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Travis Kalanick (Getty; iStock)

Travis Kalanick cooks up a real estate empire

Uber co-founder and ex-CEO Travis Kalanick has quietly amassed a real estate empire over the past two years. Companies...

Travis Kalanick cooks up a real estate empire
1491 Bedford Avenue and 25-98 36th Street (Google Maps)

Muted week for middle of the i-sales market

The middle of the investment sales market was quiet last week, with just two transactions between $10 million and $30 million. An apartment building sold in Queens and an educational building previously operated as...

Muted week for middle of the i-sales market
Nightingale's Elie Schwartz and Madison's Brian Shatz (Whale Square)

Nightingale buys Whale Square in Sunset Park for $84M

UPDATED, Oct. 20, 2020, 6:01 p.m.: Madison Realty Capital has brought in a new partner on its industrial-to-office conversion...

Nightingale buys Whale Square in Sunset Park for $84M
Gov. Andrew Cuomo (Getty, iStock)

New York lost $755M in real estate tax revenue this year: REBNY

September was the cruelest month yet for tax revenue generated from real estate sales. The number of transactions has...

New York lost $755M in real estate tax revenue this year: REBNY
41 Haight Street in Flushing and 1290 Viele Avenue in Bronx (Google Maps; iStock)

Deal for pizza-pan manufacturer rounds out last week’s mid-market sales

The outer-boroughs continue to dominate the middle of the investment-sales market, with the only deals last week between $10...

Deal for pizza-pan manufacturer rounds out last week’s mid-market sales
Right to left: 831, 835 and 837 Madison Avenue (Google Maps)

Madison Avenue retail buildings sell for record low price

Three retail buildings on Madison Avenue have sold for a combined $45 million, a price that represents a new...

Madison Avenue retail buildings sell for record low price
Milton Glaser and 207 East 32nd Street (Getty, Google Maps)

Milton Glaser’s Kips Bay office townhouse sells to New York Review of Books

The Kips Bay office townhouse owned by legendary graphic designer Milton Glaser, who created the “I ❤️ NY” logo,...

Milton Glaser’s Kips Bay office townhouse sells to New York Review of Books
522 Fifth Avenue and 1375 Broadway (Google Maps)

Manhattan CRE deals hit lows not seen since 2009

Commercial real estate sales in Manhattan have taken a major hit because of the pandemic. There were just 21...

Manhattan CRE deals hit lows not seen since 2009
Thomson Reuters CEO  Steve Hasker and 3 Times Square (Getty; Google Maps)

Thomson Reuters looks to sell stake in Times Square HQ

Thomson Reuters is considering selling its stake in its Times Square headquarters. The media company hired an advisor to...

Thomson Reuters looks to sell stake in Times Square HQ
From left: 580 Gerard Avenue and buyer Joshua Schuster of Silverback Development, and 437-441 164th Street with buyer Jason Friedland of Westrock Development (Google Maps)

Bronx scores only mid-market deals in past two weeks

Just two investment sales between $10 million and $30 million have been recorded in public records since Sept. 20....

Bronx scores only mid-market deals in past two weeks

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