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Subprime crisis spoils Bronx holiday cheer - The Real Deal
Dec 17, 2007

Subprime crisis spoils Bronx holiday cheer - The Real Deal

The holiday season figures to be grim for many Bronx business owners and homeowners who could lose their homes to foreclosure. The borough's Williamsbridge neighborhood has been hit especially ha…
Top investors buy big in the Bronx - The Real Deal
Jun 3, 2007

Top investors buy big in the Bronx - The Real Deal

Another real estate titan is bullish on the Bronx. Mark Karasick, an investor known for putting hundreds of millions of dollars into trophy properties like San Francisco’s Bank of America Center and t…
Bronx Real Estate | Ruben Diaz Jr. | Bronx Development 2016
Mar 29, 2017

Bronx Real Estate | Ruben Diaz Jr. | Bronx Development 2016

The Bronx saw another spike in real estate investment last year, with a record $3.3 billion and over 14.2 million square feet of development hitting the borough, Bronx Borough President Ruben Diaz Jr.…
Mo Vaughn expected to win 14 Bronx apartment buildings at auction today - The Real Deal
Jul 12, 2010

Mo Vaughn expected to win 14 Bronx apartment buildings at auction today - The Real Deal

Some real estate insiders question non-profit group that pushed for Vaughn’s purchase Today former New York Mets ballplayer Maurice “Mo” Vaughn’s real estate company Omni New York will likely win the …
Mark Messier Bronx | Sunnyside Restaurant Week
Oct 25, 2013

Mark Messier Bronx | Sunnyside Restaurant Week

1. Hockey Hall of Famer Mark Messier chats on getting into the real estate rink with Kingsbridge Armory project [Crain’s] 2.Sunnyside business improvement district launches nabe’s first restaurant wee…
Kingsbridge to get retail complex - The Real Deal
May 8, 2007

Kingsbridge to get retail complex - The Real Deal

Residents of the northwest Bronx have waited so many years to see a city-owned parking lot transformed into a formidable economic presence that they cheered after viewing the initial proposal for the …
The Distress Record: Kassirer, Benko, Blackstone face year-end trouble
Dec 23, 2023

The Distress Record: Kassirer, Benko, Blackstone face year-end trouble

Holiday cheer isn’t in the air for office and multifamily developers and landlords. In New York, another rent-stabilized landlord is in trouble. This time, it’s Isaac Kassirer facing foreclosure…
More lead-paint laws coming for NYC landlords
Aug 3, 2023

More lead-paint laws coming for NYC landlords

The New York City Council passed a series of bills Thursday amending administrative codes to tackle persistent lead paint problems apartment buildings. The vote comes just a day after the Adams admin…
From California to New York, YIMBYism is going mainstream
Feb 2, 2023

From California to New York, YIMBYism is going mainstream

A r ed and white “PARK YOUR FLEET” sign at a defunct Harlem gas station airs the frustration of a developer who just missed a pivot in the long fight to build more housing in America. I n Janua…
Multifamily developers who counted on 421a search for plan B
Jan 2, 2023

Multifamily developers who counted on 421a search for plan B

(Illustration by Paul Dilakian/The Real Deal) D e velopers admitted taking a “ leap of faith ” when they pitched a $2 billion transformation of five blocks of parking lots and industrial buildings …
Vienna’s Social Housing: Can it Work in NYC?
Dec 19, 2022

Vienna’s Social Housing: Can it Work in NYC?

When four dozen left-wingers visited Vienna this fall to check out the Austrian city’s celebrated “social housing” program, the reactions from both sides of the political spectrum were predictable. Fi…
NYC Apartment Developers Plan for Life Without 421a
Jan 9, 2023

NYC Apartment Developers Plan for Life Without 421a

Developers admitted taking a “leap of faith” when they pitched a $2 billion transformation of five blocks of parking lots and industrial buildings in Astoria, Queens. The most publicized aspect of the…
Why New York City Can’t Solve its Rezoning Problem
Sep 23, 2022

Why New York City Can’t Solve its Rezoning Problem

There are two kinds of places in this country: those with zoning and those without. Houston is the best known zoning-free city, but it’s not alone. Drive through upstate New York and you’ll see “NO ZO…
Hochul Silent as Activists Arrested at Good Cause Protest
Jan 14, 2022

Hochul Silent as Activists Arrested at Good Cause Protest

Police arrested more than a dozen activists outside Gov. Kathy Hochul’s Manhattan office Friday afternoon during a protest calling on the governor to take action before the state’s eviction moratorium…
New York City Council Ignores Affordable Housing Budget Cuts
Jul 1, 2020

New York City Council Ignores Affordable Housing Budget Cuts

The speeches began shortly after 10 p.m. and dragged on for more than two hours. One City Council member after another explained why they were supporting or opposing the city’s $88 billion budget. Mos…
Ritchie Torres, Donovan Richards Back Industry City Rezoning
Aug 4, 2020

Ritchie Torres, Donovan Richards Back Industry City Rezoning

It’s extremely rare for the City Council to support a project over the objections of the member whose district would be rezoned to accommodate it. But it’s equally rare for the local member’s colleagu…
State Proposes Cost Caps for Rent-regulated Apartment Renovations
Sep 14, 2020

State Proposes Cost Caps for Rent-regulated Apartment Renovations

More than a year after New York’s rent law was overhauled, the state has proposed cost caps for renovations that allow landlords to increase rents. The Division of Homes and Community Renewal’s propos…
Trump Tower discrepancy exposed; Christie’s agent allegedly hit female Lyft passenger
Nov 27, 2019

Trump Tower discrepancy exposed; Christie’s agent allegedly hit female Lyft passenger

Every weekday The Real Deal rounds up New York’s biggest real estate news. We update this page throughout the day starting at 9 a.m. Please send any tips or deals to tips@therealdeal.com. Documents sh…
Board approved: Who lives at The Dakota?
Jan 5, 2017

Board approved: Who lives at The Dakota?

The Dakota once towered over Central Park. Rising along dirt roads on an underdeveloped swath on Central Park’s west end, it’s distinctive Renaissance-style architecture and claims of unparalleled lux…
Haymakers for Hope 2014 NYC | Steven Wissak
Nov 7, 2014

Haymakers for Hope 2014 NYC | Steven Wissak

If you’re an affordable housing developer plying your trade in New York City, you’ve got to be able to roll with the punches. And, in some cases, deliver them. Steven Wissak, a 53-year-old managing di…