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The Real Deal New York
NYC multifamily market crossed the $1B mark in September
November 21, 2018 12:45PM
New York’s multifamily market saw one of the largest transactions of the year in September, carrying dollar volume for the sector over the $1...
Brookland won’t meet upcoming bond payments; stalls trading in Tel Aviv
November 12, 2018 06:00PM
Boaz Gilad’s Brookland Capital won’t meet its upcoming debt obligations in Israel, the company announced Monday evening, after halting trading on its bonds earlier...
New York’s multifamily market saw more than $2B worth of deals in Q3
October 19, 2018 01:00PM
New York’s multifamily market continued to rebound from a moribund 2017 with a strong third quarter, seeing year-over-year gains in dollar volume, transaction volume...
Orbach sells five UWS buildings for $57M
October 18, 2018 06:00PM
UPDATED, 5:55 p.m., Oct. 29: The Orbach Group is continuing its Upper West Side selling spree. The multifamily investment firm headed by Meyer Orbach has...
Not just Kushner: Other major landlords fail to disclose rent-stabilized tenants on construction permits
September 21, 2018 04:21PM
Will Parker and Kathryn Brenzel
It wasn’t until Jared Kushner’s family firm was exposed for falsifying construction paperwork that a story about New York building permits made national headlines....
Equity Residential looks to sell two Manhattan properties in soft rental market
September 17, 2018 09:30AM
Equity Residential is looking to sell two Manhattan multifamily buildings amid the city’s softening rental market. The real estate investment trust has put 800...
Lightstone picks up another Bronx portfolio for $53M
September 04, 2018 02:15PM
The Lightstone Group has closed on its purchase of a trio of Bronx properties for $53 million, extending its push into the borough’s multifamily...
Soundview multifamily project receives third-biggest Bronx loan of 2018
July 16, 2018 12:50PM
Azimuth Development Group has landed about $107 million in financing from the city for a multifamily development in the Bronx, in what appears to...
Brooklyn multifamily market outpaced Manhattan during first half of 2018
July 16, 2018 07:00AM
New York’s multifamily market had a strong first half to 2018 after suffering a near-death experience last year, with Brooklyn outpacing Manhattan for the...
A surge in Downtown sublease space, the multifamily market relapse and more of the biggest trends in CRE right now
July 11, 2018 04:30PM
Downtown’s sublease space up 76 percent Prospective office tenants will have a lot of office options Downtown. The submarket saw a 76 percent increase...
Brookfield in talks to buy stake in Waterside Plaza: sources
July 05, 2018 04:50PM
Rich Bockmann and Mark Maurer
UPDATED, July 5, 6:25 p.m.: Brookfield Property Partners is in talks to buy a stake in the 1,400-unit Waterside Plaza complex in Kips Bay....
April is the cruelest month for New York’s multifamily market
June 20, 2018 01:25PM
The multifamily market in New York City slowed down significantly in April following a strong first quarter, with volume metrics dropping to their lowest...
New apartment permits in Brooklyn reach two-year high
June 15, 2018 07:00AM
Brooklyn has long been ahead of the other boroughs in terms of new multifamily construction. It recently added to its lead, with more new...
The priciest rentals are also the loneliest
June 08, 2018 12:15PM
The vacancy rate for the country’s most expensive apartments is more than double the rate for lower-priced pads, as builders have flooded the high-end...
Here’s what the $10M-$20M NYC investment sales market looked like last week
June 04, 2018 03:40PM
1.) Jack Terzi’s JTRE Holdings bought a commercial condominium at the former Greenpoint Savings Bank Building for $10 million. The property, at 807 Manhattan...
Gould Investors buys UES rental building with 60K unused sf
June 01, 2018 02:30PM
Meenal Vamburkar and Mark Maurer
Fred Gould’s Gould Investors struck a $25.5 million multifamily deal on the Upper East Side. The buyer closed on the purchase of the five-story...
A&E buying Queens portfolio for $119M
May 25, 2018 05:34PM
A&E Real Estate Holding is in contract to buy a six-building multifamily portfolio in Queens’ Flushing and Elmhurst neighborhoods for $118.5 million, sources told...
NYC’s multifamily dollar volume in March hit highest level since 2016
May 21, 2018 12:30PM
New York’s multifamily market had its strongest month in more than a year in March, with large-scale Manhattan sales pushing dollar volume to more...
Wait, rent concessions in Brooklyn are going down now?
May 16, 2018 02:00PM
Despite month after month of record-high concessions in Brooklyn, Sugar Hill Capital Partners co-founder David Schwartz said at a panel on Wednesday that his...
Son of the late Bernard Miller buys pair of Bronx resi buildings
April 27, 2018 11:35AM
Bernard Miller Entities has snapped up a pair of six-story residential buildings with 82 apartments in the Bronx for about $20.6 million. The buildings...
Lalezarian Properties snags Murray Hill development site for $80M
L&L MAG’s first development will be a 460-unit resi building in Chelsea
Another sponsor unit at 432 Park is off
Normandy, Drake Street refi LIC
with $75M Deutsche loan
EB-5 visa program extended… until Dec. 21
December 2018 issue
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