1+ week, 5+ day ago   (1702+ words) To limit rents, the state and city have systematically stopped property improvements For some New York real estate players, Mayor Zohran Mamdani is the least of their problems. Years before the democratic socialist promised to freeze rents and transfer buildings…...

2+ week, 1+ day ago   (573+ words) 🏆Residential: The highest-priced home sale was in Carnegie Hill. Alison and Adam Preiss purchased a co-op at 1150 Fifth Avenue for $8.5 million. The seller was a trust with Katherine O’Brien Shah as trustee. The unit is a duplex with five bedrooms, a…...

2+ week, 5+ day ago   (328+ words) Deal brings Midtown tower to 95% occupancy Genius Sports is making a play for more Manhattan office space. The sports data and technology firm inked a 53,000-square-foot lease at Vornado Realty Trust’s 1290 Sixth Avenue, The Real Deal has learned. Genius Sports…...

2+ week, 6+ day ago   (559+ words) Borrower defaulted on $375M loan, lender says It seems like the end of the road for a Midtown office tower owned by a real estate power trio. The buildings at 500 and 512 Seventh Avenue, where the lender accused the borrower of intentional…...

3+ week, 2+ day ago   (361+ words) Renters claim “living, breathing real estate leviathan” When my day started, I didn’t expect these two things to happen: Castenda/Gelfand v. Compass, Inc. was filed on Wednesday and shared with me last night. It was an excellent, fascinating read…...