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Month: January 2021

Biden to extend limits on evictions, foreclosures

President Joe Biden (Getty; iStock) President Joe Biden is extending federal limits on evictions through at least the end of March. Biden is expected to move quickly to extend protections for renters, Bloomberg reported, and may sign ...

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  • 20 Jan
  • The Real Deal
  • Uncategorized
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This office redeveloper is going all in

(Photo illustration by The Real Deal) It was hard to miss the dozens of hardhats on lunch break as they poured out of a 20-story office building on Manhattan’s Far West Side. Some ducked into nearby shops, while others lined up at ...

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  • 20 Jan
  • The Real Deal
  • Uncategorized
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Gene Martinez, early Compass recruit, dies

Gene Martinez (Compass) Gene Martinez, a longtime New York City sales manager who was one of Compass’ earliest recruits, died Tuesday night. He was 60. Compass CEO Robert Reffkin informed managers of Martinez’s sudden death in an email ...

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  • 20 Jan
  • The Real Deal
  • Uncategorized
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“Organic modern” Rancho Santa Fe mansion sells for $23M

Herbert Wertheim and his Rancho Santa Fe home. (Getty, Laura Barry Luxury Estates) Billionaire optometrist and inventor Herbert Wertheim broke a record with his $23 million purchase of a 33-acre estate in Rancho Santa Fe. The deal for ...

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  • 20 Jan
  • The Real Deal
  • Uncategorized
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LA mulls using Convention Center as temporary homeless shelter

Experts warn that the pandemic will bring a surge in evictions and put more people at risk of becoming homeless. (LACC) The City Council is considering a plan to use the massive Los Angeles Convention Center in Downtown as a temporary ...

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  • 20 Jan
  • The Real Deal
  • Uncategorized
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Homebuilder sentiment falls for second month in a row

(iStock) Homebuilder sentiment fell again as 2021 got underway. The National Association of Home Builders/Wells Fargo Housing Market Index this month decreased to 83, seasonally adjusted, compared to December’s reading of 86. January’s ...

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  • 20 Jan
  • The Real Deal
  • Uncategorized
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Biden’s fair housing face-off

President-elect Joe Biden (Getty Images) For decades, New York City has offered communities an enticing deal: Approve new housing and locals will get half of the affordable units. But in 2014, the Obama administration warned the city ...

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  • 19 Jan
  • The Real Deal
  • Uncategorized
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Ivanka Trump, Jared Kushner to rent luxury condo in Miami’s Surfside

Jared Kushner and Ivanka Trump with Arte Surfside (Getty, Arte) Ivanka Trump and Jared Kushner are making moves in South Florida. President Donald Trump’s daughter and son-in-law will be renting a luxury condo at developer Alex Sapir’s ...

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  • 19 Jan
  • The Real Deal
  • Uncategorized
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Matt Damon lists Pacific Palisades mansion and heads to NY

Matt Damon and Luciana Barroso (Getty, iStock) Matt Damon and his wife have listed their Pacific Palisades mansion for $21 million, as the couple intends to move their family to New York City, where they bought a penthouse two years ...

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  • 19 Jan
  • The Real Deal
  • Uncategorized
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Zillow is now charging for rental listings

Zillow CEO Rich Barton (Illustration by The Real Deal) Against the backdrop of a booming housing market, Zillow is upping its fees for agents and for the first time will charge them to post rental listings. As of Jan. 12, the ...

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  • 19 Jan
  • The Real Deal
  • Uncategorized
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