Compass’ listing fight has landed in New York City
Compass’ fight over listing rules has landed in New York City. Earlier this week, top agents with brands under the Compass International Holdings umbrella confirmed to The Real Deal that executives with the firm advised them to remove their listings from StreetEasy this month. Agents were urged to i
FARE Act proves law of conservation of money
My column Wednesday was about New York laws that make housing cheaper. I did not include the FARE Act. Why not? Affordability was surely the goal of City Council member Chi Ossé’s law, which took effect in June 2025. The measures I wrote about prevent improvements to property, which does make housin
350 Park’s $3.3B loan underscores office trophy market’s financing strength
A $3.3 billion construction loan for 350 Park Avenue is the latest sign that New York’s office market can still command enormous capital — provided the building, location and tenant lineup are nearly impossible to replicate. Vornado Realty Trust, Citadel and Rudin are moving ahead with the 2 million
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