What happens when an industry benefits from adding more agents — but its reputation suffers @JasonHaber has some thoughts about licensing, incentives and who gets through the door.
He joins #TRDDeconstruct hosts @lilah_burke and @hannah_m_kramer for the season premiere:
If the city wants to make NYers happy, let car owners leave after the street sweeper passes and shorten the alternate side parking times to the real half hour for each block.
This was a really cool thing to see. In addition to the groundbreaking itself, we got to view the 2 WTC site from the 80th floor of 3 WTC, where there's an amazing collection of photos, historical documents, and art about the World Trade Center complex.
The final piece of the World Trade Center is finally rising. 25 years after 9/11, 2 World Trade Center broke ground today.
But the biggest obstacle wasn't engineering. It was finding a tenant willing to anchor the tower.
Watch to learn why it took decades, and what it means for NYC's office market:
Everyone says the Sun Belt has too much supply. So why are institutional investors still betting on it?
At #TRDRoundtable, JPMorgan Chase Asset Management's Melody Garcia says demographics — not headlines — are driving the long game.
Congress just passed a housing bill that restricts Wall Street-backed firms from buying homes. But how many homes do they really own? Spoiler: not a lot. And for the past several years, they have been selling more than buying. Details here: https://t.co/F7oKF9Ar4D
Absolutely wild. This is the largest office-to-resi conversion in NYC.
Metroloft is NYC's expert on conversions. Metroloft's partner on the project is David Werner who usually buys office buildings with the intention of flipping properties quickly.
https://t.co/vVoASIyl1g
The loudest real estate fight inside NYC’s $125.8B budget wasn’t over towers or taxes. It was over who gets help paying rent — and who picks up the tab.
At the center was CityFHEPS, a housing voucher program that has grown from roughly $26 million in 2019 to more than $1.8 billion today.
The final deal commits hundreds of millions to rental assistance and ends a years-long legal fight between City Hall and the Council. But there’s a catch: the funding isn’t guaranteed. Once the money runs out, so do the vouchers.
Watch as TRD Policy Pro reporter Caroline Spivack breaks down what changed and why it matters.
My latest on how the Park Slope-born owners of 30 popular summer camps took on obscene amounts of debt through a ground lease scheme, and defaulted on $200M in bonds from Israeli investors.
https://t.co/CxVDpi4Ayn
Something operators told me when I similarly wrote about this was that city resources only kick in for tenants when they’re in dire straits and about to be evicted.
They need to “roll their dice out to the edge” to get help.
Mugshots of Oren Alexander, Alon Alexander and their cousin, Ohad Fisherman. Miami-Dade State Attorney’s office announcing state charges of sexual battery and sexual battery with multiple perpetrators. @trdny@trdmiami
THIS JUST IN: For the first time since taking over brokerage behemoth @DouglasElliman, new CEO and Chairman Michael Liebowitz will join @MrKorangy onstage at #TRDForum to share his plans for the legendary firm and tell the audience what it's like to take over for larger-than-life industry titan Howard Lorber.
Join us when it all goes down at Mana Wynwood in Miami this Thursday 11/7!
Secure your spot here: https://t.co/OBo3QOGDck
Worth highlighting great success stories in indie media: @trdny hustles way above its weight class in its coverage of NY real estate business, always been a fan of @mrkorangy and team.
@MaryKJacob I had the scoop on South Florida attorney Jim Ferraro being replaced by Isabelle Kirshner as Oren and Alon Alexander's attorney in the initial two rape lawsuits hours before your story in the @nypost. Can you please credit @trdny and link to our story?
Top CRE dealmaker @BobKnakal is getting back in the brokerage game after a surprise exit from JLL weeks ago. Watch his interview with @ByRichBockmann to learn more about Knakal's next venture: https://t.co/nSmpRLbb7s
Nir Meir appeared out of nowhere and became managing principal of one of NYC’s largest developers. Now he's in Rikers. A lot has been speculated about how, and why, he did what he did. I've been reporting on him for years. Here is the definitive story.
https://t.co/tqghywW6Ng
Fútbol superstar Lionel Messi and his wife, Antonela Roccuzzo, acquired a waterfront estate in Fort Lauderdale’s Bay Colony, @kkallergis reports
https://t.co/669TpIGFbB
This multimedia project about Times Square is a month in the making w our amazing video team @hannah_m_kramer and Kaitlyn Martin. The 3 part video series, combined with a written story, documents Times Square's post-pandemic retail evolution:
https://t.co/v84kmaIEBi