Watch: John Banks on the controversial construction safety bill, StreetEasy, REBNY’s RLS & more

The Real Estate Board of New York, some critics say, should be renamed “The Commercial Real Estate Board of New York,” given what they see as a one-sided devotion to causes dear to commercial developers and brokers. But John Banks doesn’t buy that. During an exclusive interview with The Real Deal’s Hiten Samtani, Banks, who’s[…]

Murder at Waterline Square: Worker fatally shot at luxury condo site

A construction foreman was fatally shot in the head Thursday morning at Waterline Square, a luxury condominium project being developed by GID Development. Police sources told the publication that the foreman was pronounced dead at the scene. He was not identified. The New York Daily News reported that supervisor was murdered by a construction worker[…]

Elliman targets Boston’s new development condo market with latest acquisition play

Douglas Elliman’s national expansion quest continues. On the heels of scooping up Teles Properties in California, the Manhattan-based firm acquired independent Boston brokerage Otis & Ahearn, the Boston Globe reported. Financial terms of the deal were not revealed, but Otis & Ahearn will continue to operate its three offices in the city and a fourth[…]

Hurricane Irma’s path of destruction won’t dampen luxury residential sales in South Florida, some brokers claim

From the South Florida website: Luxury residential brokers were sweating bullets over the possible damage a direct hit from Hurricane Irma would inflict on South Florida’s hottest single-family neighborhoods and high-rise towers. But since the historic storm tore through Florida, some industry leaders are not worried Irma will have lasting damage for the Miami residential[…]

Ranking the biggest, most profitable family firms in NYC

From the September issue: New York City has a long, storied tradition of families shaping its skyline. Family-run businesses like the LeFrak Organization, Tishman Speyer, Rudin Management and the Durst Organization are local legends, known for taking on major development projects and holding on to some of the city’s largest assets across three or more[…]