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Jared Kushner buys 16-building portfolio for $132M
From left: 101 MacDougal Street and Jared Kushner UPDATED, 12:03 p.m., Dec. 10: Jared Kushner’s Kushner Companies is buying a 16-building portfolio for $131.5 million from Stone Street Properties and...
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Khodadadian, Eastern Consolidated settle suits
Robert Khodadadian Robert Khodadadian and Eastern Consolidated, involved in an ugly legal tangle over commissions and alleged sexual harassment, settled both lawsuits related to the dispute....
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The Wrap: Renderings available for a new Boerum Hill development, Dumbo is...
610 Warren Street in Boerum Hill, Brooklyn 1. New residential building coming to Boerum Hill [NY YIMBY] 2. Dumbo will be the hottest neighborhood in the new year [NYP] 3. Downtown Brooklyn could become...
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Betting on the Bed-Stuy boom
From left: Raymond Ruiz, Alain da Sylveira, Ban Leow, Brooke Safford, Stephanie O’Brien From the December issue: The recent popularity of Bedford-Stuyvesant is in many ways a mirror of much of...
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1407 Broadway leasehold hits market for $330M
Clockwise from left: 1407 Broadway, David Lichtenstein and Woody Heller Abraham Kamber & Company and the Lightstone Group are looking to sell the long-term leasehold at 1407 Boadway for more than...
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Sam Chang plans 406-room, 20-story Midtown hotel
334 West 36th Street in Midtown West (Inset: Sam Chang) UPDATED, 11:57 am., Dec. 10: Sam Chang of McSam Hotel Group filed permits today for a 406-room Midtown West hotel on a site he bought in August...
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GFI bringing 330K sf mixed-use project to Fort Greene
From left: Allen Gross and a rendering of 810-835 Fulton Street GFI Development filed plans today for a 327,317-square-foot, mixed-used development in Fort Greene, a project nearly seven years in the...
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Talks over terrorism insurance break down
From left: Chuck Schumer and Jeb Hensarling The future of the Terrorism Risk Insurance Act, which provides a backstop for property insurers in case of a terrorist attack, is in jeopardy as Republicans...
View ArticleWhat’s hot on TRD Social right now
1. It has begun: Brooklyn hipsters are getting their own Apple Store 2. Snapchat pics may disappear, but the company is here to stay 3. One57 unit sells at 20-percent discount Like The Real Deal on...
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Mayor de Blasio likely to pass on pied-à-terre tax
From left: Unit at the Park Imperial, Mayor Bill de Blasio and State Senator Brad Hoylman Mayor Bill de Blasio is expected to reject proposed legislation to levy a tax on pieds-à-terre. “My...
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Real estate pros share their pick of books for business and fun
From left: “Liar’s Ball,” Robert Reffkin and Jonathan Mechanic From the December issue: Where do you look for inspiration and insight? This month, The Real Deal polled leaders in the industry to find...
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Robert Durst’s trespassing trial kicks off
From left: Robert Durst and Douglas Durst The trespassing trial for Robert Durst, the estranged brother of the Durst Organization’s chair Douglas Durst, began today in Manhattan Criminal Court....
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The Wrap: Landmarks OKs penthouse add-on opposed by Giuliani, a peek at...
Greenwich Lane model (credit: Will Femia for Curbed) 1. Landmarks OKs UWS penthouse addition despite resident Rudy Giuliani’s objection [Curbed] 2. A peek at the new Greenwich Lane sales gallery...
View ArticleMost popular stories on The Real Deal
Current reader favorites: 1. Jared Kushner buys 16-building portfolio for $132M 2. Related raises record-setting $600M through EB-5 program 3. JLL vice president faces lawsuit from estranged wife 4....
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Hilton to buy four hotels with Waldorf Astoria sale proceeds
From left: Parc 55 Wyndham in San Francisco, Christopher Nassetta and the Waldorf Astoria Hilton Worldwide Holdings is looking to buy four hotels from Blackstone Group and other owners. The hotel...
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Small pads see biggest rent increases
From left: a $2,500-a-month studio at 401 East 74th Street and a one-bedroom at 383 Grand Street, asking $3,300 a month Small apartments, big appetites. Studio and one-bedroom pads saw the biggest...
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Karim Rashid scopes out $3.5M condo in Williamsburg
From left: Karim Rashid and 201 North 11th Street Interior architect and industrial designer known for his use of bright colors, Karim Rashid, is looking for a place of his own. Livingroom at 201 North...
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The Wrap: Renderings revealed for the new Sloan Kettering location on the...
327 East 64th Street 1. Renderings revealed for new Sloan Kettering location [NY YIMBY] 2. Beyoncé and Jay Z are scoping out an L.A. mansion [Business Insider] 3. No violations found at the Barclays...
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Listings websites battle to control national market
From left: Andrew Florance, Spencer Rascoff and Rupert Murdoch From the December issue: Both veteran real estate companies and well-funded newcomers are scuffling over listings websites, each aiming...
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Museum of Natural History plans new $325M research center
The American Museum of Natural History at 79th Street and Central Park West on the Upper West Side The American Museum of Natural History is set to expand along Columbus Avenue. A $325 million,...
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