closure
    Masayoshi Son and Katerra's founders Fritz Wolff, Jim Davidson and Michael Marks. (Getty, Katerra)
    National

    Inside Katerra’s final days

    Katerra’s cash position was “perilous.” Its biggest backer, SoftBank, bailed out the construction startup with a $200 million investment in December. Three months later, Katerra’s primary lender, Greensill Capital, became insolvent, sending the startup’s...

    Inside Katerra’s final days
    Softbank CEO Masayoshi Son (Getty, Katerra, iStock)
    National

    Katerra files for bankruptcy

    Even after shedding hundreds of millions of dollars in debt late last year and receiving a $200 million bailout, Katerra has resorted to bankruptcy in its struggle to survive. The company filed for protection...

    Katerra files for bankruptcy
    Katerra’s abrupt closure has left clients and subsidiaries in the lurch. (Getty)
    National

    What Katerra’s shutdown means for clients, subsidiaries

    Last week, “rumblings” from Katerra workers on a project site in Jersey City reached developer Paul Silverman. He then...

    What Katerra’s shutdown means for clients, subsidiaries

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