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Month: January 2021

Cushman & Wakefield, NYC cut ties to Trump Organization

Cushman & Wakefield CEO Brett White, Mayor Bill de Blasio, and Donald Trump, Eric Trump and Donald Trump Jr. (Getty) A week after Capitol Hill was stormed by a mob at the encouragement of President Donald Trump, his family real ...

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  • 13 Jan
  • The Real Deal
  • Uncategorized
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Objectionable: Beverly Hills pushes back on hotel project replacing Stinking Rose

The Stinking Rose and a rendering of the proposed hotel (Google Maps, Gilliland Architecture via Urbanize, iStock) The Beverly Hills Planning Commission is pushing back on Westland Real Estate Group’s latest proposal for a hotel at the ...

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  • 13 Jan
  • The Real Deal
  • Uncategorized
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Bainbridge launches $500M fund to buy distressed hotels

Nick Chini and Orel Hershiser are two of the parters at Bainsbridge. (Getty, LinkedIn via Nick Chini)   Bainbridge Investments has launched a $500 million fund to buy hotels at a time of continued distress in the industry, when owners ...

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  • 13 Jan
  • The Real Deal
  • Uncategorized
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Related closes Vessel after third suicide

The Vessel at Hudson Yards (Getty) Related Companies has closed the Vessel, the Thomas Heatherwick-designed sculpture at the Hudson Yards megaproject, after a third person committed suicide by jumping from the structure. The developer ...

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  • 13 Jan
  • The Real Deal
  • Uncategorized
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Airbnb says it will ban Capitol rioters ahead of inauguration

Airbnb’s Brian Chesky (Getty) Airbnb says it will ban users from its platform if they are identified as being part of the mob that stormed the Capitol last week. The home-share company announced Monday that it would use law-enforcement ...

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  • 12 Jan
  • The Real Deal
  • Uncategorized
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Prologis buys LA Greyhound station for $91M

Photo illustration of Prologis CEO Hamid Moghadam in front of the Greyhound station at 1716 E 7th St. (Getty)   Prologis has bussed itself into Downtown Los Angeles, paying $91 million to acquire the city’s Greyhound station. The ...

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  • 12 Jan
  • The Real Deal
  • Uncategorized
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A tale of two logos: Restaurants in CA, NY battle over branding

The Fat Sal’s mascots from each coast. (Fat Sal’s Deli, Fat Sal’s Bar and Grill)   Restaurateurs in recent months have filed several lawsuits to try and ease restrictions on dining that have been put in place due to the pandemic, ...

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  • 12 Jan
  • The Real Deal
  • Uncategorized
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Plotting new direction, Liam Payne sells Monte Nido compound

Liam Payne and his Monte Nido home (Getty, Redfin) One Direction’s Liam Payne is steering a new course. The singer-songwriter sold his Spanish-style compound in the Santa Monica Mountains for about $10.2 million, according to the Los ...

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  • 12 Jan
  • The Real Deal
  • Uncategorized
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Flooding caused by climate change leads to mounting real estate costs

(Getty, iStock) As intense rainfall and flooding has increased because of climate change, so too has the financial fallout from the ensuing property damage, according to a new study. The analysis, by Stanford University, found that ...

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  • 12 Jan
  • The Real Deal
  • Uncategorized
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LA County cited 150 businesses for Covid violations since Black Friday, including 6 malls

Grove owner Rick Caruso and Craig Realty’s Steven Craig with the Citadel Outlets and The Grove (Getty, Google Maps) Los Angeles County health officials have cited six malls — some of them multiple times — for violating coronavirus ...

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  • 12 Jan
  • The Real Deal
  • Uncategorized
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