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Politics
New York
Mamdani, Trump meeting centers on Sunnyside Yard megadevelopment
Queens rail yard housing idea reaches “new level” after Mayor and President met at Gracie Mansion
Development
New York
New York’s new dev pipeline could bounce back this fall
Manhattan condos coming to market in late 2026 double from last year
Commercial
New York
Mitch Kossoff gets early prison release
Disgraced attorney approved for parole after serving a little more than 4 years
Development
Los Angeles
Does not compute: LA County bans data center development in unincorporated areas
Cities across SGV moving to block projects within city limits
Residential
National
Housing Notes: AI’s mixed messages for real estate
The sudden concern for safety appears grounded in ROI
Development
South Florida
Related Ross, Fort Partners swap West Palm Beach waterfront properties
Developers settled a lawsuit over Harbor Towers condo last year
Residential
New York
“There’s just not enough”: Declining inventory drives up competition for NYC homes
Breaking down a new StreetEasy report & Compass’ escalation in listing fight in this week’s notes from a resi reporter
Brand Studio
Behind AvantStay’s AI-powered disruption of the institutional hospitality industry
AvantStay mastered the luxury vacation rental space. Now it’s tackling hospitality
Magazine
New York
The Closing: Dina Levy
New York City’s housing commissioner on embracing debate, union organizing while on a surfboard and government communication
Mamdani, Trump meeting centers on Sunnyside Yard megadevelopment
Queens rail yard housing idea reaches “new level” after Mayor and President met at Gracie Mansion
New dev condos at the Henry, Flatiron Building crown Manhattan’s lux market
Sponsor units were priciest of 19 homes asking $4M+ to find buyers last week
Mitch Kossoff gets early prison release
Disgraced attorney approved for parole after serving a little more than 4 years
Breaking down Mamdani’s latest housing numbers
First Mayor’s Management Report shows affordable housing unit increase
Sterling Equities becomes latest LI developer to break up
Fred Wilpon, two other family members leaving firm
Stellberger Brothers’ Happier Grocery heads to Upper East Side
High-end grocer inks 21k sf lease for second NYC location
South Florida’s office market boom has a blindspot: “obsolete” suburban buildings
Empty space is most pronounced in Broward, while Miami-Dade and Palm Beach’s outdated properties are getting quickly redeveloped
Related Ross, Fort Partners swap West Palm Beach waterfront properties
Developers settled a lawsuit over Harbor Towers condo last year
Adam Neumann’s Flow buys bayfront Edgewater apartments from Blackstone’s AIR Communities
Mill Creek sold development for $713,000 per unit four years ago
Miami-Dade’s top 10 CRE sales near $1B through mid-year
Office led in total dollar amount, while industrial dominated transaction counts, followed closely by multifamily
Stewards pursues $240M stock deal for Broward County apartments
Local private credit firm signed LOIs to buy 544 units in Plantation and Pompano
TA Realty pays $105M for Wellington apartment complex as developers target Palm Beach County equestrian hub
Seller of Polo Lakes apartments was an entity connected to JPMorgan Chase
New build aims to set resi record for Dana Point with $65M ask
Home of Legacy Builders founder is city’s priciest listing
Nuveen takes haircut from pre-pandemic price on Brea office building
$28M sale lands as capital markets warm back up to OC offices
$28M is half measure for Malibu home once owned by Academy Award-winning composer
Original ask of $56M saw multiple cuts over four years on market
Decron picks up Mid-Wilshire apartments for $114M amid tight supply
Local firm paid $699K per unit for property with fully leased retail space
HVN plans more affordable apartments in Mar Vista
Irvine-based developer building income-restricted projects across LA
Beverly Hills chateau owned by Casey Kasem’s widow in contract with $16M ask
1935-built home was LA County’s top signed contract last week
“Pattern of misconduct”: Bialostozky faces another Chicago foreclosure as alleged mortgage fraud widens across multiple states
Fannie Mae and Freddie Mac intensify pursuits of nearly $44M borrowed for real estate owned or recently sold by borrower
Downtown Chicago adaptive reuse mogul Quintin Primo reportedly in talks to join Michael Reese site development team
Primo could be joining the GRIT team as they look to begin infrastructure work on the former hospital site
Rare $22M luxury suburban Chicago listing back on market with rebrand and a $6M price cut
5-acre lot in Lake Forest stands on site of demolished 269-acre estate belonging to Harold McCormick and Edith Rockefeller
Cook County hands out $191M in loans in wake of property tax payout gap
A total of 32 villages, library and school districts were awarded the funds as the county looks to stave off effects of late payments
BGRE-developed office condos at Marshall Field building up for sale
Six years after a $265M redevelopment above Macy’s Chicago flagship, the 632K sf space is expected to trade at a deep discount
7K Chicago hotel workers at nearly 50 downtown locations vote to strike
With 85 percent approval, union members could walk off the job at any time, constituting the largest strike threat since 2018
$9M Noe Valley trade marks neighborhood’s priciest resi sale of the year
Deal came in at $2M over asking, went under contract within hours of listing
Rubicon Point Partners buys Market Street apartments for $98M
SF rents approaching NYC levels as city’s median climbs
Los Altos Hills mansion nabs $17.5M as overbid trend shifts to Silicon Valley
More closings in Saratoga, Hillsborough underscore Bay Area demand
Bay Area developers pour money into Becerra’s campaign for governor
USA Prop Fund, Build Group CEO made donations, appeals court sided with landlords and more real estate news from this week
Bridge Logistics joins Fremont industrial fray with nearly 200K sf facility purchase
Silicon Valley city holds tight industrial vacancy at 2% as firms scramble for available space
Republic Urban sells Morgan Hill apartments on former fruit packing plant site
Keech Properties purchased Silicon Valley asset, obtained $29M loan
Dallas broker who stormed the Capitol doubles down on legal fight against CandysDirt.com, Ebby Halliday
Jenna Ryan, who was pardoned by Trump on Jan. 20, appealed a judge’s decision to dismiss her defamation case
Like father, like son: David Ellison considers Nashville alongside Austin as future home for Paramount
Plus, FBI opens investigation into Lurin Capital, Scott Everett lists Dallas home for $45M and more Texas real estate news
S2 Capital’s Scott Everett lists Dallas home for $45M as Capital One hunts for millions in guaranties
Everett borrowed $14M for the home built in 2025
FBI opens probe of Jon Venetos’ Lurin Capital
A number of investors have been contacted by the agency and directed to a questionnaire about their contributions
Community advocacy groups sue Austin over Dog’s Head development deal
Lawsuit targets city development agreements and tax incentives for the 2,600-acre project
Serhant launches new luxury homes development near Dallas
Windmill Estates consists of 19 luxury residences over $1M with anticipated $30M sellout
Housing Notes: AI’s mixed messages for real estate
The sudden concern for safety appears grounded in ROI
Philadelphia
Ryan Serhant wants to sell you an Atlantic City pier for $85M
Listing of Jersey Shore attraction includes critical development rights
Compass gets bigger, again
One Sotheby’s deal adds 1,300 agents to the brokerage giant’s growing footprint. Plus, Blackstone’s real estate head steps down, Streeteasy cracks down on private listings in New York and more in national real estate news this week.
AI data center boom rewriting rules for real estate debt
Surge in data center CMBS forcing investors to underwrite power, technology
HUD seeks second-in-command from within
White House taps Matt Jones as assistant secretary
BREIT nearing $1.7B CMBS loan for industrial portfolio
Wells Fargo, Goldman Sachs among co-originators of debt
KKR buys into $1.2B European industrial, retail portfolio
Company pays Realty Income $608M for minority stake
Luxury Hong Kong apartment linked to convicted Macau gambling tycoon sells
Unit repossessed, listed as foreclosure before selling for 11% off
Singapore developer grows retail hotspot holdings with $138M mall buy
Frasers Property expanding in area with latest acquisition at 30% discount
Hong Kong luxury homes sell at steep discounts as mainland market sees values vanish
Sales activity across city still increasing despite shrinking prices
World’s richest real estate baron strikes again
Zara founder Amancio Ortega buys London rental for $200M
Evergrande founder sentenced to life in prison after wide-reaching fraud scandal, company collapse
Chinese real estate giant dissolved in 2024 amid country’s ongoing real estate downturn
Chicago
Chicago’s top deals: JDL Development sells One Chicago pad for $8M
TRD reports the most important transactions for the Windy City for week ending Sept. 21, 2026
Texas
Top permits: New $60M-plus public school buildings on tap in North Texas
TRD reports on Texas’ top construction permits for the week ending Sept. 21, 2026
South Florida
South Florida’s top deals: Related Ross, Fort Partners trade West Palm properties for $20 million
TRD reports the most important transactions for Sept. 21, 2026
New York
NYC’s top deals: Gary Barnett’s Extell sells $17M pad at 50 W. 66th
TRD reports top transactions for Monday, Sept. 21, 2026
South Florida
South Florida’s top deals: Related Group sells Wynwood retail for $33M
TRD reports the most important transactions for Sept. 18, 2026
New York
NYC’s top deals: Related sells Chelsea penthouse for $28M
TRD reports top transactions for Friday, Sept. 18, 2026
Los Angeles
New build aims to set resi record for Dana Point with $65M ask
Home of Legacy Builders founder is city’s priciest listing
Los Angeles
Beverly Hills chateau owned by Casey Kasem’s widow in contract with $16M ask
1935-built home was LA County’s top signed contract last week
Texas
Serhant launches new luxury homes development near Dallas
Windmill Estates consists of 19 luxury residences over $1M with anticipated $30M sellout
South Florida
TA Realty pays $105M for Wellington apartment complex as developers target Palm Beach County equestrian hub
Seller of Polo Lakes apartments was an entity connected to JPMorgan Chase
Los Angeles
Nick, Vanessa Lachey list Tarzana home a year after buying it back amid exit from California
Husband-and-wife Netflix hosts sold mansion to Naomi Osaka in 2022 before deciding they wanted it back
San Francisco
$9M Noe Valley trade marks neighborhood’s priciest resi sale of the year
Deal came in at $2M over asking, went under contract within hours of listing
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Los Angeles
Nuveen takes haircut from pre-pandemic price on Brea office building
$28M sale lands as capital markets warm back up to OC offices
South Florida
Stewards pursues $240M stock deal for Broward County apartments
Local private credit firm signed LOIs to buy 544 units in Plantation and Pompano
San Francisco
Bridge Logistics joins Fremont industrial fray with nearly 200K sf facility purchase
Silicon Valley city holds tight industrial vacancy at 2% as firms scramble for available space
San Francisco
Republic Urban sells Morgan Hill apartments on former fruit packing plant site
Keech Properties purchased Silicon Valley asset, obtained $29M loan
Chicago
BGRE-developed office condos at Marshall Field building up for sale
Six years after a $265M redevelopment above Macy’s Chicago flagship, the 632K sf space is expected to trade at a deep discount
South Florida
TA Realty pays $105M for Wellington apartment complex as developers target Palm Beach County equestrian hub
Seller of Polo Lakes apartments was an entity connected to JPMorgan Chase
Los Angeles
HVN plans more affordable apartments in Mar Vista
Irvine-based developer building income-restricted projects across LA
New York
Sterling Equities becomes latest LI developer to break up
Fred Wilpon, two other family members leaving firm
Texas
Community advocacy groups sue Austin over Dog’s Head development deal
Lawsuit targets city development agreements and tax incentives for the 2,600-acre project
Texas
Serhant launches new luxury homes development near Dallas
Windmill Estates consists of 19 luxury residences over $1M with anticipated $30M sellout
Texas
Abbott halts environmental permits for Texas data centers
Governor ordered state commission to stop issuing permits until state environmental, power and water audits are complete
Chicago
Downtown Chicago adaptive reuse mogul Quintin Primo reportedly in talks to join Michael Reese site development team
Primo could be joining the GRIT team as they look to begin infrastructure work on the former hospital site