Growing jitters over the Federal Reserve, crypto and the future of the artificial intelligence boom have helped drive a global sell-off.
There were 127 transactions totaling $239 million recorded in New York City over the prior 24 hours before 4 p.m. on Thursday, Nov. 20, 2025. 🏆 Residential: The top residential transaction recorded in New York was a Chelsea townhouse. Maverick Real Estate Partners offloaded a home at 217 West 20th Street for $11.6 million — almost half off the original list price — after taking over the property in 2022 via a foreclosure case. The townhouse’s new owner is 217W20 CRG NY, LLC. The property has more than 9,000 square feet of living space and 1,500 square feet of exterior […]
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Smaller multifamily REITs are beginning to show signs of the strain settling in for the asset class as rent growth dipped into negative territory for the year.
Aimco and Elme are liquidating, selling the portfolios to return capital to shareholders rather than continue on, while Centerspace is evaluating its options in one of the most challenging operating environments for apartments in years.
“Because jobs are really tepid, you’re not really getting a lot of new rents,” Piper Sandler Managing Director and Senior Research Analyst Alexander Goldfarb said. “Renewals are pretty good, but new rents are not. You layer that in with the inability to buy…
The practice is at the intersection of two things people hate: feeling watched and feeling ripped off.
As fewer people carry cash, vendors, street performers and people experiencing homelessness and unemployment are at a disadvantage.
Baltimore-based Merritt Properties sees the debt markets opening up, so it’s hoping to land a loan to refinance dozens of Maryland industrial properties.
A sharp reversal in Asian stocks, after a rally fueled by Nvidia’s strong earnings, underscores how fears of an A.I. bubble are driving broad market swings.
At Sotheby’s, he provided famous diamonds to Elizabeth Taylor and Richard Burton before reviving Verdura, a venerable jewelry company founded by a Sicilian duke.
Josh Rahmani and Ebi Khalil have flipped their Park Avenue South deal to Olmstead Properties. The Empire Capital co-founders went into contract earlier this year to buy 381 and 373 Park Avenue South from the Hemmerdinger family’s ATCO Properties, as The Real Deal previously reported. Now, Olmstead has bought the office buildings from ATCO for $104 million, with Empire retaining a small piece of the deal. “373 and 381 Park are quintessential Olmstead buildings — classic architecture, prime location and untapped potential,” Olmstead managing director Steve Marvin said in a statement. “Our broader portfolio is 95 percent leased because tenants […]
This article originally appeared on The Real Deal. Click here to read the full story.
The outcome of the sale could alter the trajectory of the entertainment business.