Featured
Realogy’s Compass lawsuit a slow road to nowhere, says legal expert
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The residential real estate behemoth Realogy is looking to take down the sector’s fastest-growing brokerage firm. The $7 billion parent of brands including
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DONE DEALS: Roundup of this week’s residential sales
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Brooklyn’s Clinton Hill neighborhood is home to 320 Washington Avenue, also known as the former Graham Home for Old Ladies. The landmarked building
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COVID home-buyers pushing up prices on coveted properties
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Four months of pandemic policies have produced a new breed of home-buyer who’s pushing up prices on the handful of properties being offered for sale in
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IRS extends deadline for 1031s, OZ investments
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The IRS has given 1031 investors some breathing room, extending deadlines for like-kind exchange deals during the corona virus outbreak.
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How coronavirus brought Manhattan home sales to a screeching halt
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While residential brokers had hoped 2020 would be the beginning of things finally looking up after two years of sluggish sales, the first quarter of 2020
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Compass sheds 375 workers
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Compass CEO Robert Refkin has stopped taking a paycheck after the venture capital-backed real estate firm laid off 375 workers. In a company-wide letter
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Retail owners look for middle ground as national chains declare rent strike
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New York’s property owners will have to work with their retail tenants to dig the city back out of its coronavirus blight. As national tenants such as
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Elizabeth Stribling sells former Chelsea brokerage building
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Residential brokerage doyenne Elizabeth Stribling has sold her company’s former office building at 340 West 23rd Street. JLL Capital Markets brokered
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Done Deals: Combined home closing
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MICHAEL J> FRANCO Despite the challenges involved in selling a combined apartment, a group of Compass agents found the right buyers appreciative of the
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Done Deals: At home on Billionaires’ Row
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CHRIS FRY Billionaire Chairman of Hochschild Mining Eduardo Hochschild recently bought a three-bedroom, 3-bath condo in the MoMA Expansion Tower in the
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New Development: UWS development recognized for design
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● GID Development Group UWS development wins three design awards Waterline Square, the three-tower, residential development on the Upper West Side, was
Deals & Dealmakers
ON THE SCENE: Cushman & Wakefield retained to sell 940 8th Avenue
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AGENTS Cushman & Wakefield has been retained on an exclusive basis to arrange for the sale of 940 8th Avenue, a 9,500-s/f retail condo property