Can iBuying go the distance?
By E.B. Solomont | October 19, 2020 01:00PM
When George Schneider decided to sell his home this spring, Opendoor made him an offer he couldn’t refuse. Schneider had paid $76,750 for his three-bedroom stucco house in the Phoenix suburbs a decade earlier....
Can iBuying go the distance?
This man wants to make your home a commodity
By E.B. Solomont | October 19, 2020 01:00PM
In Opendoor’s early days, employees knew what they were up against. And if they didn’t, Spencer Rascoff spelled it...
This man wants to make your home a commodity
The metamorphosis of the metropolis
By Kathryn Brenzel and Rich Bockmann | October 19, 2020 01:00PM
After years of sparring over its highest and best use, the fate of 5 World Trade Center was left to a competition. The Port Authority of New York and New Jersey and the Lower...
The metamorphosis of the metropolis
The sequel to Serhant?: Meet the agents Nest Seekers is betting on
By Erin Hudson | October 19, 2020 01:00PM
Nest Seekers International CEO Eddie Shapiro hasn’t been betting all his money on a single jockey. He’s been actively...
The sequel to Serhant?: Meet the agents Nest Seekers is betting on
What Ryan Serhant’s new venture says about the future of brokerage
By Erin Hudson | Research By Matthew Elo | October 19, 2020 01:00PM
Only one of New York City’s top agents has half of a firm’s listings: Nest Seekers International’s Ryan Serhant. No one else is even close. The celebrity broker’s team has $583.9 million of Nest...
What Ryan Serhant’s new venture says about the future of brokerage
Inside Ryan Serhant’s new brokerage
By Erin Hudson | October 19, 2020 11:00AM
Ryan Serhant’s decision to launch his own brokerage last month reignited a popular debate in the residential real estate industry: What’s the best way to harness an agent’s star power? Though Serhant’s breakaway embodies...
Inside Ryan Serhant’s new brokerage
Chinese “seashell house-hunting” proptech firm makes huge splash in US
October 16, 2020 10:23AM
Beike Zhaofang, the Beijing-based online real estate platform, hit the New York Stock Exchange on Aug. 13 with a...
Chinese “seashell house-hunting” proptech firm makes huge splash in US
How tough is Freddie when it comes to protecting landlords and tenants?
By Georgia Kromrei | October 19, 2020 01:00PM
UPDATED, Oct. 21, 2020, 5:00 p.m.: Tenant protections at apartment buildings with federally backed mortgages didn’t stop landlords in...
How tough is Freddie when it comes to protecting landlords and tenants?
Poor hospitality: Hotel owners in big cities hit major tipping point
By Katherine Kallergis | October 19, 2020 01:00PM
All of the lights in the Hilton Times Square have been pitch black for weeks — one of several...
Poor hospitality: Hotel owners in big cities hit major tipping point
Real estate’s heavy workout
By Rich Bockmann | October 19, 2020 01:00PM
Barneys’ former space on Madison Avenue was hanging by a thread. A $76 million balance on the building’s debt, which Ashkenazy Acquisition took out in 2010, was set to mature in July. And after...
Real estate’s heavy workout
For struggling condos, the pandemic proves the ultimate test
By Sylvia Varnham O'Regan | October 19, 2020 09:33PM
A partially built condominium in Manhattan’s Financial District cuts a melancholy figure on an overcast Saturday in August. The front of the building, an exposed checkerboard of unfinished apartments, stretches 912 feet upward into...
For struggling condos, the pandemic proves the ultimate test
Does taxing the wealthy really drive them away?
By Akiko Matsuda | October 19, 2020 01:00PM
This year’s spring housing market came a couple of months later than usual to the leafy suburbs of New...
Does taxing the wealthy really drive them away?
All Squared Up
By Hiten Samtani | October 19, 2020 01:00PM
It’s hard to pigeonhole Square Mile Capital. The investment firm has been among the most active players of this cycle in all parts of the real estate ecosystem, from construction lending to distressed opportunities...
All Squared Up
Chicago’s once booming office market is just trying to hang on
October 14, 2020 03:43PM
Lisa Davidson vividly remembers the freezing temperature that numbed her toes one winter day several years ago as she...
Chicago’s once booming office market is just trying to hang on
Retail’s reopening rollercoaster: “Confusion and hesitation and fear”
October 13, 2020 03:52PM
South Florida retailers could be forgiven if they needed a minute to process the news that Gov. Ron DeSantis...
Retail’s reopening rollercoaster: “Confusion and hesitation and fear”
“That was a business decision”: Why real estate execs are backing Trump — or backing away
By Jerome Dineen | September 21, 2020 03:56PM
Sotheby’s International Realty broker Nikki Field was leading sales at Kushner Companies’ Puck Penthouses in Manhattan when, in 2016, the Kushners raised the idea...
“That was a business decision”: Why real estate execs are backing Trump — or backing away
To live and bribe in LA: The sweet past and sticky present of Carmel Partners
By Matthew Blake | Research By Jerome Dineen | September 21, 2020 04:00PM
Is Carmel Partners a cartoonishly nefarious developer or merely an opportunistic one caught in the wrong place at the...
To live and bribe in LA: The sweet past and sticky present of Carmel Partners
LA’s market makers: A ranking of top resi agents by on-market deals
September 14, 2020 04:04PM
UPDATED, Sept. 16, 2020, 12:47 p.m. Stephen Shapiro and Ron Wynn each brokered $68 million in luxury sales across...
LA’s market makers: A ranking of top resi agents by on-market deals
Eight stats tell the tale of Adam Neumann’s rise, fall, and return
By Erik Engquist and Damian Ghigliotty | October 19, 2020 01:00PM
Adam Neumann is back. In his first venture since leaving WeWork last year, the eccentric and brash Israeli entrepreneur...
Eight stats tell the tale of Adam Neumann’s rise, fall, and return
The Closing: Wendy Silverstein
By Kathryn Brenzel | October 19, 2020 01:00PM
Wendy Silverstein’s career has been all about getting her hands dirty. The 17-year veteran of Vornado Realty Trust helped grow the company from a $3 billion owner of New Jersey strip malls to a...
The Closing: Wendy Silverstein
Editor's note: An urban identity crisis
By Stuart Elliott | October 19, 2020 01:00PM
Here’s a quick rundown of where the country’s top real estate market is at, more than six months into...
Editor's note: An urban identity crisis
