October 2019 Issue

A-Rod’s real estate playbook

Alex Rodriguez has seen both his professional and personal life covered exhaustively in newspapers across the country for decades now. But since retiring as the Yankees’ star third baseman in 2016 — and, according to Forbes, pocketing over $480 million during his 22-year pro-baseball career — he’s become even busier. He’s now juggling regular media appearances with color commenting baseball games (he’s a broadcaster for Fox Sports and part of… [more]

WeWork’s landlords buckle up

For New York City landlords needing a quick fix to fill empty office space, WeWork has been a go-to tenant for years. Now, with the office-space company in turmoil, those… [more]

Behind Blackstone’s
“capital strike”

Blackstone had every reason to oppose the overhaul of New York state’s rent law in June. The private equity giant … [more]

StreetEasy tensions flare up again

StreetEasy is at the center of controversy once again. In the past month, two separate incidents laid bare the latest animosities between the online listings giant and the city’s top… [more]

Panic at Prodigy

In 2011, Rodrigo Niño was weighing his own mortality. The real estate executive, originally from Colombia, had been diagnosed with stage three melanoma. … [more]

Crowded out?

Crowdfunding was once touted as the next big thing — a way for average investors to get into the lucrative world of… [more]

The Israeli bond
market shakeout

When Silverstein Properties announced plans to raise roughly $50 million… [more]

The Closing: Steven Holl

Famed architect and watercolorist Steven Holl founded his company as a two-person practice in Chelsea in 1977. The firm has since grown to 40 people… [more]

NYC’s barrister brain trust

The calls began almost as soon as the new rent laws passed. Overnight, the sweeping regulations — which Gov. … [more]

How much are NYC hotels hurting?

During a recent earnings call, Starwood Property Trust CEO Barry… [more]

Debt cuffs: Corporate real estate’s riskiest balance sheets

 To back its risky instant home-buying program, Zillow Group opened two credit lines with Credit Suisse and Citibank over the past 14 months totaling $1 billion. The revolving debt pushed… [more]

Power lunch:
Breaking bread at Pastis

It was drizzling when four development pros recently wedged into a half-moon-shaped banquette at Pastis in the Meatpacking District. Amid the din of an animated lunch crowd, The Real Deal… [more]

Residential market report

NYC condo market showing signs of a recession The latest numbers show more signs of trouble for New York City’s condo market. About 25 percent of new condo units constructed… [more]

Commercial market report

Commercial landlords face new fines as City Council passes anti-harassment bill The New York City Council approved… [more]

Editor’s note: Recession fears and shelved IPOs

“I don’t know why anyone was paying [Adam] for the word ‘we.’ The only word he knew was ‘I.’” Those were the reflections of a former WeWork executive on the… [more]

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