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The Real Deal New York

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THE CLOSING: BRENDAN WALLACE

Brendan Wallace has been everywhere these days. The co-founder and managing partner of Fifth Wall Ventures - a venture capital fund...

“A BIG, BIG, BIG SUCCESS,” NYC FINANCE DEPARTMENT SAYS OF NEW SYSTEM THAT OVERCHARGED BUILDING OWNERS ON PROPERTY TAX

A new payment system introduced by New York City to streamline property tax payments has instead caused headaches for residents and...

 
 
 

REAL ESTATE TECH INVESTOR FIFTH WALL LAUNCHES $500M FUND

Venture capital firm Fifth Wall closed on a $503 million fund focused on investments in real estate technology. Known as Fund II, it...

WHAT THE INDUSTRY IS SAYING ABOUT THE FEDERAL RENT LAW CHALLENGE

A lawsuit filed late Monday night by the Rent Stabilization Association and the Community Housing Improvement Program comes just one...

 
 
 

NEW HEIGHTS FOR EVEREST AS INSURER INKS NORTH JERSEY'S LARGEST LEASE DEAL OF 2019

In what amounts to the largest lease in Northern New Jersey so far this year, Everest Reinsurance has inked a deal for 315,000 square...

HERE'S WHAT THE $10M-$20M NYC INVESTMENT SALES MARKET LOOKED LIKE LAST WEEK

Among last week's New York City investment sales, two Greenwich Village apartment buildings got new owners, and a rehabilitated Bushwick...

 
 
 

MEET THE LANDLORDS TRYING TO DISMANTLE THE NEW RENT REGULATIONS

One of the landlords suing New York City and a state agency over the state's new rent law was sued last summer for allegedly violating...

STEPHEN ROSS TRADES CENTRAL PARK FOR HUDSON YARDS. HERE'S A PEEK AT HIS OTHER HOMES

Stephen Ross once credited himself as being one of two New Yorkers who lives and works in the same building, the second being now President...

 
 
 

REALOGY'S EXPLOSIVE SUIT AGAINST COMPASS MAY BE “SERIOUSLY MISGUIDED:” ANTITRUST EXPERT

Compass is no newcomer to courtroom drama. Since 2014, the SoftBank-backed brokerage has been slapped by 10 separate lawsuits accusing...

WHAT YOU NEED TO KNOW ABOUT LANDLORDS' CHALLENGE TO NEW YORK'S RENT LAW

Landlord groups kick-started their fight against New York's new rent law on Monday, filing a lawsuit that claims the measure violates...

 
 
 

FORMER NEW YORK GIANTS QB DROPS BACK ASK FOR NEW JERSEY HOME

Former New York Giants quarterback Phil Simms is once again looking to sell his 20-acre estate in Northern New Jersey. Simms, who weighed...

DEVELOPER STARTUP FAVORITE HONEST BUILDINGS ACQUIRED BY SOFTWARE COMPANY PROCORE

UPDATED, July 16, 1:50 p.m.: Construction management software company Procore has acquired Honest Buildings, a startup favored among...

 
 
 

DEVELOPERS, CONSTRUCTION INDUSTRY LOBBY TO LEGALIZE DRONES IN NYC

Did New York City ban drones in... 1948? Yes, according to the current interpretation of a 71-year-old law that restricts the take...

DEUTSCHE BANK SHRINKS FOOTPRINT AT FUTURE COLUMBUS CIRCLE HOME AMID GLOBAL DOWNSIZING

As it cuts 18,000 jobs worldwide amid a dramatic restructuring, Deutsche Bank is also scaling back on its future office space at Time...

 
 
 

GEORGE MICHAEL'S EX-LOVER IS SMASHING WINDOWS AT HIS $6.2M HOUSE

George Michael's ex- Fadi Fawaz has smashed up the windows of the late singer's home in London in a supposed attempt to renovate the...

BROADWAY SHOWS, RESTAURANTS SEE MAJOR LOSSES FROM MIDTOWN'S SATURDAY BLACKOUT

Saturday is one of the busiest nights for Broadway theaters, and box offices took a major hit from this Saturday's five-hour Midtown...

 
 
 

NEW YORK'S MULTIFAMILY MARKET HAD ITS SLOWEST FIRST HALF OF THE YEAR SINCE 2011

New York's slow multifamily market has continued to plague the real estate industry through the first half of the year, with the number...

BAIN CAPITAL TEAMS UP WITH SKW FUNDING ON $500M DISTRESSED DEBT FUND

Bain Capital, which is raising a new $3.5 billion debt fund, is teaming up with Manhattan-based SKW Funding to target $500 million...

 
 
 

ON LONG ISLAND, HOME PRICES JUMP IN JUNE

Home prices rose last month on Long Island as the number of pending home sales dipped and inventory has continued to rise. The median...

PROLOGIS IN TALKS FOR GIANT WAREHOUSE PORTFOLIO, AFTER BLACKSTONE'S MONSTER DEAL

Prologis is in advanced talks to acquire a $4 billion warehouse portfolio, a month after getting outbid by Blackstone in a far larger...

 
 
 



Man's golf shot kills daughter, 6, when ball hits her head

Man's golf shot kills daughter, 6, when ball hits her head

A six-year-old girl died Monday after she was hit in the head by a golf ball that her father hit, authorities said. Read more ...

A postcard mailed from Hong Kong in 1993 arrived in Illinois last week

A postcard mailed from Hong Kong in 1993 arrived in Illinois last week

An Illinois woman is hoping to solve a 26-year-old mystery after a postcard from Hong Kong arrived in her mailbox last week. Read more ...

Search for British author of 50-year-old message in a bottle found in Australia

Search for British author of 50-year-old message in a bottle found in Australia

An Australian fisherman and his son are looking for the author of a message in a bottle found off the southern Australian coast 50 years after it was written. Read more ...

Retired Supreme Court Justice John Paul Stevens dead at 99

Retired Supreme Court Justice John Paul Stevens dead at 99

Retired Supreme Court Justice John Paul Stevens - a strong proponent of abolishing the Second Amendment - has died, ABC News reported. He was 99. Appointed by Republican... Read more ...

Phony Ferraris, 'Shamborghinis' seized at Brazil factory

Phony Ferraris, 'Shamborghinis' seized at Brazil factory

Police said the cars were being offered on social media for $45,000 to $60,000 - a small fraction of the price of the real thing. Read more ...

British Open 2019 picks: Rory McIlroy could end drought at Royal Portrush

British Open 2019 picks: Rory McIlroy could end drought at Royal Portrush

The 2019 British Open returns to Northern Ireland at scenic Royal Portrush. A stacked field will be contending for the final major of the year, with several players looking for... Read more ...

6-year-old girl killed in freak golf course accident

6-year-old girl killed in freak golf course accident

A 6-year-old Utah girl was tragically killed when an errant golf ball hit by her dad struck her in the back of the neck, according to a report. Aria Hill was sitting in a golf... Read more ...

EU launches antitrust probe into Amazon's use of merchant data

EU launches antitrust probe into Amazon's use of merchant data

The world's largest online retailer Amazon is facing a “full-blown” investigation from the European Union's antitrust regulators to see if its use of other merchants' data... Read more ...

Prime Day 2019 was bigger than Black Friday and Cyber Monday for Amazon

Prime Day 2019 was bigger than Black Friday and Cyber Monday for Amazon

Amazon Prime Day continues to get bigger and longer with each year that passes, and Amazon has just announced that Prime Day 2019 was its biggest event ever. In fact, Prime Day... Read more ...

EU Investigates If Amazon Hurts Competition By Using Sellers' Data

EU Investigates If Amazon Hurts Competition By Using Sellers' Data

The European Union's antitrust arm will evaluate Amazon's role as both a retailer and a marketplace for others. One focus will be on Amazon's use of data collected from... Read more ...