Name: Tequila #billionaire quietly tests $90M exit at troubled 432 Park | TRD News
Uploaded: 2025-11-21T15:39:29Z
Description: A billionaire Jose Cuervo scion may have tried a $90 million escape from one of NYC’s most notorious towers, 432 Park Avenue, where floods, cracks and lawsuits have hammered values.

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Netflix’s proposed $72 billion takeover of Warner Bros could turn the streamer into LA’s biggest studio landlord, reshaping who owns the soundstages, backlots and office towers the industry runs on.

Netflix’s $72B bid for Warner Bros puts 100M sf of studio real estate in play

Luxury real estate YouTuber Erik Conover has pleaded guilty after a wild sequence that started with a speeding stop and ended with two police chases, an officer thrown from his hood, viral courtroom rants and a bipolar diagnosis on the record. Conover now faces up to 10 years behind bars.

Erik Conover sentenced: Luxury real estate YouTuber facing up to 10-years #shorts

New York's casino race has its winners, and the reaction was anything but quiet. Protesters broke into a minute-long "shame on you" chant after the state's gaming board backed $19.5 billion in casino projects to Queens and the Bronx.

State signs off on three casinos for NYC | TRD News

Sonder, the short-term rental unicorn that promised to reinvent hospitality, is being dismantled in Chapter 7 liquidation, leaving guests stranded, properties abandoned, landlords scrambling and employees blindsided.

Inside $2B proptech unicorn Sonder’s sudden collapse | TRD News

A billionaire Jose Cuervo scion may have tried a $90 million escape from one of NYC’s most notorious towers, 432 Park Avenue, where floods, cracks and lawsuits have hammered values.

Tequila #billionaire quietly tests $90M exit at troubled 432 Park | TRD News

Homebuilding giant Lennar outdid all developers who seized on south Miami-Dade's plentiful cheap land over the past five years, developing 8,500 homes, or 70 percent of the housing stock delivered in the area since 2020. Now, Lennar is pushing the boundary to south Miami-Dade development –– literally. It wants to build 7,800 homes and 2.4 million square feet of commercial space outside the Urban Development Boundary, a line drawn to restrict suburban sprawl. It's a politically fraught move and an uphill battle to project approval.

Homebuilding giant Lennar pushing the boundary to south Miami-Dade development | TRD News

Luxury fashion brand Chrome Hearts purchased a small Malibu hotel called the Surfrider for $37.5 million, notching one of California’s priciest per-key deals ever and the priciest all year. Watch as we break down the deal.

Malibu exception: Boutique hotel deal among priciest in California history

What's going on at the Raleigh Hotel? One of Miami Beach’s most iconic properties was supposed to make a comeback, courtesy of Michael Shvo. Now, new owner Nahla Capital has the keys. Will they revive Shvo’s stalled vision … or reinvent the Raleigh yet again? Watch as Ethan McCarthy explains.

What's happening to Miami's Raleigh hotel? #news #miamibeach #realestate

In January, a devastating wildfire tore through Los Angeles neighborhoods including Pacific Palisades and Altadena. Since then Anthony Marguleas, a longtime residential real estate broker in the Palisades, told TRD he has become as much a community leader as an agent.

The Pacific Palisades are starting to rebuild. Broker Anthony Marguleas showed us around.

In Downtown Los Angeles, gleaming, graffitied towers loom over an office district that was more than 30% empty last quarter. Those towers, from the failed Oceanwide Plaza development, have become a symbol of DTLA's struggle. The Real Deal sent senior editor Lauren Schram on the ground to check out the market, explain how it got here, and where it could go next.

Downtown Los Angeles is struggling. It wasn't always that way. Here's why

Branded condos are taking over global luxury markets — with fashion houses, hospitality companies and even automakers putting their names on real estate. But what happens when a luxury label loses its luster? The Real Deal's Amir Korangy breaks down the good, the bad and the ugly of the branded condo boom.

The Good, Bad, and Ugly Truth Behind Buying a Branded Condo #realestate #news #condo

Tao Group's Noah Tepperberg still hits the club. Or at least, he still makes it a point to visit his restaurant, nightlife, and other hospitality venues: "You have to see what [the venues] look like when they're empty and when they're open," he told The Real Deal's Amir Korangy in the latest edition of Coffee Talk. 

Tao's Noah Tepperberg on turning NYC nightclubs into a hospitality empire | Coffee Talk

Major investors like Related's Steve Ross and billionaire Jeff Greene have made West Palm Beach a real estate development hotspot. But those projects have focused on prime areas of the booming South Florida town. Now, one team of developers is planning a sweeping redevelopment they're calling the Nora District in a southern, formerly industrial area of West Palm. The Real Deal's Lidia Dinkova went onsite to check out the development, and spoke with one of its leaders to get inside their plans. 

These developers are turning warehouses into hip new projects in West Palm Beach's Nora District

El Portal is a small, quiet neighborhood in Miami-Dade County. But a development site there attracted attention in a big way; first when residents were ousted from the property, which had been a trailer park, and then from developers when the site went to auction. Ultimately it sold to Flow, the latest venture from WeWork founder Adam Neumann.

This controversial development site used to be a trailer park. Now, it's Adam Neumann's next project

Los Angeles' office market has struggled to get back on its feet. In Downtown LA, the damage seems catastrophic. But in Century City, things are buzzing. TRD West Coast senior editor Lauren Schram went on the scene to check out the market and explain why Century City is defying LA's worst market stereotypes.

While Downtown LA's office market is dying, Century City's is thriving. Here's why.

In real estate, developer Sam Charney is a boroughs guy. He's built thousands of units in Long Island City and Gowanus, where his firm, Charney Companies, took advantage of a rezoning to supercharge building in the formerly industrial area. Charney, who grew up in Manhattan and has now purchased his first major project there, has been strategic about reading the tea leaves of New York City's housing patterns to select his areas of focus.

Sam Charney cooks up an Italian meal – and thousands of units of new housing | The Industry Dish

Real estate is a family business. At least, it is for these up-and-coming power players. In our latest magazine, The Real Deal profiled three different real estate scions who are taking on big projects and taking the reins at their parents' companies. Watch the video for a look at their strategy, and what these second-gen leaders have in common.

The Next Generation: inside real estate dynasties in transition

Related Companies and Oxford Properties knew when to lay down their cards and walk away from the table. 

New York City's developers are gunning for casino contracts. Here's what's at stake.

Sola Impact, the Los Angeles-based real estate firm known for an irresistibly capitalist approach to building affordable housing affordably, has been facing major obstacles that could jeopardize its plans and poke holes in its idealistic pitch.