The Real Deal New York

Most Recent

Records rollercoaster: The benchmarks that have been broken in NYC’s resi market

By Meenal Vamburkar | November 16, 2018 07:30AM

TRD ISSUE

There may be a market slowdown, but it’s still New York, and that means residential records are still being...
WATCH: SoFla developers, strategists on why hotel-branded condos continue to win

November 16, 2018 07:00AM

At The Real Deal‘s fifth annual Miami Real Estate Showcase & Forum, South Florida’s managing editor Ina Cordle moderated a discussion among some of the region’s top players in...
Real estate has found its answer to startup culture in Opportunity Zones, panel says

By Eddie Small | November 15, 2018 06:30PM

If you’re young and in real estate, Opportunity Zones are the place to be, according to Newmark Knight Frank president James Kuhn. “I think this is going to be...
Real estate execs say Amazon “is great” for New York but question if the city’s infrastructure can sustain new residents

By David Jeans | November 15, 2018 06:16PM

A lineup of New York real estate giants agree that Amazon is good for New York. But there’s just one question: Can the city’s infrastructure sustain the e-commerce giant? During a panel hosted by...
One of DoBro’s newest apartment buildings is on the market for $100M

By Rich Bockmann | November 15, 2018 06:00PM

In the midst of Downtown Brooklyn’s building boom, the developer behind one of the neighborhood’s newest rental buildings is looking to sell the property for $100 million. Brooklyn-based CBZ...
Aby Rosen nixed condo plans at this Tribeca site. Now another developer is giving it a shot

By Meenal Vamburkar | November 15, 2018 05:30PM

A new condominium project is slated for Tribeca site Aby Rosen’s RFR Realty gave up last year. Elliot Aronson is bringing a 17-unit condo project to 67 Vestry Street, according to plans filed with...
Cities with most immigrant homeowners have higher home values: report

November 15, 2018 05:00PM

Foreign-born homeowners tend to own homes in metropolitan areas with higher home values, according to a new report. Homeownership rates among immigrants is highest in Miami and San Jose,...
Brooklyn’s tallest tower may soon rise thanks to massive Silverstein loan

By Konrad Putzier, David Jeans and Rich Bockmann | November 15, 2018 04:49PM

Michael Stern’s JDS Development is in advanced talks to secure a $240 million mezzanine loan from Silverstein Capital Partners for its planned Brooklyn mixed-use tower 9 DeKalb Avenue, sources...
Brookfield turns to Apollo Global for financing on 666 Fifth Avenue

By Konrad Putzier | November 15, 2018 04:45PM

Private equity company Apollo Global Management is funding Brookfield Property Partners’ redevelopment of 666 Fifth Avenue with a $300 million-plus mezzanine loan, sources told The Real Deal. The loan...

Videos

WATCH: Everything you always wanted to know about Opportunity Zones

TRD Talks: Could a SoftBank takeover of WeWork create a $100B incubator?

WATCH: David Rockwell on teaming up with celebrity chefs, growing up in Mexico and a love of “foul hip-hop”

Why a luxury developer is now building affordable prefab homes by famous designers

Inside the current issue

Residential target practice

The management maestros

The Closing: Kelly Mack

Co-working goes corporate

The condo discount dance

Sizing up SL Green’s big bet

Treasury dramatically sharpens LLC disclosure rules

By E.B. Solomont | November 15, 2018 04:30PM

TRD NATIONAL

The Treasury Department drastically increased the number of all-cash deals that are subject to its anti-money laundering rules on...
OnSiteIQ, with big NYC developer clients, raises $2M in seed funding round

By Kathryn Brenzel | November 15, 2018 04:00PM

OnSiteIQ, a startup that monitors construction sites to assess risk, just raised $2 million in its latest seed funding round. Fintech investor Anthemis Group and real estate technology venture...
Co-living startup Common is opening its first Manhattan project next year

By Meenal Vamburkar | November 15, 2018 03:30PM

Co-living startup Common is making its first foray into Manhattan. The company is partnering with YD Development for a project at in Hell’s Kitchen, Common said in a statement...
The anatomy of construction corruption

By Kathryn Brenzel | November 15, 2018 03:00PM

TRD ARCHIVE

In New York City’s $45.3 billion construction industry, it’s a network of middlemen that choreographs the rise of buildings. From supply companies to electrical workers, developers rely on a consortium of professionals to assign...
Commercial brokers made more money last year than ever before: NAR

By Dennis Lynch | November 15, 2018 02:30PM

TRD NATIONAL

Commercial real estate brokers, agents and appraisers made more money than ever last year, even as transactions slow because...
Hudson Companies files plans for one of the largest Staten Island projects this year

By David Jeans | November 15, 2018 01:45PM

Hudson Companies is bringing a 30,000-square-foot residential building to Staten Island, one of the largest projects in the borough this year. The firm plans to develop for a six-story...
Brooklyn multifamily portfolio hits the market asking $70M

By Rich Bockmann | November 15, 2018 01:00PM

Crown Heights-based multifamily investor CBZ Management is marketing a portfolio of Brooklyn apartment buildings with an asking price of $70 million. The nine walk-up apartment buildings — stretching...
Judge rejects de Blasio’s NYCHA deal over “fatal procedural flaws”

November 15, 2018 12:30PM

A federal judge rejected Mayor Bill de Blasio’s plan that would’ve spent $1.2 billion to improve the New York City Housing Authority. Judge William Pauley asked for a new...
Shareholders greenlight Brookfield’s $6.8B purchase of Forest City

By Kathryn Brenzel | November 15, 2018 11:36AM

TRD NATIONAL

After facing some opposition, Brookfield Asset Management will move forward with its $6.8 billion purchase of Forest City Realty...
Jonathan Rose buys 558-unit Bay Ridge affordable housing complex for $150M

By Eddie Small | November 15, 2018 11:30AM

Jonathan Rose Companies has purchased a 558-unit Section 8 housing complex in Bay Ridge for about $150 million, the firm announced on Thursday. It purchased the property from NYU...
Two tenants at Kushner’s Times Square property are showing signs of stress: report

November 15, 2018 11:00AM

Two tourist attractions at Kushner Companies’ Times Square retail property are showing some signs of trouble, posing a potential threat to the company’s mortgage. At least six contractors have...

The Real Deal New York

Records rollercoaster: The benchmarks that have been broken in NYC’s resi market

WATCH: SoFla developers, strategists on why hotel-branded condos continue to win

Real estate has found its answer to startup culture in Opportunity Zones, panel says

Real estate execs say Amazon “is great” for New York but question if the city’s infrastructure can sustain new residents

One of DoBro’s newest apartment buildings is on the market for $100M

Aby Rosen nixed condo plans at this Tribeca site. Now another developer is giving it a shot

Cities with most immigrant homeowners have higher home values: report

Brooklyn’s tallest tower may soon rise thanks to massive Silverstein loan

Brookfield turns to Apollo Global for financing on 666 Fifth Avenue

Popular

November 2018 issue

Videos

Inside the current issue

Treasury dramatically sharpens LLC disclosure rules

OnSiteIQ, with big NYC developer clients, raises $2M in seed funding round

Co-living startup Common is opening its first Manhattan project next year

The anatomy of construction corruption

Commercial brokers made more money last year than ever before: NAR

Hudson Companies files plans for one of the largest Staten Island projects this year

Brooklyn multifamily portfolio hits the market asking $70M

Judge rejects de Blasio’s NYCHA deal over “fatal procedural flaws”

Shareholders greenlight Brookfield’s $6.8B purchase of Forest City

Jonathan Rose buys 558-unit Bay Ridge affordable housing complex for $150M

Two tenants at Kushner’s Times Square property are showing signs of stress: report

Latest South Florida issue

Latest Los Angeles issue