The Real Deal

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Those looking to buy a home held back (or were stymied) in November, with contract signings dipping month-over-month by 2 percent.
Historic Texas @SamsungUS deal took record-breaking incentives
2022 Texas real estate predictions: 4 experts weigh in
Paul Dimm hopes to open Scarlet Knife in the 15,000-square-foot space in May or June
Believe the homebuying hype: Brooklyn’s new development contracts broke $1.5 billion in 2021, per @BHSWorldwide
Howard Hughes Corp. will start construction on 250 Water Street next year after reaching an agreement on museum funding
Luxury clothing company Eleventy signed up for 10 years in a Reuben Brothers property on Madison Avenue.
Nearly 75 percent of homebuyers and sellers told @Redfin they are changing their plans amid a 39-year peak in U.S. inflation
Emmut Properties bought the shuttered Upper West Side hotel, which includes 215 rooms across 133,000 square feet
See who took home the top spot in TRD’s annual ranking of Manhattan’s biggest office leases
Olympia Dumbo Condominium snatched first place with a project sellout of $375 million — that's nearly all of last year's projected sellouts.
Signature Bank provided the loan for the 405-unit property in Astoria.
The champion of local communities and urban design aesthetics was 89.
Gary Barnett’s Extell has spent over a decade piecing together a Diamond District assemblage along Fifth Ave. Now it’s filed plans for a skyscraper on the parcel.
Canadian company Prism #Multifamily Group enters real estate market in #Austin, Texas
Phoenix, Tampa and Miami posted the highest level of home growths in October, but the overall market tapped on the brakes
Self-storage and industrial REITs soared this year, but the pandemic and rising inflation could spell trouble for the sector in 2022
A surge in new Covid cases has taken a bite out of Apple’s New York City retail offerings
Manhattan’s office market notched a peak in activity in November, shortly before surges in coronavirus cases created new concerns for New York City.
Investors including @blackstone, @Prologis and @RockGroup are still insatiable when it comes to industrial properties.
SL Green, Durst and Vornado nabbed the largest financing deals in 2021
Office deals dominated the list of 2021’s biggest investment sales
While some were busy checking off their Christmas lists, others spent the holidays inking contracts for luxury homes in Brooklyn — most of them condos.
Where in the world is @elonmusk living?
Court approves $77M deal to sell prime downtown Austin spot
WWE’s Vince McMahon is reportedly hoping his Greenwich, Connecticut mansion has a fighting chance on the market
Manhattan’s luxury market had its best Christmas week on record with 42 contracts signed for homes asking $4 million or more, @doishan found.
New York City hotels face property taxes that are double those for properties in other major U.S. markets, including Washington, D.C., Los Angeles and San Francisco.
Onyx Equities is bringing a luxury building and a supportive housing complex to downtown Ridgewood, New Jersey.
Holiday sales rose 8.5% from last year, per @Mastercard, with boosts from early shoppers and e-commerce sales and the biggest wins among apparel and jewelry sectors.
Manhattan’s top real estate loans in November totaled $1.8 billion.
Joel Kohn’s Jay Group scored construction financing arranged by Meridian capital for one of the tallest residential buildings planned for Hamilton Heights.
Boston’s mayor and her allies want to retool the city’s approach to affordable housing.
The sale of a lakefront estate outside Montreal has broken a short-lived price record for the Canadian province of Quebec.
From bubble suites across the border to treehouses at home, there are some wacky @Airbnb listings.
The former Fort Greene home of iconic Brooklyn-born rapper Biggie Smalls has sold for well above its asking price.
Scoop: Heath Freeman, managing director of the controversial hedge fund Alden Global Capital, has acquired the Harbor Bistro in East Hampton for $4 million.…
Really enjoyed diving w @BrendanFWallace into how real estate moved from the cowboys 🤠 to the suits 🕴️‍♂️& now, to the technologists 👩‍💻. Check out our full chat#proptecht#climatetechtech at the links below
Retweeted by The Real Deal
An entity tied to Himmel + Meringoff Properties face criminal charges related to the 2019 death of Erica Tishman outside 729 Seventh Avenue
TRD's @hitsamty sat down with @fifthwallvc founder @BrendanFWallace to discuss the industry’s views on proptech and how the past might inform the future of climate tech. Links below for the full conversation. Youtube: Podcast:
Why stare at a screen when you can stare at the walls in your beautiful new home? The Select Spaces team has five luxurious Lenox Hill options for you.
Witkoff and Access Industries acquired control of HFZ’s troubled XI project in foreclosure auction…
.@nyugrossman Dean Robert Grossman has graduated to Billionaires Row with a $14.5M condo at 220 Central Park South
Hello Living puts East Flatbush rental project into bankruptcy in a last-ditch attempt to avoid foreclosure.
The state has revoked an RFP for an Hudson Yards site where Peebles Corp. envisioned the 1,663-foot “Affirmation Tower” project
Kushner buys three Houston multifamily properties for $200M
The Kuwaiti investor is nearing its $170 million purchase of the Upper West Side building with a Pacific Western Bank loan.
This year’s combined sellout is up 70% from 2020, returning to 2019 levels
The tentative deal between the city of Long Beach and Sinclair Haberman halves a court-ordered judgement while allowing high-rise construction along the boardwalk.
PWM, an HNA Group affiliate, recently filed for bankruptcy, blaming the property manager for the financial troubles at 245 Park Avenue.
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