The Real Deal | report-and-rankings

The Real Deal New York

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07/27/18
The top 10 outer borough loans in June were almost exclusively about Brooklyn. The borough took up eight of the top 10 spots last month, with the Bronx sneaking in at number nine and Queens at number 10. Staten Island was once again shut out. The top loan last month was for $130 million from Bank of America to Red...
07/10/18
Three years ago, Ryan Serhant had no presence in Brooklyn. Last year, his Nest Seekers International team did about $147 million worth of deals in the borough. “I needed to diversify a few years ago from the slowing Manhattan market, and I needed to make sure that we were doing transactions at all dollar amounts for my entire team,” he said,...
06/11/18
To keep their edge in the rapidly evolving East End real estate market, ...
06/11/18
UPDATED June 13, 12:12 p.m. The past year was a slower one for the East End housing market, but as usual, that didn’t stop some well-heeled buyers from shelling out for a number of pricey homes. From a sprawling estate owned by a fashion designer to the house where Jackie Kennedy summered as a child, a handful of historic and...
06/01/18
The Manhattan condo market is starting to feel like the beauty counter in a fancy department store — with everyone from perfume spritzers to makeup artists vying for buyers’ attention. “It almost feels like you’re taking a client to the Bloomingdale’s cosmetic counter,” said Douglas Elliman broker Carol Staab, who works in the luxury space, referring to the hard sell...
06/01/18
New York’s residential market was something of a puzzle in 2017 — with exuberant buyers dropping eight-figure sums at 432 Park Avenue one minute, and price-conscious shoppers sitting...
06/01/18
New York City’s major real estate lenders have headed west, where builders with completed and under-construction projects alike are scoring 10-figure sums. In April, there were two loans of more than $1 billion recorded in Hudson Yards. Altogether, the 10 largest financings in Manhattan that month totaled $4.2 billion. See the full list below: 1) A different kind of debt...
05/21/18
Sales of retail properties may be down compared to last year, but executives at the country’s top brokerages remained characteristically upbeat, ...
05/14/18
April’s top 10 retail leasing deals more than doubled March’s in terms of square footage. The 10 biggest retail lease deals signed last month totaled nearly 313,900 square feet, up by about 185,100 square feet from last month’s total of 128,800 square feet. The largest retail lease in March was inked in Hell’s Kitchen. 1) Glasshouses, 660 12th Avenue, Hell’s...
05/01/18
One57, the first of the glassy giants to rise on 57th Street, wasn’t Lendlease’s key to Billionaire’s Row — it was a 60-story residential project on West...
04/06/18
Brookland is all over Brooklyn. The development company Brookland Capital topped an analysis by The Real Deal of firms with the most projects in the borough at 37, spread out in neighborhoods ranging from Prospect Heights to Ocean Hill. The properties span about 437,000 square feet overall. This was not large enough to crack the top 10 companies on TRD’s...
04/01/18
When News Corp and 21st Century Fox expanded their Midtown office footprints to a combined 1.2 million square feet...
03/29/18
Trendy Brooklyn neighborhoods like Dumbo and Williamsburg are still seeing plenty of new projects, but as the borough’s explosive popularity continues, its most active developers are coming to less heralded neighborhoods as well, ranging from East New York to Flatbush. Two Trees Development and the Chetrit Group took the top two spots, respectively, for Brooklyn’s most active developers, according to...
03/19/18
Large loan origination in the outer boroughs slowed down slightly in February. While January saw two loans for $300 million or more and the overall top 10 financings of the month had a value of more than $1.3 billion, no loan topped $250 million in February, and the top 10 financings totaled $1.1 billion. The largest deal of the month...
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