National May 2021 Issue


How Marc Ganzi bet Colony Capital’s future on the next-gen economy

Entering an office building in the future, according to Marc Ganzi, will look something like this: “There won’t be security anymore. You’ll flash a bar code, it’ll say, ‘Yup, the elevator’s been activated, you have a meeting at 11 o’clock, you’re going to go to the 27th floor and get in Cab E.’ Everybody has some sort of fitness attachment that says what your heart rate is, where you’re going,… [more]

New York’s biggest general contractors

New York’s biggest general contractors

With global supply chains, an inherent need for on-site workers and a client base that depends on optimism, construction firms faced challenges on several fronts when the pandemic shook the world economy last spring....

New York’s biggest general contractors
The Closing: Scott Durkin

The Closing: Scott Durkin

Scott Durkin doesn’t mind playing second (or third) fiddle. The president and COO of one of New York’s largest brokerages doesn’t bask in his title. Instead, he operates with a light touch, favoring delegation...

The Closing: Scott Durkin
1384 Meadow Lane

The 20 priciest Hamptons sales this year

UPDATED, May 14, 2021, 6:45 p.m.: Home sellers’ usual strategy is to list in the spring, when buyers are most active. But Hamptons buyers could hardly be more active than they have been since...

The 20 priciest Hamptons sales this year
Retailers rush to open in the Hamptons

Retailers rush to open in the Hamptons

Phil Zelonky has been planning to open a pop-up nightclub in the Hamptons ever since his first club, Noir, debuted in Manhattan two years ago. There’s just one issue: finding a space. As New...

Retailers rush to open in the Hamptons
(Illustration by The Real Deal)

North Fork home inventory can’t meet demand

That warm westerly breeze you feel? That’s coming from the North Fork of Long Island, where the real estate...

North Fork home inventory can’t meet demand
Think buying in the Hamptons is tough? Try building

Think buying in the Hamptons is tough? Try building

When it comes to trophy homes, Hamptonites tend not to trust anyone’s taste but their own. There is always...

Think buying in the Hamptons is tough? Try building
Shinnecock Nation rolls dice on Southampton casino

Shinnecock Nation rolls dice on Southampton casino

Stop me if you’ve heard this before: The Shinnecock Nation is planning to build a casino in Southampton. The...

Shinnecock Nation rolls dice on Southampton casino
East End reels from influx of year-round visitors

East End reels from influx of year-round visitors

In the Hamptons, summer vacationers and year-round residents endure something of a symbiotic relationship. The hedge funders, Hollywood types,...

East End reels from influx of year-round visitors
The social housing movement picks up steam

The social housing movement picks up steam

When Shaya Schreiber started searching for a home in Madison, Wisconsin, her options were limited. Student loans made the single mother of two ineligible for certain affordable housing and a market-rate home was beyond...

The social housing movement picks up steam
The curious case of the vanishing attorney

The curious case of the vanishing attorney

The spin class at the New York Sports Club near City Hall was a popular lunchtime workout for landlords and real estate attorneys. They would go for the intense instructor, Mitch Kossoff, a spinning...

The curious case of the vanishing attorney
Mitch Kossoff

The problem with escrow

Real estate lawyers routinely hold millions of dollars in escrow for their clients, serving as trusted third parties to ensure funds are delivered and deals close properly. The attorneys safeguard the money for days,...

The problem with escrow
WFH-feature

The return to the workplace is re-shaping the workspace

As more Americans get vaccinated, the return-to-office movement is gathering steam. Companies that a month ago were merely speculating...

The return to the workplace is re-shaping the workspace
South Florida’s hotel conundrum

South Florida’s hotel conundrum

The lights are still dark at the Diplomat Beach Resort, a sprawling 1,000-room oceanfront hotel in South Florida. More than a year after the pandemic began, conventions and business travelers — the lifeblood of...

South Florida’s hotel conundrum
Real estate’s susceptibility to data breaches

Real estate’s susceptibility to data breaches

In 2018, the company that manages the Brooklyn condominium where cybersecurity expert Roman Sannikov lives was hacked. The hacker...

Real estate’s susceptibility to data breaches
NYC landlords could find a lifeline in carbon trading

NYC landlords could find a lifeline in carbon trading

The year is 2030. New York City landlords, struggling to comply with city-mandated greenhouse gas emission caps, are on...

NYC landlords could find a lifeline in carbon trading
Stuart Elliott

Editor’s note: Battling the old guard

“The old guard has to be stopped.” That quote may sound like it came from a progressive politician in Albany, but it actually came from a real estate broker in Manhattan. One of our...

Editor’s note: Battling the old guard

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