New York Issue
“Not our kind”: How discrimination persists in New York co-ops
Stefani Berkin spent much of 2019 visiting apartments with two of her clients, a gay couple in their 30s....
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E.B. Solomont
Zillow profits hit record $52M in Q1
High demand for housing and low supply delivered another quarter of record profits for Zillow. The Seattle-based real estate giant notched $52 million in net income during the first quarter, bolstered by a booming...
Avenue 8, a mobile-first brokerage, raises $14M
A week before the country went into lockdown last year, Avenue 8, a mobile-first residential brokerage, made its first...
Proptech CEO pay, the #s behind Sonder’s $2.2B SPAC deal
Proptech’s payday A year ago, Redfin CEO Glenn Kelman said he would forgo a salary after the tech brokerage...
Realogy transactions soar 44% thanks to white-hot market
Last year, Realogy and other brokerages were bracing for a housing slowdown. It never came. On Thursday, the brokerage...
Miami
Construction tech firm OpenSpace lands $55M to map job sites
When the country went into lockdown last year, major construction sites deemed “essential” stayed open for business. OpenSpace, which...
CoStar profits rebound with $74M in net income
CoStar’s profit machine is back in action. After four consecutive quarters in which its profits dropped, the real estate...
Placer.ai raises $50M to track pedestrian foot traffic
Location data startup Placer.ai has raised $50 million after the company said it tripled its business last year. The...
SPAC slowdown, SmartRent strikes a $2.2B deal
SPACs go cold SPAC deals are drying up amid mounting questions from regulators. After a record 109 SPAC deals...
News Analysis
What SmartRent’s $2.2B SPAC means for multifamily
As pandemic-challenged apartment landlords scrambled to cut costs, SmartRent CEO Lucas Haldeman’s phone lit up. The owners were eager...