MetLife Building gets the luck of the Irish – Robert Khodadadian

Irish eyes are smiling on one of the most famous commercial buildings in Manhattan. The Irish government leased 43,000 square feet at 200 Park Avenue, aka the MetLife Building, the Commercial Observer reported. The government office known as Ireland House will move into the 17th floor while relocating from 345 Park Avenue in 2024. Ireland House includes the Irish Consulate General, Ireland’s trade, tourism and investment agencies, the Irish Food Board, the Ireland Funds and

 Irish eyes are smiling on one of the most famous commercial buildings in Manhattan. The Irish government leased 43,000 square feet at 200 Park Avenue, aka the MetLife Building, the Commercial Observer reported. The government office known as Ireland House will move into the 17th floor while relocating from 345 Park Avenue in 2024. Ireland House includes the Irish Consulate General, Ireland’s trade, tourism and investment agencies, the Irish Food Board, the Ireland Funds and
The post MetLife Building gets the luck of the Irish appeared first on The Real Deal New York.  Commercial Real Estate, Home Page, Ireland, Irvine Company, metlife building, Office Leasing, tishman speyer The Real Deal New York 

Lead by real estate veteran Robert Khodadadian, Skyline Properties has been instrumental in many multi-million dollar commercial developments, including a $12 million contract for the White House Hotel, a 99-year ground lease of a four-story commercial site in Harlem, and a retail co-op on Prince St. for $50 million.

Robert Khodadadian has long had a simple philosophy about selling real estate. There are approximately a million buildings in the city, and the broker that gets to sell any one among the multitude that will hit the auctioning block at a given moment is, sometimes, simply the person who happens to pitch their services to the right seller.

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These projects survived the 421a apocalypse

REBNY’s Basha Gerhards with 1727 Amsterdam Avenue and 806 Ninth Avenue

REBNY’s Basha Gerhards with 1727 Amsterdam Avenue and 806 Ninth Avenue (Getty, REBNY, Think! Architecture & Design, The Hudson Companies)

These projects survived the 421a apocalypse

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(Photo Illustration by Steven Dilakian for The Real Deal with Getty)

Mortgage applications surge 25% in the new year as interest rates drop

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From left: Crown Proptech Acquisitions’ Richard Chera, CIIG Partners’ Gavin Cuneo and Michael Minnick (Getty, CIIG Partners)

Chera family SPAC is back on the hunt

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A photo illustration of missing Tishman Speyer executive Ana Walshe and charged husband Brian Walshe (Getty, LinkedIn)

Husband charged with murder of Tishman Speyer exec

Shahs of Sunset Park: Maguire, Watermark acquire massive Brooklyn dev site

Marvin Azrak of Maguire Capital and An aerial of 6208 8th Avenue (Google Maps)

Shahs of Sunset Park: Maguire, Watermark acquire massive Brooklyn dev site

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Macerich’s Thomas O’Hern with 3065 NY-50 (Google Maps, Getty, Macerich)

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By TRD Staff | January 18, 2023 01:00PM

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(Photo Illustration by Steven Dilakian for The Real Deal with Getty)

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Mortgage applications surge 25% in the new year as interest rates drop

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Mortgage applications surge 25% in the new year as interest rates drop

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December 28, 2022 11:00AM

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(Photo Illustration by Steven Dilakian for The Real Deal with Getty)

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Montgomery Street Partners’ Luke Pak with 353 West 57th Street (Montgomery Street Partners, Google Maps, Getty)

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Photo illustration of Pacaso’s Austin Allison (Illustration by Kevin Rebong for The Real Deal)

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Blackstone ramps up tenant evictions – Robert Khodadadian

One of the country’s biggest landlords is ramping up evictions after a long period of pandemic-related forbearance. Blackstone filed eviction lawsuits against hundreds of tenants across the nation, the Financial Times reported. Court records focus on Georgia and Florida, but consultants from the company are said to be notifying politicians in California about a possible uptick in evictions. Since August, Blackstone has launched more eviction cases in a typical week than the company had for

 One of the country’s biggest landlords is ramping up evictions after a long period of pandemic-related forbearance. Blackstone filed eviction lawsuits against hundreds of tenants across the nation, the Financial Times reported. Court records focus on Georgia and Florida, but consultants from the company are said to be notifying politicians in California about a possible uptick in evictions. Since August, Blackstone has launched more eviction cases in a typical week than the company had for
The post Blackstone ramps up tenant evictions appeared first on The Real Deal New York.  Commercial Real Estate, Home Page, Blackstone Group, Evictions, REITS, Rental Market The Real Deal New York 

Lead by real estate veteran Robert Khodadadian, Skyline Properties has been instrumental in many multi-million dollar commercial developments, including a $12 million contract for the White House Hotel, a 99-year ground lease of a four-story commercial site in Harlem, and a retail co-op on Prince St. for $50 million.

Robert Khodadadian has long had a simple philosophy about selling real estate. There are approximately a million buildings in the city, and the broker that gets to sell any one among the multitude that will hit the auctioning block at a given moment is, sometimes, simply the person who happens to pitch their services to the right seller.

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ACRE0.34%

AMT2.03%

COLD0.29%

DLR1.10%

CUBE0.59%

STOR0.05%

STAG0.63%

IIPR2.26%

AHT0.51%

AKR2.10%

AVB1.15%

CBRE0.60%

CIGI0.48%

CLPR0.29%

CWK0.04%

DRH0.68%

ELS0.28%

EQR1.21%

ESRT0.07%

EXPI0.96%

GNL1.87%

HOV2.69%

LTC0.45%

MET1.10%

MMI0.21%

NMRK0.06%

PGRE0.73%

PK1.18%

PURP.L0.48%

RDFN7.06%

REG2.02%

RMAX1.19%

SLG1.69%

SPG-PJ0.01%

STWD0.07%

TOL0.98%

VGR1.20%

VNO0.92%

Z0.34%

These projects survived the 421a apocalypse

REBNY’s Basha Gerhards with 1727 Amsterdam Avenue and 806 Ninth Avenue

REBNY’s Basha Gerhards with 1727 Amsterdam Avenue and 806 Ninth Avenue (Getty, REBNY, Think! Architecture & Design, The Hudson Companies)

These projects survived the 421a apocalypse

Mortgage applications surge 25% in the new year as interest rates drop

(Photo Illustration by Steven Dilakian for The Real Deal with Getty)

Mortgage applications surge 25% in the new year as interest rates drop

Chera family SPAC is back on the hunt

From left: Crown Proptech Acquisitions’ Richard Chera, CIIG Partners’ Gavin Cuneo and Michael Minnick (Getty, CIIG Partners)

Chera family SPAC is back on the hunt

Husband charged with murder of Tishman Speyer exec

A photo illustration of missing Tishman Speyer executive Ana Walshe and charged husband Brian Walshe (Getty, LinkedIn)

Husband charged with murder of Tishman Speyer exec

Shahs of Sunset Park: Maguire, Watermark acquire massive Brooklyn dev site

Marvin Azrak of Maguire Capital and An aerial of 6208 8th Avenue (Google Maps)

Shahs of Sunset Park: Maguire, Watermark acquire massive Brooklyn dev site

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Macerich’s Thomas O’Hern with 3065 NY-50 (Google Maps, Getty, Macerich)

Macerich eyes residential component for upstate mall

By TRD Staff | January 18, 2023 01:00PM

Macerich’s Wilton Mall in Saratoga Springs is wilting, but its plan to add luxury homes isn’t germinating with the

Macerich eyes residential component for upstate mall

D.R. Horton’s Donald Horton with The Church of the Visitation and the Diocese of Trenton (D.R. Horton, Alchetron, Getty)

D.R. Horton in contract for 31 acres of NJ woodlands

By TRD Staff | January 18, 2023 12:00PM

New Jersey’s hottest development drama is Breton Woods, where 31 acres of woods are caught between a church, a…

D.R. Horton in contract for 31 acres of NJ woodlands

Redfin’s Glenn Kelman (Redfin, Getty)

National

Glenn Kelman: Redfin should have shuttered “risky” iBuying earlier

By TRD Staff | January 18, 2023 11:15AM

Glenn Kelman has at least one regret from a tumultuous 2022: keeping his company’s iBuyer going as long as…

Glenn Kelman: Redfin should have shuttered “risky” iBuying earlier

(Photo Illustration by Steven Dilakian for The Real Deal with Getty)

National

Mortgage applications surge 25% in the new year as interest rates drop

By Holden Walter-Warner | January 18, 2023 09:50AM

A drop in U.S. mortgage rates last week appeared to open the door for those who had purchases and…

Mortgage applications surge 25% in the new year as interest rates drop

Brickless brings its high-tech construction method to Fort Myers

National Sponsored

Brickless brings its high-tech construction method to Fort Myers

December 28, 2022 11:00AM

Brickless is supporting the American construction industry with its innovative, high tech building method and competitive pricing. The Real…

Brickless brings its high-tech construction method to Fort Myers

(Photo Illustration by Steven Dilakian for The Real Deal with Getty)

Manhattan retail market rises again, but momentum wanes

By Holden Walter-Warner | January 18, 2023 08:45AM

The Manhattan retail market continued its upward swing in the fourth quarter — barely. Across 16 of Manhattan’s shopping…

Manhattan retail market rises again, but momentum wanes

Montgomery Street Partners’ Luke Pak with 353 West 57th Street (Montgomery Street Partners, Google Maps, Getty)

Washington Heights apartments sell for $16M, leading quiet week for i-sales

By Pat Ralph | January 18, 2023 08:00AM

The city’s sluggish investment sales market all but paused last week, with just four deals for commercial properties valued…

Washington Heights apartments sell for $16M, leading quiet week for i-sales

Photo illustration of Pacaso’s Austin Allison (Illustration by Kevin Rebong for The Real Deal)

National

Pacaso’s Austin Allison on the who, what and why of co-ownership

By Hiten Samtani | December 13, 2022 08:45AM

Pacaso is in the eye of two torrential storms. The housing market is one of the most turbulent in…

Pacaso’s Austin Allison on the who, what and why of co-ownership

REBNY’s Basha Gerhards with 1727 Amsterdam Avenue and 806 Ninth Avenue

These projects survived the 421a apocalypse

By Suzannah Cavanaugh | January 18, 2023 07:00AM

It was no surprise when project filings for multifamily buildings nosedived 59 percent in the five months after the 421a tax abatement expired June 15. The surprise, rather, was that developers were starting new…

These projects survived the 421a apocalypse

TOP VIDEOS

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Bernie Madoff’s Upper East Side penthouse pulled off market

Capturing all sides of San Francisco | SF Confidential

How Thermador sets the trend for luxury in South Florida development | TRD Brand Studio

Ryan Serhant’s Offer To BHS brokers ruffles feathers

Apple Takes A Bigger Bite Out of U.S. Office Sector

WATCH: What’s happening with Noncompetes?

George Santos Controversy Shines Light on Rent Relief Exploitation

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Retail’s reckoning: Top U.S. shopping destinations on selling spree

Husband under investigation over disappearance of Tishman Speyer exec.

Anywhere Announces Another Round of Layoffs

Jay Parker explains the South Florida Market | TRD Brand Studio

Urban Umbrella CEO explains why scaffolding needs a new look | Coffee Talk

Where are they now: pre-pandemic development projects

Can co-ownership of second homes be a viable business? An interview with Pacaso CEO Austin Allison

How builders secure the bag, and their teams | The Blueprint

These are the pricest home sales in Chicago this year

These real estate characters are small-screen favorites

Miky Grendene on hospitality-branded developments, Ora by Casa Tua in Brickell and barefoot luxury

Are we in a recession? | TRD Explains

Why brokerage in the U.S. is a “more respectful profession” | SF Confidential

Inside the new Domino Sugar Refinery

Finding the “secret sauce” for selling real estate | SF Confidential

Marcus Lemonis on entrepreneurship, generational wealth, and more | Coffee Talk

How to start out as a real estate broker | SF Confidential

Billionaire Related moguls Steve Ross and Jorge Perez split

Building Class-A office South of Fifth | Inside the Thermador Green Room

As commuters come back, developers jump on transit-oriented sites | Inside the Thermador Green Room

Where does Opendoor go from here? Breaking down iBuying with Mike DelPrete

Understanding Compass’ latest financials

Oren Alexander on launching a brokerage for the “truly high end” | Inside the Thermador Green Room

Santiago Arana on expanding through South Florida | Inside the Thermador Green Room

Why “Wall Street South” may be an “exaggeration” for Palm Beach | Inside the Thermador Green Room

Revisiting South Florida’s retail fundamentals | Inside the Thermador Green Room

International buyers are “already returning”, says Defortuna | Inside the Thermador Green Room

Life after FTX: What happens to the crypto buyer pool now? | Story Spotlight

Corcoran CEO Pam Liebman explains the resi market whiplash | Inside the Thermador Green Room

Miami’s next generation of developers | TRD’s 2022 South Florida Showcase + Forum

Miami is the last man standing” for luxury hospitality | TRD’s 2022 South Florida Showcase + Forum

Ryan Serhant on the Snowball Effect & Broker Insanity | Inside the Thermador Green Room

Michael Shvo & Jeff Greene talk opportunities in office | TRD’s 2022 South Florida Showcase + Forum

Robert Rivani on Rebuilding South of Fifth | Inside the Thermador Green Room

Resi execs: “the real pain hasn’t hit” | TRD’s 2022 South Florida Showcase + Forum

Winter isn’t coming for South Florida’s developers | TRD’s 2022 South Florida Showcase + Forum

San Francisco will “transcend” issues | SF Confidential

Compass CEO Robert Reffkin on the brokerage’s future | TRD’s 2022 South Florida Showcase + Forum

Larry Hashbarger on SF’s shifting cultural centers | SF Confidential

How iconic venue AsiaSF came onto the San Francisco scene | SF Confidential

Behind the political battle to rezone Throgs Neck | Daily Dirt LIVE

Hochul vs. Zeldin: who’s the better candidate for real estate?

Could a casino come to Times Square?

“Most people want to see more housing,” say Sen. Wiener | SF Confidential

Understanding Contracts | The Blueprint

Building Bio: The History Behind Fifth Avenue

All Eyes On San Francisco | SF Confidential

As Seen On… Severance | Inside Bell Works

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This Week on Deconstruct: in Powell vs. Inflation, the Housing Market is a Casualty & more

TRD Explains: Residential Insurance

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A Day in the Life of a ConTech CEO

Coffee Talk with Peerage Capital’s Miles Nadal

As Seen On: Succession

Ask Me (Almost) Anything: Mauricio Umansky

These NYC pols can sink your real estate development – or help it swim

Miko Marks and Herman Chan talk remote work | SF Confidential

Inside the drama at Compass | The Daily Dirt LIVE

How Miko Marks made her mark on the country scene | SF Confidential

TRD Explains: Broker Tech

SF’s housing has changed the arts scene | SF Confidential

These numbers make or break your real estate development | The Blueprint

How much money can you really make in real estate?

Inside the Golden Beach penthouse asking $32M after years on and off the market

Inside Adam Neumann’s next venture, Flow

How JennAir is using sustainability and high-end design to shift the appliance industry forward

Building Construction Terms You Must Know | The Blueprint

Resi giant Compass faces financial reckoning

All About Agent Apps | The Daily Dirt LIVE

Damac’s Hussain Sajwani talks Surfside plans, U.S. expansion

Inside Design for the Future

Who hurts and who’s helped by a real estate market slowdown?

Are Miami, NYC, or San Fran in a housing bubble?

Inside the Biggest New Development in Washington Heights

The housing market is pretty, pretty crazy | Paydirt

Private equity firm Carlyle Group buys up Brooklyn apartment buildings

What’s a housing bubble? | TRD Explains

Inflation Hits Ground Leases | The Daily Dirt LIVE

What You Don’t Know About Construction | The Blueprint with Eric Brody

Are agents stars or soldiers? Depends on what brokerage you ask | Paydirt

Selling on Social: how new media draws in new buyers

Proptech’s tipping point | TRD’s 2022 NYC Showcase + F…

A Fireside Chat with Gary Barnett | TRD’s 2022 NYC Showcase + Forum

Decarbonizing real estate may be the “most important” investment right now | Inside the Green Room

BRP Founder: a deal “has to be done” to save development tax abatements | Inside the Green Room

The New Kings of New York: NYC’s real estate titans and the deals that defined the skyline

New York’s renaissance & the long arc of megadevelopment | Coffee Talk with Rob Speyer

Why Miki Naftali thinks pricing growth will slow | Inside the Green Room

BIG Partner on creating a waterfront park out of a brownfield | Inside the Green Room

Sizing Up Development: Moving product and launching new projects | TRD’s 2022 NYC Showcase + Forum

Where Gary Barnett is grabbing financing today | Inside the Green Room

How Queens became the king of new development opportunities

Star Brokers: is celebrity the key to real estate success?

What can Tom Suozzi do for the real estate industry?

Todd Glaser on developing dream homes for billionaires | The Closing

What’s at stake in the battle over 421a, good cause eviction | The Daily Dirt LIVE

High Times for Retail: Cannabis Businesses Start Looking For Space

Building Bio: The Burj Khalifa

Can the single-family home become a commodity? Roofstock thinks so | Paydirt

Lendlease COO on the next generation of megaprojects | The REInterview

Webinar: 2022 State of The Real Estate Market: East Coast Study

TRD Explains: Mortgage Rates

Kent Swig Reads from The New Kings of New York

Brooklyn Tower: The Inside Story Behind JDS’ Supertall Skyscraper At 9 Dekalb

$13M Flatbush mansion aims to raise the bar for Brooklyn’s luxury market

How Rick Caruso Became A Real Estate Billionaire

How the “New Kings of New York” Took Shape | Coffee Talk

Why do Russian oligarchs by US properties?

The Drama Behind the Leaning Tower of New York City at 1 Seaport

Built differently: How materials science may change our skyline | Paydirt

How Josh Schuster’s Silverback is weathering the storm

How Inflation Impacts Real Estate | TRD Explains

Office owners consider converting to condos

Inside the U.S. properties of Russia’s wealthiest

Breaking down the Ukraine invasion’s potential impact on US real estate

Hotelier Amar Lalvani on scaling The Standard | The Closing

How Miami became the least affordable housing market in the nation

Disney Gets Into The Development Game

Rent to own: Wall Street loves this controversial path to homeownership | Paydirt

Welcome To The Cryptocracy: Story Spotlight

How Peter Fine went from social worker to major developer to Broadway producer | Coffee Talk with Amir Korangy

Has a rezoning remade Inwood?

How To Get Ready For Local Law 97

Adrienne Arsht Estate Hits The Market For $150 Million

How New York real estate can lead the fight on climate change | The REInterview

What’s the fate of the Elizabeth Street Garden?

Inside the rental tech ecosystem with RET Ventures’ Chris Yip | The REInterview

432 Park’s Missing Billionaire | Story Spotlight

TRD Explains: Depreciation

The Booms and Busts of Mega-Mansion Developer Mohamed Hadid | Celeb Special

BSH’s luxury brands are set to dominate the home appliance market in 2022

How Does An “Uninhabitable” House Sell for $2M?

There’s a new adminstration in NYC. What does that mean for real estate?

Last Mile-High Club: Drivers of industrial real estate’s boom | Paydirt

These are the 5 biggest sales in the Hamptons in 2021

The Landscape for Construction Tech in 2022 | Paydirt

These Are The Biggest New Developments Filed in NYC in 2021

City National Bank CEO Gonzalez: CNB is positioned to be a catalyst for Florida’s economic boom

Building Biographies: The Sears Tower

Rents Stay High As Luxury Retailers Readjust

Retail rebounds for the holidays

ONE Sotheby’s Pros Leverage South Florida’s “Explosive” Real Estate Market

What happens when fintech blurs into proptech? | The REInterview with Ryan Simonetti

The Metaverse and Real Estate – What’s the Deal? | Paydirt

Building from Brooklyn to the Caribbean | Coffee Talk with RAL’s Robert A. Levine

Single-family rentals: The hottest sector in the real estate market

INSIDE THE NATIONAL ISSUE

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The Closing: Thad Wong

The Closing: Thad Wong

The Closing: Thad Wong

“Recipe for fraud”: The alleged scam that rocked South Florida’s biggest HOA

“Recipe for fraud”: The alleged scam that rocked South Florida’s biggest HOA

“Recipe for fraud”: The alleged scam that rocked South Florida’s biggest HOA

(Photo-illustration by Kevin Rebong/The Real Deal)

Sizing up LA’s new transfer tax

Sizing up LA’s new transfer tax

Survivors of the proptech apocalypse share lessons learned

Survivors of the proptech apocalypse share lessons learned

Survivors of the proptech apocalypse share lessons learned

Back to reality for Miami’s top residential brokers

Back to reality for Miami’s top residential brokers

Back to reality for Miami’s top residential brokers

The Lion King: Can Robert Rivani conquer Miami’s restaurant jungle?

The Lion King: Can Robert Rivani conquer Miami’s restaurant jungle?

The Lion King: Can Robert Rivani conquer Miami’s restaurant jungle?

arrow_forward_ios

From left: Crown Proptech Acquisitions’ Richard Chera, CIIG Partners’ Gavin Cuneo and Michael Minnick (Getty, CIIG Partners)

Chera family SPAC is back on the hunt

By Orion Jones | January 17, 2023 07:51PM

The Chera family, one of New York’s biggest retail landlords, is renewing plans to take a real estate startup public through a merger with a blank-check company — months after a first attempt fell…

Chera family SPAC is back on the hunt

A photo illustration of missing Tishman Speyer executive Ana Walshe and charged husband Brian Walshe (Getty, LinkedIn)

National

Husband charged with murder of Tishman Speyer exec

By TRD Staff | January 17, 2023 04:25PM

Authorities have charged the husband of missing Tishman Speyer executive Ana Walshe with murder, WCVB reported. Walsh, a 39-year-old…

Husband charged with murder of Tishman Speyer exec

241 Water Street (Avison Young, Getty)

Blue Man Group’s Seaport school building hits market for $28M

By Pat Ralph | January 17, 2023 04:00PM

Blue Man Group has built an entertainment empire on silence. But their landlord hopes to make some noise with…

Blue Man Group’s Seaport school building hits market for $28M

30 Front Street

Olympia Dumbo penthouse tops Brooklyn luxury contracts

By Sheridan Wall | January 17, 2023 03:00PM

Olympia Dumbo is back on top of Brooklyn’s luxury contracts. A penthouse unit at 30 Front Street last asking…

Olympia Dumbo penthouse tops Brooklyn luxury contracts

10750 Oregon Road, Southold Town supervisor Scott Russell (Loopnet, Getty, Town of Southold)

Tri-State

Moratorium planned to stop North Fork battery project

By TRD Staff | January 17, 2023 02:00PM

In the North Fork, resistance to one development is poised to power a full-blown moratorium against battery storage. Southold…

Moratorium planned to stop North Fork battery project

Signature Bank’s Joseph DePaolo and Sam Bankman-Fried (SignatureNY, Getty)

As Signature severs crypto arm, CRE lending to suffer

By Suzannah Cavanaugh | January 17, 2023 01:00PM

When FTX collapsed in November, multifamily lender Signature Bank found itself scrambling to reassure investors that its cryptocurrency exposure…

As Signature severs crypto arm, CRE lending to suffer

Marvin Azrak of Maguire Capital and An aerial of 6208 8th Avenue (Google Maps)

Shahs of Sunset Park: Maguire, Watermark acquire massive Brooklyn dev site

By Keith Larsen | January 17, 2023 11:45AM

Maguire Capital and Watermark Capital have acquired the site of a long-stalled megaproject in Brooklyn’s Sunset Park. They hope…

Shahs of Sunset Park: Maguire, Watermark acquire massive Brooklyn dev site

Sortis Holdings’ Paul Brenneke, Ace Hotel on 20 West 29th Street (Googlwe Maps, Sortis Holdings, Getty)

Ace Hotel operator sold to hospitality firm for $85M

By TRD Staff | January 17, 2023 11:00AM

A Portland-based hospitality firm now has an ace up its sleeve after picking up the hotel group behind a…

Ace Hotel operator sold to hospitality firm for $85M

CNB Charts New Lending Territory in 2023

National Sponsored

CNB Charts New Lending Territory in 2023

January 17, 2023 07:00AM

The Real Deal caught up with City National Bank’s Jorge Gonzalez on the floor of the South Florida Real Estate Showcase and Forum to learn about CNB’s lending strategy for the next year. In…

CNB Charts New Lending Territory in 2023

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Manhattan’s luxury market stuck in holiday hangover – Robert Khodadadian

Manhattan’s luxury market is still dealing with a holiday hangover. The borough saw 15 signed contracts, to make the fifth week in a row to record less than 20, according to Olshan Realty’s weekly report of homes asking $4 million or more. The most expensive home to enter contract last week was PHA at 10 Riverside Boulevard, known as GID Development’s One Waterline Square, with an asking price of $27 million. The 6,500-square-foot condo has

 Manhattan’s luxury market is still dealing with a holiday hangover. The borough saw 15 signed contracts, to make the fifth week in a row to record less than 20, according to Olshan Realty’s weekly report of homes asking $4 million or more. The most expensive home to enter contract last week was PHA at 10 Riverside Boulevard, known as GID Development’s One Waterline Square, with an asking price of $27 million. The 6,500-square-foot condo has
The post Manhattan’s luxury market stuck in holiday hangover appeared first on The Real Deal New York.  Home Page, Residential Real Estate, compass, NYC Luxury Market, Residential Brokerage The Real Deal New York 

Lead by real estate veteran Robert Khodadadian, Skyline Properties has been instrumental in many multi-million dollar commercial developments, including a $12 million contract for the White House Hotel, a 99-year ground lease of a four-story commercial site in Harlem, and a retail co-op on Prince St. for $50 million.

Robert Khodadadian has long had a simple philosophy about selling real estate. There are approximately a million buildings in the city, and the broker that gets to sell any one among the multitude that will hit the auctioning block at a given moment is, sometimes, simply the person who happens to pitch their services to the right seller.

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These projects survived the 421a apocalypse

REBNY’s Basha Gerhards with 1727 Amsterdam Avenue and 806 Ninth Avenue

REBNY’s Basha Gerhards with 1727 Amsterdam Avenue and 806 Ninth Avenue (Getty, REBNY, Think! Architecture & Design, The Hudson Companies)

These projects survived the 421a apocalypse

Mortgage applications surge 25% in the new year as interest rates drop

(Photo Illustration by Steven Dilakian for The Real Deal with Getty)

Mortgage applications surge 25% in the new year as interest rates drop

Chera family SPAC is back on the hunt

From left: Crown Proptech Acquisitions’ Richard Chera, CIIG Partners’ Gavin Cuneo and Michael Minnick (Getty, CIIG Partners)

Chera family SPAC is back on the hunt

Husband charged with murder of Tishman Speyer exec

A photo illustration of missing Tishman Speyer executive Ana Walshe and charged husband Brian Walshe (Getty, LinkedIn)

Husband charged with murder of Tishman Speyer exec

Shahs of Sunset Park: Maguire, Watermark acquire massive Brooklyn dev site

Marvin Azrak of Maguire Capital and An aerial of 6208 8th Avenue (Google Maps)

Shahs of Sunset Park: Maguire, Watermark acquire massive Brooklyn dev site

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Macerich’s Thomas O’Hern with 3065 NY-50 (Google Maps, Getty, Macerich)

Macerich eyes residential component for upstate mall

By TRD Staff | January 18, 2023 01:00PM

Macerich’s Wilton Mall in Saratoga Springs is wilting, but its plan to add luxury homes isn’t germinating with the

Macerich eyes residential component for upstate mall

D.R. Horton’s Donald Horton with The Church of the Visitation and the Diocese of Trenton (D.R. Horton, Alchetron, Getty)

D.R. Horton in contract for 31 acres of NJ woodlands

By TRD Staff | January 18, 2023 12:00PM

New Jersey’s hottest development drama is Breton Woods, where 31 acres of woods are caught between a church, a…

D.R. Horton in contract for 31 acres of NJ woodlands

Redfin’s Glenn Kelman (Redfin, Getty)

National

Glenn Kelman: Redfin should have shuttered “risky” iBuying earlier

By TRD Staff | January 18, 2023 11:15AM

Glenn Kelman has at least one regret from a tumultuous 2022: keeping his company’s iBuyer going as long as…

Glenn Kelman: Redfin should have shuttered “risky” iBuying earlier

(Photo Illustration by Steven Dilakian for The Real Deal with Getty)

National

Mortgage applications surge 25% in the new year as interest rates drop

By Holden Walter-Warner | January 18, 2023 09:50AM

A drop in U.S. mortgage rates last week appeared to open the door for those who had purchases and…

Mortgage applications surge 25% in the new year as interest rates drop

Brickless brings its high-tech construction method to Fort Myers

National Sponsored

Brickless brings its high-tech construction method to Fort Myers

December 28, 2022 11:00AM

Brickless is supporting the American construction industry with its innovative, high tech building method and competitive pricing. The Real…

Brickless brings its high-tech construction method to Fort Myers

(Photo Illustration by Steven Dilakian for The Real Deal with Getty)

Manhattan retail market rises again, but momentum wanes

By Holden Walter-Warner | January 18, 2023 08:45AM

The Manhattan retail market continued its upward swing in the fourth quarter — barely. Across 16 of Manhattan’s shopping…

Manhattan retail market rises again, but momentum wanes

Montgomery Street Partners’ Luke Pak with 353 West 57th Street (Montgomery Street Partners, Google Maps, Getty)

Washington Heights apartments sell for $16M, leading quiet week for i-sales

By Pat Ralph | January 18, 2023 08:00AM

The city’s sluggish investment sales market all but paused last week, with just four deals for commercial properties valued…

Washington Heights apartments sell for $16M, leading quiet week for i-sales

Photo illustration of Pacaso’s Austin Allison (Illustration by Kevin Rebong for The Real Deal)

National

Pacaso’s Austin Allison on the who, what and why of co-ownership

By Hiten Samtani | December 13, 2022 08:45AM

Pacaso is in the eye of two torrential storms. The housing market is one of the most turbulent in…

Pacaso’s Austin Allison on the who, what and why of co-ownership

REBNY’s Basha Gerhards with 1727 Amsterdam Avenue and 806 Ninth Avenue

These projects survived the 421a apocalypse

By Suzannah Cavanaugh | January 18, 2023 07:00AM

It was no surprise when project filings for multifamily buildings nosedived 59 percent in the five months after the 421a tax abatement expired June 15. The surprise, rather, was that developers were starting new…

These projects survived the 421a apocalypse

TOP VIDEOS

The “unglamorous” side of influencing | SF Confidential

Play Video

The “unglamorous” side of influencing | SF ConfidentialNOW PLAYING

City National Bank Charts New Territory in 2023

Real Estate News You May Have Missed Last Weekend! | TRD News

Bernie Madoff’s Upper East Side penthouse pulled off market

Capturing all sides of San Francisco | SF Confidential

How Thermador sets the trend for luxury in South Florida development | TRD Brand Studio

Ryan Serhant’s Offer To BHS brokers ruffles feathers

Apple Takes A Bigger Bite Out of U.S. Office Sector

WATCH: What’s happening with Noncompetes?

George Santos Controversy Shines Light on Rent Relief Exploitation

The Lion King: Can Robert Rivani Conquer Miami’s Restaurant Jungle

Retail’s reckoning: Top U.S. shopping destinations on selling spree

Husband under investigation over disappearance of Tishman Speyer exec.

Anywhere Announces Another Round of Layoffs

Jay Parker explains the South Florida Market | TRD Brand Studio

Urban Umbrella CEO explains why scaffolding needs a new look | Coffee Talk

Where are they now: pre-pandemic development projects

Can co-ownership of second homes be a viable business? An interview with Pacaso CEO Austin Allison

How builders secure the bag, and their teams | The Blueprint

These are the pricest home sales in Chicago this year

These real estate characters are small-screen favorites

Miky Grendene on hospitality-branded developments, Ora by Casa Tua in Brickell and barefoot luxury

Are we in a recession? | TRD Explains

Why brokerage in the U.S. is a “more respectful profession” | SF Confidential

Inside the new Domino Sugar Refinery

Finding the “secret sauce” for selling real estate | SF Confidential

Marcus Lemonis on entrepreneurship, generational wealth, and more | Coffee Talk

How to start out as a real estate broker | SF Confidential

Billionaire Related moguls Steve Ross and Jorge Perez split

Building Class-A office South of Fifth | Inside the Thermador Green Room

As commuters come back, developers jump on transit-oriented sites | Inside the Thermador Green Room

Where does Opendoor go from here? Breaking down iBuying with Mike DelPrete

Understanding Compass’ latest financials

Oren Alexander on launching a brokerage for the “truly high end” | Inside the Thermador Green Room

Santiago Arana on expanding through South Florida | Inside the Thermador Green Room

Why “Wall Street South” may be an “exaggeration” for Palm Beach | Inside the Thermador Green Room

Revisiting South Florida’s retail fundamentals | Inside the Thermador Green Room

International buyers are “already returning”, says Defortuna | Inside the Thermador Green Room

Life after FTX: What happens to the crypto buyer pool now? | Story Spotlight

Corcoran CEO Pam Liebman explains the resi market whiplash | Inside the Thermador Green Room

Miami’s next generation of developers | TRD’s 2022 South Florida Showcase + Forum

Miami is the last man standing” for luxury hospitality | TRD’s 2022 South Florida Showcase + Forum

Ryan Serhant on the Snowball Effect & Broker Insanity | Inside the Thermador Green Room

Michael Shvo & Jeff Greene talk opportunities in office | TRD’s 2022 South Florida Showcase + Forum

Robert Rivani on Rebuilding South of Fifth | Inside the Thermador Green Room

Resi execs: “the real pain hasn’t hit” | TRD’s 2022 South Florida Showcase + Forum

Winter isn’t coming for South Florida’s developers | TRD’s 2022 South Florida Showcase + Forum

San Francisco will “transcend” issues | SF Confidential

Compass CEO Robert Reffkin on the brokerage’s future | TRD’s 2022 South Florida Showcase + Forum

Larry Hashbarger on SF’s shifting cultural centers | SF Confidential

How iconic venue AsiaSF came onto the San Francisco scene | SF Confidential

Behind the political battle to rezone Throgs Neck | Daily Dirt LIVE

Hochul vs. Zeldin: who’s the better candidate for real estate?

Could a casino come to Times Square?

“Most people want to see more housing,” say Sen. Wiener | SF Confidential

Understanding Contracts | The Blueprint

Building Bio: The History Behind Fifth Avenue

All Eyes On San Francisco | SF Confidential

As Seen On… Severance | Inside Bell Works

How San Francisco Got Into a Housing Crisis | SF Confidential

This Week on Deconstruct: in Powell vs. Inflation, the Housing Market is a Casualty & more

TRD Explains: Residential Insurance

How are public resi brokerages doing? | Paydirt

A Day in the Life of a ConTech CEO

Coffee Talk with Peerage Capital’s Miles Nadal

As Seen On: Succession

Ask Me (Almost) Anything: Mauricio Umansky

These NYC pols can sink your real estate development – or help it swim

Miko Marks and Herman Chan talk remote work | SF Confidential

Inside the drama at Compass | The Daily Dirt LIVE

How Miko Marks made her mark on the country scene | SF Confidential

TRD Explains: Broker Tech

SF’s housing has changed the arts scene | SF Confidential

These numbers make or break your real estate development | The Blueprint

How much money can you really make in real estate?

Inside the Golden Beach penthouse asking $32M after years on and off the market

Inside Adam Neumann’s next venture, Flow

How JennAir is using sustainability and high-end design to shift the appliance industry forward

Building Construction Terms You Must Know | The Blueprint

Resi giant Compass faces financial reckoning

All About Agent Apps | The Daily Dirt LIVE

Damac’s Hussain Sajwani talks Surfside plans, U.S. expansion

Inside Design for the Future

Who hurts and who’s helped by a real estate market slowdown?

Are Miami, NYC, or San Fran in a housing bubble?

Inside the Biggest New Development in Washington Heights

The housing market is pretty, pretty crazy | Paydirt

Private equity firm Carlyle Group buys up Brooklyn apartment buildings

What’s a housing bubble? | TRD Explains

Inflation Hits Ground Leases | The Daily Dirt LIVE

What You Don’t Know About Construction | The Blueprint with Eric Brody

Are agents stars or soldiers? Depends on what brokerage you ask | Paydirt

Selling on Social: how new media draws in new buyers

Proptech’s tipping point | TRD’s 2022 NYC Showcase + F…

A Fireside Chat with Gary Barnett | TRD’s 2022 NYC Showcase + Forum

Decarbonizing real estate may be the “most important” investment right now | Inside the Green Room

BRP Founder: a deal “has to be done” to save development tax abatements | Inside the Green Room

The New Kings of New York: NYC’s real estate titans and the deals that defined the skyline

New York’s renaissance & the long arc of megadevelopment | Coffee Talk with Rob Speyer

Why Miki Naftali thinks pricing growth will slow | Inside the Green Room

BIG Partner on creating a waterfront park out of a brownfield | Inside the Green Room

Sizing Up Development: Moving product and launching new projects | TRD’s 2022 NYC Showcase + Forum

Where Gary Barnett is grabbing financing today | Inside the Green Room

How Queens became the king of new development opportunities

Star Brokers: is celebrity the key to real estate success?

What can Tom Suozzi do for the real estate industry?

Todd Glaser on developing dream homes for billionaires | The Closing

What’s at stake in the battle over 421a, good cause eviction | The Daily Dirt LIVE

High Times for Retail: Cannabis Businesses Start Looking For Space

Building Bio: The Burj Khalifa

Can the single-family home become a commodity? Roofstock thinks so | Paydirt

Lendlease COO on the next generation of megaprojects | The REInterview

Webinar: 2022 State of The Real Estate Market: East Coast Study

TRD Explains: Mortgage Rates

Kent Swig Reads from The New Kings of New York

Brooklyn Tower: The Inside Story Behind JDS’ Supertall Skyscraper At 9 Dekalb

$13M Flatbush mansion aims to raise the bar for Brooklyn’s luxury market

How Rick Caruso Became A Real Estate Billionaire

How the “New Kings of New York” Took Shape | Coffee Talk

Why do Russian oligarchs by US properties?

The Drama Behind the Leaning Tower of New York City at 1 Seaport

Built differently: How materials science may change our skyline | Paydirt

How Josh Schuster’s Silverback is weathering the storm

How Inflation Impacts Real Estate | TRD Explains

Office owners consider converting to condos

Inside the U.S. properties of Russia’s wealthiest

Breaking down the Ukraine invasion’s potential impact on US real estate

Hotelier Amar Lalvani on scaling The Standard | The Closing

How Miami became the least affordable housing market in the nation

Disney Gets Into The Development Game

Rent to own: Wall Street loves this controversial path to homeownership | Paydirt

Welcome To The Cryptocracy: Story Spotlight

How Peter Fine went from social worker to major developer to Broadway producer | Coffee Talk with Amir Korangy

Has a rezoning remade Inwood?

How To Get Ready For Local Law 97

Adrienne Arsht Estate Hits The Market For $150 Million

How New York real estate can lead the fight on climate change | The REInterview

What’s the fate of the Elizabeth Street Garden?

Inside the rental tech ecosystem with RET Ventures’ Chris Yip | The REInterview

432 Park’s Missing Billionaire | Story Spotlight

TRD Explains: Depreciation

The Booms and Busts of Mega-Mansion Developer Mohamed Hadid | Celeb Special

BSH’s luxury brands are set to dominate the home appliance market in 2022

How Does An “Uninhabitable” House Sell for $2M?

There’s a new adminstration in NYC. What does that mean for real estate?

Last Mile-High Club: Drivers of industrial real estate’s boom | Paydirt

These are the 5 biggest sales in the Hamptons in 2021

The Landscape for Construction Tech in 2022 | Paydirt

These Are The Biggest New Developments Filed in NYC in 2021

City National Bank CEO Gonzalez: CNB is positioned to be a catalyst for Florida’s economic boom

Building Biographies: The Sears Tower

Rents Stay High As Luxury Retailers Readjust

Retail rebounds for the holidays

ONE Sotheby’s Pros Leverage South Florida’s “Explosive” Real Estate Market

What happens when fintech blurs into proptech? | The REInterview with Ryan Simonetti

The Metaverse and Real Estate – What’s the Deal? | Paydirt

Building from Brooklyn to the Caribbean | Coffee Talk with RAL’s Robert A. Levine

Single-family rentals: The hottest sector in the real estate market

INSIDE THE NATIONAL ISSUE

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The Closing: Thad Wong

The Closing: Thad Wong

The Closing: Thad Wong

“Recipe for fraud”: The alleged scam that rocked South Florida’s biggest HOA

“Recipe for fraud”: The alleged scam that rocked South Florida’s biggest HOA

“Recipe for fraud”: The alleged scam that rocked South Florida’s biggest HOA

(Photo-illustration by Kevin Rebong/The Real Deal)

Sizing up LA’s new transfer tax

Sizing up LA’s new transfer tax

Survivors of the proptech apocalypse share lessons learned

Survivors of the proptech apocalypse share lessons learned

Survivors of the proptech apocalypse share lessons learned

Back to reality for Miami’s top residential brokers

Back to reality for Miami’s top residential brokers

Back to reality for Miami’s top residential brokers

The Lion King: Can Robert Rivani conquer Miami’s restaurant jungle?

The Lion King: Can Robert Rivani conquer Miami’s restaurant jungle?

The Lion King: Can Robert Rivani conquer Miami’s restaurant jungle?

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From left: Crown Proptech Acquisitions’ Richard Chera, CIIG Partners’ Gavin Cuneo and Michael Minnick (Getty, CIIG Partners)

Chera family SPAC is back on the hunt

By Orion Jones | January 17, 2023 07:51PM

The Chera family, one of New York’s biggest retail landlords, is renewing plans to take a real estate startup public through a merger with a blank-check company — months after a first attempt fell…

Chera family SPAC is back on the hunt

A photo illustration of missing Tishman Speyer executive Ana Walshe and charged husband Brian Walshe (Getty, LinkedIn)

National

Husband charged with murder of Tishman Speyer exec

By TRD Staff | January 17, 2023 04:25PM

Authorities have charged the husband of missing Tishman Speyer executive Ana Walshe with murder, WCVB reported. Walsh, a 39-year-old…

Husband charged with murder of Tishman Speyer exec

241 Water Street (Avison Young, Getty)

Blue Man Group’s Seaport school building hits market for $28M

By Pat Ralph | January 17, 2023 04:00PM

Blue Man Group has built an entertainment empire on silence. But their landlord hopes to make some noise with…

Blue Man Group’s Seaport school building hits market for $28M

30 Front Street

Olympia Dumbo penthouse tops Brooklyn luxury contracts

By Sheridan Wall | January 17, 2023 03:00PM

Olympia Dumbo is back on top of Brooklyn’s luxury contracts. A penthouse unit at 30 Front Street last asking…

Olympia Dumbo penthouse tops Brooklyn luxury contracts

10750 Oregon Road, Southold Town supervisor Scott Russell (Loopnet, Getty, Town of Southold)

Tri-State

Moratorium planned to stop North Fork battery project

By TRD Staff | January 17, 2023 02:00PM

In the North Fork, resistance to one development is poised to power a full-blown moratorium against battery storage. Southold…

Moratorium planned to stop North Fork battery project

Signature Bank’s Joseph DePaolo and Sam Bankman-Fried (SignatureNY, Getty)

As Signature severs crypto arm, CRE lending to suffer

By Suzannah Cavanaugh | January 17, 2023 01:00PM

When FTX collapsed in November, multifamily lender Signature Bank found itself scrambling to reassure investors that its cryptocurrency exposure…

As Signature severs crypto arm, CRE lending to suffer

Marvin Azrak of Maguire Capital and An aerial of 6208 8th Avenue (Google Maps)

Shahs of Sunset Park: Maguire, Watermark acquire massive Brooklyn dev site

By Keith Larsen | January 17, 2023 11:45AM

Maguire Capital and Watermark Capital have acquired the site of a long-stalled megaproject in Brooklyn’s Sunset Park. They hope…

Shahs of Sunset Park: Maguire, Watermark acquire massive Brooklyn dev site

Sortis Holdings’ Paul Brenneke, Ace Hotel on 20 West 29th Street (Googlwe Maps, Sortis Holdings, Getty)

Ace Hotel operator sold to hospitality firm for $85M

By TRD Staff | January 17, 2023 11:00AM

A Portland-based hospitality firm now has an ace up its sleeve after picking up the hotel group behind a…

Ace Hotel operator sold to hospitality firm for $85M

CNB Charts New Lending Territory in 2023

National Sponsored

CNB Charts New Lending Territory in 2023

January 17, 2023 07:00AM

The Real Deal caught up with City National Bank’s Jorge Gonzalez on the floor of the South Florida Real Estate Showcase and Forum to learn about CNB’s lending strategy for the next year. In…

CNB Charts New Lending Territory in 2023

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Won’t anyone buy this Upper West Side mansion? – Robert Khodadadian

The selling saga of an Upper West Side mansion is rolling along with another price cut for the landmarked townhouse. The asking price at 3 Riverside Drive was reduced to $13 million last week. It marked the second cut in listing price for the home since it came back on the market for $16 million in April, down $9 million from a year earlier. The mansion offers plenty to like, including river views, modern amenities

 The selling saga of an Upper West Side mansion is rolling along with another price cut for the landmarked townhouse. The asking price at 3 Riverside Drive was reduced to $13 million last week. It marked the second cut in listing price for the home since it came back on the market for $16 million in April, down $9 million from a year earlier. The mansion offers plenty to like, including river views, modern amenities
The post Won’t anyone buy this Upper West Side mansion? appeared first on The Real Deal New York.  Home Page, Residential Real Estate, Luxury Real Estate, riverside drive, upper west side The Real Deal New York 

Lead by real estate veteran Robert Khodadadian, Skyline Properties has been instrumental in many multi-million dollar commercial developments, including a $12 million contract for the White House Hotel, a 99-year ground lease of a four-story commercial site in Harlem, and a retail co-op on Prince St. for $50 million.

Robert Khodadadian has long had a simple philosophy about selling real estate. There are approximately a million buildings in the city, and the broker that gets to sell any one among the multitude that will hit the auctioning block at a given moment is, sometimes, simply the person who happens to pitch their services to the right seller.

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These projects survived the 421a apocalypse

REBNY’s Basha Gerhards with 1727 Amsterdam Avenue and 806 Ninth Avenue

REBNY’s Basha Gerhards with 1727 Amsterdam Avenue and 806 Ninth Avenue (Getty, REBNY, Think! Architecture & Design, The Hudson Companies)

These projects survived the 421a apocalypse

Mortgage applications surge 25% in the new year as interest rates drop

(Photo Illustration by Steven Dilakian for The Real Deal with Getty)

Mortgage applications surge 25% in the new year as interest rates drop

Chera family SPAC is back on the hunt

From left: Crown Proptech Acquisitions’ Richard Chera, CIIG Partners’ Gavin Cuneo and Michael Minnick (Getty, CIIG Partners)

Chera family SPAC is back on the hunt

Husband charged with murder of Tishman Speyer exec

A photo illustration of missing Tishman Speyer executive Ana Walshe and charged husband Brian Walshe (Getty, LinkedIn)

Husband charged with murder of Tishman Speyer exec

Shahs of Sunset Park: Maguire, Watermark acquire massive Brooklyn dev site

Marvin Azrak of Maguire Capital and An aerial of 6208 8th Avenue (Google Maps)

Shahs of Sunset Park: Maguire, Watermark acquire massive Brooklyn dev site

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LATEST NEWS

Macerich’s Thomas O’Hern with 3065 NY-50 (Google Maps, Getty, Macerich)

Macerich eyes residential component for upstate mall

By TRD Staff | January 18, 2023 01:00PM

Macerich’s Wilton Mall in Saratoga Springs is wilting, but its plan to add luxury homes isn’t germinating with the

Macerich eyes residential component for upstate mall

D.R. Horton’s Donald Horton with The Church of the Visitation and the Diocese of Trenton (D.R. Horton, Alchetron, Getty)

D.R. Horton in contract for 31 acres of NJ woodlands

By TRD Staff | January 18, 2023 12:00PM

New Jersey’s hottest development drama is Breton Woods, where 31 acres of woods are caught between a church, a…

D.R. Horton in contract for 31 acres of NJ woodlands

Redfin’s Glenn Kelman (Redfin, Getty)

National

Glenn Kelman: Redfin should have shuttered “risky” iBuying earlier

By TRD Staff | January 18, 2023 11:15AM

Glenn Kelman has at least one regret from a tumultuous 2022: keeping his company’s iBuyer going as long as…

Glenn Kelman: Redfin should have shuttered “risky” iBuying earlier

(Photo Illustration by Steven Dilakian for The Real Deal with Getty)

National

Mortgage applications surge 25% in the new year as interest rates drop

By Holden Walter-Warner | January 18, 2023 09:50AM

A drop in U.S. mortgage rates last week appeared to open the door for those who had purchases and…

Mortgage applications surge 25% in the new year as interest rates drop

Brickless brings its high-tech construction method to Fort Myers

National Sponsored

Brickless brings its high-tech construction method to Fort Myers

December 28, 2022 11:00AM

Brickless is supporting the American construction industry with its innovative, high tech building method and competitive pricing. The Real…

Brickless brings its high-tech construction method to Fort Myers

(Photo Illustration by Steven Dilakian for The Real Deal with Getty)

Manhattan retail market rises again, but momentum wanes

By Holden Walter-Warner | January 18, 2023 08:45AM

The Manhattan retail market continued its upward swing in the fourth quarter — barely. Across 16 of Manhattan’s shopping…

Manhattan retail market rises again, but momentum wanes

Montgomery Street Partners’ Luke Pak with 353 West 57th Street (Montgomery Street Partners, Google Maps, Getty)

Washington Heights apartments sell for $16M, leading quiet week for i-sales

By Pat Ralph | January 18, 2023 08:00AM

The city’s sluggish investment sales market all but paused last week, with just four deals for commercial properties valued…

Washington Heights apartments sell for $16M, leading quiet week for i-sales

Photo illustration of Pacaso’s Austin Allison (Illustration by Kevin Rebong for The Real Deal)

National

Pacaso’s Austin Allison on the who, what and why of co-ownership

By Hiten Samtani | December 13, 2022 08:45AM

Pacaso is in the eye of two torrential storms. The housing market is one of the most turbulent in…

Pacaso’s Austin Allison on the who, what and why of co-ownership

REBNY’s Basha Gerhards with 1727 Amsterdam Avenue and 806 Ninth Avenue

These projects survived the 421a apocalypse

By Suzannah Cavanaugh | January 18, 2023 07:00AM

It was no surprise when project filings for multifamily buildings nosedived 59 percent in the five months after the 421a tax abatement expired June 15. The surprise, rather, was that developers were starting new…

These projects survived the 421a apocalypse

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INSIDE THE NATIONAL ISSUE

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The Closing: Thad Wong

The Closing: Thad Wong

The Closing: Thad Wong

“Recipe for fraud”: The alleged scam that rocked South Florida’s biggest HOA

“Recipe for fraud”: The alleged scam that rocked South Florida’s biggest HOA

“Recipe for fraud”: The alleged scam that rocked South Florida’s biggest HOA

(Photo-illustration by Kevin Rebong/The Real Deal)

Sizing up LA’s new transfer tax

Sizing up LA’s new transfer tax

Survivors of the proptech apocalypse share lessons learned

Survivors of the proptech apocalypse share lessons learned

Survivors of the proptech apocalypse share lessons learned

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Back to reality for Miami’s top residential brokers

Back to reality for Miami’s top residential brokers

The Lion King: Can Robert Rivani conquer Miami’s restaurant jungle?

The Lion King: Can Robert Rivani conquer Miami’s restaurant jungle?

The Lion King: Can Robert Rivani conquer Miami’s restaurant jungle?

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From left: Crown Proptech Acquisitions’ Richard Chera, CIIG Partners’ Gavin Cuneo and Michael Minnick (Getty, CIIG Partners)

Chera family SPAC is back on the hunt

By Orion Jones | January 17, 2023 07:51PM

The Chera family, one of New York’s biggest retail landlords, is renewing plans to take a real estate startup public through a merger with a blank-check company — months after a first attempt fell…

Chera family SPAC is back on the hunt

A photo illustration of missing Tishman Speyer executive Ana Walshe and charged husband Brian Walshe (Getty, LinkedIn)

National

Husband charged with murder of Tishman Speyer exec

By TRD Staff | January 17, 2023 04:25PM

Authorities have charged the husband of missing Tishman Speyer executive Ana Walshe with murder, WCVB reported. Walsh, a 39-year-old…

Husband charged with murder of Tishman Speyer exec

241 Water Street (Avison Young, Getty)

Blue Man Group’s Seaport school building hits market for $28M

By Pat Ralph | January 17, 2023 04:00PM

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30 Front Street

Olympia Dumbo penthouse tops Brooklyn luxury contracts

By Sheridan Wall | January 17, 2023 03:00PM

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Olympia Dumbo penthouse tops Brooklyn luxury contracts

10750 Oregon Road, Southold Town supervisor Scott Russell (Loopnet, Getty, Town of Southold)

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Marvin Azrak of Maguire Capital and An aerial of 6208 8th Avenue (Google Maps)

Shahs of Sunset Park: Maguire, Watermark acquire massive Brooklyn dev site

By Keith Larsen | January 17, 2023 11:45AM

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Shahs of Sunset Park: Maguire, Watermark acquire massive Brooklyn dev site

Sortis Holdings’ Paul Brenneke, Ace Hotel on 20 West 29th Street (Googlwe Maps, Sortis Holdings, Getty)

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A Portland-based hospitality firm now has an ace up its sleeve after picking up the hotel group behind a…

Ace Hotel operator sold to hospitality firm for $85M

CNB Charts New Lending Territory in 2023

National Sponsored

CNB Charts New Lending Territory in 2023

January 17, 2023 07:00AM

The Real Deal caught up with City National Bank’s Jorge Gonzalez on the floor of the South Florida Real Estate Showcase and Forum to learn about CNB’s lending strategy for the next year. In…

CNB Charts New Lending Territory in 2023

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Big-box retail growth has Bed Bath & Beyond landlords thinking – Robert Khodadadian

Bed Bath & Beyond isn’t gone yet, but news of its potential bankruptcy has landlords already looking beyond the retailer. The real estate rebound of big-box retailers like Burlington and Barnes & Noble are fueling the hopeful fire among landlords of spaces with the potential to be vacated by the home goods store in the near future, the Wall Street Journal reported. There was a net expansion of 2,400 stores by retailers last year, according

 Bed Bath & Beyond isn’t gone yet, but news of its potential bankruptcy has landlords already looking beyond the retailer. The real estate rebound of big-box retailers like Burlington and Barnes & Noble are fueling the hopeful fire among landlords of spaces with the potential to be vacated by the home goods store in the near future, the Wall Street Journal reported. There was a net expansion of 2,400 stores by retailers last year, according
The post Big-box retail growth has Bed Bath & Beyond landlords thinking appeared first on The Real Deal New York.  Commercial Real Estate, Home Page, bankruptcy, Bed Bath & Beyond, Retail The Real Deal New York 

Lead by real estate veteran Robert Khodadadian, Skyline Properties has been instrumental in many multi-million dollar commercial developments, including a $12 million contract for the White House Hotel, a 99-year ground lease of a four-story commercial site in Harlem, and a retail co-op on Prince St. for $50 million.

Robert Khodadadian has long had a simple philosophy about selling real estate. There are approximately a million buildings in the city, and the broker that gets to sell any one among the multitude that will hit the auctioning block at a given moment is, sometimes, simply the person who happens to pitch their services to the right seller.

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These projects survived the 421a apocalypse

REBNY’s Basha Gerhards with 1727 Amsterdam Avenue and 806 Ninth Avenue

REBNY’s Basha Gerhards with 1727 Amsterdam Avenue and 806 Ninth Avenue (Getty, REBNY, Think! Architecture & Design, The Hudson Companies)

These projects survived the 421a apocalypse

Mortgage applications surge 25% in the new year as interest rates drop

(Photo Illustration by Steven Dilakian for The Real Deal with Getty)

Mortgage applications surge 25% in the new year as interest rates drop

Chera family SPAC is back on the hunt

From left: Crown Proptech Acquisitions’ Richard Chera, CIIG Partners’ Gavin Cuneo and Michael Minnick (Getty, CIIG Partners)

Chera family SPAC is back on the hunt

Husband charged with murder of Tishman Speyer exec

A photo illustration of missing Tishman Speyer executive Ana Walshe and charged husband Brian Walshe (Getty, LinkedIn)

Husband charged with murder of Tishman Speyer exec

Shahs of Sunset Park: Maguire, Watermark acquire massive Brooklyn dev site

Marvin Azrak of Maguire Capital and An aerial of 6208 8th Avenue (Google Maps)

Shahs of Sunset Park: Maguire, Watermark acquire massive Brooklyn dev site

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Macerich’s Thomas O’Hern with 3065 NY-50 (Google Maps, Getty, Macerich)

Macerich eyes residential component for upstate mall

By TRD Staff | January 18, 2023 01:00PM

Macerich’s Wilton Mall in Saratoga Springs is wilting, but its plan to add luxury homes isn’t germinating with the

Macerich eyes residential component for upstate mall

D.R. Horton’s Donald Horton with The Church of the Visitation and the Diocese of Trenton (D.R. Horton, Alchetron, Getty)

D.R. Horton in contract for 31 acres of NJ woodlands

By TRD Staff | January 18, 2023 12:00PM

New Jersey’s hottest development drama is Breton Woods, where 31 acres of woods are caught between a church, a…

D.R. Horton in contract for 31 acres of NJ woodlands

Redfin’s Glenn Kelman (Redfin, Getty)

National

Glenn Kelman: Redfin should have shuttered “risky” iBuying earlier

By TRD Staff | January 18, 2023 11:15AM

Glenn Kelman has at least one regret from a tumultuous 2022: keeping his company’s iBuyer going as long as…

Glenn Kelman: Redfin should have shuttered “risky” iBuying earlier

(Photo Illustration by Steven Dilakian for The Real Deal with Getty)

National

Mortgage applications surge 25% in the new year as interest rates drop

By Holden Walter-Warner | January 18, 2023 09:50AM

A drop in U.S. mortgage rates last week appeared to open the door for those who had purchases and…

Mortgage applications surge 25% in the new year as interest rates drop

Brickless brings its high-tech construction method to Fort Myers

National Sponsored

Brickless brings its high-tech construction method to Fort Myers

December 28, 2022 11:00AM

Brickless is supporting the American construction industry with its innovative, high tech building method and competitive pricing. The Real…

Brickless brings its high-tech construction method to Fort Myers

(Photo Illustration by Steven Dilakian for The Real Deal with Getty)

Manhattan retail market rises again, but momentum wanes

By Holden Walter-Warner | January 18, 2023 08:45AM

The Manhattan retail market continued its upward swing in the fourth quarter — barely. Across 16 of Manhattan’s shopping…

Manhattan retail market rises again, but momentum wanes

Montgomery Street Partners’ Luke Pak with 353 West 57th Street (Montgomery Street Partners, Google Maps, Getty)

Washington Heights apartments sell for $16M, leading quiet week for i-sales

By Pat Ralph | January 18, 2023 08:00AM

The city’s sluggish investment sales market all but paused last week, with just four deals for commercial properties valued…

Washington Heights apartments sell for $16M, leading quiet week for i-sales

Photo illustration of Pacaso’s Austin Allison (Illustration by Kevin Rebong for The Real Deal)

National

Pacaso’s Austin Allison on the who, what and why of co-ownership

By Hiten Samtani | December 13, 2022 08:45AM

Pacaso is in the eye of two torrential storms. The housing market is one of the most turbulent in…

Pacaso’s Austin Allison on the who, what and why of co-ownership

REBNY’s Basha Gerhards with 1727 Amsterdam Avenue and 806 Ninth Avenue

These projects survived the 421a apocalypse

By Suzannah Cavanaugh | January 18, 2023 07:00AM

It was no surprise when project filings for multifamily buildings nosedived 59 percent in the five months after the 421a tax abatement expired June 15. The surprise, rather, was that developers were starting new…

These projects survived the 421a apocalypse

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INSIDE THE NATIONAL ISSUE

arrow_forward_ios

The Closing: Thad Wong

The Closing: Thad Wong

The Closing: Thad Wong

“Recipe for fraud”: The alleged scam that rocked South Florida’s biggest HOA

“Recipe for fraud”: The alleged scam that rocked South Florida’s biggest HOA

“Recipe for fraud”: The alleged scam that rocked South Florida’s biggest HOA

(Photo-illustration by Kevin Rebong/The Real Deal)

Sizing up LA’s new transfer tax

Sizing up LA’s new transfer tax

Survivors of the proptech apocalypse share lessons learned

Survivors of the proptech apocalypse share lessons learned

Survivors of the proptech apocalypse share lessons learned

Back to reality for Miami’s top residential brokers

Back to reality for Miami’s top residential brokers

Back to reality for Miami’s top residential brokers

The Lion King: Can Robert Rivani conquer Miami’s restaurant jungle?

The Lion King: Can Robert Rivani conquer Miami’s restaurant jungle?

The Lion King: Can Robert Rivani conquer Miami’s restaurant jungle?

arrow_forward_ios

From left: Crown Proptech Acquisitions’ Richard Chera, CIIG Partners’ Gavin Cuneo and Michael Minnick (Getty, CIIG Partners)

Chera family SPAC is back on the hunt

By Orion Jones | January 17, 2023 07:51PM

The Chera family, one of New York’s biggest retail landlords, is renewing plans to take a real estate startup public through a merger with a blank-check company — months after a first attempt fell…

Chera family SPAC is back on the hunt

A photo illustration of missing Tishman Speyer executive Ana Walshe and charged husband Brian Walshe (Getty, LinkedIn)

National

Husband charged with murder of Tishman Speyer exec

By TRD Staff | January 17, 2023 04:25PM

Authorities have charged the husband of missing Tishman Speyer executive Ana Walshe with murder, WCVB reported. Walsh, a 39-year-old…

Husband charged with murder of Tishman Speyer exec

241 Water Street (Avison Young, Getty)

Blue Man Group’s Seaport school building hits market for $28M

By Pat Ralph | January 17, 2023 04:00PM

Blue Man Group has built an entertainment empire on silence. But their landlord hopes to make some noise with…

Blue Man Group’s Seaport school building hits market for $28M

30 Front Street

Olympia Dumbo penthouse tops Brooklyn luxury contracts

By Sheridan Wall | January 17, 2023 03:00PM

Olympia Dumbo is back on top of Brooklyn’s luxury contracts. A penthouse unit at 30 Front Street last asking…

Olympia Dumbo penthouse tops Brooklyn luxury contracts

10750 Oregon Road, Southold Town supervisor Scott Russell (Loopnet, Getty, Town of Southold)

Tri-State

Moratorium planned to stop North Fork battery project

By TRD Staff | January 17, 2023 02:00PM

In the North Fork, resistance to one development is poised to power a full-blown moratorium against battery storage. Southold…

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Signature Bank’s Joseph DePaolo and Sam Bankman-Fried (SignatureNY, Getty)

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Marvin Azrak of Maguire Capital and An aerial of 6208 8th Avenue (Google Maps)

Shahs of Sunset Park: Maguire, Watermark acquire massive Brooklyn dev site

By Keith Larsen | January 17, 2023 11:45AM

Maguire Capital and Watermark Capital have acquired the site of a long-stalled megaproject in Brooklyn’s Sunset Park. They hope…

Shahs of Sunset Park: Maguire, Watermark acquire massive Brooklyn dev site

Sortis Holdings’ Paul Brenneke, Ace Hotel on 20 West 29th Street (Googlwe Maps, Sortis Holdings, Getty)

Ace Hotel operator sold to hospitality firm for $85M

By TRD Staff | January 17, 2023 11:00AM

A Portland-based hospitality firm now has an ace up its sleeve after picking up the hotel group behind a…

Ace Hotel operator sold to hospitality firm for $85M

CNB Charts New Lending Territory in 2023

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CNB Charts New Lending Territory in 2023

January 17, 2023 07:00AM

The Real Deal caught up with City National Bank’s Jorge Gonzalez on the floor of the South Florida Real Estate Showcase and Forum to learn about CNB’s lending strategy for the next year. In…

CNB Charts New Lending Territory in 2023

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Robert Khodadadian – The Real Deal

Twitter has stopped paying its rent, auctioned off furniture and let go half of its employees. None of that is helping Shorenstein and JPMorgan refinance a $400 million loan on the company’s San Francisco headquarters. “Just the amount of headlines that have been on that building cannot be helping them,” said Emily Landes, Bay Area reporter for The Real Deal, adding that lenders don’t want to go near the property. On the latest episode of

 Twitter has stopped paying its rent, auctioned off furniture and let go half of its employees. None of that is helping Shorenstein and JPMorgan refinance a $400 million loan on the company’s San Francisco headquarters. “Just the amount of headlines that have been on that building cannot be helping them,” said Emily Landes, Bay Area reporter for The Real Deal, adding that lenders don’t want to go near the property. On the latest episode of
The post Twitter’s troubles aren’t helping San Francisco’s office market appeared first on The Real Deal New York.  Commercial Real Estate, Home Page, JPMorgan, podcast, Real Estate and Finance, San Francisco, shorenstein properties, twitter The Real Deal New York 

Robert Khodadadian has long had a simple philosophy about selling real estate. There are approximately a million buildings in the city, and the broker that gets to sell any one among the multitude that will hit the auctioning block at a given moment is, sometimes, simply the person who happens to pitch their services to the right seller.

What CoStar – and resi brokers – could get from a Move acquisition – Robert Khodadadian

CoStar Group’s potential deal with Rupert Murdoch’s News Corporation for Move Inc. could mean major changes for stakeholders and brokers alike. The commercial real estate behemoth has spent more than $2 billion on residential real estate deals over the last decade, beginning in 2014 with Apartments.com and later acquiring Homesnap in 2020 to launch Citysnap as a competitor to Zillow’s StreetEasy brand. But it’s still missing a crown jewel like Move’s Realtor.com. A regulatory filing

 CoStar Group’s potential deal with Rupert Murdoch’s News Corporation for Move Inc. could mean major changes for stakeholders and brokers alike. The commercial real estate behemoth has spent more than $2 billion on residential real estate deals over the last decade, beginning in 2014 with Apartments.com and later acquiring Homesnap in 2020 to launch Citysnap as a competitor to Zillow’s StreetEasy brand. But it’s still missing a crown jewel like Move’s Realtor.com. A regulatory filing
The post What CoStar – and resi brokers – could get from a Move acquisition appeared first on The Real Deal New York.  Home Page, Residential Real Estate, CoStar, Move, Proptech, Realtor.com, Residential Brokerage, StreetEasy, zillow The Real Deal New York 

Lead by real estate veteran Robert Khodadadian, Skyline Properties has been instrumental in many multi-million dollar commercial developments, including a $12 million contract for the White House Hotel, a 99-year ground lease of a four-story commercial site in Harlem, and a retail co-op on Prince St. for $50 million.

Robert Khodadadian has long had a simple philosophy about selling real estate. There are approximately a million buildings in the city, and the broker that gets to sell any one among the multitude that will hit the auctioning block at a given moment is, sometimes, simply the person who happens to pitch their services to the right seller.

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These projects survived the 421a apocalypse

REBNY’s Basha Gerhards with 1727 Amsterdam Avenue and 806 Ninth Avenue

REBNY’s Basha Gerhards with 1727 Amsterdam Avenue and 806 Ninth Avenue (Getty, REBNY, Think! Architecture & Design, The Hudson Companies)

These projects survived the 421a apocalypse

Mortgage applications surge 25% in the new year as interest rates drop

(Photo Illustration by Steven Dilakian for The Real Deal with Getty)

Mortgage applications surge 25% in the new year as interest rates drop

Chera family SPAC is back on the hunt

From left: Crown Proptech Acquisitions’ Richard Chera, CIIG Partners’ Gavin Cuneo and Michael Minnick (Getty, CIIG Partners)

Chera family SPAC is back on the hunt

Husband charged with murder of Tishman Speyer exec

A photo illustration of missing Tishman Speyer executive Ana Walshe and charged husband Brian Walshe (Getty, LinkedIn)

Husband charged with murder of Tishman Speyer exec

Shahs of Sunset Park: Maguire, Watermark acquire massive Brooklyn dev site

Marvin Azrak of Maguire Capital and An aerial of 6208 8th Avenue (Google Maps)

Shahs of Sunset Park: Maguire, Watermark acquire massive Brooklyn dev site

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Macerich’s Thomas O’Hern with 3065 NY-50 (Google Maps, Getty, Macerich)

Macerich eyes residential component for upstate mall

By TRD Staff | January 18, 2023 01:00PM

Macerich’s Wilton Mall in Saratoga Springs is wilting, but its plan to add luxury homes isn’t germinating with the

Macerich eyes residential component for upstate mall

D.R. Horton’s Donald Horton with The Church of the Visitation and the Diocese of Trenton (D.R. Horton, Alchetron, Getty)

D.R. Horton in contract for 31 acres of NJ woodlands

By TRD Staff | January 18, 2023 12:00PM

New Jersey’s hottest development drama is Breton Woods, where 31 acres of woods are caught between a church, a…

D.R. Horton in contract for 31 acres of NJ woodlands

Redfin’s Glenn Kelman (Redfin, Getty)

National

Glenn Kelman: Redfin should have shuttered “risky” iBuying earlier

By TRD Staff | January 18, 2023 11:15AM

Glenn Kelman has at least one regret from a tumultuous 2022: keeping his company’s iBuyer going as long as…

Glenn Kelman: Redfin should have shuttered “risky” iBuying earlier

(Photo Illustration by Steven Dilakian for The Real Deal with Getty)

National

Mortgage applications surge 25% in the new year as interest rates drop

By Holden Walter-Warner | January 18, 2023 09:50AM

A drop in U.S. mortgage rates last week appeared to open the door for those who had purchases and…

Mortgage applications surge 25% in the new year as interest rates drop

Brickless brings its high-tech construction method to Fort Myers

National Sponsored

Brickless brings its high-tech construction method to Fort Myers

December 28, 2022 11:00AM

Brickless is supporting the American construction industry with its innovative, high tech building method and competitive pricing. The Real…

Brickless brings its high-tech construction method to Fort Myers

(Photo Illustration by Steven Dilakian for The Real Deal with Getty)

Manhattan retail market rises again, but momentum wanes

By Holden Walter-Warner | January 18, 2023 08:45AM

The Manhattan retail market continued its upward swing in the fourth quarter — barely. Across 16 of Manhattan’s shopping…

Manhattan retail market rises again, but momentum wanes

Montgomery Street Partners’ Luke Pak with 353 West 57th Street (Montgomery Street Partners, Google Maps, Getty)

Washington Heights apartments sell for $16M, leading quiet week for i-sales

By Pat Ralph | January 18, 2023 08:00AM

The city’s sluggish investment sales market all but paused last week, with just four deals for commercial properties valued…

Washington Heights apartments sell for $16M, leading quiet week for i-sales

Photo illustration of Pacaso’s Austin Allison (Illustration by Kevin Rebong for The Real Deal)

National

Pacaso’s Austin Allison on the who, what and why of co-ownership

By Hiten Samtani | December 13, 2022 08:45AM

Pacaso is in the eye of two torrential storms. The housing market is one of the most turbulent in…

Pacaso’s Austin Allison on the who, what and why of co-ownership

REBNY’s Basha Gerhards with 1727 Amsterdam Avenue and 806 Ninth Avenue

These projects survived the 421a apocalypse

By Suzannah Cavanaugh | January 18, 2023 07:00AM

It was no surprise when project filings for multifamily buildings nosedived 59 percent in the five months after the 421a tax abatement expired June 15. The surprise, rather, was that developers were starting new…

These projects survived the 421a apocalypse

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The Closing: Thad Wong

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The Lion King: Can Robert Rivani conquer Miami’s restaurant jungle?

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From left: Crown Proptech Acquisitions’ Richard Chera, CIIG Partners’ Gavin Cuneo and Michael Minnick (Getty, CIIG Partners)

Chera family SPAC is back on the hunt

By Orion Jones | January 17, 2023 07:51PM

The Chera family, one of New York’s biggest retail landlords, is renewing plans to take a real estate startup public through a merger with a blank-check company — months after a first attempt fell…

Chera family SPAC is back on the hunt

A photo illustration of missing Tishman Speyer executive Ana Walshe and charged husband Brian Walshe (Getty, LinkedIn)

National

Husband charged with murder of Tishman Speyer exec

By TRD Staff | January 17, 2023 04:25PM

Authorities have charged the husband of missing Tishman Speyer executive Ana Walshe with murder, WCVB reported. Walsh, a 39-year-old…

Husband charged with murder of Tishman Speyer exec

241 Water Street (Avison Young, Getty)

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30 Front Street

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10750 Oregon Road, Southold Town supervisor Scott Russell (Loopnet, Getty, Town of Southold)

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Marvin Azrak of Maguire Capital and An aerial of 6208 8th Avenue (Google Maps)

Shahs of Sunset Park: Maguire, Watermark acquire massive Brooklyn dev site

By Keith Larsen | January 17, 2023 11:45AM

Maguire Capital and Watermark Capital have acquired the site of a long-stalled megaproject in Brooklyn’s Sunset Park. They hope…

Shahs of Sunset Park: Maguire, Watermark acquire massive Brooklyn dev site

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Ace Hotel operator sold to hospitality firm for $85M

By TRD Staff | January 17, 2023 11:00AM

A Portland-based hospitality firm now has an ace up its sleeve after picking up the hotel group behind a…

Ace Hotel operator sold to hospitality firm for $85M

CNB Charts New Lending Territory in 2023

National Sponsored

CNB Charts New Lending Territory in 2023

January 17, 2023 07:00AM

The Real Deal caught up with City National Bank’s Jorge Gonzalez on the floor of the South Florida Real Estate Showcase and Forum to learn about CNB’s lending strategy for the next year. In…

CNB Charts New Lending Territory in 2023

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All rights reserved © 2023 The Real Deal is a registered Trademark of Korangy Publishing Inc.

450 West 31st Street, New York, NY 10001 Phone: 212-260-1332

New York Real Estate News – The Real Deal

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NYC’s most valuable building, and other nuggets from the tax roll – Robert Khodadadian

Buried in the bewildering data dump that is the city’s tentative property assessment are nuggets of interest to real estate. For one, the 1.8 million-square-foot GM Building just became the most valuable in the city with a market value of $1.9 billion — up 17 percent from a year ago. Its billable value increased by 6.4 percent to $796 million. For the lay reader wondering why the two values are so different and went up

 Buried in the bewildering data dump that is the city’s tentative property assessment are nuggets of interest to real estate. For one, the 1.8 million-square-foot GM Building just became the most valuable in the city with a market value of $1.9 billion — up 17 percent from a year ago. Its billable value increased by 6.4 percent to $796 million. For the lay reader wondering why the two values are so different and went up
The post NYC’s most valuable building, and other nuggets from the tax roll appeared first on The Real Deal New York.  Commercial Real Estate, Home Page, GM Building, Hotels, Property taxes, taxes The Real Deal New York 

Lead by real estate veteran Robert Khodadadian, Skyline Properties has been instrumental in many multi-million dollar commercial developments, including a $12 million contract for the White House Hotel, a 99-year ground lease of a four-story commercial site in Harlem, and a retail co-op on Prince St. for $50 million.

Robert Khodadadian has long had a simple philosophy about selling real estate. There are approximately a million buildings in the city, and the broker that gets to sell any one among the multitude that will hit the auctioning block at a given moment is, sometimes, simply the person who happens to pitch their services to the right seller.

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GNL1.87%

HOV2.69%

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MET1.10%

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NMRK0.06%

PGRE0.73%

PK1.18%

PURP.L0.48%

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REG2.02%

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These projects survived the 421a apocalypse

REBNY’s Basha Gerhards with 1727 Amsterdam Avenue and 806 Ninth Avenue

REBNY’s Basha Gerhards with 1727 Amsterdam Avenue and 806 Ninth Avenue (Getty, REBNY, Think! Architecture & Design, The Hudson Companies)

These projects survived the 421a apocalypse

Mortgage applications surge 25% in the new year as interest rates drop

(Photo Illustration by Steven Dilakian for The Real Deal with Getty)

Mortgage applications surge 25% in the new year as interest rates drop

Chera family SPAC is back on the hunt

From left: Crown Proptech Acquisitions’ Richard Chera, CIIG Partners’ Gavin Cuneo and Michael Minnick (Getty, CIIG Partners)

Chera family SPAC is back on the hunt

Husband charged with murder of Tishman Speyer exec

A photo illustration of missing Tishman Speyer executive Ana Walshe and charged husband Brian Walshe (Getty, LinkedIn)

Husband charged with murder of Tishman Speyer exec

Shahs of Sunset Park: Maguire, Watermark acquire massive Brooklyn dev site

Marvin Azrak of Maguire Capital and An aerial of 6208 8th Avenue (Google Maps)

Shahs of Sunset Park: Maguire, Watermark acquire massive Brooklyn dev site

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Macerich’s Thomas O’Hern with 3065 NY-50 (Google Maps, Getty, Macerich)

Macerich eyes residential component for upstate mall

By TRD Staff | January 18, 2023 01:00PM

Macerich’s Wilton Mall in Saratoga Springs is wilting, but its plan to add luxury homes isn’t germinating with the

Macerich eyes residential component for upstate mall

D.R. Horton’s Donald Horton with The Church of the Visitation and the Diocese of Trenton (D.R. Horton, Alchetron, Getty)

D.R. Horton in contract for 31 acres of NJ woodlands

By TRD Staff | January 18, 2023 12:00PM

New Jersey’s hottest development drama is Breton Woods, where 31 acres of woods are caught between a church, a…

D.R. Horton in contract for 31 acres of NJ woodlands

Redfin’s Glenn Kelman (Redfin, Getty)

National

Glenn Kelman: Redfin should have shuttered “risky” iBuying earlier

By TRD Staff | January 18, 2023 11:15AM

Glenn Kelman has at least one regret from a tumultuous 2022: keeping his company’s iBuyer going as long as…

Glenn Kelman: Redfin should have shuttered “risky” iBuying earlier

(Photo Illustration by Steven Dilakian for The Real Deal with Getty)

National

Mortgage applications surge 25% in the new year as interest rates drop

By Holden Walter-Warner | January 18, 2023 09:50AM

A drop in U.S. mortgage rates last week appeared to open the door for those who had purchases and…

Mortgage applications surge 25% in the new year as interest rates drop

Brickless brings its high-tech construction method to Fort Myers

National Sponsored

Brickless brings its high-tech construction method to Fort Myers

December 28, 2022 11:00AM

Brickless is supporting the American construction industry with its innovative, high tech building method and competitive pricing. The Real…

Brickless brings its high-tech construction method to Fort Myers

(Photo Illustration by Steven Dilakian for The Real Deal with Getty)

Manhattan retail market rises again, but momentum wanes

By Holden Walter-Warner | January 18, 2023 08:45AM

The Manhattan retail market continued its upward swing in the fourth quarter — barely. Across 16 of Manhattan’s shopping…

Manhattan retail market rises again, but momentum wanes

Montgomery Street Partners’ Luke Pak with 353 West 57th Street (Montgomery Street Partners, Google Maps, Getty)

Washington Heights apartments sell for $16M, leading quiet week for i-sales

By Pat Ralph | January 18, 2023 08:00AM

The city’s sluggish investment sales market all but paused last week, with just four deals for commercial properties valued…

Washington Heights apartments sell for $16M, leading quiet week for i-sales

Photo illustration of Pacaso’s Austin Allison (Illustration by Kevin Rebong for The Real Deal)

National

Pacaso’s Austin Allison on the who, what and why of co-ownership

By Hiten Samtani | December 13, 2022 08:45AM

Pacaso is in the eye of two torrential storms. The housing market is one of the most turbulent in…

Pacaso’s Austin Allison on the who, what and why of co-ownership

REBNY’s Basha Gerhards with 1727 Amsterdam Avenue and 806 Ninth Avenue

These projects survived the 421a apocalypse

By Suzannah Cavanaugh | January 18, 2023 07:00AM

It was no surprise when project filings for multifamily buildings nosedived 59 percent in the five months after the 421a tax abatement expired June 15. The surprise, rather, was that developers were starting new…

These projects survived the 421a apocalypse

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From left: Crown Proptech Acquisitions’ Richard Chera, CIIG Partners’ Gavin Cuneo and Michael Minnick (Getty, CIIG Partners)

Chera family SPAC is back on the hunt

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The Chera family, one of New York’s biggest retail landlords, is renewing plans to take a real estate startup public through a merger with a blank-check company — months after a first attempt fell…

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A photo illustration of missing Tishman Speyer executive Ana Walshe and charged husband Brian Walshe (Getty, LinkedIn)

National

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241 Water Street (Avison Young, Getty)

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Auction set for long-vacant East Village school as owner vows to keep fighting – Robert Khodadadian

Gregg Singer’s languishing school building in the East Village is headed to the auction block after a judge gave his argument to save the property a failing grade. Singer has been trying to hang onto the site at 605 East 9th Street, formerly Public School 64, against a foreclosure attempt from lender Madison Realty Capital since 2018, and was initially successful in delaying the proceeding. But early last year, a state court judge ruled that

 Gregg Singer’s languishing school building in the East Village is headed to the auction block after a judge gave his argument to save the property a failing grade. Singer has been trying to hang onto the site at 605 East 9th Street, formerly Public School 64, against a foreclosure attempt from lender Madison Realty Capital since 2018, and was initially successful in delaying the proceeding. But early last year, a state court judge ruled that
The post Auction set for long-vacant East Village school as owner vows to keep fighting appeared first on The Real Deal New York.  Commercial Real Estate, Home Page, east village, Foreclosure, Madison Realty The Real Deal New York 

Lead by real estate veteran Robert Khodadadian, Skyline Properties has been instrumental in many multi-million dollar commercial developments, including a $12 million contract for the White House Hotel, a 99-year ground lease of a four-story commercial site in Harlem, and a retail co-op on Prince St. for $50 million.

Robert Khodadadian has long had a simple philosophy about selling real estate. There are approximately a million buildings in the city, and the broker that gets to sell any one among the multitude that will hit the auctioning block at a given moment is, sometimes, simply the person who happens to pitch their services to the right seller.

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TRENDING:

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ACRE0.34%

AMT2.03%

COLD0.29%

DLR1.10%

CUBE0.59%

STOR0.05%

STAG0.63%

IIPR2.26%

AHT0.51%

AKR2.10%

AVB1.15%

CBRE0.60%

CIGI0.48%

CLPR0.29%

CWK0.04%

DRH0.68%

ELS0.28%

EQR1.21%

ESRT0.07%

EXPI0.96%

GNL1.87%

HOV2.69%

LTC0.45%

MET1.10%

MMI0.21%

NMRK0.06%

PGRE0.73%

PK1.18%

PURP.L0.48%

RDFN7.06%

REG2.02%

RMAX1.19%

SLG1.69%

SPG-PJ0.01%

STWD0.07%

TOL0.98%

VGR1.20%

VNO0.92%

Z0.34%

These projects survived the 421a apocalypse

REBNY’s Basha Gerhards with 1727 Amsterdam Avenue and 806 Ninth Avenue

REBNY’s Basha Gerhards with 1727 Amsterdam Avenue and 806 Ninth Avenue (Getty, REBNY, Think! Architecture & Design, The Hudson Companies)

These projects survived the 421a apocalypse

Mortgage applications surge 25% in the new year as interest rates drop

(Photo Illustration by Steven Dilakian for The Real Deal with Getty)

Mortgage applications surge 25% in the new year as interest rates drop

Chera family SPAC is back on the hunt

From left: Crown Proptech Acquisitions’ Richard Chera, CIIG Partners’ Gavin Cuneo and Michael Minnick (Getty, CIIG Partners)

Chera family SPAC is back on the hunt

Husband charged with murder of Tishman Speyer exec

A photo illustration of missing Tishman Speyer executive Ana Walshe and charged husband Brian Walshe (Getty, LinkedIn)

Husband charged with murder of Tishman Speyer exec

Shahs of Sunset Park: Maguire, Watermark acquire massive Brooklyn dev site

Marvin Azrak of Maguire Capital and An aerial of 6208 8th Avenue (Google Maps)

Shahs of Sunset Park: Maguire, Watermark acquire massive Brooklyn dev site

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LATEST NEWS

Macerich’s Thomas O’Hern with 3065 NY-50 (Google Maps, Getty, Macerich)

Macerich eyes residential component for upstate mall

By TRD Staff | January 18, 2023 01:00PM

Macerich’s Wilton Mall in Saratoga Springs is wilting, but its plan to add luxury homes isn’t germinating with the

Macerich eyes residential component for upstate mall

D.R. Horton’s Donald Horton with The Church of the Visitation and the Diocese of Trenton (D.R. Horton, Alchetron, Getty)

D.R. Horton in contract for 31 acres of NJ woodlands

By TRD Staff | January 18, 2023 12:00PM

New Jersey’s hottest development drama is Breton Woods, where 31 acres of woods are caught between a church, a…

D.R. Horton in contract for 31 acres of NJ woodlands

Redfin’s Glenn Kelman (Redfin, Getty)

National

Glenn Kelman: Redfin should have shuttered “risky” iBuying earlier

By TRD Staff | January 18, 2023 11:15AM

Glenn Kelman has at least one regret from a tumultuous 2022: keeping his company’s iBuyer going as long as…

Glenn Kelman: Redfin should have shuttered “risky” iBuying earlier

(Photo Illustration by Steven Dilakian for The Real Deal with Getty)

National

Mortgage applications surge 25% in the new year as interest rates drop

By Holden Walter-Warner | January 18, 2023 09:50AM

A drop in U.S. mortgage rates last week appeared to open the door for those who had purchases and…

Mortgage applications surge 25% in the new year as interest rates drop

Brickless brings its high-tech construction method to Fort Myers

National Sponsored

Brickless brings its high-tech construction method to Fort Myers

December 28, 2022 11:00AM

Brickless is supporting the American construction industry with its innovative, high tech building method and competitive pricing. The Real…

Brickless brings its high-tech construction method to Fort Myers

(Photo Illustration by Steven Dilakian for The Real Deal with Getty)

Manhattan retail market rises again, but momentum wanes

By Holden Walter-Warner | January 18, 2023 08:45AM

The Manhattan retail market continued its upward swing in the fourth quarter — barely. Across 16 of Manhattan’s shopping…

Manhattan retail market rises again, but momentum wanes

Montgomery Street Partners’ Luke Pak with 353 West 57th Street (Montgomery Street Partners, Google Maps, Getty)

Washington Heights apartments sell for $16M, leading quiet week for i-sales

By Pat Ralph | January 18, 2023 08:00AM

The city’s sluggish investment sales market all but paused last week, with just four deals for commercial properties valued…

Washington Heights apartments sell for $16M, leading quiet week for i-sales

Photo illustration of Pacaso’s Austin Allison (Illustration by Kevin Rebong for The Real Deal)

National

Pacaso’s Austin Allison on the who, what and why of co-ownership

By Hiten Samtani | December 13, 2022 08:45AM

Pacaso is in the eye of two torrential storms. The housing market is one of the most turbulent in…

Pacaso’s Austin Allison on the who, what and why of co-ownership

REBNY’s Basha Gerhards with 1727 Amsterdam Avenue and 806 Ninth Avenue

These projects survived the 421a apocalypse

By Suzannah Cavanaugh | January 18, 2023 07:00AM

It was no surprise when project filings for multifamily buildings nosedived 59 percent in the five months after the 421a tax abatement expired June 15. The surprise, rather, was that developers were starting new…

These projects survived the 421a apocalypse

TOP VIDEOS

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Jay Parker explains the South Florida Market | TRD Brand Studio

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Where are they now: pre-pandemic development projects

Can co-ownership of second homes be a viable business? An interview with Pacaso CEO Austin Allison

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These are the pricest home sales in Chicago this year

These real estate characters are small-screen favorites

Miky Grendene on hospitality-branded developments, Ora by Casa Tua in Brickell and barefoot luxury

Are we in a recession? | TRD Explains

Why brokerage in the U.S. is a “more respectful profession” | SF Confidential

Inside the new Domino Sugar Refinery

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Marcus Lemonis on entrepreneurship, generational wealth, and more | Coffee Talk

How to start out as a real estate broker | SF Confidential

Billionaire Related moguls Steve Ross and Jorge Perez split

Building Class-A office South of Fifth | Inside the Thermador Green Room

As commuters come back, developers jump on transit-oriented sites | Inside the Thermador Green Room

Where does Opendoor go from here? Breaking down iBuying with Mike DelPrete

Understanding Compass’ latest financials

Oren Alexander on launching a brokerage for the “truly high end” | Inside the Thermador Green Room

Santiago Arana on expanding through South Florida | Inside the Thermador Green Room

Why “Wall Street South” may be an “exaggeration” for Palm Beach | Inside the Thermador Green Room

Revisiting South Florida’s retail fundamentals | Inside the Thermador Green Room

International buyers are “already returning”, says Defortuna | Inside the Thermador Green Room

Life after FTX: What happens to the crypto buyer pool now? | Story Spotlight

Corcoran CEO Pam Liebman explains the resi market whiplash | Inside the Thermador Green Room

Miami’s next generation of developers | TRD’s 2022 South Florida Showcase + Forum

Miami is the last man standing” for luxury hospitality | TRD’s 2022 South Florida Showcase + Forum

Ryan Serhant on the Snowball Effect & Broker Insanity | Inside the Thermador Green Room

Michael Shvo & Jeff Greene talk opportunities in office | TRD’s 2022 South Florida Showcase + Forum

Robert Rivani on Rebuilding South of Fifth | Inside the Thermador Green Room

Resi execs: “the real pain hasn’t hit” | TRD’s 2022 South Florida Showcase + Forum

Winter isn’t coming for South Florida’s developers | TRD’s 2022 South Florida Showcase + Forum

San Francisco will “transcend” issues | SF Confidential

Compass CEO Robert Reffkin on the brokerage’s future | TRD’s 2022 South Florida Showcase + Forum

Larry Hashbarger on SF’s shifting cultural centers | SF Confidential

How iconic venue AsiaSF came onto the San Francisco scene | SF Confidential

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“Most people want to see more housing,” say Sen. Wiener | SF Confidential

Understanding Contracts | The Blueprint

Building Bio: The History Behind Fifth Avenue

All Eyes On San Francisco | SF Confidential

As Seen On… Severance | Inside Bell Works

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This Week on Deconstruct: in Powell vs. Inflation, the Housing Market is a Casualty & more

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A Day in the Life of a ConTech CEO

Coffee Talk with Peerage Capital’s Miles Nadal

As Seen On: Succession

Ask Me (Almost) Anything: Mauricio Umansky

These NYC pols can sink your real estate development – or help it swim

Miko Marks and Herman Chan talk remote work | SF Confidential

Inside the drama at Compass | The Daily Dirt LIVE

How Miko Marks made her mark on the country scene | SF Confidential

TRD Explains: Broker Tech

SF’s housing has changed the arts scene | SF Confidential

These numbers make or break your real estate development | The Blueprint

How much money can you really make in real estate?

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Inside Adam Neumann’s next venture, Flow

How JennAir is using sustainability and high-end design to shift the appliance industry forward

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Inside Design for the Future

Who hurts and who’s helped by a real estate market slowdown?

Are Miami, NYC, or San Fran in a housing bubble?

Inside the Biggest New Development in Washington Heights

The housing market is pretty, pretty crazy | Paydirt

Private equity firm Carlyle Group buys up Brooklyn apartment buildings

What’s a housing bubble? | TRD Explains

Inflation Hits Ground Leases | The Daily Dirt LIVE

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Are agents stars or soldiers? Depends on what brokerage you ask | Paydirt

Selling on Social: how new media draws in new buyers

Proptech’s tipping point | TRD’s 2022 NYC Showcase + F…

A Fireside Chat with Gary Barnett | TRD’s 2022 NYC Showcase + Forum

Decarbonizing real estate may be the “most important” investment right now | Inside the Green Room

BRP Founder: a deal “has to be done” to save development tax abatements | Inside the Green Room

The New Kings of New York: NYC’s real estate titans and the deals that defined the skyline

New York’s renaissance & the long arc of megadevelopment | Coffee Talk with Rob Speyer

Why Miki Naftali thinks pricing growth will slow | Inside the Green Room

BIG Partner on creating a waterfront park out of a brownfield | Inside the Green Room

Sizing Up Development: Moving product and launching new projects | TRD’s 2022 NYC Showcase + Forum

Where Gary Barnett is grabbing financing today | Inside the Green Room

How Queens became the king of new development opportunities

Star Brokers: is celebrity the key to real estate success?

What can Tom Suozzi do for the real estate industry?

Todd Glaser on developing dream homes for billionaires | The Closing

What’s at stake in the battle over 421a, good cause eviction | The Daily Dirt LIVE

High Times for Retail: Cannabis Businesses Start Looking For Space

Building Bio: The Burj Khalifa

Can the single-family home become a commodity? Roofstock thinks so | Paydirt

Lendlease COO on the next generation of megaprojects | The REInterview

Webinar: 2022 State of The Real Estate Market: East Coast Study

TRD Explains: Mortgage Rates

Kent Swig Reads from The New Kings of New York

Brooklyn Tower: The Inside Story Behind JDS’ Supertall Skyscraper At 9 Dekalb

$13M Flatbush mansion aims to raise the bar for Brooklyn’s luxury market

How Rick Caruso Became A Real Estate Billionaire

How the “New Kings of New York” Took Shape | Coffee Talk

Why do Russian oligarchs by US properties?

The Drama Behind the Leaning Tower of New York City at 1 Seaport

Built differently: How materials science may change our skyline | Paydirt

How Josh Schuster’s Silverback is weathering the storm

How Inflation Impacts Real Estate | TRD Explains

Office owners consider converting to condos

Inside the U.S. properties of Russia’s wealthiest

Breaking down the Ukraine invasion’s potential impact on US real estate

Hotelier Amar Lalvani on scaling The Standard | The Closing

How Miami became the least affordable housing market in the nation

Disney Gets Into The Development Game

Rent to own: Wall Street loves this controversial path to homeownership | Paydirt

Welcome To The Cryptocracy: Story Spotlight

How Peter Fine went from social worker to major developer to Broadway producer | Coffee Talk with Amir Korangy

Has a rezoning remade Inwood?

How To Get Ready For Local Law 97

Adrienne Arsht Estate Hits The Market For $150 Million

How New York real estate can lead the fight on climate change | The REInterview

What’s the fate of the Elizabeth Street Garden?

Inside the rental tech ecosystem with RET Ventures’ Chris Yip | The REInterview

432 Park’s Missing Billionaire | Story Spotlight

TRD Explains: Depreciation

The Booms and Busts of Mega-Mansion Developer Mohamed Hadid | Celeb Special

BSH’s luxury brands are set to dominate the home appliance market in 2022

How Does An “Uninhabitable” House Sell for $2M?

There’s a new adminstration in NYC. What does that mean for real estate?

Last Mile-High Club: Drivers of industrial real estate’s boom | Paydirt

These are the 5 biggest sales in the Hamptons in 2021

The Landscape for Construction Tech in 2022 | Paydirt

These Are The Biggest New Developments Filed in NYC in 2021

City National Bank CEO Gonzalez: CNB is positioned to be a catalyst for Florida’s economic boom

Building Biographies: The Sears Tower

Rents Stay High As Luxury Retailers Readjust

Retail rebounds for the holidays

ONE Sotheby’s Pros Leverage South Florida’s “Explosive” Real Estate Market

What happens when fintech blurs into proptech? | The REInterview with Ryan Simonetti

The Metaverse and Real Estate – What’s the Deal? | Paydirt

Building from Brooklyn to the Caribbean | Coffee Talk with RAL’s Robert A. Levine

Single-family rentals: The hottest sector in the real estate market

INSIDE THE NATIONAL ISSUE

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The Closing: Thad Wong

The Closing: Thad Wong

The Closing: Thad Wong

“Recipe for fraud”: The alleged scam that rocked South Florida’s biggest HOA

“Recipe for fraud”: The alleged scam that rocked South Florida’s biggest HOA

“Recipe for fraud”: The alleged scam that rocked South Florida’s biggest HOA

(Photo-illustration by Kevin Rebong/The Real Deal)

Sizing up LA’s new transfer tax

Sizing up LA’s new transfer tax

Survivors of the proptech apocalypse share lessons learned

Survivors of the proptech apocalypse share lessons learned

Survivors of the proptech apocalypse share lessons learned

Back to reality for Miami’s top residential brokers

Back to reality for Miami’s top residential brokers

Back to reality for Miami’s top residential brokers

The Lion King: Can Robert Rivani conquer Miami’s restaurant jungle?

The Lion King: Can Robert Rivani conquer Miami’s restaurant jungle?

The Lion King: Can Robert Rivani conquer Miami’s restaurant jungle?

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From left: Crown Proptech Acquisitions’ Richard Chera, CIIG Partners’ Gavin Cuneo and Michael Minnick (Getty, CIIG Partners)

Chera family SPAC is back on the hunt

By Orion Jones | January 17, 2023 07:51PM

The Chera family, one of New York’s biggest retail landlords, is renewing plans to take a real estate startup public through a merger with a blank-check company — months after a first attempt fell…

Chera family SPAC is back on the hunt

A photo illustration of missing Tishman Speyer executive Ana Walshe and charged husband Brian Walshe (Getty, LinkedIn)

National

Husband charged with murder of Tishman Speyer exec

By TRD Staff | January 17, 2023 04:25PM

Authorities have charged the husband of missing Tishman Speyer executive Ana Walshe with murder, WCVB reported. Walsh, a 39-year-old…

Husband charged with murder of Tishman Speyer exec

241 Water Street (Avison Young, Getty)

Blue Man Group’s Seaport school building hits market for $28M

By Pat Ralph | January 17, 2023 04:00PM

Blue Man Group has built an entertainment empire on silence. But their landlord hopes to make some noise with…

Blue Man Group’s Seaport school building hits market for $28M

30 Front Street

Olympia Dumbo penthouse tops Brooklyn luxury contracts

By Sheridan Wall | January 17, 2023 03:00PM

Olympia Dumbo is back on top of Brooklyn’s luxury contracts. A penthouse unit at 30 Front Street last asking…

Olympia Dumbo penthouse tops Brooklyn luxury contracts

10750 Oregon Road, Southold Town supervisor Scott Russell (Loopnet, Getty, Town of Southold)

Tri-State

Moratorium planned to stop North Fork battery project

By TRD Staff | January 17, 2023 02:00PM

In the North Fork, resistance to one development is poised to power a full-blown moratorium against battery storage. Southold…

Moratorium planned to stop North Fork battery project

Signature Bank’s Joseph DePaolo and Sam Bankman-Fried (SignatureNY, Getty)

As Signature severs crypto arm, CRE lending to suffer

By Suzannah Cavanaugh | January 17, 2023 01:00PM

When FTX collapsed in November, multifamily lender Signature Bank found itself scrambling to reassure investors that its cryptocurrency exposure…

As Signature severs crypto arm, CRE lending to suffer

Marvin Azrak of Maguire Capital and An aerial of 6208 8th Avenue (Google Maps)

Shahs of Sunset Park: Maguire, Watermark acquire massive Brooklyn dev site

By Keith Larsen | January 17, 2023 11:45AM

Maguire Capital and Watermark Capital have acquired the site of a long-stalled megaproject in Brooklyn’s Sunset Park. They hope…

Shahs of Sunset Park: Maguire, Watermark acquire massive Brooklyn dev site

Sortis Holdings’ Paul Brenneke, Ace Hotel on 20 West 29th Street (Googlwe Maps, Sortis Holdings, Getty)

Ace Hotel operator sold to hospitality firm for $85M

By TRD Staff | January 17, 2023 11:00AM

A Portland-based hospitality firm now has an ace up its sleeve after picking up the hotel group behind a…

Ace Hotel operator sold to hospitality firm for $85M

CNB Charts New Lending Territory in 2023

National Sponsored

CNB Charts New Lending Territory in 2023

January 17, 2023 07:00AM

The Real Deal caught up with City National Bank’s Jorge Gonzalez on the floor of the South Florida Real Estate Showcase and Forum to learn about CNB’s lending strategy for the next year. In…

CNB Charts New Lending Territory in 2023

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How Albany is dealing with its 1K vacant buildings – Robert Khodadadian

As New York grapples with a housing shortage, Albany is dealing with the nearly 1,000 vacant buildings, many of which have sat empty for years, the Albany Times Union reported. The 974 vacant buildings — more than 800 of which were once homes — represent about 3 percent of the property in the city, the outlet said. But most of them are located in neighborhoods with many low-income and Black residents, their concentrations the result

 As New York grapples with a housing shortage, Albany is dealing with the nearly 1,000 vacant buildings, many of which have sat empty for years, the Albany Times Union reported. The 974 vacant buildings — more than 800 of which were once homes — represent about 3 percent of the property in the city, the outlet said. But most of them are located in neighborhoods with many low-income and Black residents, their concentrations the result
The post How Albany is dealing with its 1K vacant buildings appeared first on The Real Deal New York.  Home Page, Politics, housing shortage, redevelopment, Residential Real Estate The Real Deal New York 

Lead by real estate veteran Robert Khodadadian, Skyline Properties has been instrumental in many multi-million dollar commercial developments, including a $12 million contract for the White House Hotel, a 99-year ground lease of a four-story commercial site in Harlem, and a retail co-op on Prince St. for $50 million.

Robert Khodadadian has long had a simple philosophy about selling real estate. There are approximately a million buildings in the city, and the broker that gets to sell any one among the multitude that will hit the auctioning block at a given moment is, sometimes, simply the person who happens to pitch their services to the right seller.

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These projects survived the 421a apocalypse

REBNY’s Basha Gerhards with 1727 Amsterdam Avenue and 806 Ninth Avenue

REBNY’s Basha Gerhards with 1727 Amsterdam Avenue and 806 Ninth Avenue (Getty, REBNY, Think! Architecture & Design, The Hudson Companies)

These projects survived the 421a apocalypse

Mortgage applications surge 25% in the new year as interest rates drop

(Photo Illustration by Steven Dilakian for The Real Deal with Getty)

Mortgage applications surge 25% in the new year as interest rates drop

Chera family SPAC is back on the hunt

From left: Crown Proptech Acquisitions’ Richard Chera, CIIG Partners’ Gavin Cuneo and Michael Minnick (Getty, CIIG Partners)

Chera family SPAC is back on the hunt

Husband charged with murder of Tishman Speyer exec

A photo illustration of missing Tishman Speyer executive Ana Walshe and charged husband Brian Walshe (Getty, LinkedIn)

Husband charged with murder of Tishman Speyer exec

Shahs of Sunset Park: Maguire, Watermark acquire massive Brooklyn dev site

Marvin Azrak of Maguire Capital and An aerial of 6208 8th Avenue (Google Maps)

Shahs of Sunset Park: Maguire, Watermark acquire massive Brooklyn dev site

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Macerich’s Thomas O’Hern with 3065 NY-50 (Google Maps, Getty, Macerich)

Macerich eyes residential component for upstate mall

By TRD Staff | January 18, 2023 01:00PM

Macerich’s Wilton Mall in Saratoga Springs is wilting, but its plan to add luxury homes isn’t germinating with the

Macerich eyes residential component for upstate mall

D.R. Horton’s Donald Horton with The Church of the Visitation and the Diocese of Trenton (D.R. Horton, Alchetron, Getty)

D.R. Horton in contract for 31 acres of NJ woodlands

By TRD Staff | January 18, 2023 12:00PM

New Jersey’s hottest development drama is Breton Woods, where 31 acres of woods are caught between a church, a…

D.R. Horton in contract for 31 acres of NJ woodlands

Redfin’s Glenn Kelman (Redfin, Getty)

National

Glenn Kelman: Redfin should have shuttered “risky” iBuying earlier

By TRD Staff | January 18, 2023 11:15AM

Glenn Kelman has at least one regret from a tumultuous 2022: keeping his company’s iBuyer going as long as…

Glenn Kelman: Redfin should have shuttered “risky” iBuying earlier

(Photo Illustration by Steven Dilakian for The Real Deal with Getty)

National

Mortgage applications surge 25% in the new year as interest rates drop

By Holden Walter-Warner | January 18, 2023 09:50AM

A drop in U.S. mortgage rates last week appeared to open the door for those who had purchases and…

Mortgage applications surge 25% in the new year as interest rates drop

Brickless brings its high-tech construction method to Fort Myers

National Sponsored

Brickless brings its high-tech construction method to Fort Myers

December 28, 2022 11:00AM

Brickless is supporting the American construction industry with its innovative, high tech building method and competitive pricing. The Real…

Brickless brings its high-tech construction method to Fort Myers

(Photo Illustration by Steven Dilakian for The Real Deal with Getty)

Manhattan retail market rises again, but momentum wanes

By Holden Walter-Warner | January 18, 2023 08:45AM

The Manhattan retail market continued its upward swing in the fourth quarter — barely. Across 16 of Manhattan’s shopping…

Manhattan retail market rises again, but momentum wanes

Montgomery Street Partners’ Luke Pak with 353 West 57th Street (Montgomery Street Partners, Google Maps, Getty)

Washington Heights apartments sell for $16M, leading quiet week for i-sales

By Pat Ralph | January 18, 2023 08:00AM

The city’s sluggish investment sales market all but paused last week, with just four deals for commercial properties valued…

Washington Heights apartments sell for $16M, leading quiet week for i-sales

Photo illustration of Pacaso’s Austin Allison (Illustration by Kevin Rebong for The Real Deal)

National

Pacaso’s Austin Allison on the who, what and why of co-ownership

By Hiten Samtani | December 13, 2022 08:45AM

Pacaso is in the eye of two torrential storms. The housing market is one of the most turbulent in…

Pacaso’s Austin Allison on the who, what and why of co-ownership

REBNY’s Basha Gerhards with 1727 Amsterdam Avenue and 806 Ninth Avenue

These projects survived the 421a apocalypse

By Suzannah Cavanaugh | January 18, 2023 07:00AM

It was no surprise when project filings for multifamily buildings nosedived 59 percent in the five months after the 421a tax abatement expired June 15. The surprise, rather, was that developers were starting new…

These projects survived the 421a apocalypse

TOP VIDEOS

The “unglamorous” side of influencing | SF Confidential

Play Video

The “unglamorous” side of influencing | SF ConfidentialNOW PLAYING

City National Bank Charts New Territory in 2023

Real Estate News You May Have Missed Last Weekend! | TRD News

Bernie Madoff’s Upper East Side penthouse pulled off market

Capturing all sides of San Francisco | SF Confidential

How Thermador sets the trend for luxury in South Florida development | TRD Brand Studio

Ryan Serhant’s Offer To BHS brokers ruffles feathers

Apple Takes A Bigger Bite Out of U.S. Office Sector

WATCH: What’s happening with Noncompetes?

George Santos Controversy Shines Light on Rent Relief Exploitation

The Lion King: Can Robert Rivani Conquer Miami’s Restaurant Jungle

Retail’s reckoning: Top U.S. shopping destinations on selling spree

Husband under investigation over disappearance of Tishman Speyer exec.

Anywhere Announces Another Round of Layoffs

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Urban Umbrella CEO explains why scaffolding needs a new look | Coffee Talk

Where are they now: pre-pandemic development projects

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How builders secure the bag, and their teams | The Blueprint

These are the pricest home sales in Chicago this year

These real estate characters are small-screen favorites

Miky Grendene on hospitality-branded developments, Ora by Casa Tua in Brickell and barefoot luxury

Are we in a recession? | TRD Explains

Why brokerage in the U.S. is a “more respectful profession” | SF Confidential

Inside the new Domino Sugar Refinery

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Marcus Lemonis on entrepreneurship, generational wealth, and more | Coffee Talk

How to start out as a real estate broker | SF Confidential

Billionaire Related moguls Steve Ross and Jorge Perez split

Building Class-A office South of Fifth | Inside the Thermador Green Room

As commuters come back, developers jump on transit-oriented sites | Inside the Thermador Green Room

Where does Opendoor go from here? Breaking down iBuying with Mike DelPrete

Understanding Compass’ latest financials

Oren Alexander on launching a brokerage for the “truly high end” | Inside the Thermador Green Room

Santiago Arana on expanding through South Florida | Inside the Thermador Green Room

Why “Wall Street South” may be an “exaggeration” for Palm Beach | Inside the Thermador Green Room

Revisiting South Florida’s retail fundamentals | Inside the Thermador Green Room

International buyers are “already returning”, says Defortuna | Inside the Thermador Green Room

Life after FTX: What happens to the crypto buyer pool now? | Story Spotlight

Corcoran CEO Pam Liebman explains the resi market whiplash | Inside the Thermador Green Room

Miami’s next generation of developers | TRD’s 2022 South Florida Showcase + Forum

Miami is the last man standing” for luxury hospitality | TRD’s 2022 South Florida Showcase + Forum

Ryan Serhant on the Snowball Effect & Broker Insanity | Inside the Thermador Green Room

Michael Shvo & Jeff Greene talk opportunities in office | TRD’s 2022 South Florida Showcase + Forum

Robert Rivani on Rebuilding South of Fifth | Inside the Thermador Green Room

Resi execs: “the real pain hasn’t hit” | TRD’s 2022 South Florida Showcase + Forum

Winter isn’t coming for South Florida’s developers | TRD’s 2022 South Florida Showcase + Forum

San Francisco will “transcend” issues | SF Confidential

Compass CEO Robert Reffkin on the brokerage’s future | TRD’s 2022 South Florida Showcase + Forum

Larry Hashbarger on SF’s shifting cultural centers | SF Confidential

How iconic venue AsiaSF came onto the San Francisco scene | SF Confidential

Behind the political battle to rezone Throgs Neck | Daily Dirt LIVE

Hochul vs. Zeldin: who’s the better candidate for real estate?

Could a casino come to Times Square?

“Most people want to see more housing,” say Sen. Wiener | SF Confidential

Understanding Contracts | The Blueprint

Building Bio: The History Behind Fifth Avenue

All Eyes On San Francisco | SF Confidential

As Seen On… Severance | Inside Bell Works

How San Francisco Got Into a Housing Crisis | SF Confidential

This Week on Deconstruct: in Powell vs. Inflation, the Housing Market is a Casualty & more

TRD Explains: Residential Insurance

How are public resi brokerages doing? | Paydirt

A Day in the Life of a ConTech CEO

Coffee Talk with Peerage Capital’s Miles Nadal

As Seen On: Succession

Ask Me (Almost) Anything: Mauricio Umansky

These NYC pols can sink your real estate development – or help it swim

Miko Marks and Herman Chan talk remote work | SF Confidential

Inside the drama at Compass | The Daily Dirt LIVE

How Miko Marks made her mark on the country scene | SF Confidential

TRD Explains: Broker Tech

SF’s housing has changed the arts scene | SF Confidential

These numbers make or break your real estate development | The Blueprint

How much money can you really make in real estate?

Inside the Golden Beach penthouse asking $32M after years on and off the market

Inside Adam Neumann’s next venture, Flow

How JennAir is using sustainability and high-end design to shift the appliance industry forward

Building Construction Terms You Must Know | The Blueprint

Resi giant Compass faces financial reckoning

All About Agent Apps | The Daily Dirt LIVE

Damac’s Hussain Sajwani talks Surfside plans, U.S. expansion

Inside Design for the Future

Who hurts and who’s helped by a real estate market slowdown?

Are Miami, NYC, or San Fran in a housing bubble?

Inside the Biggest New Development in Washington Heights

The housing market is pretty, pretty crazy | Paydirt

Private equity firm Carlyle Group buys up Brooklyn apartment buildings

What’s a housing bubble? | TRD Explains

Inflation Hits Ground Leases | The Daily Dirt LIVE

What You Don’t Know About Construction | The Blueprint with Eric Brody

Are agents stars or soldiers? Depends on what brokerage you ask | Paydirt

Selling on Social: how new media draws in new buyers

Proptech’s tipping point | TRD’s 2022 NYC Showcase + F…

A Fireside Chat with Gary Barnett | TRD’s 2022 NYC Showcase + Forum

Decarbonizing real estate may be the “most important” investment right now | Inside the Green Room

BRP Founder: a deal “has to be done” to save development tax abatements | Inside the Green Room

The New Kings of New York: NYC’s real estate titans and the deals that defined the skyline

New York’s renaissance & the long arc of megadevelopment | Coffee Talk with Rob Speyer

Why Miki Naftali thinks pricing growth will slow | Inside the Green Room

BIG Partner on creating a waterfront park out of a brownfield | Inside the Green Room

Sizing Up Development: Moving product and launching new projects | TRD’s 2022 NYC Showcase + Forum

Where Gary Barnett is grabbing financing today | Inside the Green Room

How Queens became the king of new development opportunities

Star Brokers: is celebrity the key to real estate success?

What can Tom Suozzi do for the real estate industry?

Todd Glaser on developing dream homes for billionaires | The Closing

What’s at stake in the battle over 421a, good cause eviction | The Daily Dirt LIVE

High Times for Retail: Cannabis Businesses Start Looking For Space

Building Bio: The Burj Khalifa

Can the single-family home become a commodity? Roofstock thinks so | Paydirt

Lendlease COO on the next generation of megaprojects | The REInterview

Webinar: 2022 State of The Real Estate Market: East Coast Study

TRD Explains: Mortgage Rates

Kent Swig Reads from The New Kings of New York

Brooklyn Tower: The Inside Story Behind JDS’ Supertall Skyscraper At 9 Dekalb

$13M Flatbush mansion aims to raise the bar for Brooklyn’s luxury market

How Rick Caruso Became A Real Estate Billionaire

How the “New Kings of New York” Took Shape | Coffee Talk

Why do Russian oligarchs by US properties?

The Drama Behind the Leaning Tower of New York City at 1 Seaport

Built differently: How materials science may change our skyline | Paydirt

How Josh Schuster’s Silverback is weathering the storm

How Inflation Impacts Real Estate | TRD Explains

Office owners consider converting to condos

Inside the U.S. properties of Russia’s wealthiest

Breaking down the Ukraine invasion’s potential impact on US real estate

Hotelier Amar Lalvani on scaling The Standard | The Closing

How Miami became the least affordable housing market in the nation

Disney Gets Into The Development Game

Rent to own: Wall Street loves this controversial path to homeownership | Paydirt

Welcome To The Cryptocracy: Story Spotlight

How Peter Fine went from social worker to major developer to Broadway producer | Coffee Talk with Amir Korangy

Has a rezoning remade Inwood?

How To Get Ready For Local Law 97

Adrienne Arsht Estate Hits The Market For $150 Million

How New York real estate can lead the fight on climate change | The REInterview

What’s the fate of the Elizabeth Street Garden?

Inside the rental tech ecosystem with RET Ventures’ Chris Yip | The REInterview

432 Park’s Missing Billionaire | Story Spotlight

TRD Explains: Depreciation

The Booms and Busts of Mega-Mansion Developer Mohamed Hadid | Celeb Special

BSH’s luxury brands are set to dominate the home appliance market in 2022

How Does An “Uninhabitable” House Sell for $2M?

There’s a new adminstration in NYC. What does that mean for real estate?

Last Mile-High Club: Drivers of industrial real estate’s boom | Paydirt

These are the 5 biggest sales in the Hamptons in 2021

The Landscape for Construction Tech in 2022 | Paydirt

These Are The Biggest New Developments Filed in NYC in 2021

City National Bank CEO Gonzalez: CNB is positioned to be a catalyst for Florida’s economic boom

Building Biographies: The Sears Tower

Rents Stay High As Luxury Retailers Readjust

Retail rebounds for the holidays

ONE Sotheby’s Pros Leverage South Florida’s “Explosive” Real Estate Market

What happens when fintech blurs into proptech? | The REInterview with Ryan Simonetti

The Metaverse and Real Estate – What’s the Deal? | Paydirt

Building from Brooklyn to the Caribbean | Coffee Talk with RAL’s Robert A. Levine

Single-family rentals: The hottest sector in the real estate market

INSIDE THE NATIONAL ISSUE

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The Closing: Thad Wong

The Closing: Thad Wong

The Closing: Thad Wong

“Recipe for fraud”: The alleged scam that rocked South Florida’s biggest HOA

“Recipe for fraud”: The alleged scam that rocked South Florida’s biggest HOA

“Recipe for fraud”: The alleged scam that rocked South Florida’s biggest HOA

(Photo-illustration by Kevin Rebong/The Real Deal)

Sizing up LA’s new transfer tax

Sizing up LA’s new transfer tax

Survivors of the proptech apocalypse share lessons learned

Survivors of the proptech apocalypse share lessons learned

Survivors of the proptech apocalypse share lessons learned

Back to reality for Miami’s top residential brokers

Back to reality for Miami’s top residential brokers

Back to reality for Miami’s top residential brokers

The Lion King: Can Robert Rivani conquer Miami’s restaurant jungle?

The Lion King: Can Robert Rivani conquer Miami’s restaurant jungle?

The Lion King: Can Robert Rivani conquer Miami’s restaurant jungle?

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From left: Crown Proptech Acquisitions’ Richard Chera, CIIG Partners’ Gavin Cuneo and Michael Minnick (Getty, CIIG Partners)

Chera family SPAC is back on the hunt

By Orion Jones | January 17, 2023 07:51PM

The Chera family, one of New York’s biggest retail landlords, is renewing plans to take a real estate startup public through a merger with a blank-check company — months after a first attempt fell…

Chera family SPAC is back on the hunt

A photo illustration of missing Tishman Speyer executive Ana Walshe and charged husband Brian Walshe (Getty, LinkedIn)

National

Husband charged with murder of Tishman Speyer exec

By TRD Staff | January 17, 2023 04:25PM

Authorities have charged the husband of missing Tishman Speyer executive Ana Walshe with murder, WCVB reported. Walsh, a 39-year-old…

Husband charged with murder of Tishman Speyer exec

241 Water Street (Avison Young, Getty)

Blue Man Group’s Seaport school building hits market for $28M

By Pat Ralph | January 17, 2023 04:00PM

Blue Man Group has built an entertainment empire on silence. But their landlord hopes to make some noise with…

Blue Man Group’s Seaport school building hits market for $28M

30 Front Street

Olympia Dumbo penthouse tops Brooklyn luxury contracts

By Sheridan Wall | January 17, 2023 03:00PM

Olympia Dumbo is back on top of Brooklyn’s luxury contracts. A penthouse unit at 30 Front Street last asking…

Olympia Dumbo penthouse tops Brooklyn luxury contracts

10750 Oregon Road, Southold Town supervisor Scott Russell (Loopnet, Getty, Town of Southold)

Tri-State

Moratorium planned to stop North Fork battery project

By TRD Staff | January 17, 2023 02:00PM

In the North Fork, resistance to one development is poised to power a full-blown moratorium against battery storage. Southold…

Moratorium planned to stop North Fork battery project

Signature Bank’s Joseph DePaolo and Sam Bankman-Fried (SignatureNY, Getty)

As Signature severs crypto arm, CRE lending to suffer

By Suzannah Cavanaugh | January 17, 2023 01:00PM

When FTX collapsed in November, multifamily lender Signature Bank found itself scrambling to reassure investors that its cryptocurrency exposure…

As Signature severs crypto arm, CRE lending to suffer

Marvin Azrak of Maguire Capital and An aerial of 6208 8th Avenue (Google Maps)

Shahs of Sunset Park: Maguire, Watermark acquire massive Brooklyn dev site

By Keith Larsen | January 17, 2023 11:45AM

Maguire Capital and Watermark Capital have acquired the site of a long-stalled megaproject in Brooklyn’s Sunset Park. They hope…

Shahs of Sunset Park: Maguire, Watermark acquire massive Brooklyn dev site

Sortis Holdings’ Paul Brenneke, Ace Hotel on 20 West 29th Street (Googlwe Maps, Sortis Holdings, Getty)

Ace Hotel operator sold to hospitality firm for $85M

By TRD Staff | January 17, 2023 11:00AM

A Portland-based hospitality firm now has an ace up its sleeve after picking up the hotel group behind a…

Ace Hotel operator sold to hospitality firm for $85M

CNB Charts New Lending Territory in 2023

National Sponsored

CNB Charts New Lending Territory in 2023

January 17, 2023 07:00AM

The Real Deal caught up with City National Bank’s Jorge Gonzalez on the floor of the South Florida Real Estate Showcase and Forum to learn about CNB’s lending strategy for the next year. In…

CNB Charts New Lending Territory in 2023

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Average American tenant is rent-burdened – Robert Khodadadian

The average American renter is cost-burdened like never before. The typical renter is paying 30 percent of their median income for an average rent, according to a fourth-quarter housing affordability report  from Moody’s Analytics. In more than 20 years of tracking, that’s the highest average rent-to-income ratio recorded. The 30 percent figure is significant. That’s the threshold for how the Department of Housing and Urban Development defines a family that’s rent-burdened, signifying challenges in affordable

 The average American renter is cost-burdened like never before. The typical renter is paying 30 percent of their median income for an average rent, according to a fourth-quarter housing affordability report  from Moody’s Analytics. In more than 20 years of tracking, that’s the highest average rent-to-income ratio recorded. The 30 percent figure is significant. That’s the threshold for how the Department of Housing and Urban Development defines a family that’s rent-burdened, signifying challenges in affordable
The post Average American tenant is rent-burdened appeared first on The Real Deal New York.  Commercial Real Estate, Cross Post, Home Page, moody’s, NYC Rental Market, Rental Market The Real Deal New York 

Lead by real estate veteran Robert Khodadadian, Skyline Properties has been instrumental in many multi-million dollar commercial developments, including a $12 million contract for the White House Hotel, a 99-year ground lease of a four-story commercial site in Harlem, and a retail co-op on Prince St. for $50 million.

Robert Khodadadian has long had a simple philosophy about selling real estate. There are approximately a million buildings in the city, and the broker that gets to sell any one among the multitude that will hit the auctioning block at a given moment is, sometimes, simply the person who happens to pitch their services to the right seller.

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These projects survived the 421a apocalypse

REBNY’s Basha Gerhards with 1727 Amsterdam Avenue and 806 Ninth Avenue

REBNY’s Basha Gerhards with 1727 Amsterdam Avenue and 806 Ninth Avenue (Getty, REBNY, Think! Architecture & Design, The Hudson Companies)

These projects survived the 421a apocalypse

Mortgage applications surge 25% in the new year as interest rates drop

(Photo Illustration by Steven Dilakian for The Real Deal with Getty)

Mortgage applications surge 25% in the new year as interest rates drop

Chera family SPAC is back on the hunt

From left: Crown Proptech Acquisitions’ Richard Chera, CIIG Partners’ Gavin Cuneo and Michael Minnick (Getty, CIIG Partners)

Chera family SPAC is back on the hunt

Husband charged with murder of Tishman Speyer exec

A photo illustration of missing Tishman Speyer executive Ana Walshe and charged husband Brian Walshe (Getty, LinkedIn)

Husband charged with murder of Tishman Speyer exec

Shahs of Sunset Park: Maguire, Watermark acquire massive Brooklyn dev site

Marvin Azrak of Maguire Capital and An aerial of 6208 8th Avenue (Google Maps)

Shahs of Sunset Park: Maguire, Watermark acquire massive Brooklyn dev site

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LATEST NEWS

Macerich’s Thomas O’Hern with 3065 NY-50 (Google Maps, Getty, Macerich)

Macerich eyes residential component for upstate mall

By TRD Staff | January 18, 2023 01:00PM

Macerich’s Wilton Mall in Saratoga Springs is wilting, but its plan to add luxury homes isn’t germinating with the

Macerich eyes residential component for upstate mall

D.R. Horton’s Donald Horton with The Church of the Visitation and the Diocese of Trenton (D.R. Horton, Alchetron, Getty)

D.R. Horton in contract for 31 acres of NJ woodlands

By TRD Staff | January 18, 2023 12:00PM

New Jersey’s hottest development drama is Breton Woods, where 31 acres of woods are caught between a church, a…

D.R. Horton in contract for 31 acres of NJ woodlands

Redfin’s Glenn Kelman (Redfin, Getty)

National

Glenn Kelman: Redfin should have shuttered “risky” iBuying earlier

By TRD Staff | January 18, 2023 11:15AM

Glenn Kelman has at least one regret from a tumultuous 2022: keeping his company’s iBuyer going as long as…

Glenn Kelman: Redfin should have shuttered “risky” iBuying earlier

(Photo Illustration by Steven Dilakian for The Real Deal with Getty)

National

Mortgage applications surge 25% in the new year as interest rates drop

By Holden Walter-Warner | January 18, 2023 09:50AM

A drop in U.S. mortgage rates last week appeared to open the door for those who had purchases and…

Mortgage applications surge 25% in the new year as interest rates drop

Brickless brings its high-tech construction method to Fort Myers

National Sponsored

Brickless brings its high-tech construction method to Fort Myers

December 28, 2022 11:00AM

Brickless is supporting the American construction industry with its innovative, high tech building method and competitive pricing. The Real…

Brickless brings its high-tech construction method to Fort Myers

(Photo Illustration by Steven Dilakian for The Real Deal with Getty)

Manhattan retail market rises again, but momentum wanes

By Holden Walter-Warner | January 18, 2023 08:45AM

The Manhattan retail market continued its upward swing in the fourth quarter — barely. Across 16 of Manhattan’s shopping…

Manhattan retail market rises again, but momentum wanes

Montgomery Street Partners’ Luke Pak with 353 West 57th Street (Montgomery Street Partners, Google Maps, Getty)

Washington Heights apartments sell for $16M, leading quiet week for i-sales

By Pat Ralph | January 18, 2023 08:00AM

The city’s sluggish investment sales market all but paused last week, with just four deals for commercial properties valued…

Washington Heights apartments sell for $16M, leading quiet week for i-sales

Photo illustration of Pacaso’s Austin Allison (Illustration by Kevin Rebong for The Real Deal)

National

Pacaso’s Austin Allison on the who, what and why of co-ownership

By Hiten Samtani | December 13, 2022 08:45AM

Pacaso is in the eye of two torrential storms. The housing market is one of the most turbulent in…

Pacaso’s Austin Allison on the who, what and why of co-ownership

REBNY’s Basha Gerhards with 1727 Amsterdam Avenue and 806 Ninth Avenue

These projects survived the 421a apocalypse

By Suzannah Cavanaugh | January 18, 2023 07:00AM

It was no surprise when project filings for multifamily buildings nosedived 59 percent in the five months after the 421a tax abatement expired June 15. The surprise, rather, was that developers were starting new…

These projects survived the 421a apocalypse

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INSIDE THE NATIONAL ISSUE

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The Closing: Thad Wong

The Closing: Thad Wong

The Closing: Thad Wong

“Recipe for fraud”: The alleged scam that rocked South Florida’s biggest HOA

“Recipe for fraud”: The alleged scam that rocked South Florida’s biggest HOA

“Recipe for fraud”: The alleged scam that rocked South Florida’s biggest HOA

(Photo-illustration by Kevin Rebong/The Real Deal)

Sizing up LA’s new transfer tax

Sizing up LA’s new transfer tax

Survivors of the proptech apocalypse share lessons learned

Survivors of the proptech apocalypse share lessons learned

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Back to reality for Miami’s top residential brokers

Back to reality for Miami’s top residential brokers

The Lion King: Can Robert Rivani conquer Miami’s restaurant jungle?

The Lion King: Can Robert Rivani conquer Miami’s restaurant jungle?

The Lion King: Can Robert Rivani conquer Miami’s restaurant jungle?

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From left: Crown Proptech Acquisitions’ Richard Chera, CIIG Partners’ Gavin Cuneo and Michael Minnick (Getty, CIIG Partners)

Chera family SPAC is back on the hunt

By Orion Jones | January 17, 2023 07:51PM

The Chera family, one of New York’s biggest retail landlords, is renewing plans to take a real estate startup public through a merger with a blank-check company — months after a first attempt fell…

Chera family SPAC is back on the hunt

A photo illustration of missing Tishman Speyer executive Ana Walshe and charged husband Brian Walshe (Getty, LinkedIn)

National

Husband charged with murder of Tishman Speyer exec

By TRD Staff | January 17, 2023 04:25PM

Authorities have charged the husband of missing Tishman Speyer executive Ana Walshe with murder, WCVB reported. Walsh, a 39-year-old…

Husband charged with murder of Tishman Speyer exec

241 Water Street (Avison Young, Getty)

Blue Man Group’s Seaport school building hits market for $28M

By Pat Ralph | January 17, 2023 04:00PM

Blue Man Group has built an entertainment empire on silence. But their landlord hopes to make some noise with…

Blue Man Group’s Seaport school building hits market for $28M

30 Front Street

Olympia Dumbo penthouse tops Brooklyn luxury contracts

By Sheridan Wall | January 17, 2023 03:00PM

Olympia Dumbo is back on top of Brooklyn’s luxury contracts. A penthouse unit at 30 Front Street last asking…

Olympia Dumbo penthouse tops Brooklyn luxury contracts

10750 Oregon Road, Southold Town supervisor Scott Russell (Loopnet, Getty, Town of Southold)

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Moratorium planned to stop North Fork battery project

By TRD Staff | January 17, 2023 02:00PM

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Signature Bank’s Joseph DePaolo and Sam Bankman-Fried (SignatureNY, Getty)

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As Signature severs crypto arm, CRE lending to suffer

Marvin Azrak of Maguire Capital and An aerial of 6208 8th Avenue (Google Maps)

Shahs of Sunset Park: Maguire, Watermark acquire massive Brooklyn dev site

By Keith Larsen | January 17, 2023 11:45AM

Maguire Capital and Watermark Capital have acquired the site of a long-stalled megaproject in Brooklyn’s Sunset Park. They hope…

Shahs of Sunset Park: Maguire, Watermark acquire massive Brooklyn dev site

Sortis Holdings’ Paul Brenneke, Ace Hotel on 20 West 29th Street (Googlwe Maps, Sortis Holdings, Getty)

Ace Hotel operator sold to hospitality firm for $85M

By TRD Staff | January 17, 2023 11:00AM

A Portland-based hospitality firm now has an ace up its sleeve after picking up the hotel group behind a…

Ace Hotel operator sold to hospitality firm for $85M

CNB Charts New Lending Territory in 2023

National Sponsored

CNB Charts New Lending Territory in 2023

January 17, 2023 07:00AM

The Real Deal caught up with City National Bank’s Jorge Gonzalez on the floor of the South Florida Real Estate Showcase and Forum to learn about CNB’s lending strategy for the next year. In…

CNB Charts New Lending Territory in 2023

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Steph Curry shoots his NIMBY shot – Robert Khodadadian

 Steph Curry, the Golden State Warriors’ all-world guard, is famous for draining 3-pointers on the basketball court. But now he and his wife, Ayesha, are going for a monster block by seeking to prevent dense housing from being built in the San Francisco suburb of Atherton, where he and his family live, the Almanac reported. Atherton, which has long been dubbed the nation’s “richest city,” is in the process of discussing revisions to its 2023-2031

  Steph Curry, the Golden State Warriors’ all-world guard, is famous for draining 3-pointers on the basketball court. But now he and his wife, Ayesha, are going for a monster block by seeking to prevent dense housing from being built in the San Francisco suburb of Atherton, where he and his family live, the Almanac reported. Atherton, which has long been dubbed the nation’s “richest city,” is in the process of discussing revisions to its 2023-2031
The post Steph Curry shoots his NIMBY shot appeared first on The Real Deal New York.  Home Page, Residential Real Estate, Affordable Housing, Bay Area housing, builder’s remedy, celebrity housing, housing element, Multifamily The Real Deal New York 

Lead by real estate veteran Robert Khodadadian, Skyline Properties has been instrumental in many multi-million dollar commercial developments, including a $12 million contract for the White House Hotel, a 99-year ground lease of a four-story commercial site in Harlem, and a retail co-op on Prince St. for $50 million.

Robert Khodadadian has long had a simple philosophy about selling real estate. There are approximately a million buildings in the city, and the broker that gets to sell any one among the multitude that will hit the auctioning block at a given moment is, sometimes, simply the person who happens to pitch their services to the right seller.

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These projects survived the 421a apocalypse

REBNY’s Basha Gerhards with 1727 Amsterdam Avenue and 806 Ninth Avenue

REBNY’s Basha Gerhards with 1727 Amsterdam Avenue and 806 Ninth Avenue (Getty, REBNY, Think! Architecture & Design, The Hudson Companies)

These projects survived the 421a apocalypse

Mortgage applications surge 25% in the new year as interest rates drop

(Photo Illustration by Steven Dilakian for The Real Deal with Getty)

Mortgage applications surge 25% in the new year as interest rates drop

Chera family SPAC is back on the hunt

From left: Crown Proptech Acquisitions’ Richard Chera, CIIG Partners’ Gavin Cuneo and Michael Minnick (Getty, CIIG Partners)

Chera family SPAC is back on the hunt

Husband charged with murder of Tishman Speyer exec

A photo illustration of missing Tishman Speyer executive Ana Walshe and charged husband Brian Walshe (Getty, LinkedIn)

Husband charged with murder of Tishman Speyer exec

Shahs of Sunset Park: Maguire, Watermark acquire massive Brooklyn dev site

Marvin Azrak of Maguire Capital and An aerial of 6208 8th Avenue (Google Maps)

Shahs of Sunset Park: Maguire, Watermark acquire massive Brooklyn dev site

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LATEST NEWS

Macerich’s Thomas O’Hern with 3065 NY-50 (Google Maps, Getty, Macerich)

Macerich eyes residential component for upstate mall

By TRD Staff | January 18, 2023 01:00PM

Macerich’s Wilton Mall in Saratoga Springs is wilting, but its plan to add luxury homes isn’t germinating with the

Macerich eyes residential component for upstate mall

D.R. Horton’s Donald Horton with The Church of the Visitation and the Diocese of Trenton (D.R. Horton, Alchetron, Getty)

D.R. Horton in contract for 31 acres of NJ woodlands

By TRD Staff | January 18, 2023 12:00PM

New Jersey’s hottest development drama is Breton Woods, where 31 acres of woods are caught between a church, a…

D.R. Horton in contract for 31 acres of NJ woodlands

Redfin’s Glenn Kelman (Redfin, Getty)

National

Glenn Kelman: Redfin should have shuttered “risky” iBuying earlier

By TRD Staff | January 18, 2023 11:15AM

Glenn Kelman has at least one regret from a tumultuous 2022: keeping his company’s iBuyer going as long as…

Glenn Kelman: Redfin should have shuttered “risky” iBuying earlier

(Photo Illustration by Steven Dilakian for The Real Deal with Getty)

National

Mortgage applications surge 25% in the new year as interest rates drop

By Holden Walter-Warner | January 18, 2023 09:50AM

A drop in U.S. mortgage rates last week appeared to open the door for those who had purchases and…

Mortgage applications surge 25% in the new year as interest rates drop

Brickless brings its high-tech construction method to Fort Myers

National Sponsored

Brickless brings its high-tech construction method to Fort Myers

December 28, 2022 11:00AM

Brickless is supporting the American construction industry with its innovative, high tech building method and competitive pricing. The Real…

Brickless brings its high-tech construction method to Fort Myers

(Photo Illustration by Steven Dilakian for The Real Deal with Getty)

Manhattan retail market rises again, but momentum wanes

By Holden Walter-Warner | January 18, 2023 08:45AM

The Manhattan retail market continued its upward swing in the fourth quarter — barely. Across 16 of Manhattan’s shopping…

Manhattan retail market rises again, but momentum wanes

Montgomery Street Partners’ Luke Pak with 353 West 57th Street (Montgomery Street Partners, Google Maps, Getty)

Washington Heights apartments sell for $16M, leading quiet week for i-sales

By Pat Ralph | January 18, 2023 08:00AM

The city’s sluggish investment sales market all but paused last week, with just four deals for commercial properties valued…

Washington Heights apartments sell for $16M, leading quiet week for i-sales

Photo illustration of Pacaso’s Austin Allison (Illustration by Kevin Rebong for The Real Deal)

National

Pacaso’s Austin Allison on the who, what and why of co-ownership

By Hiten Samtani | December 13, 2022 08:45AM

Pacaso is in the eye of two torrential storms. The housing market is one of the most turbulent in…

Pacaso’s Austin Allison on the who, what and why of co-ownership

REBNY’s Basha Gerhards with 1727 Amsterdam Avenue and 806 Ninth Avenue

These projects survived the 421a apocalypse

By Suzannah Cavanaugh | January 18, 2023 07:00AM

It was no surprise when project filings for multifamily buildings nosedived 59 percent in the five months after the 421a tax abatement expired June 15. The surprise, rather, was that developers were starting new…

These projects survived the 421a apocalypse

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INSIDE THE NATIONAL ISSUE

arrow_forward_ios

The Closing: Thad Wong

The Closing: Thad Wong

The Closing: Thad Wong

“Recipe for fraud”: The alleged scam that rocked South Florida’s biggest HOA

“Recipe for fraud”: The alleged scam that rocked South Florida’s biggest HOA

“Recipe for fraud”: The alleged scam that rocked South Florida’s biggest HOA

(Photo-illustration by Kevin Rebong/The Real Deal)

Sizing up LA’s new transfer tax

Sizing up LA’s new transfer tax

Survivors of the proptech apocalypse share lessons learned

Survivors of the proptech apocalypse share lessons learned

Survivors of the proptech apocalypse share lessons learned

Back to reality for Miami’s top residential brokers

Back to reality for Miami’s top residential brokers

Back to reality for Miami’s top residential brokers

The Lion King: Can Robert Rivani conquer Miami’s restaurant jungle?

The Lion King: Can Robert Rivani conquer Miami’s restaurant jungle?

The Lion King: Can Robert Rivani conquer Miami’s restaurant jungle?

arrow_forward_ios

From left: Crown Proptech Acquisitions’ Richard Chera, CIIG Partners’ Gavin Cuneo and Michael Minnick (Getty, CIIG Partners)

Chera family SPAC is back on the hunt

By Orion Jones | January 17, 2023 07:51PM

The Chera family, one of New York’s biggest retail landlords, is renewing plans to take a real estate startup public through a merger with a blank-check company — months after a first attempt fell…

Chera family SPAC is back on the hunt

A photo illustration of missing Tishman Speyer executive Ana Walshe and charged husband Brian Walshe (Getty, LinkedIn)

National

Husband charged with murder of Tishman Speyer exec

By TRD Staff | January 17, 2023 04:25PM

Authorities have charged the husband of missing Tishman Speyer executive Ana Walshe with murder, WCVB reported. Walsh, a 39-year-old…

Husband charged with murder of Tishman Speyer exec

241 Water Street (Avison Young, Getty)

Blue Man Group’s Seaport school building hits market for $28M

By Pat Ralph | January 17, 2023 04:00PM

Blue Man Group has built an entertainment empire on silence. But their landlord hopes to make some noise with…

Blue Man Group’s Seaport school building hits market for $28M

30 Front Street

Olympia Dumbo penthouse tops Brooklyn luxury contracts

By Sheridan Wall | January 17, 2023 03:00PM

Olympia Dumbo is back on top of Brooklyn’s luxury contracts. A penthouse unit at 30 Front Street last asking…

Olympia Dumbo penthouse tops Brooklyn luxury contracts

10750 Oregon Road, Southold Town supervisor Scott Russell (Loopnet, Getty, Town of Southold)

Tri-State

Moratorium planned to stop North Fork battery project

By TRD Staff | January 17, 2023 02:00PM

In the North Fork, resistance to one development is poised to power a full-blown moratorium against battery storage. Southold…

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Signature Bank’s Joseph DePaolo and Sam Bankman-Fried (SignatureNY, Getty)

As Signature severs crypto arm, CRE lending to suffer

By Suzannah Cavanaugh | January 17, 2023 01:00PM

When FTX collapsed in November, multifamily lender Signature Bank found itself scrambling to reassure investors that its cryptocurrency exposure…

As Signature severs crypto arm, CRE lending to suffer

Marvin Azrak of Maguire Capital and An aerial of 6208 8th Avenue (Google Maps)

Shahs of Sunset Park: Maguire, Watermark acquire massive Brooklyn dev site

By Keith Larsen | January 17, 2023 11:45AM

Maguire Capital and Watermark Capital have acquired the site of a long-stalled megaproject in Brooklyn’s Sunset Park. They hope…

Shahs of Sunset Park: Maguire, Watermark acquire massive Brooklyn dev site

Sortis Holdings’ Paul Brenneke, Ace Hotel on 20 West 29th Street (Googlwe Maps, Sortis Holdings, Getty)

Ace Hotel operator sold to hospitality firm for $85M

By TRD Staff | January 17, 2023 11:00AM

A Portland-based hospitality firm now has an ace up its sleeve after picking up the hotel group behind a…

Ace Hotel operator sold to hospitality firm for $85M

CNB Charts New Lending Territory in 2023

National Sponsored

CNB Charts New Lending Territory in 2023

January 17, 2023 07:00AM

The Real Deal caught up with City National Bank’s Jorge Gonzalez on the floor of the South Florida Real Estate Showcase and Forum to learn about CNB’s lending strategy for the next year. In…

CNB Charts New Lending Territory in 2023

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