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City Planning Commissioner Chair Marisa Lago (Getty, Dept. of City Planning)

Gowanus rezoning gets green light

UPDATED, April 19, 2021, 4:30 p.m.: The Gowanus rezoning is a go. Judge Katherine Levine on Monday agreed to lift a temporary restraining order, allowing the proposal to enter the city’s seven-month approval process....

Gowanus rezoning gets green light
BHS CEO Bess Friedman, Sotheby’s CEO Philip White REBNY head James Whelan, Douglas Elliman executive chairman Howard Lorber and Corcoran CEO Pamela Liebman (Getty, iStock)

Broker fee ban an “error,” court rules

UPDATED April 12, 2021, 11:28 a.m.: An Albany judge sided with the real estate industry Friday, declaring New York state regulators’ attempt to ban tenants from paying landlords’ broker fees an “error of law.”...

Broker fee ban an “error,” court rules
Robert Reffkin (Compass)
National

Compass cuts valuation to $7B ahead of IPO

UPDATED, March 31, 2021, 3:48 p.m.: Compass has slashed the price of shares and reduced the size of its total stock offering ahead of its IPO. In an updated S-1 filed with the U.S....

Compass cuts valuation to $7B ahead of IPO
Compass CEO Robert Reffkin (Getty, iStock)
National

Compass seeks $10B tech valuation

Compass is aiming to go public at a $10 billion valuation, positioning itself as a tech company rather than a traditional brokerage. The New York-based firm said it will offer 36 million shares priced...

Compass seeks $10B tech valuation
Compass' Robert Reffkin and REBNY's James Whelan. (Getty, Whelan ph: Anuja Shakya)

Compass slams REBNY with antitrust suit

The Real Estate Board of New York represents the interests of the city’s many residential brokerages. Compass says it’s not one of them. The brokerage alleges in a new lawsuit that REBNY has conspired...

Compass slams REBNY with antitrust suit
Compass CEO Robert Reffkin and Bold CEO Jordan Sachs (Photos via Compass, Bold/Illustration by Kevin Rebong for The Real Deal)

Compass to acquire Bold New York

Compass is acquiring Bold New York, a 10-year-old brokerage with a robust portfolio of rental developments, The Real Deal has learned. The deal, announced by Bold at a town hall meeting Tuesday, will boost...

Compass to acquire Bold New York
Amazon founder Jeff Bezos with his Beverly Hills estate, 5 Manhattan West and 212 Fifth Avenue (Photos via Getty; Pinterest; Wikipedia Commons; City Realty)
National

Jeff Bezos, who turned real estate upside down, quits

Jeff Bezos, the e-commerce titan who drove one of the biggest office and industrial space expansions in history, and...

Jeff Bezos, who turned real estate upside down, quits

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