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The Real Deal New York
FiDi is flooded with condos — and sales
January 21, 2019 05:30PM
Sales in the Financial District may be getting dragged down with the rest of the market, but rentals in the neighborhood saw a big...
Jules Trump on his childhood, the Trump name and his start in real estate
October 07, 2018 09:00AM
It’s quite a time to be a Trump. Though this 74-year-old developer is no relation to the current occupant of the White House, Jules...
Extell is developing more than 1,500 units in New York. Now it just needs a sales director
August 27, 2018 07:00AM
Extell has billions of dollars worth of development underway. Now all it needs is a sales director. Gary Barnett’s firm confirmed Friday that it’s...
The waiting game: Why some developers are launching resi sales later
August 17, 2018 07:00AM
While developers have more marketing options today — like immersing buyers into virtual, three-dimensional versions of their future homes — some are sticking with...
Resi scorecard: Manhattan condo inventory decreased for the first time in six months
August 07, 2018 04:00PM
Adam Pincus and Yoryi De La Rosa
NEW DEVELOPMENT CONDO REPORT Manhattan Inventory decreased for the first time in sixth months as the number of new units filed dropped sharply Developers...
Toronto’s condo sales soar thanks to regulatory efforts to cool the resi market
April 01, 2018 02:03PM
Regulations can’t hold Toronto’s condo market down. Condo prices have risen 20 percent compared to February last year, according to Bloomberg, while sales of...
Penthouse at KUB’s 150 Wooster sells for north of $4,800 psf
March 01, 2018 08:47AM
KUB Capital sold the penthouse unit at its uber-luxury Soho condominium development for more than $32 million. The development firm, headed by Shawn Katz...
In the 2017 Manhattan condo market, new dev is the weak link
December 13, 2017 10:00AM
New development condos were the weakest player in this year’s condo market, showing a 13 percent drop in sales volume relative to 2016 while...
SkyView Parc nears long-awaited sellout
October 12, 2017 10:50AM
After a decade of starts and stops, Flushing’s most prominent megaproject is finally nearing a sellout. SkyView Parc, a residential and retail complex, first...
Condo buyers beware: Renting out swank units isn’t a major moneymaker
October 02, 2017 03:45PM
Buying a condominium as an investment in Manhattan is looking less appealing these days as rents fail to keep pace with soaring sales prices....
Condo sale sets record for Roosevelt Island
September 05, 2017 01:15PM
A condominium on Roosevelt Island sold for $1.87 million, setting a record for the most expensive apartment sold in the neighborhood. The unit at...
Scorecard: New development condo sale prices hit 13-month high
May 31, 2017 08:00AM
From the May issue: Condo resales in Manhattan did not make an impressive showing in March, an analysis by TRD found. The median for...
Elliman only made $100K in profits in Q1
May 05, 2017 01:15PM
UPDATED, May 6, 8:55 p.m.: No, that’s not a typo: Douglas Elliman’s profits dipped to just $100,000 during the first quarter of 2017, down...
Brooklyn developers aren’t keeping up with the condo demand
February 20, 2017 03:20PM
Homebuyers in Brooklyn are snapping up condominiums faster than developers are filing for new ones. In 2016, the number of new residential condo units...
Scorecard: BK, Queens outpacing Manhattan condo production
January 26, 2017 09:05AM
More condos in Brooklyn and Queens than in Manhattan were approved to launch sales over the past 13 months, according to a TRD analysis...
Evenhar launches sales at long-stalled Greenpoint condo
January 06, 2017 11:17AM
A Brooklyn condominium development that’s been stalled for eight years is finally launching sales.
Manhattan apartment sellers still think they’ll make a 40% return in 5 years
December 01, 2016 01:41PM
Despite all evidence pointing to a cooling property market in Manhattan, reality hasn’t quite sunk in for some sellers in the borough. Many still...
Banner week for city’s luxury residential market
November 07, 2016 10:00AM
There’s finally a good news story out of New York City’s luxury residential market.
Paydirt: The condo market’s spin room, Vornado’s life after Roth, how new development projects are won … & more
November 07, 2016 09:30AM
A king without an heir: In a meeting at Vornado HQ in late 2014, Steve Roth was being Steve Roth: Holding court, making wisecracks,...
A condo boom that doesn’t add up
October 31, 2016 07:00AM
TRD Special Report: You’ve heard the tale a dozen times before: From 2012 to 2014, Manhattan’s luxury condominium market was on fire. Buyers couldn’t...
Home Depot buys Bronx retail location from Madison International Realty for $40M
Keller Williams Midtown CEO forced out: sources
Sitex continues buying spree with $36M industrial buy in Queens
Rabsky sells Williamsburg apartment building to UDR for $130M
Lichtenstein on Amazon pullout: “Worst day for NYC since 9-11”
February 2019 issue
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