This month in real estate history: Manhattan is devastated by a suspicious fire, demolition plans for a UES mansion pave way for landmarks preservation law … & more

From the September issue: 1776: New Yorkers set fire to southern Manhattan amid British invasion A suspicious fire devastated what is now the Financial District 241 years ago this month. The Great Fire of New York started around midnight on Sept. 20, just five days after the British military landed in Manhattan to fight in the[…]

Commercial meets residential: A marketing strategy unfolds

From TRD LA: The brokerage world was traditionally divided into two distinct tribes. Residential brokers were the aesthetes, the innovators, the people who didn’t shy away from using glamour to sell real estate. Commercial brokers, meanwhile, were the jocks and the quants, swearing by spreadsheets to land that plum leasing assignment or investment-sales deal. Never the twain[…]

National Cheat Sheet: How the GOP’s tax plan could benefit developers, home prices rise as sales slow down & more

Condo developers could benefit bigly from GOP tax reform A new tax plan proposed by secretary of the treasury Steve Mnuchin and GOP lawmakers might be a boon to Manhattan’s luxury condo developers. It calls for lowering the maximum rate paid by businesses, including many LLCs, which are taxed under the personal income rate, to 25[…]

Real estate’s top players are signing on to The Real Deal’s event in Shanghai — and you should, too

The Real Deal is gearing up for our most exciting U.S. Real Estate Showcase and Forum yet — and some of the industry’s biggest names are joining us for the ride in China. Steve Witkoff (Witkoff Group), Bruce Mosler, Nick Mastroianni (U.S. Immigration Fund), Sharif El-Gamal (Soho Properties), Bentley Zhao (New Empire Real Estate), Ryan Shear (PMG), Kobi Karp (Kobi[…]