The Real Deal
@trdny
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🗞 #RealEstateNews ✍️ Bringing transparency to one of the world's most important and least understood industries. 📬 Send tips to [email protected]
Joined October 2008
The push for a rent suspension in New York just got another supporter, as @BernieSanders throws his weight behind @SenGianaris bill:
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Why did @TollBrothers choose @Thermador appliances for the luxury NYC condo building, The Rockwell? Whitehall Interiors’ Orlando Rodriguez explains in the newest edition of #TRDDeveloperDiaries. WATCH THE FULL VIDEO:
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Related may be celebrating the grand opening of Hudson Yards tomorrow, but the observation deck at the developer's tallest tower won't be open to the public until 2020. Here's what thrill seekers have to look forward to:
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WATCH: @MarcusLemonis talks generational wealth and #realestate as a "safe haven" with @MrKorangy in the latest #CoffeeTalk | . Full video here:
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The former Boca Raton mansion of NASCAR Hall-of-Famer Jeff Gordon is on the market for $42 million.
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A new bill introduced by @zellnor4ny would halt all evictions and foreclosures until a year after the statewide emergency ends in New York:.
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“I’m a Democrat voting for Zeldin.” Some landlords beaten down by a rent relief program are abandoning @GovKathyHochul to vote Republican candidate @RepLeeZeldin.
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“All of our deals are happening now because of this account,” says @realEstateTrent Don Tepman. “It changed my entire life.”.
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BREAKING: Google is close to acquiring Chelsea Market for north of $2 billion. (@markgmaurer)
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WATCH: @MarcusLemonis tells @MrKorangy why communities must invest in themselves before #realestate investors can aid in their redevelopment efforts in the latest #CoffeeTalk | . Full video here:
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Meet Eyal Ofer, the stealth investor behind some of Manhattan's priciest projects http://t.co/N5yFTZSFi6 via @trdny.
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Rainbow Realty Group has found an investment strategy that's all upside by cornering a budding real estate market. #BrandStudio #BuddingIndustry #ProfitableProperties #SmartInvesting #RiskFreeReturns #Sponsored.
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Attendees of the Real Estate Gala, the third annual industry event presented by @realestateTrent's Don Tepman and co-hosted by @BobKnakal, gathered at The Real Deal's Hudson Yards HQ for a pre-party reception to kick off an evening known to many as "real estate's Met Gala." Celeb
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Sam Zell, the real estate investor who amassed an empire of apartment buildings, offices and mobile homes, and who earned the nickname "the grave dancer" for his ability to swoop up distressed real estate for a song, died Thursday. He was 81.
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New York real estate power players joined @BobKnakal, @RealEstateTrent and the TRD team for the official RealEstateX Gala pre-party at The Real Deal's NYC HQ last night. Watch to hear how some of the stars of #RETwit use the platform for dealmaking, networking, advice and more.
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Landlord @GilbertKennisha’s tenants stopped paying rent, flooded her apartment with dog urine and were arrested for assaulting her. But two years into her nightmare, they’re still not evicted.
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Michel Stern has defaulted on Brooklyn’s tallest tower at 9 DeKalb.
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Developer @aussieflya posted eye-opening videos charting the challenges and progress at an eight-story, 49-unit, 360,000-square-foot project in New York City.
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Dive into the world of real estate with Don Tepman, the man behind the infamous Twitter persona StripMallGuy, as he unveils his investment strategies and insights.
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Avoid pitfalls during your next major merger with Baker Tilly's risk advisory specialists. #BrandStudio #ProactiveAssurance #BakerTillyInsights #RiskAdvisory #StrategicAudit #Sponsored.
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Commissioners for @nyclandmarks voted 6-2 to approve a 324-foot, mixed-use building in the Seaport Historic District, @erik_engquist reports.
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.@getesusu and @FreddieMac roll out rent reporting services to help the 145 million credit-thin or invisible Americans build their credit scores. #BrandStudio #CreditInclusion #FinancialEmpowerment #RentReportingRevolution #CreditVisibility #Sponsored.
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Tenant advocate and “cancel rent” proponent @ceaweaver nominated to serve on @nycplanning City Planning Commission.
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Analysis | Brooklyn Borough President Antonio Reynoso said something New York City politicians never say: Market-rate condos wouldn’t be so bad.
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Federal authorities have charged Oren, Tal and Alon Alexander with sex trafficking and conspiracy to commit sex trafficking, alleging the brothers raped and sexually assaulted dozens of victims. Here's everything we know: ✍️: @kkallergis, @ekcranley,
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“It’s a gold mine. Very few understand this.” TRD’s @isabella_farr chatted w @realEstateTrent (aka StripMallGuy) about CRE investing, #RETwit and why you should never, ever accept Chick-fil-A as a tenant.
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In the past five years, a mixed picture of SoftBank-funded construction-tech firm Katerra has emerged. A thread: (1/21) 💵🏗.
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The @gaggenau team showed us why luxury resi developers rely on their appliances to make projects stand out in a crowded market. #BrandStudio #GaggenauLuxury #ElevatedLifestyle #CuttingEdgeDesign #LuxuryAppliances #ChefInEveryone #Sponsored.
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As one retail broker put it, “Nobody knows who they are or what the fuck they’re doing.”. @j_lovinger profiles David and Simon Reuben, billionaire British brothers who emerged as the most opportunistic buyers of trophy Manhattan real estate in Covid times.
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Eight NYC theaters and comedy clubs have sued @NYGovCuomo, @NYCMayor over Covid restrictions: .
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Disgraced luxury broker Oren Alexander and his brother Alon appeared before a judge on Thursday in regards to sexual assault charges. Watch the hearing here:
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ANS Title's Marie Rizk Shows Us Why ""Clear to Close"" Isn't Always Enough. #BrandStudio #ANSTitle #WomenInRealEstate #ProtectYourProperty #TitleInsurance #WomensHistoryMonth #Sponsored.
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. @phara4assembly and @ZohranKMamdani, two more @nycDSA-backed candidates for @NYSA_Majority, announced upset wins:
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Months of online quarrels within the real estate community on X, formerly known as Twitter, have finally culminated in a lawsuit.
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BREAKING: Zillow has launched a brokerage, through which licensed employees will work with sellers interested in cash offers through its iBuying program.
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This is happening right now : Protestors are blocking entrance to Assembly chamber
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Of the landlords who wrote Albany in support of good cause eviction, many wouldn’t be affected. One is Cea Weaver’s father.
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Is New York City real estate in the toilet or will it bounce back? Comment below. 👇.Video by: Ronnie Lordi
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Ytech's Yamal Yidios aims to capture the most sophisticated luxury buyers in South Florida with The Residences at 1428 Brickell. #BrandStudio #MiamiLuxuryLiving #SouthFloridaRealEstate #Ytech #RealEstateDevelopment #Sponsored.
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Park Lane investor and international playboy Jho Low charged with money laundering in Malaysia.
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What a roller coaster: An appellate court has ruled in favor of Howard Hughes, allowing 250 Water Street to move forward: .
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The Real Deal’s July issue is live for digital subscribers and soon to hit mailboxes across the country.. Get the inside scoop on real estate's hottest headlines here:
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How bad has the 2019 rent law been for rent-stabilized buildings? “Disastrous,” a new real estate–commissioned report finds.
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A recently built office building next to Penn Station sold at a foreclosure auction for almost 25% of the cost to build it just a few years ago.
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A mixed-use building in Harlem is launching an IPO today, marking New York City’s first publicly traded commercial real estate asset.
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Landlords' profits plummet by 9.1 percent, the highest figure on record, as distress rises.
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Get ready #NYC—@RyanSerhant, @FredrikEklundNY & @luisdortiz are back w/ more drama, bigger properties & higher prices http://t.co/6khQoVubbx.
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Deconstruct Live! at #TRDForum. Fortress' Steven Stuart, Benefit Street Partners' Mike Comparato and Urban Standard Capital's Seth Weissman joined Isabella Farr & @SuzannahCav to discuss bank failures, distressed note buying and lending demand. Stream:
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Selling an appreciated asset? Enlist Reefpoint's Greg Reese to create a DST and defer the tax burden. #BrandStudio #CapitalGainsTax #TaxDeferral #DeferredSalesTrust #Sponsored.
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With traditional brokerages under fire, @vororealestate achieves success by putting commissions back in its agents' hands. #BrandStudio #EquitableBrokerage #AgentEmpowerment #CommissionFreedom #VoroAdvantage #Sponsored.
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Title company First American suffers cyber attack, forcing the firm to shut its website.
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Manhattan Borough President @galeabrewer has never been a fan of tall buildings in historic districts, but urged @nyclandmarks to approve 470-foot-high @HowardHughesCo project that would endow the long-struggling South Street Seaport Museum.
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South Florida developer Eric Sheppard is heading to federal lock-up for defrauding Covid-19 business relief programs. But he's not the only real estate pro from the Sunshine State to face legal trouble for allegedly ripping off PPP. READ MORE:
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.@LCA_Appliances Josu Gaubeka tells us how his company became the leading appliance supplier for Miam's luxury resi boom. #BrandStudio #LuxuryKitchenAppliances #SouthFloridaDesign #KitchenDesign #LaCuisineAppliances #MiamiDesignDistrict #Sponsored.
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At NYU's hospitality conference, Puerto Rico Gov. Ricardo Rossello claimed that tax credits and Opportunity Zones offer promise for potential investors.
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From SF Bay to trendy Brooklyn, @tishmanspeyer and @studiogang continue to push the boundaries of design. #BrandStudio #REDevelopment #DesignExcellence #CreativePartnerships #BuildingTheFuture #Sponsored
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Over 16,000 apartments are vacant in Nashville, equating to an 11% vacancy rate, and the construction pipeline is booming. Is Music City headed for oversupply?.
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“The demise of the cities is the progressive left,” Related Companies CEO Jeff Blau said in a wide-ranging talk last week.
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Trump & some other guys @DanScavino: (L-R)Giuliani @realDonaldTrump@MikeBloomberg@BillClinton@JoeTorre @BillyCrystal
http://t.co/gvdhxXpJuh”.
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We're living in the Golden Age of rent fraud, and @The_Guarantors put together a webinar to discuss how operators can combat these criminals. Read more: #BrandStudio #RentFraud #FraudAwareness #LeaseFraudPrevention #RentalScams #Sponsored
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Manhattan’s top listing agents: PHOTOS. @FredrikEklundNY and @johnbgomes top off the top. http://t.co/rTak2IR9RX
http://t.co/gPDEQ8pP9n.
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You might not have heard of her, but Cea Weaver was the tenant movement’s secret weapon:
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Bros that create startups together, raise $18M together: @jaredkushner, @JoshuaKushner launch #RE investing platform http://t.co/Qvlk0KFQHp.
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New York City has a housing crisis – everybody knows that. But how did we get here? @MrKorangy sat down with @NYC_CHIP's @JayMart222 to find out. Watch more here:
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Some 132 liquor licenses have been suspended and 707 charges filed against businesses in New York State because of social distancing violations. The Real Deal mapped out areas getting the most complaints.
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.@bradhoylman and @EmilyAssembly have proposed a bill that would require LLCs behind real estate deals to disclose their true owners: .
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JPMorgan is calling its employees back to the office, after months of remote working.
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Today, @NYGovCuomo announced the suspension of foreclosures and mortgage payments for 90 days:.
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Top CRE dealmaker @BobKnakal is getting back in the brokerage game after a surprise exit from JLL weeks ago. Watch his interview with @ByRichBockmann to learn more about Knakal's next venture:
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Developers last month requested permits to lay only 22 multifamily building foundations — the fifth straight month with fewer than 30
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Read our latest white paper to learn how Amazon Key is revolutionizing package delivery for multifamily properties. #Brandstudio #AmazonKey #MultifamilyTech #FutureProofLiving #ConvenientDelivery #PropertyManagement #InnovationInRealEstate #Sponsored
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Riverside and MML Hospitality have landed a $193 million construction loan for Sixth&Blanco, an ultra-luxury condo project in Clarksville.
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Two of @realDonaldTrump's Trump Park Avenue apartments topped NYC's priciest rental deals this past year http://t.co/4lLhJDT7NG.
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City officials are considering allowing for smaller apartments, incentivizing hotel conversions and other plans to grow housing supply.
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Stomp Capital picked up The Atlantic Hotel, a 62-room property on Southampton’s County Road .
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With new housing starts down 30 percent, St. Paul guts a signature rent control ordinance approved by voters less than a year ago.
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Our #MDLNY panel with @FredrikEklundNY, @luisdortiz & @RyanSerhant. Thanks for moderating, @cherylcasone! #TRDForum
http://t.co/XvLP7RCVzI.
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Exclusive: LeBron James has bought a home in Beverly Hills from the estate of a legendary soap opera producer, @mattpennyblake reports for @trdsocal
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Read our latest to learn how @property_reach data gives real estate investors a leg up on the competition. #BrandStudio #DataDrivenRealEstate #PropertyInvestment #MarketInsights #RealEstateTrends #Sponsored
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No longer New Yorkers: Some are fleeing the tri-state and heading to lower-tax areas
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Documents reveal the tenant at the center of the Crown Heights eviction drama may have been a victim of subprime lending and a foreclosure scam.
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We watched City Council hearings and pored over a zoning resolution so that you don’t have to. Check out the final changes to the Soho/Noho rezoning plan: .
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Rent-stabilized deal trades for 97 percent below pre-2019 value. It’s getting dark out there.
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. @RepRitchie and @repcleaver have introduced a bill that would create a task force to study and root out racial discrimination in the housing appraisal industry:
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Stanley Chera, titan of NYC retail, dies of coronavirus, making him the most high-profile industry casualty of the global pandemic.
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