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PropTech
Divvy Homes locks in new venture round
February 5, 2021Divvy Homes has raised a $110 million venture round led by Tiger Global Management, TechCrunch first reported. The...
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Acquisitions
Amazon warehouse attracts new buyer
February 5, 2021BentallGreenOak has acquired a last-mile delivery facility at 2300 Linden Boulevard & 835 Essex Street in East...
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PropTech
Knotel files for bankruptcy
February 3, 2021Co-working startup Knotel filed for chapter 11 bankruptcy on Saturday, WSJ first reported. Although CEO Amol Sarva tried...
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PropTech
Weed legalization can bring real estate industry to new heights
February 3, 2021Senate Majority Leader Chuck Schumer said he will push to pass sweeping legislation that would end the federal...
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Financing
Madison Realty Capital provides $106M for Myrtle Point development
February 3, 2021Arch Companies and AB Capstone have secured $106 million in construction financing from Madison Realty Capital for a mixed-use project at...
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Leasing
Robinhood eyes NYC headquarters
February 1, 2021Robinhood, a favorite among retail traders who have recently been squeezing short sellers, is looking to...
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PropTech
Simon Property Group joins SPAC craze
February 1, 2021Simon Property Group (SPG) has formed a blank check company with a target value of $300 million....
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PropTech
WeWork in talks to go public as Knotel goes bankrupt
February 1, 2021WeWork is in talks to go public via an SPAC in a deal that would value the struggling co-working...
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Leasing
Apple TV+ inks Astoria lease
January 29, 2021Apple TV+ has leased 90,000 SF of soundstage and production space at Kaufman Astoria Studios (AKA 34-11 36th Street)....
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Acquisitions
Christian Sinding’s EQT buys Exeter Property Group
January 29, 2021Christian Sinding’s EQT is acquiring Ward Fitzgerald’s Exeter Property Group for $1.9 billion in a stock-and-cash transaction. Exeter generated roughly...
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Politics
REBNY learns to tailor message to zeitgeist
January 29, 2021REBNY has joined forces with New York’s Legal Aid Society, a nonprofit that advocates on behalf of tenant...
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Leasing
Yelp looks to sublease Manhattan office space
January 29, 2021Yelp has quietly let brokers know that its 200,000 SF of office space at SL Green’s 11 Madison Avenue...
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Acquisitions
David Werner vs. Yoel Goldman
January 25, 2021David Werner has filed a lawsuit seeking the repayment of a $15 million deposit he made toward...
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PropTech
CoStar & Warburg Pincus vie for CoreLogic
January 25, 2021CoStar Group and a private equity group led by Warburg Pincus are the two final bidders competing for real...
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Leasing
Casino in Times Square? Budget shortfall makes it possibility
January 25, 2021With New York State desperately looking for new sources of revenue, real estate developers and gambling...
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PropTech
Latch to go public via Tishman Speyer SPAC
January 25, 2021Latch plans to go public by merging with a special-purpose acquisition company backed by Tishman Speyer,...
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Leasing
Urbanspace opens sixth NYC location
January 22, 2021Urbanspace will open its sixth Manhattan food hall in the Financial District, replacing a public walkway that...
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Leasing
Tenants & landlords allow for mutual survival
January 22, 2021Many landlords and small-business tenants are working in good faith to ensure each other’s survival. The...
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Leasing
Amazon becomes industrial real estate powerhouse
January 22, 2021Amazon has opened a 205,000-SF last-mile delivery facility at Prologis’ 1055 Bronx River Avenue in Soundview. The e-commerce...
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Politics
Rent regulated tenants fall behind
January 19, 2021Almost 200,000 of New York City’s rent-regulated tenants are more than two months behind on rent payments and...
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PropTech
Albertsons to pilot contactless PickUp kiosk
January 19, 2021Albertsons Companies announced that it’s the first American grocer to pilot an automated and contactless grocery PickUp...
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Financing
Madison Realty Capital provides $53M for Sunset Park development
January 19, 2021Heritage Equity Partners has secured a $53 million floating-rate construction loan from Madison Realty Capital for its development at...
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Leasing
Target posts strong Q3
January 14, 2021Target announced that winter holiday sales rose solidly as more shoppers bought goods online. Store-based sales increased...
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Luxury
NYC luxury market shows signs of life
January 14, 2021Twenty-seven contracts were signed last week for luxury condos or townhouses over $4 million. Over half of...
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Leasing
Square’s Jack Dorsey sends mix signals about remote work
January 14, 2021Cash App, a subsidiary of Jack Dorsey’s Square, has signed a 40,000-SF office lease at Boquen Realty’s 13 Crosby...
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PropTech
Sonder announces new hires
January 12, 2021Serviced apartment startup Sonder is beefing up its C-suite as it looks to move past a...
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Politics
What Joe Biden & Chuck Schumer mean for real estate
January 12, 2021Legislative expectations associated with tax reform should be tempered for President-elect Joe Biden and soon to be...
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PropTech
Jordan Vogel’s SPAC in talks to bring Faraday & Future public
January 12, 2021A real estate SPAC led by Benchmark Real Estate’s Jordan Vogel is in talks to bring Faraday & Future,...
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PropTech
Compass files for an IPO
January 11, 2021Compass has filed confidentially for an IPO. The residential real estate brokerage that fashions itself as...
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Politics
Extell bails on NYIT contract
January 11, 2021Gary Barnett’s Extell Development has filed a lawsuit against the New York Institute of Technology (NYIT), alleging the school didn’t...
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Acquisitions
Daily Beat newsletter now behind a paywall
January 4, 2021As of January 4th, the Real Estate Daily Beat is premium content and only sent to paying subscribers....
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