Name: How Brooklyn's abandoned waterfront in DUMBO became one of its hottest neighborhoods
Uploaded: 2025-12-23T15:15:34Z
Description: Who'd invest in a neighborhood so dumb its name is literally DUMBO? As it turns out, a whole lot of people.

Uploads from The Real Deal

How much does NYC luxury really cost? Eugene Remm, the mastermind behind hotspots like Catch and the Corner Store, places his bets with Amir Korangy on the latest episode of Coffee Talk.

Restaurateur Eugene Remm plays a game of 'Guess the Price' with TRD's Amir Korangy #shorts

Yesterday, after more than a year in custody, Tal, Oren and Alon Alexander entered a Manhattan courtroom to face federal sex trafficking charges. The day began with opening statements from both the prosecution and the defense, and concluded with testimony from the first witness and the start of cross-examination.

Inside Day 1 of the Alexander’s’ trial #shorts

A+ or D? That’s how split the market is. We hit the REBNY Gala red carpet and asked top industry players — Jeff Gural, Kelly Mack, Bruce Mosler and more — one question: What grade would you give the NYC real estate market right now?

What grade would you give the NYC real estate market right now? | REBNY Red Carpet 2026

Restaurateur and Catch Hospitality Group co-founder Eugene Remm sits down with TRD’s Amir Korangy for Coffee Talk to discuss building a hospitality empire from a love of food, landing coveted reservations at NYC hotspots like The Corner Store and The Eighty Six, the role of real estate in restaurant success, working with billionaire Tilman Fertitta, and more.

Catch’s Eugene Remm reveals how to secure reservations at The Corner Store, The Eighty Six & more

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.

Ron Burkle rescues Soho House $2.7B privatization plan #shorts

What began as a distressed Midtown office deal has turned into a high-stakes legal battle among New York real estate heavyweights. A judge has temporarily halted Gary Barnett’s planned UCC auction at Worldwide Plaza, forcing tough questions about whether the sale is fair or designed to lock in control. With the building’s value having collapsed and hundreds of millions at stake, the fight between Extell, SL Green, and RXR could decide who controls one of Midtown’s most troubled former trophy towers.

How Worldwide Plaza became a legal fight among real estate heavyweights

Experience the pinnacle of cosmopolitan living at One Wall Street, where historic Art Deco grandeur meets the visionary design of Artefacto. In this exclusive look, Artefacto Co-CEO Pietro Bacchi joins Sales Directors Jacob Franco and Lenny Inzerillo to showcase a partnership that is helping drive luxury sales in the Financial District.

Artefacto elevates One Wall Street with curated design, accelerating sales | Brand Studio

Trump wants to ban big investors from buying single-family homes. He says corporate landlords are pricing you out, and he wants Congress to stop them. Critics agree they're a problem… but the data says institutions still own a relatively small slice of the market.

Trump puts institutional single-family home investors in crosshairs |

The Venezuelan corruption crackdown is reverberating through U.S. real estate. Watch as Hannah Kramer unpacks how money tied to Venezuela's political elite, the boliburguesía, has poured into American property for years, with federal authorities tracking and seizing billions in real estate linked to corruption and money laundering investigations.

After Maduro’s capture, U.S. real estate is back in the crosshairs

One year after the LA wildfires, Angelenos are still rebuilding buildings. In the fall, TRD gathered top real estate professionals to talk rebuilding efforts, trace divides in the community on the best path forward amidst of an ongoing housing crisis, and discuss why real estate has never been more important for the city. Watch the full video at the link in bio. Watch the full video at the link in the comments.

Rebuilding Los Angeles: LA hits one-year anniversary of devastating wildfires

Every month, The Real Deal brings the biggest stories in real estate to life in its flagship magazine. This year, that meant surveying the damage after Los Angeles' devastating wildfires, mapping billionaire developer Steve Witkoff’s journey to the Middle East and more. Watch publisher Amir Korangy and creative director Paul Dilakian pull back the curtain on the year’s biggest headlines and explain how TRD’s cover stories came to be.

What shaped real estate in 2025: behind The Real Deal's stories on wildfires, Witkoff, Mamdani &more

Who's standing alongside Zohran Mamdani as New York's next housing agenda takes shape? Watch as we break down the early hires and advisers who will steer development, permitting, affordable housing finance and tenant enforcement — from pipeline pros to housing wonks to tenant organizers, and everyone in between.

How will Zohran Mamdani’s administration selects affect real estate in NYC? #shorts

Kent Swig—real estate developer, president of Swig Equities, and co-chairman of Brown Harris Stevens—says success in managing billions of dollars in real estate comes down to “the three B’s: brokers, buildings, and bankers.”

Kent Swig on how his family built it's billion-dollar dynasty, talks marriage to Liz Macklowe & more

Who'd invest in a neighborhood so dumb its name is literally DUMBO? As it turns out, a whole lot of people.

How Brooklyn's abandoned waterfront in DUMBO became one of its hottest neighborhoods

While it may have peaked, migration to Florida is still going strong, and agents need a reliable moving partner to help their clients complete the final leg of their home purchasing journey. Watch our latest video at the #linkinbio to learn how Roadway Moving works with agents to give clients a white glove moving experience.

The moving partner agents can trust | Brand Studio

In 1978, artists named their Brooklyn waterfront neighborhood “DUMBO” in an attempt to deter gentrification, but the effort ultimately failed. After developer David Walentas began purchasing large amounts of property in the early 1980s, the former industrial area gradually transformed, particularly following a 1997 rezoning that allowed residential conversions. Once home to factories and later artists, DUMBO has since become a major tourist destination and one of New York City’s most expensive neighborhoods, shaped by strategic development and its preserved creative identity.

From Industrial Waterfront to DUMBO: How the Neighborhood Was Made

Locked-in low mortgage rates have kept homeowners from trading up or moving on in many markets across the country. But not these.

Top 5 US cities people are leaving #shorts

TRD took a New York Minute to meet the founding partners of the Highland Group Christie’s International Real Estate Group. The Group’s office in historic Westfield serves as their base of operations across the Garden State, where they’re leveraging the Christie’s brand to deliver bespoke service to clients looking to buy and sell luxury real estate.

Christie’s International Real Estate Group, the Michelin Star of real estate | Brand Studio

A Massachusetts jury convicted Brian Walshe of first-degree murder in the death of his wife, Tishman Speyer executive Ana Walshe, closing a case that has haunted the real estate world since she vanished around New Year’s 2023.