The Real Deal - New York Real Estate News

Vishaan Chakrabarti on a Manhattan real estate market without private cars

Posted: 07 Sep 2020 01:00 PM PDT

This story was originally published in July 2020. Vishaan Chakrabarti has a message for real estate developers: Think outside your own black car. The founder of Practice for Architecture and Urbanism and the dean of the UC Berkeley College of Environmental Design joined TRD‘s Hiten Samtani to discuss his proposal for a Manhattan in which private cars would be banned. Instead, all the land devoted to the private car — four Central Parks worth, by

Brooklyn’s most and least expensive neighborhoods

Posted: 07 Sep 2020 11:00 AM PDT

This story was originally published in August 2020. “Rare find,” real estate ads often say. But here’s something that truly is: data on home sale prices per square foot for an entire borough. The Real Deal delved into property records to find out which Brooklyn neighborhoods were the most and least expensive by the most fundamental measure — space. TRD’s analysis is more revealing than the more common metric of median price, which can be

The Littmus test: Veteran activist investor on his office shorting strategy

Posted: 07 Sep 2020 09:00 AM PDT

This story was originally published in August 2020. The morning of July 20 was dry and sunny, perfect for taking in the grand metropolis of New York from its most celebrated vantage point. After plowing $165 million into an extensive renovation of the Empire State Building’s observatory, Empire State Realty Trust had been forced by Covid to close it in March. With the city now coming back to life, the landlord had a lot riding

The Closing: Carrie Chiang

Posted: 07 Sep 2020 07:00 AM PDT

This story was originally published in September 2019. Carrie Chiang is the consummate closer. To date, she has sealed more than $6 billion in residential real estate deals. Hand-picked by Barbara Corcoran to join her eponymous brokerage more than 35 years ago, Chiang has been a perennial top producer along with her partner, Janet Wang. Last year, the duo was No. 1 on The Real Deal’s ranking of top listing agents in Manhattan, with $384

Here are the landlords benefiting from Amazon’s tech workforce expansion

Posted: 07 Sep 2020 05:00 AM PDT

This story was originally published in August 2020. Amazon recently announced plans to expand its tech workforce at the 660,000-square-foot Lord & Taylor building it recently bought in New York, and in five other cities across the country. Amazon has inked leases totaling about 270,000 square feet in those office buildings in Dallas, Denver, Detroit, San Diego, and Tempe, Arizona. Here is a rundown on Amazon’s landlords at those six locations: Amazon — New York