NYC’s top deals: Related’s Stephen Ross offloads West Village pad for $7M

November 15, 2025 / no comments

There were 209 transactions totaling $365 million recorded in New York City in the 24 hours before 4 p.m. on Friday, Nov. 14, 2025. 🏆 Residential: The top residential transaction recorded in New York City was in Nomad. A trust dropped $9.6 million on a penthouse at 30 East 29th Street. The seller, KFO Property NYC GMBH, had owned the condo since 2023, when the entity purchased the pad for $12.7 million. The unit, a duplex, spans 2,600 square feet and has three bedrooms and three bathrooms. It also has two fireplaces and more than 600 square feet of outdoor […]

This article originally appeared on The Real Deal. Click here to read the full story.

All’s fair (and FARE) in New York real estate this week

November 15, 2025 / no comments

This week saw the major blowup of one of the country’s largest apartment landlords. Fairstead has about $7.8 billion in assets and projects in the pipeline and 24,000 housing units across 28 states with a goal to grow even bigger. But internal disputes sparked multiple legal fights, including one that saw a lengthy opinion come down late last month. The trial involved 10 witnesses and nearly 2,600 exhibits, providing a play-by-play of the drama and negotiation at Fairstead, as well as showing an example of what happens when a business takes off at lightning speed. Slower to take off are […]

This article originally appeared on The Real Deal. Click here to read the full story.

The Daily Dirt: It’s lonely at the top for women in CRE

November 15, 2025 / no comments

“How would you feel about being called Peaches?” That’s what Mary Ann Tighe asked MaryAnne Gilmartin after brokering Forest City Ratner’s deal to develop The New York Times headquarters in 2000. The idea came mid-pitch, after Tighe realized Gilmartin’s firm would get the job, meaning two women with the same name (different spellings) would be leading the project. “I said to the assembled group, ‘Oh no, we’ll have two Mary Anns,’” Tighe recalled at a recent Commercial Real Estate Women (CREW) Network event. “I’ll always remember them looking at me in horror. I said maybe we should do what they […]

This article originally appeared on The Real Deal. Click here to read the full story.

Could NYC’s market see “Mamdani discounts”?

November 15, 2025 / no comments

New York City’s luxury market has been on a hot streak — but only time will tell whether that tear will survive Zohran Mamdani moving into Gracie Mansion. Even as political spin swirled over what the 34-year-old Assembly member’s successful campaign would bring, much of which came from the industry itself, buyers with deep pockets kept snapping up some of the city’s priciest properties. “There is absolutely no sign of a reckoning or discount or fear in the market,” said Leslie Garfield’s Matthew Lesser. “The reality is that we’re seeing a lot of activity here.” In the two weeks leading […]

This article originally appeared on The Real Deal. Click here to read the full story.