We are excited to announce the launch of our YouTube Channel. We have created an instruction video for the Income and Expense Schedule (TC201). Here is a link to the video.
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- Ruby Schron lands $500M refi for sprawling Queens apartment portfolioby Alexis Manrodt on September 26, 2019 at 11:04 pm
Ruby Schron’s Cammeby’s International Group scored a $500 million Fannie Mae loan for its nearly 3,300-unit megacomplex in Queens, according to property records. Capital One provided the refinancing, which includes a nearly $190 million multifamily mortgage. It covers hundreds of low-rise buildings and a vacant plot of land, stretched across eight tax lots surrounding the Long Island Expressway, city records show. The new financing replaced a $325 million debt package through Independence Community Bank from […]
- WeWork shedding execs and selling private jet, A-Rod makes another Manhattan buy: Daily digestby Kevin Rebong on September 26, 2019 at 9:40 pm
Every day, The Real Deal rounds up New York’s biggest real estate news, from breaking news and scoops to announcements and deals. We update this page in real time throughout the day, starting at 9 a.m. Please send any tips or deals to tips@therealdeal.com Home buyers who bought after the market crash have made billions. You read it right — a new report from Redfin shows that people who bought property in 2012, when housing prices […]
- At WeWork, family matters – and paysby Kevin Rebong on September 26, 2019 at 8:00 pm
In August 2015, Arash Gohari, co-founder of the real estate investment firm Xerxes Group, emailed friends and colleagues with some personal news.“I was approached recently by Adam Neumann of WeWork and asked to help him with the company’s expansion on the real estate side,” he wrote in the email, which was reviewed by The Real Deal. “I will have the exciting mission of helping to grow the company by finding new buildings for WeWork to […]
- The Closing: Carrie Chiangby Kevin Rebong on September 26, 2019 at 7:30 pm
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 million in exclusives. And the team closed $174 […]
- Durst Ready: Developer to launch flexible office space armby Kevin Rebong on September 26, 2019 at 7:00 pm
When the Durst Organization rejected WeWork’s bid to take 12 floors at One World Trade Center last year, the developer had an idea for its own flexible office space operation. The concept of Durst setting out on its own ultimately wasn’t the reason for giving WeWork the boot, but the embattled co-working giant did help inspire “Durst Ready,” a new flexible office space leasing arm that will launch next week. The company saw an opportunity […]
- Ruby Schron lands $500M refi for sprawling Queens apartment portfolio