SoftBank’s hard landing
Masayoshi Son was widely regarded as an eccentric-but-gifted entrepreneur when, in 2014, he dazzled investors during an earnings presentation by showing them a picture of a large, brown-feathered bird. “SoftBank wants to become the goose that lays the golden eggs,” Son told them, two years before launching a $100 billion Vision Fund that went on to anoint a crop of promising startups. But over a turbulent six weeks starting in… [more]
Crunch time for Katerra?
Katerra CEO Michael Marks strolled onto the Las Vegas stage, his name and title projected onto a giant black … [more]
Control freaks: Institutional players take over landlords’ war on rent caps
When Steve Kessner began buying East Harlem rental buildings in the 1980s, like most landlords of rent-stabilized apartments, he played the long game. … [more]
‘Thank God’ for techies
The news about New York’s luxury residential market has been… [more]
Inside the shakeup at JLL
The mandate became clear soon after the $2 billion JLL and HFF merger was announced: Even though JLL was buying its competitor, HFF would be the one taking over the… [more]
Retail wreckage piles up
Discount retailers. Luxury department stores. Children’s stores. Home goods giants. The retailers that filed for … [more]
Trouble in the townhouse market?
As a percentage of the city’s housing stock, townhouses aren’t just small, they’re minuscule. But they’ve attracted…. [more]
The Closing: William Shanahan
William Shanahan is one of the most prolific commercial sales brokers in the country…. [more]
And NYC’s biggest real estate law firm is…
The law firm face-off continues. On the heels of last month’s ranking and story “NYC’s barrister brain trust,” The Real Deal dived deeper into the numbers. … [more]
The sales sluggers
UPDATED: Nov. 15, 2019, 11:05 a.m.: Fried, Frank, Harris, Shriver & Jacobson took the lead by investment sales dollar volume in Manhattan at $2.43 billion between July 2018 and June… [more]
The debt duelers
UPDATED: Nov. 7, 2019, 10:22 a.m.: Fried Frank also topped the list of law firms that oversaw the largest commercial loan volumes in Manhattan, with a whopping $6.97 billion among… [more]
Residential market report
Manhattan sales in decline after mansion tax frenzy After sales soared last quarter, Manhattan’s residential market is tumbling back to reality — though low … [more]
Commercial market report
Sponsors remain confident in WeWork-anchored Brooklyn project WeWork’s recent troubles were largely out of sight and out of mind at the launch event for… [more]
Editor’s note: Thinking big – or not thinking enough?
He’s the guy that told Adam Neumann he should act more crazy. Masayoshi Son is the eccentric-but-gifted entrepreneur who launched SoftBank’s $100 billion Vision Fund that went on to invest… [more]
