Blindsided
The entire business model of most rental brokerages is in limbo, forcing firms to make tough choices as they plan for survival if the change remains in place…. [more]
Rental firms grieve over broker fees
Firms are still reeling from the near-death experience of their business model…. [more]
Rental chaos raises tensions between tenants and landlords
The lack of clarity around the state’s broker fee guidance has become a major point of confusion and tension…. [more]
Compass faces a reckoning
A closer look at Compass’ track record across the country reveals uneven growth…. [more]
A tight hustle: TRD’s annual tally of the city’s biggest investment sales firms
2019 was another tough year for the city’s investment sales market and the brokers who put these deals together…. [more]
Taxes at every turn
Roughly a year ago, the real estate industry successfully lobbied to thwart what its leaders said would be a devastating new tax. The pied-à-terre tax would have slapped an annual… [more]
The Closing: Don Capoccia
Donald Capoccia is a founding member and principal at BFC Partners…. [more]
Behind Safehold’s pay dirt plan
Until recently, many viewed Safehold as a firm with an intriguing proposition but an unproven track record…. [more]
Selling the city
Sometimes you can lose and still win. Douglas Elliman’s Manhattan sales dropped more than 23 percent last year from an eye-popping 2018 total of nearly $9 billion, but it still… [more]
Listings leaderboard
It was the year of the buyer — with some of the priciest New York City sales counting as buy-side deals for major players like Corcoran, Compass and Douglas Elliman…. [more]
Pension fund money is getting tangled in some controversial housing deals
Another significant group of investors is exposed to the new rent regime…. [more]
Editor’s note: The broker fee fall
Go ahead, pile it on. It’s already hard enough being a real estate broker today with a sluggish market, rent reform laws, plunging stock prices, a looming recession and the… [more]
Features
We Heard
UPDATED, March 10, 2020, 2:45 p.m.: Developer Young Woo recently brought up building dog condos in Chelsea, which left at least one New Yorker barking mad. Woo floated the idea… [more]