2025 Was The Year Of The Office Haircut, But The Pain May Bring Gain

December 9, 2025 / no comments

Office buildings finally started trading hands this year after a long dry spell brought on by elevated interest rates and a gaping gulch between buyer and seller price expectations. 
While thousands of office sales in some of the country’s hardest-hit markets were welcomed as a sign that a long-awaited rebound might finally be on the way, the sales also represented sometimes bone-deep discounts for sellers trying to offload underperforming assets. As 2025 draws to a close, however, the tide might be turning.

Toms River man pleads guilty in mortgage fraud scheme

December 8, 2025 / no comments

Mendel Deutsch of Toms River, New Jersey, has pleaded guilty to one count of bank and wire fraud conspiracy and one count of wire fraud for his role in a brazen commercial mortgage fraud scheme in Brooklyn. Deutsch pleaded guilty in November, just a few weeks after one of the co-conspirators, Joshua Feldberger of the title insurer Universal Abstract, pleaded guilty to one count of bank fraud conspiracy. The Department of Justice accused Deutsch and Feldberger of assisting in a scheme with Arthur Spitzer to buy and sell properties and obtain mortgages on properties they did not own. Prosecutors alleged […]

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

After series of price cuts, Alec Baldwin’s Amagansett home relisted with markup

December 8, 2025 / no comments

Alec Baldwin has been trying to sell his Amagansett home for more than three years. But instead of knocking down the price — the logical move for stuck sellers — Baldwin is raising it. The actor’s home at 355 Town Lane in the Hamptons community is back on the market for $21 million, Newsday reported. The property was taken off the market a little more than a year ago, when it was available for $19 million. It would be natural to think the elevated price accompanies an upgraded offering, but that isn’t the case, according to Saunders & Associates’ Scott […]

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

Amityville eyes moratorium on multifamily development

December 8, 2025 / no comments

Amityville is pumping the brakes on its apartment boom.  After a half decade of rapid multifamily growth, village officials want a six-month moratorium on new apartments, condos and townhomes while they study whether the surge has pushed local services to a breaking point, Newsday reported. The proposed pause would block approvals or construction of any building with three or more units, Mayor Michael O’Neill said. The village of about 10,000 people has the option to extend the moratorium another six months if needed and is set to take public comment Monday at Village Hall. Amityville’s wave of development was encouraged […]

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