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Month: June 2020

Tri-State brokers are busier than ever as buyers warm to suburban living

The coronavirus has dramatically reshaped the luxury real estate market in the Tri-State area, and while the pandemic upended much of the economy, industry veterans say they’ve never been as busy as they are now. While the early days ...

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  • 25 Jun
  • The Real Deal
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Small Talk: Welcome back shoppers! Everything is going to be fine!

Your friendly neighborhood retail store couldn’t be happier to welcome you back (iStock) Hi there, and thanks so much for coming to shop at Crazy Charlie’s Discount Clothing! If I seem incredibly excited to see you, it’s just because ...

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  • 25 Jun
  • The Real Deal
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LA punts on apartment vacancy tax ballot measure

Mike Bonin Los Angeles officials have backed away from a potential slugfest over whether to make an apartment vacancy tax a ballot measure in the fall election. The City Council this week voted to delay the measure — which would tax ...

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  • 25 Jun
  • The Real Deal
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Chuck E. Cheese parent, GNC file for bankruptcy

The parent company of Chuck E. Cheese and GNC Holdings have filed for bankruptcy as the toll of the coronavirus pandemic continues. (Getty) Retailer GNC Holdings and the parent company of Chuck E. Cheese have become the latest in a ...

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  • 25 Jun
  • The Real Deal
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Brutal open-house attack fractures Virginia agent’s skull

A brutal attack during an open house sent a Virginia real estate agent to the hospital with several skull fractures. (iStock) A Virginia real estate agent is facing a long recovery after a vicious attack at an open house over the ...

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  • 24 Jun
  • The Real Deal
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Simon Property Group, Brookfield might bid on J.C. Penney

Brookfield’s Ric Clark and Simon Property Group’s David Simon (Getty, iStock) Two of J.C. Penney’s landlords are trying to buy their way out of trouble. Mall owners Simon Property Group and Brookfield Property Partners are said to be ...

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  • 24 Jun
  • The Real Deal
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Unpaid bills force NYC restaurateurs and landlords to come to the table

Every day that the city is shut down is another day of bills piling up for tenants. (Illustration by Paul Dilakian) Every day that the city is more or less shut down, is another day of bills piling up for John Moloney. Moloney, who ...

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  • 24 Jun
  • The Real Deal
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Blackstone’s Stephen Schwarzman forecasts “big V” recovery

Blackstone Group CEO Steve Schwarzman (Getty) Will the economy’s recovery from the pandemic resemble a U, V or W-shape? Blackstone Group CEO Stephen Schwarzman is firmly in the V camp, according to his statements at Bloomberg Invest ...

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  • 24 Jun
  • The Real Deal
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OJO Labs, AI startup, raises $62.5M to buy listing portal

OJO co-founder & CEO John Berkowitz OJO Labs, an Austin-based startup with an AI-powered digital home-buying assistant, has raised $62.5 million in fresh capital and will acquire Movoto, a residential listings site, the company ...

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  • 24 Jun
  • The Real Deal
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William Millichap of eponymous brokerage dies at 76

William Millichap William Millichap, one of the founders of Marcus & Millichap, has died. The commercial brokerage said Millichap’s death followed a year-long battle with cancer, Commercial Observer reported. He was 76. The firm’s ...

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  • 24 Jun
  • The Real Deal
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