Compass’ Robert Reffkin bought $16M Tribeca pad: sources
A few months before Compass filed confidentially to go public, CEO Robert Reffkin made another hush-hush move. The brokerage...
Manhattan Condo Market
The Latest
Letter shows Zeckendorf eyeing takeover of HFZ’s High Line project
The Zeckendorf brothers are mulling a takeover of HFZ Capital Group’s struggling $2 billion XI development in West Chelsea....
HFZ is behind on $160M in payments at the XI: lender
In the ever-escalating drama engulfing one of New York’s most prominent condo developers, HFZ Capital Group is now facing...
National
Worst of the worst: The real estate disasters of 2020
Vacant offices. Shuttered restaurants. Empty hotels. The pressure on real estate was relentless this year as the pandemic took...
Private equity exec picks up $9M condo at Trump World Tower
Steven Maksin, CEO of Moonbeam Capital, purchased a condo at Trump World Tower for $9 million. Maksin purchased unit...
Chetrit, Bistricer’s Gramercy Square condo lands $207M loan
Joseph Chetrit and David Bistricer’s Clipper Equity have secured $207.5 million in fresh financing for their Gramercy Square condominium....
Take my condo, please! Ziel Feldman puts his own UES pad on the market
Ziel Feldman has listed his Upper East Side penthouse for $39 million, as the embattled developer faces pressure from...
Manhattan luxury market has best week since early March
There were more luxury contracts signed last week than any other week since early March. And in the last...
HFZ sues CIM to halt condo foreclosure sale
UPDATED, Nov. 12, 2020, 2:28 p.m.: HFZ Capital Group is making a last-ditch attempt to stop its lender from auctioning off loans tied to four of the firm’s Manhattan condo projects. The prolific developer...
Aby Rosen accuses Chinese partner of “power grab” after condo loan default
UPDATED Oct. 27, 15:45: First came the condo market slowdown. Then came the pandemic. And now, Aby Rosen’s luxury...