The New York Times plans to buy back its Manhattan headquarters at 620 Eighth Avenue in December for $245 million, the paper reported on Wednesday. The Times purchased the 52-story building for $619 million and moved…
After getting pummeled by Compass’ aggressive recruiting, Realogy Holdings says its rival is letting up. Four months after filing a wide-ranging lawsuit accusing Compass of “predatory” poaching, Realogy CEO Ryan Schneider described a dramatic drop in…
Japan’s Unizo Holdings has come to an agreement to sell the crown jewel in the $1.3 billion portfolio it’s been unloading amid a hostile takeover attempt back in Tokyo. The real estate private equity firm BentallGreenOak…
Zillow’s revenue doubled to a record $745.2 million during the third quarter, driven by its year-old iBuying program. The Seattle-based company said instant home-buying generated $384.6 million in revenue during the third quarter, up 55 percent…
A state law prohibiting anonymous property ownership through LLCs has been quietly altered after pushback from the industry. The law, passed in September, required LLCs involved in residential real estate transactions to disclose the identities of…
Much of the excitement around New York’s election Tuesday centered on the approval of ranked choice voting, but passage of a down-ballot question affecting projects has drawn the ire of some developers. The measure requires the…
The developer who built Netflix’s Manhattan offices is now making a play across the street from where Facebook and Apple are fighting for some of Manhattan’s choicest office space. Normandy Real Estate Partners signed a contract…
Uber’s ex-CEO is reunited with one of his biggest backers. …
New York–based real estate data firm Reonomy has raised another $60 million. The company, which provides information on close to 50 million properties across the U.S., said Thursday that Canadian firm Georgian Partners had led the…
Side, a VC-backed brokerage that provides white-label tools to agents who run their own businesses, has raised $35 million to fuel its national expansion. The Series C, led by Paul Levine of Sapphire Ventures, brings Side’s…
If the prevailing wisdom is that a) retail real estate is suffering and b) Chinese investment is on the wane, then Goodwin Gaw’s recent investment is a head-scratcher. Over the summer, his real-estate-focused private equity firm,…
Lawsuits, they will come and they will go. A wacky “no Stevie Nicks” clause figures in a suit by landlords claiming they never broke a contract (never broke a contract) with a proptech startup. The landlords…
The Real Estate Board of New York and the Building and Construction Trades Council, two groups that have historically clashed on development policy, plan to team up. The groups announced on Thursday an agreement to form…
On Tuesday night, as polls neared closing in a referendum on short-term rentals in Jersey City, Airbnb fired off an email accusing Mayor Steve Fulop of “prohibited electioneering.” The attached video — a grainy, four-second exchange…
As the flow of deliveries continues to increase, New York City residential buildings have implemented high-tech solutions….
From millennials to boomers, different age groups use the internet differently to buy homes — but they have more in common than you might think….
Every weekday The Real Deal rounds up New York’s biggest real estate news. We update this page throughout the day, starting at 9 a.m. Please send any tips or deals to [email protected] The City Council is mulling…
As it looks to pay down debt, Realogy — the country’s largest brokerage conglomerate — is selling its relocation business in a deal valued at $400 million. Saddled with $3.5 billion in total debt, Realogy said…
The Las Vegas City Council has approved a controversial ban Wednesday that makes it illegal to camp or sleep on the streets in certain parts of the city, …
As lawmakers considered changes to the rent laws earlier this year, two of the city’s largest landlords floated an alternative plan. And the proposal, which was never made public, could be a starting point for future…
