Mondo condos: Manhattan’s four biggest projects of this cycle
The Real Deal broke down the sales data on the largest condominium projects of the current cycle by how many units are sold, in contract or unsold to show how they are weighing on the…
Former Goldman exec will be new COO at Silverstein Properties
Former Goldman Sachs executive Dino Fusco is joining Silverstein Properties as its chief operating officer, the real estate firm announced on Monday. Fusco previously worked as Goldman Sachs’ global head of corporate services, real estate…
Sorry, Renters: You Still Have to Pay Brokers’ Fees for Now
A New York judge’s ruling gave the real estate industry at least a temporary reprieve from a new state rule. …
Rental commissions are back — for now
Rental commissions are back! A New York judge granted a temporary restraining order Monday afternoon, halting a Department of State guidance barring tenant-paid rental commissions from going into effect. The guidance, circulated Feb. 4, would…
Actor Josh Lucas sells eco-friendly home in Hollywood Hills
Actor Josh Lucas, who recently appeared in the Oscar-winning film “Ford v Ferrari,” has sold his longtime home in Hollywood Hills for $2.197 million. …
“Good cause” by any other name: De Blasio calls for tenant protections
Mayor Bill de Blasio urged state lawmakers Monday to pass “universal renter protections” — but stopped short of explicitly throwing his support behind “good cause” eviction legislation. Testifying on the proposed state budget in Albany,…
Park Slope townhouse was Brooklyn’s priciest contract last week
A townhouse in Park Slope was the priciest residential deal to go into contract in Brooklyn last week. The five-bedroom unit at 106 Prospect Place went for about $7 million. It spans 5,000 square feet…
Spitzer, Related land $276M in financing for Hudson Yards senior housing project
Eliot Spitzer and Related Companies have landed $276 million in building and project loans for their 526-unit housing development in Hudson Yards. About a quarter of the units will be for senior housing. The loans…
Stop the “havoc and confusion:” Industry petitions to overturn ban on broker fees
Early Monday morning, attorneys for the real estate industry boarded a train to Albany to file a fiery petition seeking to overturn state guidance that they say has wreaked “havoc and confusion” on agents and…
‘Rancho Autry,’ crooner’s former Palm Springs estate, lists for $8.25 million
In the Palm Springs neighborhood of Old Las Palmas, the former estate of cowboy singer-actor Gene Autry is on the market for $8.25 million. …
Robert De Niro’s Wildflower Studios closes on $72M Astoria site
Robert De Niro’s new film production studio now has its development site in hand. Wildflower Studios closed on its purchase of a 5.25-acre waterfront parcel in Queens for about $71.6 million from piano-maker Steinway. It…
Phillies great Ryan Howard lists luxury condo in Philadelphia
In Philadelphia, retired Phillies slugger Ryan Howard is asking $6.495 million for his full-floor condo near Rittenhouse Square. …
5 Home Selling Etiquette Rules Every Seller Should Know
Every seller needs to know these rules. …
“I feel really bad for those agents”: What landlords and property managers are planning in wake of new broker fee rule
Within 36 hours of finding out about state regulators’ interpretation of the rent law, Lisa Management made the decision: they would no longer hire outside brokers. That meant offering one of the two brokers exclusively…
Jeff Sutton deal in Brooklyn leads mid-market investment sales
The $11.75 million sale of a two-story bank in Midwood led New York’s mid-market investment sales last week. Other deals included a six-story multifamily building and a four-story office. Here are the details: Jeff Sutton’s…
US mortgage rates hit 3-year low
Mortgage rates have hit their lowest level in more than three years, which could provide a boost to the country’s housing market heading into spring. The 30-year fixed-rate average fell to 3.45 percent, according to…
WeWork’s Marcelo Claure promises profitability, talks SoftBank shakeup
Marcelo Claure said WeWork’s new plan for profitability makes the firm a good investment for SoftBank, but investors still have questions. During an interview with Andrew Ross Sorkin on CNBC, Claure spoke about the beleaguered…
Rockrose plans a $100M resi tower in LIC
Rockrose is planning a new residential project in Long Island City. The company, run by father and son Henry and Justin Elghanayan, has bought a cab service and dispatch station at 27-34 Jackson Avenue, where…
NYC’s 10 biggest new real estate projects
New York’s life-sciences sector got a major boost last month. A roughly 418,000-square-foot building from NYC Health + Hospitals in Manhattan’s Alexandria Center for Life Science was the largest project filed in January — by…
$750,000 Homes in California
A traditional ranch-style house in the San Fernando Valley, a 1965 cottage on the Russian River and a two-bedroom condominium in San Francisco. …
