What Does The Future Hold For Malls? Look To Simon Property Group.
Simon remains in arguably the best position to survive long term as a premium mall owner, but doing so will take constant investment and reinvention. …
Can AI Better Match Luxury Real Estate Agents With Well-Heeled Buyers?
Nascent technologies and AI can assist high-end real estate agent reach more buyers and better communicate with them, but old-fashioned personal networking is still crucial in a sector driven by customization and individual attention. …
Long Island brokers subpoened to testify in housing discrimination probe
State lawmakers are now subpoenaing Long Island brokers to testify over allegations of widespread bias in the real estate industry after 67 of 68 industry representatives failed to show up to a December hearing. The…
Miami Beach Office Building Listed For $45 Million
The Miami Beach submarket’s total vacancy rate in Q4 2019 was 9.7%, the lowest outside of Miami’s central business district, which includes downtown Miami and Brickell, per the JLL report. …
Post-WeWork debacle, SoftBank will map out strategy to investors
SoftBank CEO Masayoshi Son will map out the company’s strategy at a New York investor meeting for the first time since WeWork’s implosion led to another huge investment in the co-working firm. Elliott Management Corp.,…
Developer Gary Tsan buys Flushing property for $60M
Local developer Gary Tsan has purchased one of Downtown Flushing’s last remaining large land parcels for $60 million, according to sources familiar with the deal. The roughly one-acre lot is based at 133-25 37th Avenue…
Brookfield’s Ric Clark steps back from day-to-day role
Ric Clark is stepping back from his day-to-day duties at Brookfield. Clark will serve as a senior adviser and remain chairman of Brookfield Property Group, Brookfield Property Partners and Brookfield Property REIT, Commercial Observer reported….
How to Bring the Vision of an Instagram Decor Influencer Into Your Home
Farah Merhi endorses cozy glamour and she has nearly 6 million followers. …
Experts: Surprise Inspections No Cure-All For Construction Violations
Spot checks by teams of New York City inspectors should not be seen as a panacea for the problem of rising construction site injuries. According to construction industry tech solution providers, only changing what they…
The May 1 Ban On Pocket Listings Will Marginally Benefit Buyers And Hurt Sellers
In any industry, insider information is valuable. Having a tip gives you an advantage. It has been the MO of successful real estate agents for decades, but business as usual is coming to a halt….
In Tribeca, an alley fight for the ages
Neighbors, landlords and a developer on a Tribeca block have for four years been at war with each other over who can park in a private alleyway called Franklin Place. And more than once, city…
Miles C. Bates’ Wave House finds new life in Palm Desert
In Palm Desert, Miles C. Bates’ stylish Wave House has a bright future in store after a dramatic restoration. …
How Will Artificial Intelligence Change The Commercial Real Estate Industry?
The time for digital transformation of the real estate industry is here. …
The Art, Science, Technology And Timing Needed To Disrupt The Real Estate Industry
How has the largest asset class — the real estate industry — in the world gone this long without being disrupted like the retail, lodging and transportation industries? …
How Monique Lombardelli keeps Joseph Eichler’s spirit alive
Bay Area real estate agent Monique Lombardelli sells original Joseph Eichler floor plans to meet the demand for his Midcentury homes. Warning: no ugly changes allowed. …
Industrial Is Making Retail Properties Increasingly Obsolete
You can find good deals anywhere at any time and in any economic situation — you just have to do your homework to ensure you’re executing on the right investments for the right reasons. …
Ollie co-founders out at co-living startup
The co-founders of Ollie, a co-living startup, have left their roles at the firm, The Real Deal has learned. Chris Bledsoe, CEO, and Andrew Bledsoe, COO, left the company last month. An Ollie spokesperson confirmed…
Is It Just A Myth That Real Estate Is A Better Investment Than Stocks?
Owning real estate can certainly pay off, but to say it’s unequivocally a better investment than putting money in the financial markets is short-sighted. Investors should be careful not to let the implied cachet of…
Shock ruling could throw 200 Amsterdam loan into default
The surprising court ruling requiring developers to deconstruct 20-some floors of a nearly completed Upper West Side condo building could put the project’s financing in jeopardy. Sumitomo Mitsui Trust Bank, the Japanese lender that provided…
The Airbnb Effect On Housing And Rent
The influence of the so-called ‘Airbnb effect’ on local housing markets has grown into a significant cause for concern, particularly when looking at its impacts on housing stock, prices and communities. …
