Here are the changes that got City of Yes approved
Mayor Eric Adams’ signature housing policy secured with $5 billion in public funding
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Residential
National
Trump’s proposals spell pressure for mortgage rates
Calls for tariffs, tax cuts could hinder weary homebuyers: economists
Politics
South Florida
Here are three key findings that led prosecutors to drop charges against Alex Diaz de la Portilla and William Riley Jr.
Unreliable witnesses, shoddy circumstantial evidence and legal campaign contributions derailed public corruption probe against ex-Miami commissioner and his alleged bagman
Commercial
South Florida
Floyd Mayweather Jr. buying stake in former Versace Mansion in Miami Beach
Mayweather acquiring majority of Eli Gindi’s interest in the Ocean Drive property now called Villa Casa Casuarina
Commercial
New York
SL Green deal values One Vanderbilt at $4.7B
REIT sells 11% stake to Japan’s Mori Building Company
Residential
Los Angeles
LA considers pouring $100M from mansion tax into “social housing”
Measure ULA spending proposal sets funds for tenants to buy and run their apartments
Commercial
New York
Zeckendorfs’ final penthouse at 520 Park Avenue sells for $79M
Duplex traded in all-cash deal, marking NYC’s fourth-priciest deal in 2024
Commercial
Chicago
Chicago hotel owners push back after tax valuations more than double
Some big hotels valued for property taxes at 150% above assessments three years ago
Development
South Florida
Witkoff, Ari Pearl land $273M construction loan for Shell Bay in Hallandale Beach
Construction of Auberge-branded condo and hotel are underway
Nov 22, 2024
“Rhony” star Erin Lichy jumps back to Douglas Elliman
Broker boomerangs to Eklund-Gomes Team after 8 months at Compass
Nov 22, 2024
Jorge Madruga plans 73 apartments in East Harlem
Maddd Equities had considered office and school for 132 East 125th Street
Nov 22, 2024
Iconic NYC steakhouse sells for $30M
Tilman Fertitta, CEO of Houston-based Landry’s, praised Herald Square hotspot as “New York jewel”
Nov 21, 2024
Here are the changes that got City of Yes approved
Mayor Eric Adams’ signature housing policy secured with $5 billion in public funding
Nov 22, 2024
The Daily Dirt: Developer’s videos capture craziness of building in NYC
Eli Lever documents apartment project on social media
Tri-State
Nov 22, 2024
Brooklyn property manager tries hand at Jersey City development
Dave Denis lands $15M loan for 46-unit condo project
Nov 22, 2024
Here are three key findings that led prosecutors to drop charges against Alex Diaz de la Portilla and William Riley Jr.
Unreliable witnesses, shoddy circumstantial evidence and legal campaign contributions derailed public corruption probe against ex-Miami commissioner and his alleged bagman
Nov 22, 2024
Patrick Carroll reveals the root of his ongoing problems
In an Instagram post this week, the multifamily mogul disclosed a mental illness for which he’s receiving treatment
Nov 22, 2024
Miami board shoots down Oak Row, Asi Cymbal projects
Other proposals fared better, with CMC Group and Fort Partners’ Four Seasons-branded condo in Coconut Grove and B Group’s rental project scoring approvals
Nov 22, 2024
Integra to launch sales of 14-story, 76-unit waterfront condo project in Fort Lauderdale
Miami-based company ditched an earlier plan that included a separate hotel on the site
Nov 22, 2024
South Florida residential dollar volume falls in October, condo sales plunge
Median prices for single-family homes and condos rose in Miami-Dade and Broward counties
Nov 22, 2024
Investors drop $17M on waterfront Bal Harbour teardown, plan $45M spec mansion
$5K psf “will become the [pricing] norm across the board on waterfront ultra-luxury homes in South Florida,” says builder Manny Angelo Varas
Nov 22, 2024
Dickies looks to change style with OC office
Will leave 65K sf, could share space with sibling brand Vans in Costa Mesa
Nov 22, 2024
Lin He aspires to flip Corona del Mar mansion for $50M
Broker-designer revamps bluffside estate he bought in 2022 for $29M
Nov 22, 2024
LA considers pouring $100M from mansion tax into “social housing”
Measure ULA spending proposal sets funds for tenants to buy and run their apartments
Nov 22, 2024
Fullerton pols worry over density as state mandate hangs over city
OC city has looming deadline for rezoning plan to accommodate 13K new homes
Nov 21, 2024
AfterPay co-founder sells $36M Bel-Air home to Chinese billionaire
Nick Molnar trades “traditional estate” to condo developer Roger Wang
Nov 21, 2024
Prime opens 243K sf data center in Vernon leased to two AI firms
One tenant subleases its computing power to Lambda Labs in 10-year deal worth $600M
Nov 22, 2024
Progressive supervisor seeks eminent domain on way out of City Hall
Supervisor seeks eminent domain at a grocery store site to build all-affordable housing
Nov 22, 2024
Amcal and Swenson snag $150M refinance for student housing tower in San Jose
Developers put the 19-story highrise up for sale this summer, but pulled the listing
Nov 21, 2024
San Francisco’s free rent pop-up program expands to Union Square
Public-private Vacant to Vibrant will try to revive cable-car famous Powell Street
Nov 22, 2024
Redco and Bridges Capital buy Kohl Building in San Francisco for $26M
Office property sells for $300 psf, compared with $900 psf when it last traded in 2019
Nov 21, 2024
Kylli advances 1,800-unit urban village in Santa Clara
Plans call for offices, residential and retail on 49-acre site once slated for a Yahoo campus
Nov 21, 2024
VC Richard Kramlich lists bridge-centered SF mansion for $20M
Apple investor puts Tutor-style home, built for engineer of the Golden Gate, on the market
Nov 22, 2024
$22M estate listing would set record for ritzy suburb
70-acre property was town’s priciest sale when it changed hands in 2012
Nov 22, 2024
Real estate bulls — and woes — accent Lincoln Park Builders Forum
Hundreds of industry veterans gathered to drink and dine while dinging and doting on Chicago
Nov 21, 2024
GD Holdings pays $117M for Magellan’s unsold St. Regis condos
Dozens of units yet to be purchased by individual buyers now under control of Denver-based firm that bought hotel within building last year
Nov 22, 2024
Related Midwest’s quantum computing campus moving fast
Construction at former U.S. Steel Southworks plant could start in first quarter
Nov 22, 2024
Developers wanted for two historic buildings owned by feds
Adaptive reuse wanted for century-old towers 202 and 220 South State Street
Nov 22, 2024
Voters give Judge Shannon O’Malley the boot after residency questions
Retention voted increasingly going against the status quo in Cook County
Austin
Nov 21, 2024
Law firm brings tallest office building to 50% pre-leased
48-story tower is expected to open next summer
Dallas
Nov 19, 2024
Oaktree makes Y’all Street play with launch of Formida Capital
Loans “higher up in the capital stack” will range from $5M to $75M
Houston
Nov 22, 2024
Hines sinks $13M into tenant improvements for Paul Hastings
Is second law-firm tenant to get the royal treatment from development heavyweight recently
Houston
Nov 22, 2024
Tilman Fertitta doubles down on River Oaks District
Billionaire plans 4.3-acre expansion to luxury shopping center
Fort Worth
Nov 22, 2024
Dickies ditches Fort Worth after $4.5M HQ investment
Iconic workwear brand’s parent company shuttles it to California after 102 years in Texas
Dallas
Nov 22, 2024
Car-loving Dallas could eliminate developer parking minimums
Proponents think it could better optimize city land use
Nov 21, 2024
Trump’s proposals spell pressure for mortgage rates
Calls for tariffs, tax cuts could hinder weary homebuyers: economists
Nov 21, 2024
Future City moves to a new location for 2025
Join top brokers, developers and industry experts for 2 1/2 days of networking and dealmaking
Nov 19, 2024
Howard Lorber sells $1.8M of Douglas Elliman stock to new CEO
Firm’s stock price jumped to $2.28 after spending months at $1
Nov 19, 2024
Trump taps Lutnick, other industry vets for senior posts
Steve Witkoff chosen as Middle East envoy; Bill Pulte eyed for HUD
Phoenix
Nov 22, 2024
Spanish developer debuts in Scottsdale
Adlanto partners with Plaza Companies on $50M luxury condo project in Old Town
Nashville
Nov 22, 2024
GBT Realty plots mixed-use tower next to Oracle HQ
Nashville’s River North district is shaping up with push from tech giant's planned 70-acre campus
Phoenix
Nov 22, 2024
Spanish developer debuts in Scottsdale
Adlanto partners with Plaza Companies on $50M luxury condo project in Old Town
South Florida
Nov 22, 2024
South Florida residential dollar volume falls in October, condo sales plunge
Median prices for single-family homes and condos rose in Miami-Dade and Broward counties
New York
Nov 22, 2024
“Rhony” star Erin Lichy jumps back to Douglas Elliman
Broker boomerangs to Eklund-Gomes Team after 8 months at Compass
San Francisco
Nov 22, 2024
Progressive supervisor seeks eminent domain on way out of City Hall
Supervisor seeks eminent domain at a grocery store site to build all-affordable housing
San Francisco
Nov 22, 2024
Amcal and Swenson snag $150M refinance for student housing tower in San Jose
Developers put the 19-story highrise up for sale this summer, but pulled the listing
Chicago
Nov 22, 2024
$22M estate listing would set record for ritzy suburb
70-acre property was town’s priciest sale when it changed hands in 2012
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Fort Worth
Nov 22, 2024
Dickies ditches Fort Worth after $4.5M HQ investment
Iconic workwear brand’s parent company shuttles it to California after 102 years in Texas
Houston
Nov 22, 2024
Hines sinks $13M into tenant improvements for Paul Hastings
Is second law-firm tenant to get the royal treatment from development heavyweight recently
Los Angeles
Nov 22, 2024
Dickies looks to change style with OC office
Will leave 65K sf, could share space with sibling brand Vans in Costa Mesa
San Francisco
Nov 22, 2024
Redco and Bridges Capital buy Kohl Building in San Francisco for $26M
Office property sells for $300 psf, compared with $900 psf when it last traded in 2019
New York
Nov 22, 2024
Iconic NYC steakhouse sells for $30M
Tilman Fertitta, CEO of Houston-based Landry’s, praised Herald Square hotspot as “New York jewel”
New York
Nov 22, 2024
Jorge Madruga plans 73 apartments in East Harlem
Maddd Equities had considered office and school for 132 East 125th Street
Chicago
Nov 22, 2024
Developers wanted for two historic buildings owned by feds
Adaptive reuse wanted for century-old towers 202 and 220 South State Street
Houston
Nov 22, 2024
Tilman Fertitta doubles down on River Oaks District
Billionaire plans 4.3-acre expansion to luxury shopping center
Chicago
Nov 22, 2024
Real estate bulls — and woes — accent Lincoln Park Builders Forum
Hundreds of industry veterans gathered to drink and dine while dinging and doting on Chicago
South Florida
Nov 22, 2024
Miami board shoots down Oak Row, Asi Cymbal projects
Other proposals fared better, with CMC Group and Fort Partners’ Four Seasons-branded condo in Coconut Grove and B Group’s rental project scoring approvals
Dallas
Nov 22, 2024
Car-loving Dallas could eliminate developer parking minimums
Proponents think it could better optimize city land use
Chicago
Nov 22, 2024
Related Midwest’s quantum computing campus moving fast
Construction at former U.S. Steel Southworks plant could start in first quarter