Maddd Equities, NYCFC nearing deal for Bronx stadium
Jorge Madruga and the New York City Football Club are closing in on a deal to build a $1 billion development in the Bronx that will include a new soccer stadium. Madruga’s Maddd Equities and…
TRD on TV: Erin Hudson talks broker-fee shocker on CBS
TRD reporter Erin Hudson broke the news Wednesday that New York landlords, not tenants, would be obliged to pay broker fees for agents representing property owners. The news from the Cuomo administration came as a…
Real Estate Industry Lawsuit Seeks To Block New York City Broker Fee Ban
The lawsuit will allege that the Department of State “usurped its role by engaging in improper rulemaking rather than following the necessary and required legal procedures for implementing a new regulation.” …
Real Estate Groups to Challenge Ban on Broker Fees for Renters
A lawsuit will accuse New York State of abusing its authority in issuing a rule that has upended the industry. …
“Good cause” eviction bill amended, advances in Albany
New York landlords’ worst nightmare, the “good cause” eviction bill, is on the move. State Sen. Julia Salazar’s bill was amended Thursday to allow for a rent increase of 3 percent or 150 percent of…
One year later, Amazon Effect still felt in LIC, citywide
For a while, people thought Josh Schuster, the managing principal of Silverback Development, was a genius. Just a few weeks after Amazon announced in late 2018 that it would open an East Coast headquarters in…
Spurs coach Gregg Popovich courts buyer for San Francisco condo
In San Francisco’s Presidio Heights neighborhood, Spurs coach Gregg Popovich has listed his three-bedroom condo for sale at $2.675 million. …
‘Grey’s Anatomy’ actor Kevin McKidd sells Hollywood Hills villa
‘Grey’s Anatomy’ star Kevin McKidd has sold his Hollywood Hills home of more than a decade for $1.807 million. …
Manhattan DA drops charges against developer Michael Shah
The Manhattan district attorney’s office dismissed all charges Friday against developer Michael Shah months after ex-girlfriend Bhavana Chamoli alleged that he attacked her. Shah had been arrested in September on harassment and assault charges after…
Real estate industry to sue NYS over rental commission ban
Faced with the prospect of losing millions of dollars in commissions, the real estate industry plans to sue state regulators to block a new policy that would end some tenant-paid rental fees. The Real Estate Board…
Ignore or adhere: Brokerages divided in response to rental fee ban
Sarah Saltzberg got an email alerting her to state regulators’ new interpretation of the rent laws at just after 9 p.m. on Tuesday. “This blindsided us,” she said. “The sky is blue. Now all of a…
Casino Operator Wynn Resorts Is Losing Up To $2.6 Million Per Day From Coronavirus Shutdown
The company indicated that its business in China could be severely affected by coronavirus closures. …
Broker fees for NYC rentals mystified outsiders. Here’s how other US cities do it
New York City’s rental market broker fee system, which has been especially perplexing for out-of-towners, is now mostly a thing of the past. But outside the five boroughs, just how rare is the practice of tenants…
Home-valuation startup closes $65 million funding round
A fintech firm peddling alternative home valuations for institutional investors just closed a $65 million funding round. House Canary, which automates the sometimes costly and lengthy process of home valuations, just closed a $65 million funding…
Metrics With Impact: Why Building More Won’t Be Key To Tomorrow’s Success
A leadership expert, a builder and a manufacturer share on why they changed organizational metrics. …
Barnett refis Diamond District assemblage with $300M loan
Gary Barnett refinanced his big Diamond District assemblage with more than $300 million from JPMorgan Chase. The bank lent Barnett’s Extell Development $305 million for a baker’s dozen of properties along Fifth Avenue and around West…
Approximately 25% Of Refinance Applications Get Denied Each Year. Here’s What You Can Do To Increase Your Odds Of Being Approved.
Follow these steps to avoid being part of that percentage. …
Thinking Of Refinancing Your Home? Here’s What You Can Do To Get Your Application Approved.
According to a new study by LendingTree, on average, approximately 25% of those who have tried to refinance ultimately had their applications denied. Follow these steps to avoid being part of that percentage. …
Joseph Gordon-Levitt takes a loss on Franklin Hills home
Actor Joseph Gordon-Levitt just sold his Franklin Hills home for $3.08 million, or $170,000 less than he paid for it five years ago. …
The best apps for residential brokers, according to LA agents
Brokers in Los Angeles are constantly on the move, which means they rely on their phones for everything, perhaps even more than the average civilian. Below, agents review the apps that have been lifesavers in the…
