Name: Ron Burkle rescues Soho House $2.7B privatization plan #shorts
Uploaded: 2026-01-21T20:09:59Z

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The unlikely bromance between Zohran Mamdani and President Trump could have major implications for New York real estate. After meeting last week, Mamdani said he pitched $21 billion in federal grants to build affordable housing over Sunnyside Yard in Queens — and that Trump was “interested.” It’s a striking turn in their once-combative relationship, and in the long, fraught history of the rail yard itself.

Mamdani asks Trump for $21B for Sunnyside Yard megadevelopment #shorts

Welcome to “Neumannville”? Ex-WeWork CEO Adam Neumann is now the biggest property owner in the small Florida village of El Portal — and his Flow-backed plans include a private school and a massive mixed-use development.

El Portal residents to Adam Neumann: “You punched us in the face”

San Francisco's Transamerica Pyramid is in contract. 

Shvo and partners in contract to sell Transamerica Pyramid #shorts

Silverback Development’s Josh Schuster once told TRD: “There’s one particular lawsuit that has a lot of bad words… and there is my own way of seeking remedy…” Fast forward to Feb 2026 — he’s now expected to plead guilty to a $10M “Ponzi-like scheme,” facing up to 20 years in prison.

Josh Schuster to plead guilty to $10M Ponzi scheme

New York’s ultra-luxury rental market is hitting staggering numbers. 💸
Seagram liquor heir Eli Bronfman just signed a $120,000/month lease for his SoHo triplex penthouse, while a West Chelsea residence owned by former Howard Hughes CEO David Weinreb landed $177,500/month.  As mortgage rates stay elevated and the luxury market surges, more of the city’s wealthiest are choosing to rent — at six figures a month.

You won't believe what luxury apartments cost in NYC now #shorts

Who’s getting cut out of the housing market? 🏠 The White House is weighing a ban on firms that own 100+ single-family homes — a threshold that could sideline not just mega-landlords, but hundreds of mid-size investors.

More details emerge on Trump’s single-family home investor ban #shorts

Florida condo boards are making headlines for all the wrong reasons. From alleged multimillion-dollar fraud at Florida's second-largest HOA to special assessment battles and boardroom election brawls, a pattern keeps emerging: big money, limited oversight and residents left footing the bill.

Hammocks fraud case drags into year four #shorts

Mayor Mamdani’s upcoming “Rental Ripoff Hearings” are already igniting fierce backlash across NYC. Some landlords aren’t holding back — including H.L. Dynasty’s Humberto Lopes, who suggested property owners should “bankrupt the city” by withholding taxes in protest. Is this accountability or political theater? And have rents really become a “ripoff”? Sound off in the comments below!

Landlord calls for NYC property owners to stop paying taxes

After eight years of shutdowns, endless renovations, billion-dollar cost overruns, a global pandemic, and even a takeover by the Chinese government, the legendary Waldorf Astoria New York is finally back on the market.

Waldorf Astoria hits market after eight-year condo conversion #shorts

The Chicago Bears could be eyeing a move to Indiana 👀 — but Illinois Gov. JB Pritzker says there’s “progress” on keeping them right where they are. It’s the latest chapter in the high-stakes tug-of-war between states (and cities) competing for major sports franchises — and the economic development they promise to deliver. Should the Bears stay in Illinois or migrate? 🐻⬇️ Drop your take in the comments!

Are the Chicago Bears moving to Indiana? #shrots

Mark Zuckerberg's Miami move is a great story. It just might not be a true one.

Wrong address? Sources say Mark Zuckerberg isn’t buying Jersey Mike’s founder’s home #shorts

When you hear “Billionaires’ Row,” you think 432 Park, Central Park Tower, One57 — record-breaking heights, panoramic views, and some of the most expensive homes on the planet.

Can the Malabar Residences move Billionaire's Row across Park Ave?

The AI gold rush is reshaping real estate. OpenAI snapping up West Coast office space and fueling a data center land rush, with trillions in investment projected by 2030. It's a windfall for the industry, but a potential bubble if profits don't materialize fast enough.

Sam Altman’s OpenAI adds 223K sf to Seattle office footprint #shorts

Celebs are taking moviegoing's future into their own hands. 🍿 Kristen Stewart just bought LA's historic Highland Theatre, joining Hollywood heavyweights like Tarantino, Spielberg and others scooping up movie landmarks before they disappear.

Does #Hollywood have to save itself? #shorts

For years, the Alexander brothers were fixtures of luxury real estate — the kind of brokers who didn't just sell the lifestyle, they *were* the lifestyle. Now, Oren and Tal Alexander and their brother Alon are on trial in federal court, facing sex trafficking charges. They've pleaded not guilty. If convicted, each faces 15 years to life.⁠
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As the case enters its second week, a Lower Manhattan courtroom has become its own ecosystem: a judge with a tight grip, a closely screened jury, three separate defense teams, prosecutors, victims' lawyers, the press and the brothers' family and friends watching from the gallery.⁠

Inside the Alexander brothers’ defense machine | #shorts

With New York City in a deep freeze, attention is already shifting out east. The Hamptons closed out 2025 with a record Q4: median home prices hit an all-time high of $2.3 million, driven by demand and tight inventory.

The weather is cold, but the #Hamptons market is hot #shorts

The Alexander brothers were kings of luxury real estate, brokering deals for the elite. Now, they are at the center of a federal sex-trafficking trial that has shocked the industry.

Real Estate Scandal: The Alexander Brothers | Episode 1: The Rise

CoStar has spent years (and billions) trying to loosen Zillow’s grip on home search. Now, with its Homes.com push in retreat, hedge fund heavyweight Daniel Loeb is coming for CEO Andy Florance’s pay and strategy, demanding a board shakeup and a full exit from CoStar’s resi bets. Is Loeb right? Sound off in the comments and read more at the link in bio.

The listings war between Zillow and CoStar has investors out for blood

What do Ryan Serhant, Eleonora Srugo and Jackie Kennedy's designer have in common? A Gramercy "fixer upper."

Oleg Cassini’s former Gramercy home sells for $7M #shorts

Soho House’s $2.7B plan to go private nearly collapsed — then came a last-minute rescue. After lead partner MCR pulled a $200M commitment, billionaire Ron Burkle’s Yucaipa stepped in with new funding, including an extra $50M from Morse Ventures and expanded debt financing. The market cheered: shares jumped nearly 13%, and shareholders overwhelmingly approved the merger. From brink of failure to revival in days — Soho House’s privatization deal is back on track. Watch to learn more.