Bronx deal cracks list of top outer-borough loans
For the first time since August, a deal not in Brooklyn or Queens has made the monthly top-10 list of outer-borough loans. Breaking through was a $155 million loan from PIMCO to Prime Storage for a…
A Year Of Rejuvenation For The U.S. Housing Industry
Despite a solid end to the decade for new home construction, the 2010s will likely be remembered as a decade of significant under-building of housing. …
The Taxman Cometh for Some Condos
Buyers, take note: Discounts can be found as thousands of luxury apartments are set to lose a valuable tax break in the midst of a softening resale market….
Tips For The First-Time Hotel Owner
In a career that has spanned more than 40 years, he has seen the three way pull between customers, management companies and the owners of the hotels. …
Jay Kriegel, Related senior advisor and former mayoral chief of staff, dies of cancer at 79
Jay Kriegel, a senior advisor at Related Companies and former chief of staff to Mayor John Lindsay, has died of cancer at age 79, a Related spokeswoman confirmed. Kriegel had a lengthy career in New York…
Inside Halstead’s festive re-creation of Studio 54
There was no sign of the struggling residential market at Halstead’s annual holiday party — only optimism, camaraderie and glitter. Tables with casino games (proceeds went to charity), a decadent candy table and a station dishing…
Catsimatidis scores approval for $300M tower in Florida
Greek billionaire John Catsimatidis landed approval for what could become the tallest condo tower on the west coast of Florida. Catsimatidis’ Red Apple Group received site plan approval from the St. Petersburg’s Development Review Commission on…
Check out Manhattan’s latest condo inventory stats
New development condo report Manhattan • Inventory contracted as developers filed fewer units than were purchased • Developers filed three plans with a total of 84 units • The state didn’t approve any plans for sale…
Breather bloodbath: Flex-office startup fires at least 10% of staff
Breather, an on-demand workspace company, fired at least 10 percent of its staff Thursday. The Montreal-based firm, which provides office space across 10 different cities and has more than 100 employees, laid off at least 16…
All Year’s Israeli bonds tumble on $41M loss
Since the market meltdown in Tel Aviv, Yoel Goldman’s All Year Management has spent all year managing the worries of bondholders. But the developer’s latest earnings report has investors on edge again. All Years’ British Virgin…
And you get an incentive! Extell offers to pay carrying costs at Brooklyn’s tallest tower
Extell Development is offering yet another incentive for buyers — this time, in Brooklyn. The developer will pay carrying costs for those who buy one- to three-bedroom units at its first Brooklyn tower, Brooklyn Point at…
The Midtown South home of Facebook, Buzzfeed asks up to $800M
The owner of one of the hottest techie buildings in Midtown South is looking to sell the 675,000-square-foot office property for as much as $800 million. Orda Management Corp. put the mini-campus it redeveloped several years…
Luxury Decor Gifts For The Person Who Has Everything
Spread holiday cheer with something expensive. …
Big Real Estate and other donors facing new limits on NY state campaign contributions
A New York campaign finance commission wants to slash the amounts that real estate donors and other large contributors can give to candidates for governor and other statewide offices. The state’s Public Finance Commission released a…
2020 Will See ‘Historic Low Level’ Of Housing Inventory
Demand for homes will be strong next year, but homebuyers will have few options. …
Five priciest homes new to market include 1897 townhouse
While most New Yorkers were preparing for Thanksgiving last week, some agents and their clients listed homes ranging from about $7.5 million to just under $9 million. Combined, the top five listings in New York City…
Five ways that Albany could punish real estate in 2020
Real estate interests got a butt-kicking in Albany this year — but state legislators might not be done. The new legislative session starts next month, and it’s an election year. With some incumbents likely to push…
Where Is the Dog Poop in New York City?
A new study answers the question, but also shows that things have been improving….
WeWork’s Dock 72 location off to slow start, Keller Williams product chief is out
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] This page was last…
How healthcare is single-handedly saving the Long Island office and retail markets
Traditional retail may indeed be dead. Big local companies such as Newsday may have recently downsized to offices with smaller footprints. And sure, millennial workers could actually be ditching Long Island in droves, as some experts…
