Since 2003, TRD has provided up-to-the-minute industry news and in-depth reports and profiles in our 60,000-circulation monthly magazine and on TheRealDeal.com, which receives more than 1 million unique visitors per month. Our content is available across multiple platforms, including a mobile app available to iPhone, iPad and Android users alike. The Real Deal has been repeatedly recognized for its journalism prowess, receiving the Society of American Business Editors and Writers’ 2013 award for general excellence and awards from the National Association of Real Estate Editors for “Best Commercial Trade Magazine,” “Best Residential Trade Magazine,” and “Best Web Site Solely Devoted to Residential, Commercial or Financial Real Estate and/or Home Design.” http://therealdeal.com/about-us/
WeWork, the struggling co-working giant attempting to turn itself around after a botched IPO attempt, is tapping industry veteran Sandeep Mathrani as CEO.
Read more: http://ow.ly/AFvv50yaYQi
#WeWork #CoWorking #RealEstateNews #TheRealDeal
Developer Fotis Dulos, who was accused of killing his estranged wife, contended his innocence in a suicide note obtained by @nypost. Follow the link to read the full letter.
Image: AP
https://therealdeal.com/tristate/2020/01/30/developer-fotis-dulos-charged-with-killing-his-wife-is-dead-lawyer/
Professional golfer Louis Oosthuizen sold his Palm Beach Gardens estate for $5.5 million after slicing the listing price.
Oosthuizen, who was ranked as one of the top golfers in the world, sold the 10,418-square-foot mansion at 12230 Tillinghast Circle to an unidentified buyer. The sale equates to $528 per square foot.
Read more: http://ow.ly/SQTR50yaChr
Younger generations are boosting the bottom line for Sam Zell’s #vanlife business.
To date, baby boomers have been the core customer base for Equity Lifestyle Properties, Zell’s Chicago-based real estate investment trust for RV parks, mobile and manufactured multifamily homes. But that’s changing.
Read more: http://ow.ly/OHsR50yaC1G
South Florida @airbnb operators are cashing in on Super Bowl LIV.
Nearly 84 percent of all Airbnb listings are booked between now and Sunday, the day of the big game, with hosts expecting more than 70,000 guest arrivals in Miami-Dade and Broward counties, according to Airbnb spokesperson Samuel Randall. Hosts will earn a combined $26.4 million in short-term rental income during Super Bowl LIV week.
Link in bio to read more.
#SBLIV
http://ow.ly/2LE650yaCHw
Do you agree with Stephen Schwarzman's outlook on real estate? Let us know in the comments below.
Follow the link to see what else he had to say about Blackstone's beginnings in real estate, how he doesn't get emotional about deals and more. http://ow.ly/n7F350yaCLM
NYC's mayoral race is looking bleaker than ever for the city’s real estate industry.
At the moment, the primary contenders are Brooklyn Borough President Eric Adams, City Council Speaker Corey Johnson and City Comptroller Scott Stringer, all of whom have given real estate interests reason to worry.
Perhaps the biggest blow came Sunday when Bronx Borough President Ruben Diaz Jr., one of two major Democratic candidates accepting donations from real estate companies and professionals, dropped out of the race. “Without him in the race, there isn’t anyone who is going to be seen as a champion or standard bearer for the real estate industry,” said political consultant Gerry O’Brien.
But that could change if Shaun Donovan, an alumnus of the Obama and Bloomberg administrations, decides to run. Read more: http://ow.ly/CS1Y50yaCFI
Senator Brad Hoylman claims new city report on property tax reform will serve as a “blueprint” for reviving the pied-à-terre tax
Sen. Brad Hoylman is demanding that Amazon’s Jeff Bezos pay an additional tax on his 212 Fifth Avenue pied-à-terre.
TRDLA’s Winter Issue is packed with juicy profiles and interviews and a ranking too! Check out our cover story on embattled developer Mohamed Hadid, our sit-down with NMS head Neil Shekhter, the investigation into the ways that resi brokers are bracing for new pocket listing restrictions and our ranking of the top developers in the city!
Follow the link to subscribe today! https://therealdeal.com/la/magazine/january-2020/
Photographed by: Kevin Sanlon
#RealEstateNews #TheRealDeal #NewIssue #WinterIssue #LARealEstate
Compass nabs Hamptons agent Chris Coleman, #1 agent at Saunders & Associates http://ow.ly/SxvA50y9I3n
Bankrupt Forever 21 is asking the court to approve an auction, in hopes of finding a buyer who will keep the business going
Bankrupt Forever 21 asked the court to approve a sale of substantially all of its assets, and is seeking a deal with a buyer who will keep the chain in business.
Developer Fotis Dulos, charged with killing his wife, is dead, according to his lawyer http://ow.ly/5gjF50y9DBs
For the first time, Bravo may be welcoming a woman to the cast of Million Dollar Listing NY
Compass broker Kirsten Jordan has been cast as the show’s newest co-star, according to sources. Read more
https://www.google.com/amp/s/therealdeal.com/2020/01/30/million-dollar-listing-new-york-may-have-a-new-female-star/amp/
Eliot Spitzer and his fiancee, Roxana Girand, have purchased two condos at the Concorde on East 65th Street in an off-market deal.
Eliot Spitzer and his fiancee, Roxana Girand, have purchased two condos at the Concorde on East 65th Street in an off-market deal.
Eliot Spitzer and his fiancee, Roxana Girand, have reportedly dropped $4.37 million on two Upper East Side condos.
The real estate developer and former governor purchased the adjacent units inside the Concorde at 220 E. 65th Street in an off-market deal, according to the New York Post.
Image credit: Getty, StreeEasy
Read more: https://therealdeal.com/2020/01/30/eliot-spitzer-and-fiancee-roxana-girand-pick-up-two-ues-condos/
A decade from now, the real estate marketplace may not be swarming with as many agents as there are today. Automation and increased consolidation of business with top agents will whittle down the ranks.
Coldwell Banker CEO Ryan Gorman; Guy Gal, CEO of Side, a venture-backed residential brokerage that has raised over $60 million from investors; and Susan Daimler, senior vice presidnet of Zillow Group’s Premier Agent program, shared their predictions for the future of brokerage on a panel yesterday.
Follow the link to read what they said. http://ow.ly/1cpA50y97TO
Commercial real estate finance company Walker & Dunlop has acquired Aaron Appel’s AKS Capital Partners just a few months after the former JLL heavyweight founded it, the company announced Thursday. The price was not disclosed. http://ow.ly/v0ui50y96NE
Mayoral hopeful Comptroller Scott M. Stringer wants to ramp up affordability requirements and eliminate 421a.
Scott Stringer called for more affordable set asides and an end to 421a
Design Firm BIG Looks at “AI-chitecture” and 3D Printing to Help Build Sustainable Coastal Cities
By Propmodo
In an era of proliferating “star-chitects,” Bjarke Ingels with his architectural firm BIG stands out as one of the A-list of built world celebrities. His company’s large-scale public works projects like the Amager Bakke, a power plant turned ski hill and visionary buildings like the 8 House, a...
The owner of Victoria’s Secret is in talks to potentially sell the company, as sales fall at the iconic lingerie brand.
Leslie Wexner, who has built the retail empire of L Brands — the parent company of Victoria’s Secret — over nearly six decades, is also considering stepping aside as CEO, according to the Wall Street Journal.
Read more: http://ow.ly/5f7j50y8b14
Billy Macklowe has gone into contract to buy a controversial Park Slope development site.
The developer has partnered with investor David Welsh to buy the Key Food grocery store at 120 Fifth Avenue for “less than $65 million,” according to the New York Post. The duo is planning 165 residences across two buildings, and the project would mark Macklowe's first foray into Brooklyn. Link in bio to read more.
Read more: http://ow.ly/CcDu50y86g3
Salmar Properties was previously required to dedicate most of its massive Liberty View Plaza to manufacturing uses. The city is now allowing it to bring in as much as 268K sq ft of office tenants.
Salmar Properties formerly had to dedicate most of Liberty View Plaza to manufacturing. EDC is now letting it rent up to 268K square feet to office...
The Kansas City Chiefs and the San Francisco 49ers aren’t the only ones hoping to score a big win this weekend in South Florida.
As Super Bowl LIV ticket holders descend on Miami this week, ahead of the big game, luxury residential brokers and agents are holding open houses, setting up meetings with athletes and wealthy attendees, hosting events, and rolling out targeted social media campaigns.
Mark Zilbert of Brown Harris Stevens Miami calls it “the biggest week of the year.”
Read more: http://ow.ly/MtIg50y867Q
#SBLIV
“The Fairway of today is not the Fairway that we loved and believed in when fighting to bring them to the neighborhood,” said Gregory T. O’Connell, the landlord of the grocer's massive location in Red Hook.
O'Connell, whose father is the developer most associated with Red Hook's renaissance, said the private equity firm which took over Fairway in 2007 "diluted the strengths of the operation from bottom to top." He also vowed to repalce the supermarket with another grocery story if the bankrupted Fairway shuts down as expected in the next few months.
http://ow.ly/umHw50y830y
The landlord of the Red Hook Fairway said he will look to replace it with another supermarket if it closes — a better one than the once-beloved store has become.
A giant loft and a lofty ask for a resale at 220 Central Park South were the highlights of New York City’s priciest listings last week.
The five priciest properties to hit the market last week had asking prices from nearly $12 million to $36 million. Combined, they totaled about $96 million — a drop from last week’s whopping combined listing value of $156.4 million.
A roundup of today's biggest real estate news for Tuesday, January 28th, 2020.
As friends and associates of Faith Hope Consolo come to terms with revelations that the late broker fabricated details of her upbringing, her real-life relatives have some questions of their own.
A probe of her will has been initiated by two sons of the father that New York’s self-described “queen of retail” hid from her New York world until her death in December 2018.
Read more: http://ow.ly/PCIa50y7aXA
The Connecticut developer accused of murdering his estranged wife was rushed to the hospital Tuesday afternoon after an apparent suicide attempt.
Citing an official familiar with the case, the New York Times initially reported that the 52-year-old Fotis Dulos, who was charged earlier this month with murdering his wife Jennifer, had died Tuesday. But Dulos’ lawyer, Norm Pattis, said to the Hartford Courant that Dulos was rushed to the hospital with a pulse.
http://ow.ly/CEu750y7kjk
The Corcoran Group and Citi Habitats are merging to better compete in an increasingly cutthroat brokerage business.
The deal, announced Tuesday, will boost the company’s standing as one of the biggest firms in New York City with more than 2,400 agents responsible for $7 billion in annual sales and 22,000 rental transactions last year. The two operated as "sister" companies for nearly two decades.
Read more: http://ow.ly/vDBD50y7579
There's now a fourth lawsuit challenging New York's new rent law, which went into effect in June.
Another group of landlords has filed a lawsuit arguing in a 77-page federal complaint that the law expands an unfair advantage for rich tenants, in violation of federal law. Link in bio to read more.
Read more: http://ow.ly/QBPB50y6Yap
#SPONSORED Going green finally makes business sense for New York building owners and managers. Thanks to newly enacted laws and real estate oriented solar energy companies, landlords will save millions on utilities in the coming years.
OnForce Solar
Last April, the New York City council passed new emissions standards, known as Local Law 97 within the Climate Mobilization Act. The ambitious new leg
Another day, another landlord lawsuit against New York’s rent law. But this one has a twist.
Another group of landlords has filed a lawsuit challenging New York’s rent law, hiring Randy Mastro to argue that the statute hurts minority...
Kobe Bryant’s death in a helicopter crash Sunday triggered an outpouring of grief across the world. But one eXp Realty agent saw the tragedy as an opportunity, and an off-color remark she made on social media has now led to her dismissal.
http://ow.ly/6bkZ50y6v10
#KobeBryant
In an industry known for sharp elbows, Jeff Blau’s seen as the nice guy who shows up to his kid’s hockey practice, to Cycle for Survival events at Equinox and to the Metropolitan Transportation Authority boardroom when it’s time to hash out a deal and Related founder Stephen Ross is in China. More than a dozen people interviewed described Blau as a consummate dealmaker — the kind of person who clicked with Ross as a student at the University of Michigan and then, two decades later, skillfully assembled the financing for Related’s biggest project yet.
Read more: http://ow.ly/UdHJ50y6fvk
Compass is laying off up to 40 employees across its IT, marketing and M&A teams, the company confirmed Monday.
Sources said the move, which is taking place this week, is part of a broader reorganization as the SoftBank-backed company consolidates roles that service agents.
Read more: http://ow.ly/jSQl50y6mRa
That’s right, @akon is behind one of the largest, if not the largest real estate project underway in West Africa.
The Senegalese-American musician and producer posted on social media recently that he had finalized an agreement for his 2,000-acre “Akon City” megaproject outside Dakar. There are some reports that the project broke ground last spring, while others say this month’s agreement will allow Akon’s team to break ground.
Read more: http://ow.ly/iTpU50y6btt
Developer William Zeckendorf is angling to build an army of New York homeowners to lobby lawmakers.
Residential property owners in New York City could, if mobilized, become an influential group that brokerage executives believe would be aligned with the industry when it comes to legislation affecting real estate taxes and property valuation.
Read more: http://ow.ly/7JUG50y6bgF
Extell has announced that its Central Park Tower — the tallest condo tower in the world at 1,550 feet — will be home to the world’s highest private residential club.⠀
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Located more than 1,000 feet in the air, the “100th Floor” at CPT will offer approximately 50,000 square feet of luxury services and amenities across three floors. The actual 100th floor will span over 8,300 square feet and includes a private ballroom, dining room, bar, full-service kitchen, and wine and cigar lounges. ⠀
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Check out below for a peek at what the club might look like.
#CentralParkTower #RealEstateNews #TheRealDeal
New York’s real estate bigwigs offer predictions for 2020
Real estate players at the Real Estate Board of New York’s annual gala were glad to put 2019 behind them, but saw reasons for optimism. Watch the video above to find out what they were.
Fendi and Berluti have signed leases for 595 Madison just a few days after Coach shut its doors at the location.
Fendi and Berluti have signed leases at Vornado Realty Trust’s 595 Madison Avenue, the flagship store which Coach recently vacated.
A majority of Democratic state senators and assembly members have signed on to a “good cause” eviction bill, and backers seeking to build on that momentum released a poll Monday gauging public support for the concept. http://ow.ly/UTBn50y5N0r
SoftBank-controlled WeWork just landed an office space deal for another SoftBank-backed company.
http://ow.ly/CVP650y5MpN
WeWork has landed an office space deal in Soho for the SoftBank-backed company Gympass.
Investors are still paying top dollar for multifamily assets — if they are outside of the reach of rent control.
Across the country, investors paid more on average per apartment in the third quarter of 2019 than they did in 2018 — $158,296 per door, up from $151,766 in 2018 and $106,074 in 2012, according to an analysis by Marcus & Millichap.
Follow the link to learn more.
http://ow.ly/bvy750y4s5h
#MultifamilyHomes #Home #RealEstateNews #TheRealDeal
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A roundup of today's biggest real estate news for Tuesday, January 28th, 2020.
New York’s real estate bigwigs offer predictions for 2020 Real estate players at the Real Estate Board of New York’s annual gala were glad to put 2019 behind them, but saw reasons for optimism. Watch the video above to find out what they were.
TRD | REBNY GALA 2020 - Real estate bigwigs sound off on politics at REBNY gala The tough political environment was the topic du jour at REBNY’s 124th annual banquet last week. From the new state rent law passed in June to the proposed pied-à-terre tax, executives at some of the city’s busiest real estate firms shared one sentiment: It’s only getting harder to do real estate in New York City. Some are even considering wrapping up their deals here and moving on. Watch the video above to hear what they had to say. #TRDxREBNYGala2020 #RealEstateNews #PoliticsInRealEstate
TRD | REBNY GALA 2020 - Interview with John Catsimatidis John Catsimatidis ran for mayor in 2013. Here’s why he’s considering another bid in 2021. #TRDXREBNYGala2020 #RealEstateNews TheRealDeal
A roundup of today's biggest real estate news for Wednesday, January 22nd, 2020.
In an effort to help salvage its business, WeWork has been shedding companies it acquired in the years and months before its demise. Some of these firms agreed to take stock options in WeWork — transactions that have caused headaches for their founders and executives as the co-working giant's valuation has plummeted. Read more: http://ow.ly/xIJV50y2cky
Jim Whelan became the face of REBNY at an undeniably tough time for real estate. At REBNY’s annual gala — and 7 months into the job — he talked to TRD about the rent law, tax revenue, and the proposed pied-à-terre tax #TRDREBNYGala2020 #RealEstateNews
A roundup of todays's biggest real estate news for Friday, January 17th, 2020.
Over the past 17 years, The Real Deal has churned out 250 issues, chronicling the changing real estate landscape — from the slew of supertalls on Billionaires’ Row to the WeWork saga and everything in between. In that time, this publication has won more than 40 awards while covering the industry’s highs and lows across four major U.S. markets. https://therealdeal.com/magazine/january-2020/
#AD Do you have a real estate project that needs funding? Learn more about Sharestates' loan programs by clicking the link to learn more! http://ow.ly/fl2T50xUarG #Sharestates #HardMoneyLending #RealEstateInvestment
Sen. Graham of South Carolina and Sen. Schumer of New York are backing a bill sponsored by Sen. Mike Rounds of South Dakota to alleviate restrictions imposed by the new EB-5 regulation. The bill would lower the minimum amount that foreign investors have to pour into some projects in order to receive a green card. It would also allow some investors to stay in the U.S. as they wait for their visas, according to the Wall Street Journal. Read the full story: http://ow.ly/qw2O50xWsgq
A roundup of today's biggest real estate news for Tuesday, January 14th, 2020.
Join 200+ C-suite executives at The Real Deal's second annual Future City this February. Time is running out! Click the link to join now: https://therealdeal.com/future-city-2020/#contact When: February 23rd through the 25th Where: Baha Mar in the Bahamas Attendees can expect: * Actionable insights gleaned from in-depth discussions * New knowledge on tech trends that are poised to disrupt real estate * Intimate networking opportunities in a relaxed island setting * Luxurious accommodations at the Baha Mar resort #FutureCity2020 #TRDEvents #TheRealDeal Join 200+ C-suite executives at The Real Deal's second annual Future City this February. Time is running out! Click the link to join now: https://therealdeal.com/future-city-2020/#contact
#AD Sharestates provides fast access to real estate funding at competive rates. Click the link to learn more! http://ow.ly/Chah50xOfZ9 #Sharestates #HardMoneyLending #RealEstateInvestment
A roundup of today's biggest real estate news for Wednesday, January 8th, 2020.
A roundup of today's biggest real estate news for Tuesday, January 7th, 2020.
The real estate industry — much like the rest of the world — is still trying to figure out exactly how its connection to cryptocurrency should work. The current estimated value of the cryptocurrency market is down dramatically from its market cap of about $830 billion at the beginning of last year. Despite that drop, cryptocurrency is still attractive to investors because the digital currency units are decentralized and encrypted — and bypass standard financial institutions. Do you see crypto currency working for Real Estate? Comment below. Follow the link in bio to read more. #CryptoCurrency #RealEstateNews #Tech #RealEstateTech #TheRealDeal Read more: https://therealdeal.com/2019/12/24/real-estates-latest-crypto-crusade/
House Democrats on Thursday passed a bill that would ease the state and local tax deduction cap that shook the residential real estate market in New York and other high-tax states. But the “Restoring Tax Fairness for States and Localities Act” has little chance of getting anywhere in the Republican-controlled Senate. The measure would increase the SALT cap to $20,000 from $10,000 for a joint return filed in 2019, and eliminate the cap for 2020 and 2021. Read more: http://ow.ly/AVkw50xFMll
#AD Sharestates has a unique lending solution for each of your real estate development needs. Click the link to learn more! http://ow.ly/fXsb50xDf6r #Sharestates #HardMoneyLending #RealEstateInvestment
TRD found 4,790 Environmental Control Board violations related to façades issued over the past five years. More than half — 2,474 — remain active. The city is owed nearly $3 million for those infractions. Most of the recent violations were for failing to report inspections or repairs. Read more: https://therealdeal.com/2019/12/18/after-fatality-analysis-shows-facade-rules-widely-ignored-across-city/
After a fatal accident in Times Square this week, TRD and the Department of Buildings conducted an analysis that found façade rules are widely ignored across city. Follow the link to see what we found. http://ow.ly/PWuB50xEos0
A roundup of today's biggest real estate news for Friday, December 13th, 2019.
We're proud to be the most read real estate news outlet for NYC and the web by creating a level playing field for the industry with our news coverage. Our editorial has covered everything, from significant rankings to exposes on opaque industry figures and their deals, to the latest market trends. In 2020 we are celebrating a new milestone with our 250th issue, in print and online. This special commemorative issue will include a look back at the first two decades of New York real estate in the new millennium, and some of The Real Deal’s most notable coverage. So join us in celebrating the past 17 years of in-depth, investigative and transparent journalism with more to come. Follow the link for more information: https://therealdeal.com/2019/11/29/coming-soon-trds-250th-issue/ #RealEstateNews #250thIssue #TheRealDeal #NYRealEstate
Ryan Serhant gets a haircut. #RyanSerhant #TheRealDeal
A roundup of today's biggest real estate news for Wednesday, December 11th, 2019.
Ryan Serhant's Brownstone Makeover The work never stops for Ryan Serhant. The Nest Seekers International broker took a detour on a recent day with TRD, to check on the renovations of the Boerum Hill townhouse he purchased for $7.6 million from “Everything is Illuminated” author Jonathan Safran Foer back in 2018. Despite the gorgeous existing interiors, Serhant did a gut renovation, making room for larger open spaces and even a swing hanging from several stories above. “It’s 8,000 square feet for one baby,” Serhant remarked in reference to infant Zena, whom Serhant and wife Emilia Bechrakis welcomed to the world in February 2019. The Serhant Team Brownstoner #brownstone #brooklyn #boerumhill #gutreno
There’s an unspoken rule among residential agents: don’t talk politics. Ever. Conventional wisdom dictates that any public statement of political affiliation risks alienating a potential client. As a broker whose personal life has been exposed for the cameras for years on “Million Dollar Listing: New York,” Nest Seekers International broker Ryan Serhant has deftly managed to keep this one thing about himself under wraps.
Will Ryan Serhant Leave NYC? There is at least one thing you do not want to do while visiting a high profile broker’s office: break his stuff. When TRD spent a recent day alongside the star broker in his Manhattan office, a certain ceramic piggy bank met its end during the shoot. Ryan Serhant Nest Seekers International The Serhant Team #milliondollarlisting #milliondollarlistingny
Audacious prop-tech companies and innovations have changed how the real estate industry operates. Future City is the only event dedicated to bringing together key players from real estate and Silicon Valley to educate and inform in an intimate, off-the-record setting that only The Real Deal can offer. Designed exclusively for executives, Future City attendees will leave this event equipped with the knowledge and resources to guide their organizations. Join us today! https://therealdeal.com/future-city-2020/ #FutureCity2020 #RealEstateEvent #Tech #Innovation #TheRealDeal #TRDEvents
A roundup of today's biggest real estate news for Wednesday, December 4rd, 2019.
#AD Certainty of execution now available from coast to coast! Madison Realty Capital has expanded their customized financing footprint nationwide; empowering borrowers with a single source of capital for complex transactions. Learn more: http://ow.ly/7JaC50xrRb8 #capitalatwork #madisonrealtycapital, #capitalinvestment #debtinvestment
Can you find something in common with a stranger and get their contact info? If not, this “Million Dollar Listing New York” star can’t work with you. Nest Seekers International agent Ryan Serhant runs a 60-person team covering New York City, Miami, and Los Angeles. Over that time, he’s hired quite a few brokers. Serhant shares a few tips on what you can say to impress him in an interview. Here’s a hint: Be prepared to get personal. The Serhant Team
A roundup of today's biggest real estate news for Tuesday, December 3rd, 2019.
More industry execs are joining #FutureCity2020! Simon Ziff of Ackman-Ziff and Bruce Mosler of Cushman & Wakefield are the latest additions to The Real Deal‘s retreat in the Bahamas. They will join REBNY president Jim Whelan, JDS’ Michael Stern, Gil Dezer of Dezer Development, Young Woo of Youngwoo & Associates and many more real estate and tech titans for the three-day event from February 23rd to 25th at the luxury Baha Mar resort. Follow the link to join: https://therealdeal.com/future-city-2020/ #FutureCity2020 #TheRealDeal #RealEstateEvent #TRDEvents
#AD Certainty of execution now available from coast to coast! Madison Realty Capital has expanded their customized financing footprint nationwide; empowering borrowers with a single source of capital for complex transactions. Learn more: https://www.madisonrealtycapital.com/contact?utm_source=therealdeal&utm_medium=facebook&utm_campaign=post&utm_content=coasttocoast #capitalatwork #madisonrealtycapital, #capitalinvestment #debtinvestment
Melanie La Rocca is New York City’s Buildings Commissioner. Often regarded as one of the more thankless City Hall gigs, the commissionership involves overseeing 1.1 million buildings and more than 45,000 active construction sites. The agency faces constant pressure from politicians, contractors, developers, unions, community groups and advocacy organizations, many of whom have conflicting agendas. Melanie La Rocca, who previously served as vice president at the School Construction Authority, stepped in as DOB commissioner last June.
Our #cyberweek sale is here! Save 50% on all annual memberships. Real estate drives the world’s economy, be in the know! SUBSCRIBE: https://therealdeal.com/subscription/?tpcc=cybrwkfb
A roundup of today's biggest real estate news for Wednesday, November 27th, 2019.
A roundup of today's biggest real estate news for Tuesday, November 26, 2019.
Last Chance To Be Seen In The NYC Rulers of Retail Issue! The retail industry is transforming, but rumors of its demise may be exaggerated. Pop-up stores, experiential plays and interactive technologies have created a run on retail that makes this year’s annual retail brokerage ranking from The Real Deal especially exciting. This December, The Real Deal once again examines—and ranks—the 15 firms in Manhattan and Brooklyn that leased the most square footage in the past year. Retailers won’t want to miss it, and you won’t want to miss the chance to get your message out. Also in this issue: * The latest on rent reform � * How minority developers are faring under New York State’s new partnerships rule� * NYC’s top lobbyists to know� Limited spaces are available, so contact [email protected] by Wednesday, 11/27.
The Real Deal has become mandatory reading for everyone in the industry. Since 2003, TRD has provided up-to-the-minute industry news and in-depth reports and profiles in our 65,000-circulation monthly magazine and on TheRealDeal.com, which receives more than 2 million unique visitors per month. Our content is available across multiple platforms, including a mobile app available to iPhone, iPad and Android users alike.
The Real Deal has been repeatedly recognized for its prowess in real estate media, receiving the Society of American Business Editors and Writers’ 2013 award for general excellence. In 2016, TRD won a record 12 awards from the National Association of Real Estate Editors, including the gold for best residential trade magazine and a silver award for best commercial trade magazine.
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