How-To Books for an Age of Insecurity
Interested in learning how to knit your own socks, make cheese or grow medicinal herbs during your home quarantine? You’re not alone….
Brother from the same mother: Knotel, Rhino CEOs didn’t disclose family tie on insurance deal
When flex-office provider Knotel struck a deal with insurance startup Rhino, the two firms failed to disclose that their CEOs were related. Knight RE — which backstopped surety bonds Rhino issued on two Knotel leases —…
New twist in decade-long landlord-tenant fight
After 10 years and two attempts to oust Abdelhakim Houmita from his rent-stabilized apartment, a Long Island City landlord is hoping the third time will be the charm. In the saga’s latest chapter, Collpoint Enterprises, an…
New Home Building Sentiment Picks Up After Record Coronavirus Slump
Homebuilders’ rather bleak sentiment about the state of their industry last month seems to be now slowly improving as states lift stay-at-home orders and home shoppers return to the market. …
CoStar unmoved as NYC brokers seek discounts
With commercial brokerage “shut down,” dozens of New York firms are asking CoStar Group to discount the hefty subscription fees they pay to the data giant each month. In a letter, 52 independent firms said the…
Editor’s note: One nation, under Covid
After more than 17 years of coverage that’s spread from New York and its surroundings to South Florida, Los Angeles and Chicago, we’re excited to present a combined issue that brings The Real Deal’s stories to doorsteps around…
J.C. Penney to close 242 stores in bankruptcy restructuring
Department store J.C. Penney announced Monday it plans to close 242 stores across the country as part of its bankruptcy restructuring. The 118-year-old company filed for bankruptcy Friday. The stores to be closed comprise about 30…
Actor Jackson Hurst sells Valley Village home for over asking
“Drop Dead Diva” actor Jackson Hurst just sold his remodeled home in Valley Village for $1.86 million, or $61,000 more than he was asking. …
EXCLUSIVE: CoStar’s Andy Florance on buying Ten-X, the future of office buildings and why brokers don’t need discounts
Commercial real estate is navigating perhaps its greatest challenge in a generation, if not more. Many of the world’s most prominent companies have indicated that their needs for office space will shrink dramatically, and some analysts…
Masa Son says Jesus Christ was also misunderstood
Masayoshi Son, whose SoftBank is facing $13 billion in losses thanks to splashy bets on flailing startups, made a surprising comparison on a private earnings call Monday. When analysts questioned the Japanese conglomerate’s dismal performance, Son…
NFL’s Charles Woodson sells Florida home of 22 years
In Orlando, Fla., NFL great Charles Woodson has sold his two-story home of 22 years for $670,000. …
Mystery investor dumps big stake in real estate fund
As stocks tumbled last week, an unknown institution sold more than 10.5 million shares of an exchanged-traded fund that tracks the S&P 500’s real estate sector. The $333 million securities dump represented 7.4 percent of outstanding…
Will More Americans Buy A Home Because Of Coronavirus?
Unlike conventional recessions that depress home buying and owning, the coronavirus slowdown might actually increase the U.S. homeownership rate….
Will More Americans Buy A Home Because Of The Coronavirus?
Unlike conventional recessions that depress home buying and owning, the coronavirus slowdown might actually increase the U.S. homeownership rate….
New Study Explores How Coronavirus Has Impacted Buyers In The Real Estate Market
Despite what the numbers suggest, the drive to own a home still seems to be alive and well….
“Lonely lotto winners”: Luxury contracts fall again in Manhattan
After a brief glimmer of activity, luxury deals have fallen again in Manhattan. There were just two contracts signed last week for properties above $4 million, according to the latest luxury report from Olshan Realty. That…
What Investors Need To Know About The New York City Housing Market For Q2
As multifamily investors look for data and insights on the real estate industry in the midst of uncertainty, 2020 Q1 data and the effects of the early stages of the pandemic are shedding some light on…
TRD‘s national May issue is live!
The Real Deal‘s first national issue is here! We’ve consolidated our best coverage across all of our markets this month to bring a robust national perspective that will help you stay ahead during the global pandemic…
Greg Norman tees up Colorado ranch at $40 million
Golfer Greg Norman has listed his 11,900-acre ranch in Colorado for $40 million. …
Hope springs ephemeral: Brooklyn luxe market retreats
The Brooklyn luxury market had its slowest week yet since the coronavirus began ravaging New York City: Only one contract was signed. The deal was for a condo at 425 3rd Street in Park Slope, which…
