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48 Sidney Place and 289 Union Street in Brooklyn (Credit: Google Maps)

Brooklyn’s luxury resi market only saw 2 deals signed last week

Activity was moribund once again in Brooklyn’s luxury residential market, as real estate continues to grapple with the unprecedented...

Brooklyn’s luxury resi market only saw 2 deals signed last week
SoFla brokerage execs optimistic, say deals are still closing

SoFla brokerage execs optimistic, say deals are still closing

The real estate industry is bracing for a rough second quarter, but top South Florida brokerage executives are optimistic,...

SoFla brokerage execs optimistic, say deals are still closing
Compass CEO Robert Reffkin (Credit: iStock)

Compass to agents: It’s (virtual) show time!

With real estate agents largely sidelined by shelter-in-place orders, Compass said Wednesday that it is rolling out a set...

Compass to agents: It’s (virtual) show time!
426 9th Street and 81 Pierrepont Street in Brooklyn (Credit: Google Maps)

Brooklyn’s luxury resi market sees deals plummet

Activity plummeted for the second straight week in Brooklyn’s luxury residential market as the coronavirus continues to wreak havoc...

Brooklyn’s luxury resi market sees deals plummet
Realogy CEO Ryan Schneider (Credit: iStock)

Realogy cuts salaries and work week to avoid layoffs

The economic impact of coronavirus has hit Realogy — but not in the form of layoffs. The brokerage giant...

Realogy cuts salaries and work week to avoid layoffs
Robert Reffkin

Compass lays off roughly 375 staffers

Compass laid off 15 percent of its staff on Monday, The Real Deal has learned. With the economy reeling from the coronavirus pandemic, the Softbank-backed brokerage said it was projecting a 50 percent drop...

Compass lays off roughly 375 staffers
38 Hicks Street and 58 Butler Street in Brooklyn (Credit: Google Maps)

Brooklyn’s luxury resi market sees big dropoff in activity

A townhouse in Brooklyn Heights was the priciest residential property to go into contract in Brooklyn last week. The...

Brooklyn’s luxury resi market sees big dropoff in activity
Robert Reffkin, CEO of real estate brokerage Compass. (Illustration by Daniel Castro Maia)

Compass faces a reckoning

It was an audacious goal from the start. Five years after Compass hired its first 10 agents in New York City, CEO Robert Reffkin pledged the company would have 20 percent market share in...

Compass faces a reckoning
Compass CEO Robert Reffkin (Credit: Brad Barket/Getty Images for Fast Company)

Compass CEO asks Congress to include agents in stimulus

Compass CEO Robert Reffkin implored Congress to include independent contractors in a massive economic stimulus package that will help...

Compass CEO asks Congress to include agents in stimulus
Robert Reffkin (Credit: Brad Barket/Getty Images for Fast Company)

Compass to scale back lending programs

Amid a global pandemic and massive economic uncertainty, Compass is scaling back its Concierge and Bridge Loan services, The Real Deal has learned. The SoftBank-backed brokerage is “proactively” restricting the programs at the behest...

Compass to scale back lending programs
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