Last Update: April 3, 2022

New York Real Estate News

The Real Deal provides cutting edge news on the real estate market in New York and beyond.

Actived: 4 days ago


The New State of Real Estate

(5 days ago) The real estate industry has entered a brand-new world. Learn what can major changes have occurred because of a shifting real estate market while also getting a grasp on how AP automation can help

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Jobs report brings good news for real estate

(Just Now) Real estate rental and leasing added 14,000 jobs in March, while hiring in warehousing, which was already above pre-pandemic levels, was …

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Facing Jail Time, Real Estate Lawyer Mitchell Kossoff Is

(2 days ago) Disgraced real estate lawyer Mitchell Kossoff, who pleaded guilty in December to swindling millions of dollars from his clients, has been disbarred in New York State. According to Reuters, New

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New Book on NYC Real Estate — The New Kings of New …

(Just Now) The blood sport that is New York real estate is rife with billion-dollar feuds. There’s a story behind every eye-popping apartment sale and audacious new development in New York City, and many

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Serhant Establishes Hamptons Outpost

(2 days ago) Serhant is coming to the Hamptons. The brokerage firm has signed a lease for a multi-structure compound at 103 Hayground Road in the Southampton hamlet of Water Mill. “I have always had an

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Texas Real Estate News

(Just Now) By Cindy Widner | March 15, 2022 03:15PM. Los Angeles real estate investment firm ShainRealty moved further into Texas recently, closing on a multifamily purchase that the company announced this

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A Look Inside the Homes of Pop Star The Weeknd

(2 days ago) The Wall Street Journal took a deep dive into the many real estate holdings of pop star The Weeknd — the high-school dropout and son of Ethopian immigrants to Canada who has gone on to win three

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Locals Scramble To Raise $70M To Buy California City’s

(Just Now) Locals are scrambling to raise $70 million to salvage a California city’s only hospital, which went bankrupt less than two years after a …

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Reich Brothers LLC bought an industrial property …

(1 days ago) A New York real estate firm bought a vacant industrial property in suburban Chicago for $17 million. Reich Brothers, based in White Plans, bought the property at 21800 S. Cicero Ave. in Matteson

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Bespoke Sells $43M at Waldorf Astoria Miami in 60 Days

(8 days ago) Bespoke Real Estate is the first and only $10M+ firm. Bespoke has converged the roles of broker, brokerage, marketing, and research agencies into one …

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Real Estate Lawsuits

(9 days ago) By Francisco Alvarado | October 14, 2021 07:30AM. Like most alleged Ponzi schemes, a Miami-based troika’s plan to tap South American investors to fund their real estate projects started off with

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Avid Asset Management Buys West Palm Industrial Building

(6 days ago) A New York real estate investment firm boosted its Palm Beach County portfolio by acquiring an industrial building for $22 million. Avid Asset Management, led by real estate investor and developer

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Bigger and Better: Why Houston Real Estate Is Booming

(6 days ago) Bigger and Better: Why Houston Real Estate Is Booming. They say everything in Texas is bigger, and in the case of Houston, it keeps getting even bigger. While currently the fourth largest metro

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Future City: Smart home combo

(4 days ago) Backing disruption. Tishman Speyer, an investor for years in real estate technology, raised $100 million for its first proptech fund. The Tishman Speyer Proptech Venture Fund will target early

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NY Real Estate Showcase

(9 days ago) The Real Deal’s New York Showcase + Forum attracts thousands of professionals across commercial and residential real estate, development, brokerages, financial services and investment, and

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Royal real estate: Jordanian princess sells waterfront

(9 days ago) Real Capital Analytics founder buys waterfront Fort Lauderdale lot for $13.5M Oceanfront estate of late food service luminary near North Palm Beach sells for $22M

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Pied-à-Terre Market Surges in New York City

(9 days ago) The number of contracts signed for Real Estate Board of New York listings mentioning “pied-à-terre” spiked to record highs in the second quarter of 2021, to …

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Commercial Real Estate

(7 days ago) By Cindy Widner | February 25, 2022 05:15PM. Hines is building its first residential project using heavy timber in Texas’ capital city. The …

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Housing prices in Australia boost household wealth to records

(7 days ago) Soaring real estate prices Down Under are driving wealth over the top. Property values pushed Australian wealth to a record in the last quarter, while net worth per person also hit …

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KKR to buy Japanese real estate asset manager for $2B

(8 days ago) KKR, founded in 1976 as Kohlberg Kravis Roberts & Co., has made a big push into global real estate. Its real estate arm was founded in 2011, and now has 12 offices in nine countries, according to

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Performance Real Estate Advisors Launches Affordable

(2 days ago) Performance Real Estate Advisors, co-founded and owned by Dan Piatkowski, Neal Wolf, and Ryan Gallante, launched a brokerage firm that will specialize in selling affordable housing across the country.

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Actress Rebel Wilson Posts Sydney Home Listing on Instagram

(2 days ago) Real estate and Instagram already have a cozy relationship, as agents have turned to the app to share their listings and sales. But it’s not every day an A-lister posts her own.

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Levine, Prinsloo Pick Up Another Montecito Estate

(6 days ago) The 3.4-acre Oakview estate, designed by architect Don Nulty, was built in 2009 for “9-1-1: Lone Star” actor Rob Lowe, who sold it to …

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How the War in Ukraine is Affecting US Real Estate

(5 days ago) The biggest immediate threat the crisis poses to U.S. commercial real estate is the ripple effect of a Russian financial crisis. When the country’s central bank defaulted on its debt in …

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Ranking Manhattan's Top Residential Real Estate Brokerages

(Just Now) In 2021, 1,877 contracts were signed in Manhattan for homes asking $4 million and above, according to a report by Olshan Realty, the highest total recorded in …

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How Materials Science Could Change Real Estate Development

(6 days ago) In this latest episode of Paydirt, The Real Deal’s Hiten Samtani breaks down some key breakthroughs in materials science for real estate, such as green steel, cross-laminated timber and smart glass.

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London Hedge Funder Sells Pacific Palisades Estate

(5 days ago) A 2-acre estate in Pacific Palisades has found a buyer after almost eight months on the market. The seller is David Segel, who founded hedge fund Mako in London and is a partner in Los Angeles

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Map of Wealthy Russians’ US Real Estate Holdings

(7 days ago) The Real Deal analyzed property records, published reports and other data sources to put together a snapshot of where wealthy Russians have bought and sold top-tier real estate in the U.S. It’s

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Russian Invasion in Ukraine Impacts NYC, Miami Real Estate

(4 days ago) Russian President Vladimir Putin’s invasion of Ukraine has set the stage for global economic turmoil and sanctions whose impacts will stretch to the U.S. real estate market. The invasion has led

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Texas’ Tallest Building on the Rise in Austin

(2 days ago) The mixed-use building, called 98 Red River, is underway at the corner of East Cesar Chavez and Red River streets, local real-estate blog Towers reported. Plans for the 2.3 million-square-foot

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Commercial Real Estate Firm Cresa Relocates HQ To Fulton

(6 days ago) Commercial real estate firm Cresa relocated to Chicago’s Fulton Market from Washington, D.C., joining companies that have signed leases for new amenity-filled buildings in the former meatpacking

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Hope Fades for Hochul’s 421a Replacement in State Budget

(3 days ago) Real estate and union groups are still pushing lawmakers to include the tax break, knowing that if it’s not folded into the budget, its chances of passing this session decrease.

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German billionaire splurging on New York City real estate

(3 days ago) UPDATED, March 25, 2022, 11:45 a.m.: A storm is a’Berggruen. Billionaire investor and philanthropist Nicolas Berggruen is on a real estate buying spree in New York and plans to keep going until

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Here's Why There Are More Real Estate Agents Now Than Ever

(Just Now) Thousands are seeking their license to sell. More than 156,000 people became real estate agents in 2021 and 2020 combined — nearly 60 percent more than the two previous years — as Americans

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Elite Acq Bought Hollywood Multifamily Portfolio For $11M

(8 days ago) And an entity tied to New York-based real estate investment firm SixPine, led by Haig Sarkissian, paid $10.1 million for three apartment buildings in North Miami with a …

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CalPERS, with $51B in real estate holdings, taps new CIO

(2 days ago) Nicole Musicco is the new chief investment officer for CalPERS, a public pension system with $478.28 billion in assets, including $51 billion invested in real estate.

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Chelsfield buys Soho groundlease for $50 million

(3 days ago) London-based Chelsfield Group picked up the ground lease at 580 Broadway, an ornate office building in Soho spanning 128,000 square feet, for $50 million, real estate records show. Miami’s

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