These were the top 10 NYC retail leases in September
On the NYC retail leasing scene last month, gyms and restaurants continued to secure some of the largest deals in town, accounting for four of the 10 spots on this list. The top dog, however, was…
Are You Prepared To Capitalize On The Growth Of Non-QM?
Non-QM may be the buzzword on the tip of the mortgage industry’s tongue, but originators are unlikely to capitalize on its growth unless they select the right partners and the right approach. …
Panic at Prodigy
In 2011, Rodrigo Niño was weighing his own mortality. The real estate executive, originally from Colombia, had been diagnosed with stage three melanoma. After two surgeries, his only choice, he later recounted in a heavily produced…
De Blasio official thinks rent board will be kinder to landlords
A de Blasio administration housing official seemed to speculate Wednesday that the city will approve larger rent increases than in the past to compensate for rent-limiting changes to state law. Louise Carroll, commissioner of the city’s…
Ranked: The 15 Coolest Neighborhoods In The World
Hot restaurants, happening bars and a low cost of living—these are the world’s coolest neighborhoods. …
How This Immigrant Entrepreneur Turned $300,000 into $2 Billion in 6 years
They lived in the type of apartment complex where robberies were frequent and the feeling of safety was scarce–his father was once held at gunpoint. …
Scouring Manhattan for the Right Rental. Which Did She Choose?
To be closer to her new job, a young renter headed south with a tight budget and a couple of requirements. Here’s where she landed….
Apartment Demand From High-Income Renters Surging, Creating An Amenities Arms Race
Apartment construction is sustaining its run. Demand is strong not only from people in their 20s, but across age groups, and now in the high income ranges. Developers compete through amenities more than through price. …
City crafting overhaul of landlord tax break
Landlords are finally getting some love from the de Blasio administration. The city is preparing a proposal to overhaul a tax break program, in part to make it more appealing to owners of apartment buildings. Department…
Avi Dorfman’s $200M suit against Compass granted jury trial
Avi Dorfman, who says he’s a co-founder of Compass, has been fighting for a $200 million stake in the firm for five years. Now, a jury will decide if he’s entitled to it. In an Oct….
Kushner goes to Broward, buying site near Fort Lauderdale train station
Kushner Companies is making its first big real estate play in Fort Lauderdale. The company, led by Charles Kushner, Nicole Kushner Meyer and Laurent Morali, is under contract to purchase three properties for $49 million across…
For mall owners like Simon, Brookfield and Vornado, Forever 21 bankruptcy signals more trouble ahead
When Jin Sook and Do Won Chang landed at Los Angeles International Airport from South Korea in 1981, they had nothing. The couple eventually scraped together a modest savings and opened their first clothing store in…
Legislature eyes changes to “just cause eviction” bill
Just cause eviction, a measure derided by the real estate industry and abandoned last legislative session, is likely to resurface in Albany next year — but with some changes. Sen. Brian Kavanagh, Housing Committee Chair and…
Hudson Yards megadevelopment inspires a new line of sex toys
Hudson Yards has been the butt of some jokes, but now it will be the joke of some butts. Design studio Wolfgang & Hite has developed pink silicone versions of many buildings in the Related Companies’…
The Daily Dirt: Amazon pushes further into brick-and-mortar space
Amazon, often blamed for killing retail, is doubling down on brick-and-mortar. The e-commerce giant is moving forward with plans to open grocery stores across the country, the first of which will open in Los Angeles. The…
Tenant organizer challenging incumbent doesn’t think “anyone should be paying rent”
A tenant organizer backed by the socialist group that helped propel Alexandria Ocasio-Cortez into Congress is targeting a Brooklyn legislator — and landlords. “Fundamentally, I don’t think anyone should be paying rent,” said Phara Souffrant, whose…
Watch: A-Rod on the benefits and pitfalls of being a celebrity investor
Alex Rodriguez has been investing in real estate for decades. He made his first purchase — a duplex outside of Miami that he needed a $48,000 downpayment for — when he was 22. But in the…
Lennar reports 13% uptick in Q3 profit amid sluggish housing market
Lennar Corp. reported an uptick in net income and home deliveries in its third quarter, but signs still point to a broader slowdown in the housing market. The Miami-based homebuilder reported $513.4 million or $1.59 per…
Four Ways to Dominate In A Tough Market
When you’ve hit a sales plateau you have to shake things up, you have to take a different approach. When my team is working through a lull in the marketplace, we use the four following tactics…
Four Ways To Dominate In A Tough Real Estate Market
When you’ve hit a sales plateau you have to shake things up, you have to take a different approach. When my team is working through a lull in the marketplace, we use the four following tactics…
