Market

NYC’s Looming New Development Inventory Crisis

New York City’s new development market is facing a reckoning in 2026.  It’s not that demand has ground to a…

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How Big Would A Combined Compass and Anywhere Be In NYC?

Compass’ quest for dominance is no industry secret, but it pulled off a shocking reveal.  The nation’s largest brokerage by…

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Behind Rithm Capital’s $1.6B Deal to Buy Paramount Group

Rithm Capital’s deal to buy Paramount Group for $1.6 billion came as a bit of a surprise. After bids from…

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Real Estate Takes Center Stage in NJ Governor Race

Real estate — policy and donors — is shaping up to be a major piece of the New Jersey gubernatorial…

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New York City Development Rights Transfers Having Big Year

The air rights revolution was just getting started when The Real Deal covered it in June. At that time, however,…

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RXR Unveils $3.5B NYC Office Venture

Scott Rechler’s RXR is emerging as arguably the biggest wheeler-and-dealer of New York City office space, unveiling its latest venture…

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Veteran Advisor, Team Lead Exits Elliman

A nearly 20-year fixture at Douglas Elliman is going solo.  Neal Sroka, whose latest role at Elliman was special projects…

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City Skyline Realty Facing Foreclosure at Nine Buildings

Douglas Peterson’s City Skyline Realty is again facing the harsh reality of being a rental owner in Manhattan. Peterson is…

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New York Top Real Estate Deals: Wednesday, Sept. 24

There were 341 transactions totaling $258 million recorded in New York City over the 24 hours before 4:00 p.m. on…

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Rent-stabilized Investments Drive NYC Pension Fund Losses

During the six years since New York’s rent law crushed rent-stabilized revenue, the industry opinion became almost unanimous: The legislation…

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