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The Real Deal New York

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CONGRESS PROBES JARED KUSHNER'S DEALINGS AMID 666 FIFTH AVENUE SALE

Congress is upping the ante in a probe of Jared Kushner's diplomatic dealings around the time of his family firm's sale of a prominent...

“DISCOUNTS ARE NEXT”: BUYERS TARGET NEW CONDOS' LOWER-PRICED UNITS

After months of whiplash in residential markets, November brought some welcome stability to new development sales in New York. Developers...

 
 
 

CENTRAL PARK TOWER CONDO SELLS FOR $20M OFF ASKING

It's not too late to get a discount at Gary Barnett's Central Park Tower. Unit 122 at 217 West 57th Street closed for $45 million,...

END OF A RELATED ERA: STEVE ROSS CONFIRMS SPLIT WITH JORGE PÉREZ AS FIRMS EXPAND IN SOUTH FLORIDA

Billionaire developer Steve Ross was ahead of the curve when he first invested in South Florida real estate in 1979 with his partner,...

 
 
 

THE CONSPIRACY THEORIES PLAGUING REAL ESTATE

Forget what you learned about the birds and the bees. Some people are convinced that well-off New Yorkers are products of real estate,...

EVEN LUXURY RENTS NORMALIZE AS OVERALL MARKET SOFTENS

Since summer, the median price on a Manhattan apartment has held steady as rents had risen as high as inflation-battered tenants could...

 
 
 

JONATHAN LANDAU LEAVES FORTIS TO LAUNCH FIRM

Jonathan Landau has stepped down as CEO of the luxury property developer Fortis Property Group to start his own firm. The former chief...

TITLE INSURER DOMA CUTS 40% OF WORKFORCE IN THIRD WAVE OF LAYOFFS

Doma executed its third - and largest - wave of layoffs in seven months, this time shedding 515 employees. The digital title insurance...

 
 
 

SB DEVELOPMENT, HAZELTON CAPITAL SCORE $62M LOAN FOR LIC CONDO TOWER

Joseph Stern's SB Development and Hazelton Capital Group are the latest developers to score a condo inventory loan to get their project...

RECHLER, QATARIS JOIN ORBACH AND GOTLIB'S $850M APARTMENT DEAL

Scott Rechler's RXR and Qatar's sovereign wealth fund joined Meyer Orbach and Josh Gotlib on their $850 million purchase of three apartment...

 
 
 

CRE FINANCE PLATFORM LEV LAYS OFF CHUNK OF STAFF

Fast-growing CRE financing startup Lev cut around 30 jobs last week - which its chief executive said represented less than 30 percent...

“THIS ISN'T FTX”: STERNLICHT WAVES OFF REIT WITHDRAWAL PANIC

Barry Sternlicht said limits on withdrawals from non-traded REITs like the ones run by his Starwood Capital Group and the Blackstone...

 
 
 

OH, RATS! ERIC ADAMS CONTESTS SUMMONS FOR INFESTATION

For once, it's not the rats who are absolutely going to hate this announcement - it's the mayor. Eric Adams had his day in virtual...

DOUGLASTON CEO SEES 421A DEAD UNTIL 2026

The governor and real estate industry are gearing up to revive 421a, but developers should not count on success next year. Or the year...

 
 
 

IBUYING ON THE BRINK: WHERE DOES THE CONTROVERSIAL HOMEBUYING MODEL GO FROM HERE?

IBuying was feared to do to real estate agents what Expedia did to travel agents - render them extinct. So far, however, it's the iBuyers...

HOW CRE BROKERAGES ARE RESPONDING TO I-SALES SLOWDOWN

Budget managers at big commercial brokerages have traded in their kitchen scissors for industrial chainsaws. What was a delicate approach...

 
 
 

TRUMP ORG CONVICTED OF CRIMINAL TAX FRAUD

A jury on Tuesday found affiliate companies of the Trump Organization guilty of nine counts of tax fraud and related crimes. The two...

RYAN GORMAN OUT AS COLDWELL BANKER CEO

Ryan Gorman, the CEO of brokerage behemoth Coldwell Banker, is leaving the company, The Real Deal has learned. Coldwell Banker staff...

 
 
 

FORMER LT. GOV. BRIAN BENJAMIN SKATES ON THREE CHARGES IN FRAUD CASE

A federal judge dismissed three charges against former New York Lt. Gov. Brian Benjamin stemming from allegations of campaign finance...

BROOKFIELD BUYS CSX INDUSTRIAL SITE IN NORTHERN NEW JERSEY FOR $67M

Brookfield Asset Management bought an industrial and rail facility in Northern New Jersey from CSX for $67.3 million as the investment...

 
 
 



Celine Dion reveals she has incurable condition

Celine Dion reveals she has incurable condition

The world-famous singer has told her fans she was diagnosed with stiff person syndrome The world-renowned Canadian singer Celine Dion has opened up about some serious health... Read more ...

FDA authorizes bivalent COVID-19 boosters for children as young as 6 months

FDA authorizes bivalent COVID-19 boosters for children as young as 6 months

The Food and Drug Administration on Thursday announced it has expanded the emergency use authorization for the bivalent COVID-19 booster to include children between the ages of... Read more ...

Report: Falcons to Bench Mariota, Start Rookie Ridder

Report: Falcons to Bench Mariota, Start Rookie Ridder

Atlanta will take a look at the future after its bye. The Falcons are set to bench veteran quarterback Marcus Mariota and start rookie Desmond Ridder , NFL Network's Ian... Read more ...

Report: Mayfield Could Start for Rams on Thursday

Report: Mayfield Could Start for Rams on Thursday

The newest Los Angeles quarterback could start Thursday night if Wolford can't go. Despite just getting picked up on waivers Tuesday , Baker Mayfield could very well start for... Read more ...

Red Sox's offseason hits new low as Boston fails to re-sign Xander Bogaerts...

Red Sox's offseason hits new low as Boston fails to re-sign Xander Bogaerts with unserious offer

'We tried' has become the common theme of Boston's offseason Read more ...

ATF increases reward for information on who fired shots into Hamilton County...

ATF increases reward for information on who fired shots into Hamilton County prosecutor's residence

The Bureau of Alcohol, Tobacco, Firearms and Explosives is looking for information leading to an arrest after shots were fired into the home of a Hamilton County prosecutor. Read more ...

Save up to 40% on celeb-loved styles in Reformation's Winter Sale

Save up to 40% on celeb-loved styles in Reformation's Winter Sale

Recreate celebrity looks for less with deep discounts on everything from Taylor Swift- and Selena Gomez-loved sweaters to J.Lo's honeymoon dress. Read more ...

Odell Beckham's driver: He's signing ‘right here' with Giants

Odell Beckham's driver: He's signing ‘right here' with Giants

Daniel Chalet - a.k.a. Danny Boy Hustle Hard - is "the official driver" for Odell Beckham and Saquon Barley, according to his Instagram bio. Read more ...

House approves bill to guarantee same-sex, interracial marriage rights in...

The House gave final approval to protections for same-sex marriages, a monumental step in a decadeslong battle for nationwide recognition of such unions that reflects a... Read more ...

Foundation pays off full mortgage for fallen Mass. State Police sergeant

Foundation pays off full mortgage for fallen Mass. State Police sergeant

Tunnels to Towers Foundation has paid the full mortgage of the Brockton home of a Massachusetts State Police sergeant killed by a drunk driver as part of its fourth annual... Read more ...