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 news @therealdeal .com
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The push for a rent suspension in New York just got another supporter, as
@BernieSanders
throws his weight behind
@SenGianaris
bill:
18
350
1K
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:
8
17
278
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:
3
83
228
WATCH:
@MarcusLemonis
talks generational wealth and
#realestate
as a "safe haven" with
@MrKorangy
in the latest
#CoffeeTalk
|
Full video here:
13
40
154
The former Boca Raton mansion of NASCAR Hall-of-Famer Jeff Gordon is on the market for $42 million.
108
22
153
A new bill introduced by
@zellnor4ny
would halt all evictions and foreclosures until a year after the statewide emergency ends in New York:
3
62
156
“I’m a Democrat voting for Zeldin.” Some landlords beaten down by a rent relief program are abandoning
@GovKathyHochul
to vote Republican candidate
@RepLeeZeldin
20
52
130
BREAKING: Google is close to acquiring Chelsea Market for north of $2 billion. (
@markgmaurer
)
8
140
124
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:
9
26
126
Meet Eyal Ofer, the stealth investor behind some of Manhattan's priciest projects
http://t.co/N5yFTZSFi6
via
@trdny
0
106
107
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
2
6
109
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.
9
25
78
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.
5
8
81
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.
15
36
74
Michel Stern has defaulted on Brooklyn’s tallest tower at 9 DeKalb.
6
16
75
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.
6
4
76
Commissioners for
@nyclandmarks
voted 6-2 to approve a 324-foot, mixed-use building in the Seaport Historic District,
@erik_engquist
reports
3
14
68
Avoid pitfalls during your next major merger with Baker Tilly's risk advisory specialists
#BrandStudio
#ProactiveAssurance
#BakerTillyInsights
#RiskAdvisory
#StrategicAudit
#Sponsored
0
8
65
Tenant advocate and “cancel rent” proponent
@ceaweaver
nominated to serve on
@nycplanning
City Planning Commission.
1
11
62
“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.
2
11
51
In the past five years, a mixed picture of SoftBank-funded construction-tech firm Katerra has emerged. A thread: (1/21) 💵🏗
1
10
48
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.
3
11
42
Eight NYC theaters and comedy clubs have sued
@NYGovCuomo
,
@NYCMayor
over Covid restrictions:
3
17
27
ANS Title's Marie Rizk Shows Us Why ""Clear to Close"" Isn't Always Enough
#BrandStudio
#ANSTitle
#WomenInRealEstate
#ProtectYourProperty
#TitleInsurance
#WomensHistoryMonth
#Sponsored
0
3
39
BREAKING: Zillow has launched a brokerage, through which licensed employees will work with sellers interested in cash offers through its iBuying program.
3
9
35
.
@phara4assembly
and
@ZohranKMamdani
, two more
@nycDSA
-backed candidates for
@NYSA_Majority
, announced upset wins:
5
12
36
This is happening right now : Protestors are blocking entrance to Assembly chamber
7
22
34
Is New York City real estate in the toilet or will it bounce back? Comment below. 👇
Video by: Ronnie Lordi
8
4
37
Of the landlords who wrote Albany in support of good cause eviction, many wouldn’t be affected. One is Cea Weaver’s father.
12
10
36
Park Lane investor and international playboy Jho Low charged with money laundering in Malaysia
5
16
29
What a roller coaster: An appellate court has ruled in favor of Howard Hughes, allowing 250 Water Street to move forward:
1
5
34
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:
1
4
22
How bad has the 2019 rent law been for rent-stabilized buildings? “Disastrous,” a new real estate–commissioned report finds.
6
12
32
Landlords' profits plummet by 9.1 percent, the highest figure on record, as distress rises.
13
13
33
.
@luisdortiz
the developer? Ex-
#MDLNY
star joins investment firm Empire Capital: (
@KathyClarkeNYC
)
5
5
30
A mixed-use building in Harlem is launching an IPO today, marking New York City’s first publicly traded commercial real estate asset.
4
7
32
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
2
11
32
Get ready
#NYC
—
@RyanSerhant
,
@FredrikEklundNY
&
@luisdortiz
are back w/ more drama, bigger properties & higher prices
http://t.co/6khQoVubbx
7
18
29
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?
5
6
31
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.
1
4
31
Title company First American suffers cyber attack, forcing the firm to shut its website
2
11
28
“The demise of the cities is the progressive left,” Related Companies CEO Jeff Blau said in a wide-ranging talk last week.
5
9
27
Trump & some other guys
@DanScavino
: (L-R)Giuliani
@realDonaldTrump
@MikeBloomberg
@BillClinton
@JoeTorre
@BillyCrystal
http://t.co/gvdhxXpJuh”
6
19
28
At NYU's hospitality conference, Puerto Rico Gov. Ricardo Rossello claimed that tax credits and Opportunity Zones offer promise for potential investors.
0
5
27
JPMorgan is calling its employees back to the office, after months of remote working.
1
14
26
You might not have heard of her, but Cea Weaver was the tenant movement’s secret weapon:
0
8
26
Bros that create startups together, raise $18M together:
@jaredkushner
,
@JoshuaKushner
launch
#RE
investing platform
http://t.co/Qvlk0KFQHp
1
12
25
Manhattan’s top listing agents: PHOTOS.
@FredrikEklundNY
and
@johnbgomes
top off the top.
http://t.co/rTak2IR9RX
http://t.co/gPDEQ8pP9n
1
9
26
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:
2
7
26
.
@bradhoylman
and
@EmilyAssembly
have proposed a bill that would require LLCs behind real estate deals to disclose their true owners:
5
9
26
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.
4
12
19
City officials are considering allowing for smaller apartments, incentivizing hotel conversions and other plans to grow housing supply.
0
5
25
Two of
@realDonaldTrump
's Trump Park Avenue apartments topped NYC's priciest rental deals this past year
http://t.co/4lLhJDT7NG
8
16
23
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:
0
5
24
Developers last month requested permits to lay only 22 multifamily building foundations — the fifth straight month with fewer than 30
0
6
25
Today,
@NYGovCuomo
announced the suspension of foreclosures and mortgage payments for 90 days:
12
14
23
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.
5
12
23
With new housing starts down 30 percent, St. Paul guts a signature rent control ordinance approved by voters less than a year ago
6
7
24
Exclusive: LeBron James has bought a home in Beverly Hills from the estate of a legendary soap opera producer,
@mattpennyblake
reports for
@trdsocal
1
7
21
Stomp Capital picked up The Atlantic Hotel, a 62-room property on Southampton’s County Road
0
1
24
Our
#MDLNY
panel with
@FredrikEklundNY
,
@luisdortiz
&
@RyanSerhant
. Thanks for moderating,
@cherylcasone
!
#TRDForum
http://t.co/XvLP7RCVzI
0
5
21
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:
1
5
22
After allegations of housing voucher discrimination last year, .
@Compass
agreed to pay brokers who lease to voucher holders a higher commission to incentivize equal access
0
9
23
No longer New Yorkers: Some are fleeing the tri-state and heading to lower-tax areas
7
12
20
.
@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:
1
6
22
4
5
22
Stanley Chera, titan of NYC retail, dies of coronavirus, making him the most high-profile industry casualty of the global pandemic.
5
13
21
Happy
#InternationalWomensDay
everyone!
We at The Real Deal would like to invite you to celebrate incredible women and their stories with us today.
Keep following our social media accounts to discover some of our award-winning work on gender issues in the real estate industry.
0
9
22
Over 42,000 rent-stabilized apartments sit vacant in NYC. Owners say they’re uninhabitable and they can’t afford repairs; lawmakers say landlords are lying. Either way, they’re doing no one any good.
11
8
20
Half of applicants to the ERAP program have yet to be approved for aid and might never be, but they remain shielded from eviction.
5
13
21
Once popular luxury real estate amenities are fast-becoming obsolete
0
4
18
If passed, the legislation would have made it difficult for landlords to hike rents by more than 5 percent per year.
4
3
18
With the push of a button,
@RobReffkin
and
@OriAllon
rang the opening bell of the
@NYSE
on Thursday morning, kicking off trading on
@Compass
' first day as a public company.
0
6
20
Two Trees says it will sell off its Williamsburg project site to a logistics developer if opponents defeat its proposal for a large-scale rezoning
7
1
21
City and state authorities are reviewing
@blackstone
’s Stuytown agreement after
@GeorgiaKromrei
reported the global asset management firm is “warehousing” as many as 50 rent-regulated apartments:
0
8
20
How many property owners don’t rent their space for fear of getting stuck with a problem tenant under New York’s rules? Quite a few, it seems.
3
8
20
After securing a $1M payout for tenants in an overcharge case,
@housingrightsUS
founder
@aaronAcarr
called on
@GoKathyHochul
to overhaul Homes and Community Renewal.
0
6
20
After years of speculation, Facebook has officially signed a lease for Vornado Realty Trust's redevelopment of the Farley Post Office:
1
10
20
After bids came in less than half of ask, the sale of the Trump International Hotel in D.C. are on “indefinite hold.”
1
7
18
A penthouse at the Zaha Hadid building on West 28th Street went into contract for half its 2016 asking price,
@SylviaVarnham
reports:
0
2
17
Amazon could turn Long Island City into a company town, as the neighborhood is awash with new apartments and office space.
0
15
17
The number of residential evictions in New York City is rising, but remains well below pre-pandemic levels.
4
9
19
The City Council is considering a measure that would require owners of certain residential buildings to install sprinklers in every single apartment. Property owners aren’t happy about it:
1
6
19
As the FDIC seeks a buyer for Signature Bank’s commercial real estate loans, industry insiders expect a much-needed reset for the rent-stabilized market.
0
4
19