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From left: The Agency's Phillip Lang, Rainy Hake Austin, Mauricio Umansky and David Walker (The Agency, iStock)

The Agency acquires Triplemint for NYC debut

The Agency has acquired New York City-based Triplemint in an all-equity transaction. Under the deal, the Los Angeles-based firm...

The Agency acquires Triplemint for NYC debut
Vornado Realty's Steven Roth, 60 Guilders' Kevin Chisolm with 33-00 Northern Boulevard (Getty, VNO, 60 Guilders)

Vornado selling Queens office property for $173M

Vornado Realty Trust has struck a $173 million deal to sell its Center Building office property in Long Island...

Vornado selling Queens office property for $173M
Maverick’s David Aviram with 120 Evergreen Avenue (bottom) and 1157 Myrtle Avenue (Google Maps, LinkedIn)

Maverick targets Brooklyn landlord Yoel Goldman

Maverick Real Estate Partners smells new blood in the water. The New York-based lender, which has bought loans connected...

Maverick targets Brooklyn landlord Yoel Goldman
Search and seizure: oligarch edition
National Issue

Search and seizure: oligarch edition

Well over a month into Vladimir Putin’s invasion of Ukraine, the West’s response has left Russia in a financial mess. Well-heeled Russians seen as enablers of the Kremlin were hit with sanctions in an...

Search and seizure: oligarch edition
Fredrik Eklund (Photo-illustration by Paul Dilakian)
Texas Issue Austin

Inside Austin’s luxury market

Reality TV real estate star Fredrik Eklund made his Austin debut in predictably splashy fashion, riding a horse into a party in one of the city’s priciest neighborhoods and announcing that he and his...

Inside Austin’s luxury market
The Financial District has the most condo units in the pipeline (iStock)
Insights

West Side neighborhoods dominate Manhattan’s condo pipeline

Manhattan has more than 13,000 condo units in the pipeline and nearly half of them are slated for a string of neighborhoods running up the western side of...

West Side neighborhoods dominate Manhattan’s condo pipeline
From left: William Lie and Arthur Zeckendorf in front of The Hayworth at 1289 Lexington Avenue (Getty Images, Zeckendorf Development, The Corcoran Group/Illustration by Steven Dilakian for The Real Deal)

Zeckendorfs buying foreclosed UES condo project for $250M

The Zeckendorfs are back with another big development deal. Brothers William Lie and Arthur are buying Ceruzzi Development’s foreclosed...

Zeckendorfs buying foreclosed UES condo project for $250M
Commercial real estate investment rose 86% last year
Los Angeles

Commercial real estate investment rose 86% last year

Commercial real estate investors spent $53 billion on properties in Los Angeles, $49 billion in New York and $41...

Commercial real estate investment rose 86% last year
(iStock.com)
Insights

Analysis: Manhattan office submarkets’ uneven recovery

Things may finally be looking up for Manhattan’s embattled office market — but not all of it. Some of its submarkets struggled in 2021.

Analysis: Manhattan office submarkets’ uneven recovery
Liz Nunan, chief executive officer, Houlihan Lawrence (Houlihan Lawrence, iStock)
Tri-State Insights

These are Westchester’s biggest brokerages

Brokerages need plenty of boots on the ground in the exclusive, winding drives of Westchester County, where one out of every three sales were decided...

These are Westchester’s biggest brokerages
(iStock/Illustration by Kevin Rebong for The Real Deal)
National Insights

Nationwide housing inventory plunges to historic low

America’s housing inventory has been tightening for two years, but it absolutely crashed in the final quarter of last year.

Nationwide housing inventory plunges to historic low
Agents, developers dismiss headwinds facing new NYC condos
Issue

Agents, developers dismiss headwinds facing new NYC condos

It will take more than another Covid variant and a shifting economic outlook to dim Lightstone’s spirits.  The developer...

Agents, developers dismiss headwinds facing new NYC condos
Inside the rent roll at Chetrit’s 26 Broadway

Inside the rent roll at Chetrit’s 26 Broadway

The following is a preview of one of the hundreds of data sets that will be available on TRD...

Inside the rent roll at Chetrit’s 26 Broadway
How Andrew Chung won New York City’s warehouse race
Issue

How Andrew Chung won New York City’s warehouse race

Like a shipping container precisely packed to fill every last cubic inch, Andrew Chung’s new Bronx warehouse is squeezed...

How Andrew Chung won New York City’s warehouse race
(iStock)
National

Industrial spec development up, delivery down

Developers across the country are racing to build new warehouses, as vacancy rates approach sub-1 percent in some markets....

Industrial spec development up, delivery down
Oceanwide battles to hang on to LA megaproject
National Issue

Oceanwide battles to hang on to LA megaproject

Oceanwide wanted the American dream. And it wanted it from coast to coast — Manhattan to L.A. The firm,...

Oceanwide battles to hang on to LA megaproject
The Central Park South area had the highest average home price in the city (Getty)

Analysis: NYC neighborhoods ranked by home prices, sales

It’s no shock that the Central Park South area — home to Billionaires’ Row — would top the charts for the highest average home price in the city.

Analysis: NYC neighborhoods ranked by home prices, sales
Rafael Cestero (Photos by Axel Dupeux)
Issue

The Closing: Rafael Cestero

When Rafael Cestero took the helm of the Community Preservation Corporation in 2012, he had never worked out a distressed loan portfolio or sold distressed assets. Nor did he have experience restructuring credit agreements....

The Closing: Rafael Cestero
(iStock)
National Insights

Breaking down the stratospheric rise in U.S. home prices

America’s housing market exploded last year as surging demand met dwindling supply, sparking bidding wars that drove home prices to record highs.

Breaking down the stratospheric rise in U.S. home prices
Cody and Zach Vichinsky (Photo by Bill Bernstein)
National Issue

Zach and Cody Vichinsky’s excellent adventure

Cody Vichinsky sat at a corner table in the CORE club. His locks were flowing, his skin bronze despite...

Zach and Cody Vichinsky’s excellent adventure
Ofer Yardeni, chairman and chief executive officer, Stonehenge Partners in front of the Cole at 354 East 91st Street (Stonehenge Partners, iStock)

Stonehenge nabs UES rental for $130M

Ofer Yardeni’s Stonehenge Partners bought an apartment building on the Upper East Side for nearly $130 million. Stonehenge teamed up with San Francisco-based investor Stockbridge Capital Group to buy the 163-unit Cole at 354...

Stonehenge nabs UES rental for $130M
Buyer beware: Proptech SPAC mergers have lost their shine
National Issue

Buyer beware: Proptech SPAC mergers have lost their shine

For proptech companies considering going public, it may be prudent to wait. Most of the proptechs that did so...

Buyer beware: Proptech SPAC mergers have lost their shine
The cryptonaires will see you now
National Issue

The cryptonaires will see you now

Even by luxury standards, the estate 40 miles outside Denver was a rare find: a 45,000-square-foot, 11-bedroom mansion with an art and wine collection, four kitchens, three guest apartments and an entertainment wing with...

The cryptonaires will see you now
(Photo-illustration by Kevin Cifuentes)
National Issue

LA industrial developers turn to office conversions

It looked like just another Southern California office deal when a couple of low-rise office buildings with plentiful parking...

LA industrial developers turn to office conversions
Milo Founder and CEO Josip Rupena (iStock, Milo Credit)
National

Crypto-rich but can’t buy a home? Now you can

Many within the ranks of the crypto-rich have a peculiar problem: Despite having digital assets worth hundreds of thousands...

Crypto-rich but can’t buy a home? Now you can

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