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National March 2022 Issue

Madison Realty Capital comes of age

Josh Zegen walks into a glass-walled conference room on the 35th floor of 520 Madison Avenue, blue Polar seltzer in hand. He takes a seat, back to the skyline, his salt-and-pepper beard framing a toothy smile. Behind him, a crane idles above 660 (formerly 666) Fifth Avenue, a fitting reminder of the endless construction that has made Zegen’s firm, Madison Realty Capital, one of the fastest-growing lenders in the commercial… [more]

Iced out: What sanctions on Russian wealth could mean for U.S. real estate
National

Iced out: What sanctions on Russian wealth could mean for U.S. real estate

By Keith Larsen, Lidia Dinkova, Sasha Jones, Katherine Kallergis and Hiten Samtani | March 03, 2022 12:00PM

The Americans had a clear message for Vladimir Putin: The war in Ukraine would cost him in more ways...

Iced out: What sanctions on Russian wealth could mean for U.S. real estate
Shaya Boymelgreen, Rafi Toledano and Yair Levy (Getty/Illustration by Kevin Rebong for The Real Deal)

Will Rafi Toledano’s ban kill his real estate career?

By Keith Larsen and Rich Bockmann | March 03, 2022 02:05PM

For a city with a bad-landlords list and a steady drumbeat of real estate horror stories, it’s extremely rare...

Will Rafi Toledano’s ban kill his real estate career?
Clockwise from top left: Robert Reffkin, Corcoran; David Walker, Triplemint; Bess Friedman, Brown Harris Stevens; Scott Durkin, Douglas Elliman; Pam Liebman, Corcoran; Frederick Peters, Coldwell Banker Warburg

Resi royalty: Ranking Manhattan’s top residential brokerages of 2021

By Sasha Jones | Research By Matthew Elo, Bill Egbert, Shahin Jaberinasab and Joseph Jungermann | March 03, 2022 12:00PM

Since hitting the market for a whopping $65 million in late 2019, the penthouse occupying the 18th and 19th...

Resi royalty: Ranking Manhattan’s top residential brokerages of 2021
Wynwood’s growing pains
Miami

Wynwood’s growing pains

By Francisco Alvarado | March 03, 2022 12:00PM

UPDATED, March 16, 1:05 p.m.: Miami’s Wynwood, the artsy neighborhood that has become a hip office, retail and dining destination, is experiencing growing pains, creating a dichotomy in the district. Office and retail vacancy...

Wynwood’s growing pains
From left: Empire State Realty Trust's Tony Malkin, Hines' Jeff Hines, Omni New York's Mo Vaughn and L+M's Ron Moelis (Getty, iStock/Illustration by Kevin Rebong for The Real Deal)

Four big landlords get paid to model green retrofits

By Suzannah Cavanaugh | March 03, 2022 02:10PM

Decarbonization is no longer just a  buzzword. In the past few years, New York has tightened the screws on...

Four big landlords get paid to model green retrofits
As violent incidents soar, Chicago’s retail recovery stalls
Chicago

As violent incidents soar, Chicago’s retail recovery stalls

By Harrison Connery and Sam Lounsberry | March 03, 2022 12:00PM

UPDATED March 7, 2022, 1:46 p.m. The security footage shows people running for cover while others fall to the...

As violent incidents soar, Chicago’s retail recovery stalls
The Closing: Amar Lalvani
National

The Closing: Amar Lalvani

By Rich Bockmann | March 03, 2022 12:00PM

Young Hollywood partying on blue Astroturf by the pool on the Sunset Strip. X-rated exhibitionism towering over the High Line. Trendsetting design, middlebrow cool, the Boom Boom Room. For the past two decades, the...

The Closing: Amar Lalvani
Stuart Elliott
National

Editor’s note: From Russia without love

By Stuart Elliott | March 03, 2022 12:00PM

There were heady days a decade ago when Russian buyers set records in New York City’s real estate market,...

Editor’s note: From Russia without love

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