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Poof! Zillow’s market cap drops $2B amid stock sell-off
November 07, 2018 11:36AM
UPDATED, Nov. 7, 6:40 p.m.: On the heels of dismal earnings on Tuesday, Zillow Group is getting pummeled on Wall Street. Overnight, the Seattle-based...
Zillow Q3 revenue jumps 22% but
Premier Agent disappoints
November 06, 2018 04:40PM
Premier Agent remains Zillow Group’s cash cow, but the lucrative ad program had a rocky quarter. Following a series of tweaks to the feature,...
Nestio 2.0 adds AI and added analytics
November 06, 2018 07:00AM
After a frustrating apartment search, Caren Maio launched Nestio in 2011 to help landlords and brokers manage rental inventory online instead of by spreadsheet....
Roomi lays off more than half of its workforce after funding falls through: report
November 04, 2018 11:23AM
Roomi, an online roommate finder that clinched market share by snatching up its competitors, is laying off more than half of its staff after...
The ever-revolving door: Higher commissions, tech tools powerful lures for agents hopping from one firm to another
October 31, 2018 12:00PM
At a time when the Los Angeles market is seeing such landmark acquisitions as the Compass takeover of Pacific Union and Douglas Elliman’s purchase...
Real estate tech firm Flip inks lease on
Grand Street in Williamsburg
October 30, 2018 03:15PM
Flip, a real estate tech firm meant to help renters sublet their apartments, has landed a 5,800-square-foot lease at 357 Grand Street in Williamsburg. The...
Rentlogic adds advisory board to weigh in on landlord ratings
October 29, 2018 09:00AM
When Yale Fox debuted Rentlogic in 2013, the Canadian transplant wanted to give New York City renters a resource so they never had...
Manhattan tech leasing tops 1M sf for 9th consecutive year
October 26, 2018 05:30PM
According to this week’s market reports, Manhattan tech leasing topped one million square feet for the ninth consecutive year and bad landlords cost taxpayers...
How Sonder hacked NYC’s short-term
October 24, 2018 09:00AM
Hospitality company Sonder is opening its first New York location. The company inked a master lease for 169 units at Metro Loft Management’s office-to-apartments...
Opendoor is testing co-listing agreements with agent teams
October 23, 2018 12:00PM
Home-flipping startup Opendoor is testing co-listing properties with agents outside the company. The company has selected about a dozen agent teams for its “preferred...
WiredScore raises $9M in Series A
October 23, 2018 08:30AM
WiredScore, the building connectivity rating company that was once majority-owned by Jared Kushner, has raised $9 million in a new venture funding round. Fifth...
StreetEasy inks lease for 130K sf at
Global Holdings’ 1250 Broadway
October 22, 2018 08:55PM
Zillow Group is doubling down on New York City. The Seattle-based listings giant has inked a deal to expand its footprint to 130,000 square...
This startup co-founder wants to eliminate real estate’s “middlemen”
October 19, 2018 07:30AM
David M. Levitt
Sam Tabar, who co-founded Fluidity — a year-old startup in Williamsburg that offers tokenization technology to broker-dealers and financial firms — wants to shake...
The crypto conundrum: Is the hype legit?
October 18, 2018 07:30AM
At Consensus 2018 — a conference where cryptocurrency die-hards convened to plot the future of blockchain — two pioneers in the budding industry battled...
Here’s what Moody’s got in its takeover
October 17, 2018 08:00AM
Moody’s closed on its acquisition of commercial real estate data company REIS this week after completing a tender offer valued at $225 million. The...
With IPO ahead, Compass lures agents
with stock options
October 16, 2018 08:30PM
Alexei Barrionuevo and E.B. Solomont
After raising $400 million last month in its latest funding round, Compass appears heading toward an IPO within 24 months. And now, it’s offering...
CoStar acquires largest online CRE marketplace in UK
October 12, 2018 01:45PM
CoStar Group is expanding its European footprint with its acquisition of a UK-based commercial real estate online marketplace. The publicly-traded commercial real estate data...
Talks: Could a SoftBank takeover of WeWork create a $100B incubator?
October 11, 2018 10:20AM
On Tuesday, the Wall Street Journal reported that Masa Son’s SoftBank was in discussions to take a majority stake in WeWork. The Real Deal‘s...
Why hardwiring buildings for specific tech can backfire
October 11, 2018 07:30AM
It seemed like a good idea at the time. In 2012, when the Rabsky Group developed 225 North 9th Street, a luxury rental in...
CompStak launches new analytics platform
October 08, 2018 09:00AM
CompStak has launched a new analytics platform that allows users to compare its crowdsourced leasing and property information in real time. The platform, dubbed...
Real estate data startup CrediFi raises another $6M
Takes from the REBNY 2019: Execs play a real estate word association game
StreetEasy offers agents a way to avoid
Premier Agent — for $333 a month
SL Green looks to sell News Building
Torkian ups debt on new rental development in Midtown
January 2019 issue
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