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The Real Deal New York

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“MORE CHURROS, LESS COPS”: VENDORS AND RELATED FACE OFF

Restaurants inside the Hudson Yards mall have struggled through the pandemic, but now a food fight has erupted outside, pitting street...

NY TAX OFFICIALS CRACK DOWN ON REMOTE WORKERS

Tax officials in New York state are taking a closer look at the refund claims of folks who traded a desk in New York for their out-of-state...

 
 
 

YANG TARGETS VACANT LOTS WITH $900 MILLION TAX PLAN

Andrew Yang sees nearly $1 billion in untapped property tax revenue sitting in New York City's vacant lots. The contender for mayor...

NOMAD HOTEL HEADS BACK TO THE AUCTION BLOCK

The owners of the NoMad Hotel - who shelled out big bucks a few years ago to avoid foreclosure at the 11th hour - have their backs...

 
 
 

40 WALL'S VALUATION CHOP MEANS TAX SAVINGS FOR TRUMP ORG

The market values of office towers have plummeted during the pandemic, declines that could equal discounts for Donald Trump. The former...

FIDI CONDO GLUT IS THROUGH THE ROOF

Since Covid rendered walkable commutes a bygone amenity, the Financial District's condo supply has surged. And there are still few...

 
 
 

THESE PROPERTIES COULD FACE SLIGHT CREDIT RISK UNDER LOCAL LAW 97: MOODY'S

In 2024, the owner of the former AT&T Long Distance Building at 32 Sixth Avenue could face $2.8 million in fines. The owner of the...

VIRTUAL BROKER EXP REALTY HAS ANOTHER RECORD QUARTER

EXp Realty started 2021 off real strong. Revenue at the virtual brokerage increased 115 percent to $583.8 million in the first quarter...

 
 
 

CHELSEA HOTEL OWNERS SUE CITY FOR $100M OVER RENOVATION DELAYS

The Chelsea Hotel was once a bohemian utopia, home to the likes of Leonard Cohen and Patti Smith, and inspiring countless other artists....

LANDLORD GROUP CHALLENGES STATE EVICTION BAN

One day after a judge struck down the federal eviction ban, a landlord lobby is taking aim at New York's statewide moratorium. The...

 
 
 

POCKET LISTINGS EXCLUDE MINORITY HOMEBUYERS, REDFIN CEO SAYS

Off-market listings have long been a controversial topic, with agents who oppose them claiming they provide an unfair advantage to...

“TSUNAMI OF CHANGE” IN BLUE STATES A “DANGEROUS GAME,” SAYS BARRY STERNLICHT

Starwood Property Trust CEO Barry Sternlicht said New York's rent laws place so many restrictions on building owners that a friend...

 
 
 

NEWMARK POSTS RECORD Q1 REVENUE

Newmark posted record revenue in the first quarter of 2021 thanks to gains in its management services and leasing businesses. The brokerage...

GOOGLE'S HYBRID MODEL WILL ALLOW 20% OF EMPLOYEES TO WORK REMOTELY

Google's future in a post-pandemic world is looking pretty flexible. Parent company Alphabet announced a series of changes to the company's...

 
 
 

RENTS RISE ACROSS COUNTRY AS ECONOMY REBOUNDS

Rents are going up, which is bad news for tenants staring down eviction. The median monthly charge on a vacant rental saw a $185 annual...

ELLIMAN REPORTS $14M QUARTERLY PROFIT, 65% REVENUE JUMP

Douglas Elliman's revenue surged in the first quarter and Howard Lorber believes this is only the beginning. The brokerage's first-quarter...

 
 
 

TWO LANDLORDS HIT WITH BIG FINES FOR ILLEGAL SROS, RESI ADDITIONS

Two landlords - one in Brooklyn and the other in Queens - racked up almost $200,000 in fines in March for illegally adding units to...

THESE WERE THE LARGEST MANHATTAN REAL ESTATE LOANS IN APRIL

The 10 largest Manhattan real estate loans recorded in April totaled about $790 million, less than half of March's total. Once again,...

 
 
 

TOMMY HILFIGER SELLING WATERFRONT SOUTH FLORIDA MANSION TO GRANT CARDONE FOR $28M: SOURCES

Tommy Hilfiger and his wife, Dee Ocleppo Hilfiger, are selling their oceanfront Golden Beach estate for about $28 million to real estate...

SL GREEN TO OFFER FLEX OFFICES AT ONE VANDERBILT

One of Manhattan's biggest office landlords is hopping on the flex-office bandwagon. SL Green will dedicate the entire 54th floor of...

 
 
 



Mets' top pitching prospect Matt Allan needs Tommy John surgery

Mets' top pitching prospect Matt Allan needs Tommy John surgery

Mets' top pitching prospect Matt Allan has been dealt a serious blow. He will be undergoing Tommy John surgery. Read more ...

Trump DOJ secretly pulled Washington Post reporter phone records, and tried...

Trump DOJ secretly pulled Washington Post reporter phone records, and tried to score email records

Summary List Placement In the early days of the Trump administration, the Justice Department covertly pulled phone records from several Washington Post journalists and also... Read more ...

Ohio GOP Censures Rep. Anthony Gonzalez Over Trump Impeachment Vote

Ohio GOP Censures Rep. Anthony Gonzalez Over Trump Impeachment Vote

Gonzalez and nine other House Republicans voted to impeach Trump following the deadly Jan. 6 assault on the U.S. Capitol by pro-Trump rioters. Read more ...

Cubs hang on to beat Pirates 3-2, win 4th in a row

Cubs hang on to beat Pirates 3-2, win 4th in a row

CHICAGO - Zach Davies allowed five hits in seven scoreless innings, Rex Brothers got his first save in eight years and the Chicago Cubs held on to beat the Pittsburgh Pirates... Read more ...

Pelicans furious over Zion Williamson injury: ‘Open season'

Pelicans furious over Zion Williamson injury: ‘Open season'

It's unclear exactly when Pelicans star Zion Williamson fractured his finger, but the team sure knows how it happened. Read more ...

Bus driver accused of having gun on school bus

Bus driver accused of having gun on school bus

A school bus driver is facing charges after allegedly bringing a loaded gun onto a bus. Read more ...

Pfizer Seeks Full FDA Approval For COVID-19 Vaccine

Pfizer Seeks Full FDA Approval For COVID-19 Vaccine

The agency's approval of the Pfizer-BioNTech vaccine - shown to be 95% effective - would go beyond the speedier and less rigorous emergency use authorization currently granted... Read more ...

The economist who was off by 1.8 million in Friday's jobs report explains...

The economist who was off by 1.8 million in Friday's jobs report explains why she's doubling down on her call for stellar job growth

Summary List Placement Having the least-correct forecast for April payrolls isn't swaying Aneta Markowska, chief economist at Jefferies. The US added just 266,000 payrolls last... Read more ...

No one injured when bowling ball crashes through school bus window in Franklin

No one injured when bowling ball crashes through school bus window in Franklin

Franklin police are trying to figure out how a bowling ball crashed through the window of a school bus. Read more ...

Voter ID is a flashpoint in Pennsylvania election law talks

Voter ID is a flashpoint in Pennsylvania election law talks

Read more ...