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...
Investment Sales
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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...
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...
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...
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...
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...
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,...
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...
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...
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....