Freelance commercial real estate reporter. Mostly NYC. My pronouns are dese, dem and dose.
New York
Joined May 2011
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The anachronism of #stables on the #FarWestSide, where peeps pay $M s to live, is coming to an end. Here's a rundown of what's to be. 'If horse-drawn carriages no longer allowed, probly no longer the highest+best use of those bldgs' #realestate #NYC therealdeal.com/new-york/202…
Whatever the judge decides re #Oren, #Alon+#Tal, it won't be pleasant. If the #Alexanders get their way, each w/be behind bars for 15 years. If the prosecutors get theirs, each c/get life. #realestate #CRE #Elliman #Official #litigation #sextrafficking therealdeal.com/national/202…
Selling off $2.5B of assets always seemed overly ambitious for #SLGreen, #NYC's largest office landlord, w/has nearly $4.8B of debt. Looking like it w/come up short. 'A drag on earnings' sez boss #Holliday. #REIT #realestate #CRE #mortgage bisnow.com/news/new-york/off… via @Bisnow
W/#opfunds not acting like ops, #Blackstone sees its most risky #realestate temper its overall book. Only part of biz w/values dropped. 'W/higher rates a headwind, fundamentals a tailwind' #CRE $BX #interestrates #JonGray #WallSt #PE
bisnow.com/news/national/cap… via @Bisnow
#BankOZK, $43.2B Ozarks lender known for punching above its #realestate weight, sees deluge of payments shrink its construction book faster than it planned. Aim is to 'not take losses you don't need to take' #CRE #mortgage bisnow.com/news/national/cap… via @Bisnow
#Compass follows #AlexVidal out the door to rival #REMAX, asking court to enforce non-compete pact. #realestate #mortgage #litigation #ERARealestate #DE #Anywhere therealdeal.com/national/202…
#StephenRoss, man about #SoFla. Billionaire #realestate titan who put #RelatedCos on map+created #NYC's #HudsonYards plants flag in #WestPalm, #Boca+#Wellington. #CRE #Miami #mortgage #PalmBeachCounty #Dolphins #NFL therealdeal.com/miami/2026/1…
Post-#Anywhere merger #Compass runs afoul of 6 #MLS-es in 4 states: #CA #AZ #CO + #NC who say they don't defy #antitrust laws. Sue asking fed judge to rule in their favor. '(They) want to have their cake+eat it too' #realestate #brokerage #litigation therealdeal.com/national/202…
#MayorMamdani or not, here comes the new #350Park. #Griffin, badmouthed by the mayor, lands $3.3B construction loan alg w/#Rudin+#Vornado for new #NYC jumbo tower, Bloomberg sez behind paywall. Lenders led by #WellsFargo, #JPMC. #Citadel #hedgefunds #CRE finance.yahoo.com/real-estat…
Despite rising leverage, tenant concessions in #NYC at all-time high-$90+/sf w/more to come. 'Today's allowances buy less build-out than in '17' #realestate #Compstak #CRE #mortgage therealdeal.com/new-york/202…
Even worse than not being able to afford the pricey admission, #Adjmi+#Jacobs barred from #AmanClub after fight. Jacobs suing, claiming self-defense. '(I) w/seated at the bar, smoking a cigar+engaging no one.' #realestate #CRE #lawfirms #NYC #retail therealdeal.com/new-york/202…
Same team that powered #ParamountGroup now doing same for #Elecor now that $PGRE is no more. Armed w/financial power of #Rithm+its $100B portfolio, it gains new muscle, beating out #Blackstone, others. #realestate #CRE #NYC #SEC #Nierenberg bisnow.com/news/new-york/off… via @Bisnow
What keeps titans of #AI up at night? Are we on the cusp of radical change like the world has never seen? 'If you don't have a solution, then you need to work harder' #realestate #CRE #tech #DemisHassabis #GoogleDeepMind #AGI
#UK wsj.com/tech/ai/demis-hassab… via @WSJ
#WSJ editorial: When did God command #NYC to build #affordablehousing? At $700G/unit? Less costly way w/be to roll back 19 #rentstabilization law. #realestate #CRE #Hochul #MayorMamdani #NY #multifamily wsj.com/opinion/affordable-h… via @WSJopinion
Mystery surrounds #NYC's uppercrust #Pierre, as some of #America's wealthiest have lots of Qs re off-on again sale. $2B? 'We're still in the process of understanding' #hotel #PlazaDistrict #realestate #CRE #Khashoggi #investmentsale #mortgage #coop nypost.com/2026/10/20/real-e…
Is #SanFranciscoCentre's future as a massive #datacenter? Plans afoot to swap togs+lattes for servers+sophisticated #tech. Only a matter of time? #realestate #CRE #retail #KGGrowth #BayArea #MayorLurie #Bloomingdales #B3Investors sfchronicle.com/sf/article/d… via @sfchronicle
No matter what you read elsewhere, world's biggest #CRE brokerage, #CBRE, thinks #datacenters are huge business. Puts $1B behind its buy of
#Omnec, a #London-based co that takes care of all the technical details. #realestate #UK #tech #AI wsj.com/real-estate/commerci… via @WSJ
Even as #SanFran generates 1 eyepopping sale after another, it defies description tho 'off the rails' 'crazy' 'hysteria' 'bananas' h/been used. 'It's not crazy. Actually a rational response.' #realestate #CRE #BayArea #mortgage #Compass #AI #tech therealdeal.com/national/202…
Arguably biggest name in #CRE has trouble paying its debts. #Blackstone $1.3B #CMBS tied to #Sunbelt apts heads for #specialservicing Has been watchlisted since late 24. Maybe indicator of just how spotty Sunbelt #mulitfamily is. realestate #CRE #mortgage therealdeal.com/national/202…
#AI keeps adding to its #NYC footprint. #Databricks 2xs its sftage to 120KSF at #5Bryant+its not even #Anthropic or #OpenAI. 'This is w/the AI rubber meets the industry road.' #realestate #CRE #tech #Manhattan #mortgage nypost.com/2026/10/18/busine…
