Logo

The Real Deal New York

 http://therealdeal.com/

DA TARGETS TUITION PAID FOR TRUMP CFO'S GRANDKIDS

Tuition paid to a Manhattan private school is the latest target in New York prosecutors' probe of former president Donald Trump and...

THESE WERE THE TOP OUTER-BOROUGH LOANS LAST MONTH

Brooklyn dominated the list of the 10 largest outer-borough commercial real estate loans in April, with seven loans representing nearly...

 
 
 

CHRISTIE'S AFFILIATE IN NJ SUES COMPASS FOR POACHING, STEALING TRADE SECRETS

Compass has been hit with another lawsuit regarding recruitment - this time in northern New Jersey. The complaint, filed by a Christie's...

AIRBNB'S LOSING SPREE CONTINUES WITH $1B LOSS IN Q1

With travel finally picking up 14 months into a pandemic that has wreaked havoc on the industry, Airbnb may finally have the chance...

 
 
 

YELP TO EXPERIMENT WITH RETURN-TO-WORK PLANS

Yelp is reviewing its office spaces, and not all will receive five stars. In February, the tech company announced that it will adopt...

BROOKFIELD POSTS RECORD FFO IN Q1 - BUT NOT BECAUSE OF REAL ESTATE

A year ago, as the impact of the pandemic was just starting to sink in, Brookfield Asset Management reported funds from operations...

 
 
 

SL GREEN INVESTMENT CHIEF DAVID SCHONBRAUN STEPS DOWN

SL Green Realty's top investment executive is leaving the REIT, the latest departure from the investments group that continues to be...

RENTAL-TO-CONDO CONVERSIONS DROP 80% AFTER 2019 RENT LAW: REPORT

Changes to New York's rent laws dealt a severe blow to the business of condo conversions, according to a new study. In the year following...

 
 
 

WHAT TENANTS PAY AT TWO DURST TOWERS IN MIDTOWN

Built in 1989, the 25-story office building at 114 West 47th Street represented a generational shift for the Durst Organization. It...

NEW YORK'S RENT RELIEF SITE GOES LIVE - WITHOUT APPLICATIONS

It's live: After a month-long wait, information about New York's Emergency Rental Assistance Program appeared on the website for the...

 
 
 

RFR PITCHES FIFTH AVENUE OFFICE BUILDING AS “BUILD-TO-SUIT” CORPORATE HQ

Aby Rosen is betting big on Manhattan's office market. Rosen's RFR Holding is in contract to buy the retail portion of 522 Fifth Avenue,...

OPENDOOR REVENUE BOUNCES BACK IN Q1

Opendoor had some good news to share in its second earnings call as a publicly traded company. The company reported $747 million in...

 
 
 

BROOKFIELD TO SELL DOBRO OFFICE CONDO FOR $130M

Brookfield Property Partners is selling an office property in Downtown Brooklyn for $130 million - one of the borough's first big office...

JOAN RIVERS' LONGTIME UES PENTHOUSE HITS THE MARKET FOR $38M

Joan Rivers' longtime Upper East Side home is back on the market. The legendary comedian lived in the penthouse at 1 East 62nd Street...

 
 
 

THE REAL DEAL WINS BEST IN BUSINESS AWARD

The Real Deal has won a general excellence from the Society for Advancing Business Editing and Writing. TRD received the honor - its...

WATCH: HOW CLIMATE CHANGE PUTS REAL ESTATE AT RISK

Where should you invest when seas are rising, temperatures and going up, and extreme weather events are looming? “There is no place...

 
 
 

NATIONAL CHAINS PAID 93% OF RENT IN APRIL

In April 2020, one month after pandemic-related lockdowns started in much of the U.S., national chains such as Ann Taylor, Bob's Discount...

CITY EXPANDS FREE LEGAL SERVICES FOR TENANTS, FEARING EVICTION RUSH

New York renters will have another lifeline when the statewide eviction moratorium sunsets. Mayor Bill de Blasio on Tuesday signed...

 
 
 

MARK GORDON'S TRIBECA ASSOCIATES WALKS AWAY FROM FIDI MOXY HOTEL

The owner of Moxy Hotel in the Financial District has handed the keys back to its lender. Led by Mark Gordon, Bill Brodsky and Elliott...

GOVERNORS ISLAND REZONING INCHES CLOSER TO FINAL VOTE

The rezoning of Governors Island is nearing a final vote, albeit with a few tweaks and limitations on new development. The City Council's...

 
 
 



New York's Elise Stefanik Installed As New GOP Conference Chair

New York's Elise Stefanik Installed As New GOP Conference Chair

The vote came two days after House Republicans ousted Wyoming Rep. Liz Cheney from the leadership role after her continued criticism of former President Donald Trump. (Image... Read more ...

Elon Musk's net worth plummets by $25 billion after a tumultuous week

Elon Musk's net worth plummets by $25 billion after a tumultuous week

Summary List Placement Elon Musk's net worth dropped by $25 billion within the week Tesla stopped accepting Bitcoin payments and the billionaire hosted Saturday Night Live. The... Read more ...

CDC director: Mask-wearing will ‘be hard to let go' despite new guidance

CDC director: Mask-wearing will ‘be hard to let go' despite new guidance

Rochelle Walensky, director of the Centers for Disease Control and Prevention, said on Friday that mask-wearing will “be hard to let go” of for some and argued Americans should... Read more ...

Unemployment benefits are competitive with most states' average wages - and...

Unemployment benefits are competitive with most states' average wages - and it could explain why Americans aren't rushing back to work

Summary List Placement The federal government significantly expanded unemployment benefits for much of the pandemic as millions of Americans lost their jobs amid lockdowns... Read more ...

You still need to wear a mask on planes, trains, and buses - even if you've...

You still need to wear a mask on planes, trains, and buses - even if you've been fully vaccinated

Summary List Placement The Centers for Disease Control and Prevention said Thursday that fully-vaccinated Americans don't have to wear masks indoors , provided individual... Read more ...

Minnesota House Approves Recreational Marijuana Bill, The First-Ever Vote Of...

Minnesota House Approves Recreational Marijuana Bill, The First-Ever Vote Of Its Kind In The State

ST. PAUL, MINN. - The Minnesota House on Thursday night approved a bill that would legalize recreational marijuana in the state, a historic vote for an effort some have been... Read more ...

Irish health system says it's targeted in ransomware attack

Irish health system says it's targeted in ransomware attack

LONDON - Ireland's health service shut down its IT systems on Friday after being targeted in what it called a “significant ransomware attack." The Health Service Executive said... Read more ...

Hoping for unity, GOP set to put Rep. Elise Stefanik in top House post

Hoping for unity, GOP set to put Rep. Elise Stefanik in top House post

Republicans are ready to vault New York Rep. Elise Stefanik into the ranks of the party's House leadership. Read more ...

Walmart, Target, and Starbucks are keeping mask mandates despite the CDC...

Walmart, Target, and Starbucks are keeping mask mandates despite the CDC relaxing guidance for vaccinated people. Here's how stores are responding to the new guidelines

Summary List Placement The Centers for Disease Control and Prevention on Thursday relaxed guidance for mask-wearing in indoor and outdoor spaces for fully vaccinated people... Read more ...

Harvard-bound student's college essay about losing mom goes viral on TikTok

Harvard-bound student's college essay about losing mom goes viral on TikTok

A Harvard-bound student's college essay about losing her mother has gone viral on TikTok. Read more ...