Shuttered Philadelphia Refinery May Get New Life After Fire
The size and location of the parcel make it an attractive piece of real estate, but its future is clouded by questions of viability….
After Miami Buildout, Developers Converging on Coral Gables
A development boom in Coral Gables has spurred controversy, but most the historic city’s residents and future buyers are seeking luxurious new developments. …
Adam Neumann could reap $2B from WeWork golden parachute
Adam Neumann’s golden parachute could be the gift that keeps on giving. According to the Financial Times, the WeWork co-founder owns millions of “profit interests” in the co-working firm, which means that if WeWork goes public,…
Tales of turmoil as REBNY’s RLS board picks Perchwell for new product
The Real Estate Board of New York’s RLS Board has reached an agreement with venture-backed startup Perchwell to operate its back-end system, The Real Deal has learned. The 10-member board reached the decision to replace national…
Records, records and more records: Resi deals set higher bar in 2019
Ken Griffin. Jeff Bezos. Sting. These were just three of the A-listers that closed on pricey Manhattan real estate in 2019. With closings well underway at 220 Central Park South, seven of the year’s top 10…
3 ‘Strong Buy’ Stocking Stuffers
As a deep value investor, the objective is to screen for the cheapest stocks to own, without sacrificing quality. …
For a Star of ‘Prodigal Son,’ a Place to Watch the World Go By
When Bellamy Young moved to New York for the new Fox series, she wanted big windows so she could watch the city ‘the way some people watch a fish tank.’…
Three listings asking more than $20M went live last week
There’s something in the air and it’s not just holiday spirit. As Manhattan’s luxury market is seeing its busiest December in years when it comes to contract signings, listings with high price tags are hitting the…
Twelve Interior Design Trends We’ll See In 2020
Interior designers share their predictions for the next decade. …
12 Interior Design Trends We’ll See In 2020
Interior designers share their predictions for the next decade. …
Behold the largest projects of 2019
More than two years ago, the city rezoned more than 70 blocks in Midtown East, paving the way for some 6.5 million square feet of new office space. The first major project to take advantage was…
Analysts still baffled by Brookfield’s big bet on malls
Brookfield Asset Management’s massive investment in malls looks riskier than ever. Since its nearly $15 billion acquisition of General Growth Properties in 2018, Brookfield Property Real Estate Investment Trust, a publicly-traded vehicle formed after the purchase,…
Two of Elliman’s big hitters join Compass
Darren Sukenik and Benjamin Glazer, two of Douglas Elliman’s heavy hitters in new development, have decamped to Compass. Their seven-person team, which was Elliman’s top team in Tribeca and Greenwich Village last year, joined the Softbank-backed…
Prospect-Lefferts Gardens is getting a new 165-unit apartment building
A Queens-based family firm filed plans on Friday for a new apartment building in Prospect-Lefferts Gardens. K2 Real Estate Partners filed plans for an eight-story, 161,000-square-foot apartment building at 210 Clarkson Avenue, Department of Buildings records…
Developers call Inwood ruling another blow in war against them
Developers say a judge’s ruling last week against the Inwood rezoning was a stunning example of why they feel under attack by New Yorkers. In a decision that surprised even its supporters, New York Supreme Court…
Busiest December in years for Manhattan luxury property deals
Don’t look now, but there’s a rally of sorts in New York’s luxury market — spurred by price chops, not bidding wars. More than 60 contracts have been signed this month for Manhattan homes at prices…
3 Situations When It Makes More Sense To Rent A Home Instead Of Buying One
Sometimes it does make more sense to rent. …
Add Falling Ice From Glass Towers to a New Yorker’s List of Worries
Smooth exteriors and sloped surfaces increase the surface area for ice to form….
Even foes of Inwood rezoning shocked by its reversal
When a judge overturned the Inwood rezoning last week, developers were shocked. So were the activists who opposed the rezoning. During an extended long-shot campaign, a coalition of community organizations, under the banner Northern Manhattan is…
David Bowie’s onetime condo, up for lease in West Hollywood, has seen some changes
The unit he shared with model Iman is available furnished for $5,900 a month. …
