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The Real Deal New York

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LUXURY APARTMENTS PIVOT TO VIRTUAL ACTIVITIES

About three months into quarantine, residents trapped in small apartments are going stir-crazy. That is unless they live in a luxury...

REAL ESTATE STOCKS RALLY ON STRONG MAY JOBS REPORT

Stock markets rallied on Friday following much stronger job gains in May than were expected, with many real estate companies beating...

 
 
 

AS BLACK LIVES MATTER PROTESTS RAGE ON, NEW YORK REAL ESTATE BLEEDS BLUE

Each year, titans of real estate get out their tuxedos and checkbooks and head to a ritzy gala to support their favorite city agency:...

JUDGE SUSTAINS REALOGY'S LAWSUIT AGAINST COMPASS

A New York judge has denied Compass' motion to dismiss an explosive lawsuit accusing the brokerage of “predatory” poaching and other...

 
 
 

OPPORTUNITY ZONES INVESTORS GET A COVID-19 LIFELINE

The federal government has extended the deadline for Opportunity Zone investors and developers to deploy capital and begin construction...

RELATED MARKETING NEIMAN'S HUDSON YARDS STORE AS OFFICE

With Neiman Marcus in bankruptcy, the Related Companies is marketing the department store's space at the Hudson Yards mall to office...

 
 
 

KEEP UP WITH OUR COVERAGE IN THE REAL DEAL‘S NEXT COMPLIMENTARY NATIONAL ISSUE

The Real Deal's last issue brought all of our markets together as the real estate industry grappled with the impact of a global pandemic....

ALICIA GLEN TO LAUNCH DEVELOPMENT FIRM, MSQUARED

Former Deputy Mayor and Goldman Sachs alum Alicia Glen is about to launch her own development firm to build middle-income housing in...

 
 
 

THE INTERVIEW: STATES TITLE'S MAX SIMKOFF ON REFORMING THE MURKIEST CORNER OF REAL ESTATE

If real estate is seen as a dinosaur when it comes to adopting technology, title insurance may be the industry's Argentinosaurus. The...

NYU'S SOCIAL-DISTANCE FIX FOR DORMS? LEASING HOTEL ROOMS

Colleges across the country sent students home in March because of the coronavirus. Now, they're debating when to bring them back -...

 
 
 

MIGUEL MCKELVEY OUT AT WEWORK

WeWork co-founder Miguel McKelvey is leaving the embattled co-working firm. “After 10 years, I've made one of the most difficult decisions...

REAL ESTATE AD DOLLARS VANISHED AS PANDEMIC SPREAD

Eyeballs were looking for real estate to ogle online, but developers pulled back on hawking their properties. The amount developers...

 
 
 

TRD INSIGHTS: THESE OFFICE LANDLORDS ARE MOST EXPOSED TO BIG TECH'S WFH MOVEMENT

Big Tech has been a major driver of office leasing activity in recent years. But that may soon change. The coronavirus pandemic has...

“CANCEL RENT” CAMPAIGN NOTCHES FIRST VICTORY, IN ITHACA

Ithaca's Common Council isn't waiting for the state legislature to cancel rent for the town's 7,500 renters - it is demanding that...

 
 
 

MANHATTAN DEVELOPERS DISCREETLY SHOPPING BULK CONDO DEALS

It's hard to sell one luxury apartment these days, but what about 20? In New York City, some developers are hoping to clear a glut...

WHAT IF WEWORK WENT BANKRUPT?

In April, a Manhattan landlord who leases a large space to WeWork received an email from a broker who was working on behalf of the...

 
 
 

DESPITE LOOTING, NYC REOPENING ON TRACK: CUOMO

Welcome to Plywood City. Grand opening is in four days. With the Big Apple's scheduled reboot nearly at hand, banners, balloons and...

SECURITY PROFESSIONALS REPORT UPTICK IN DEMAND AFTER LOOTING

Security professionals say they've seen an increase in demand after nights of looting in New York City. Retired police detective Bo...

 
 
 

“WE MUST DO BETTER”: REAL ESTATE LEADERS TAKE STEPS TO ADDRESS DISCRIMINATION IN INDUSTRY

Nationwide protests over the killing of George Floyd at the hands of police have quickly shifted to a larger discussion about the need...

KLÖVERN, GDS FINANCE 417 PARK AVE WITH $100M IN SWEDISH BONDS

Klövern AB and GDS Development Management are set to finance their latest acquisition by tapping an uncommon source of capital for...

 
 
 



Thousands of mourners assemble outside George Floyd's private funeral

Thousands of mourners assemble outside George Floyd's private funeral

Saturday's 3 p.m. funeral for George Floyd will be a private, friends and family service at a North Carolina conference center - but mourners numbering in the thousands have... Read more ...

From DC to San Francisco: Massive crowds gather in major cities to protest...

From DC to San Francisco: Massive crowds gather in major cities to protest the death of George Floyd

Thousands of protesters flooded the main streets, squares and bridges in nationwide protest over the death of George Floyd, leading some to question whether a second wave of... Read more ...

Honor A. P. wins Santa Anita Derby

Honor A. P. wins Santa Anita Derby

ARCADIA, Calif. - Honor A. P. won the $400,000 Santa Anita Derby by 2 3/4 lengths Saturday to move into the Kentucky Derby picture. Read more ...

Iowa places strength coach on leave after ex-players allege mistreatment

Iowa places strength coach on leave after ex-players allege mistreatment

Hawkeyes head coach Kirk Ferentz announced an independent investigation of Chris Doyle after black players spoke of incidents with him. Read more ...

National updates: A second memorial for George Floyd will take place after...

National updates: A second memorial for George Floyd will take place after another night of protests

The remembrance of George Floyd's life in the state he was born follows a night of de-escalation for protests in many cities across the U.S. Read more ...

Factory Discarding COVID-19 Swabs Produced During Tour By Unmasked Trump: Report

Factory Discarding COVID-19 Swabs Produced During Tour By Unmasked Trump: Report

Trump visited a plant that produces sterile swabs and mingled with workers who wore white lab coats, masks, gloves, hair coverings, goggles and booties. Read more ...

Thousands of protesters took to Washington, DC, for the city's largest...

Thousands of protesters took to Washington, DC, for the city's largest demonstration yet over George Floyd's death

Thousands of protesters marched through Washington, DC, on Saturday, demanding justice in the wake of George Floyd's killing in police custody on March 25. Similar... Read more ...

57 Buffalo officers quit special team after 2 officers suspended for...

57 Buffalo officers quit special team after 2 officers suspended for allegedly shoving man to ground

Fifty-seven police officers in Buffalo, New York, have resigned from the force's emergency response team following the suspension of two officers who allegedly pushed a... Read more ...

Devin Clark takes knee, raises fist in the air during UFC 250 intro

Devin Clark takes knee, raises fist in the air during UFC 250 intro

Devin Clark was the first fighter to protest Saturday night during UFC 250, showing solidarity with the Black Lives Matter movement in the wake of George Floyd's death. Floyd... Read more ...

Crews battle 40-acre fire in Sonoma County, Cal Fire says

Crews battle 40-acre fire in Sonoma County, Cal Fire says

Crews are battling a 40-acre fire in Sonoma County on Saturday, according to Cal Fire. Read more ...