“Here to support my developers”: Eric Adams boasts real estate chops to the industry, touts 1,200-unit Brooklyn housing project

May 7, 2025 / no comments

Speaking to a room full of real estate leaders, Mayor Eric Adams on Wednesday picked up on a major theme of the mayoral race: housing and how to build more of it.  At The Real Deal’s NYC Forum on Wednesday, Adams boasted about zoning changes under the City of Yes for Housing Opportunity and the […]

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

Barbara Corcoran selling Carnegie Hill penthouse

May 7, 2025 / no comments

Barbara Corcoran is parting with another one of her homes, but this time, on her terms. The “Shark Tank” star and real estate Corcoran Group founder listed her penthouse at 1158 Fifth Avenue in Carnegie Hill for $12 million, the New York Times reported. The asking price is a slight uptick from the $10 million […]

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

Customers sue proptech startup Welcome Homes over botched new builds

May 7, 2025 / no comments

Despite its name, customers allege a proptech construction startup has been anything but welcoming. Plaintiffs filed three lawsuits against Welcome Homes, a tech-based home construction company founded by DigitalOcean founders Alec Hartman and Ben Uretsky, as well as Alec’s brother Marc, the New York Post reported. The company was launched in 2020, letting buyers choose […]

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

Trump’s Penn takeover gives activist hope

May 7, 2025 / no comments

Not all Manhattan activists hate everything the Trump administration is doing. The administration’s takeover of Penn Station’s planned overhaul has provided some comfort to defenders of the city block marked for death at the southern end of the transit hub. Their pleas to the Cuomo, Hochul and Adams administrations have always fallen on deaf ears, […]

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