The Real Deal’s October issue is live!

September’s primary pushed Andrew Cuomo to the left, while most of the Independent Democratic Conference — six out of eight candidates — were forced out. This month’s cover package dove into what Cuomo and Letitia James — the anticipated victors of November’s election for governor and Attorney General, respectively — along with a revamped Senate, will mean[…]

The Real Deal’s September issue is live!

CoStar has a reputation for going to extremes to protect its data: From raiding a rival’s office to filing dozens of lawsuits. “With their customer base, the real estate market, going to hell, their ability to survive was in jeopardy,” said Wayne Pierce, an attorney who has represented companies sued by CoStar, including LoopNet and Field.[…]

Massey’s B6 Real Estate Advisors hires Queens pro from Cushman

Paul Massey’s B6 Real Estate Advisors has lured yet another former colleague from Massey Knakal Realty Services and Cushman & Wakefield. Tom Donovan, vice chairman at Cushman’s capital markets group, is joining B6 as a partner and vice chairman, Commercial Observer reported. In his new position, he will oversee investment sales in Queens. Donovan joined[…]

Trump says Allen Weisselberg “100 percent” didn’t betray him

President Trump doesn’t seem to be bothered by the fact that his longtime confidant was granted immunity. Trump said Allen Weisselberg, the chief financial officer of the Trump Organization, didn’t betray him when he cooperated with an investigation into Michael Cohen. “100 percent he didn’t,” Trump told Bloomberg on Thursday. “He’s a wonderful guy,” The[…]

A federal judge ordered Navillus to pay unions $76M. Here’s why the contractor is only paying $26M

In a deal that will allow Navillus to exit bankruptcy, the concrete contractor will pay less than half of the $76 million settlement that a group of construction unions won against the company last year. If its reorganization plan is approved, Navillus will pay five unions a total of $25.7 million — a significantly lower[…]

Simons Foundation to pay $1,500 psf to acquire office portion of 160 Fifth Avenue

A mathematics and science research foundation plans to buy the office portion of RFR Holdings’ 160 Fifth Avenue for roughly $185 million. The Simons Foundation is purchasing the 150,000-square-foot space in the Flatiron District building, paying $1,500 per square foot, the New York Post reported. RFR, led by Aby Rosen and Michael Fuch, will maintain[…]

The Real Deal’s August issue is live!

Everyone wants in on the real estate startup game. “I don’t think there’s a whiteboard in San Francisco or the Valley right now that doesn’t have ‘real estate tech’ written on it,” said Ryan Simonetti, co-founder of office services startup Convene. The Real Deal‘s cover story this month took a closer look at the sources[…]

City Council approves 70K sf bonus for Madison Equities’ FiDi supertall

The City Council has cleared the way for Robert Gladstone and his partners to add more than 70,000- square-feet to their proposed mixed-use residential tower at 45 Broad Street. Gladstone’s Madison Equities, along with partners Pizzarotti Group, Gemdale Properties and AMS Acquisitions, agreed to build two elevators at the J/Z Broad Street subway station in[…]