The state Legislature passed a bill on June 1 that requires agents to publicly market properties unless sellers or landlords opt out by signing a disclosure warning that private listings can reduce exposure and competition. The legislation’s passage comes as policies on private listings from the National Association of Realtors and Zillow, and the use of exclusives by Compass, have evolved in recent years, pushing the debate on listing marketing and transparency practices into state legislatures. New York lawmakers passed the Fair and Transparent Real Estate Listings Act just five days after Connecticut’s governor signed a similar bill into law, […]

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The $111 billion deal would unite two major movie studios and put CNN under the same roof as CBS News.

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Elon Musk said he had initially given SpaceX less than a 10 percent chance of succeeding. His rocket company has come a long way.

Brandon Miller’s East Village project is finally landing office tenants. Two firms have signed 10-year leases totaling more than 16,000 square feet at 1 St. Mark’s Place, the nine-story boutique office project built by the late developer’s company, Real Estate Equities Corporation, or REEC.  An investment firm leased 9,500 square feet spanning the building’s sixth and seventh floors, while a technology-focused investment firm took 6,800 square feet across the eighth and ninth floors, according to leasing and development manager GDSNY. The names of the tenants and asking rents were not given.  The deals mark a significant step forward for the […]

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Anthropic and OpenAI could join SpaceX with their own initial public offerings, setting many employees up to become millionaires or billionaires.

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In their defense, they said the performance would be theatrical.  But when Humberto Lopes’ Gotham Housing Alliance showed up to one of New York’s rental board hearings with a team of zombies carrying flags and signs, there was perhaps more dramatic tension than anticipated.  The crowd of zombies, complete with dripping blood and rotting teeth, filled out a crowd of small landlords who had come to discuss how a rent freeze would affect them.  The zombies, it turns out, were paid actors — and not told about the nature of their performance. Many said they did not wish to be […]

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Elon Musk is taking SpaceX public and keeping almost all the power. Ryan Mac, a technology reporter for The Times, breaks down why the company’s record I.P.O. is both a big bet on Musk’s vision and a risk for investors.