• New foreclosure adds to Steve Croman’s $300M
debt ,
The Real Deal

    New foreclosure adds to Steve Croman’s $300M debt 

    Steve Croman is facing yet another foreclosure lawsuit, this time in Midtown East. An entity connected to Dalan Real Estate filed the suit against the notorious New York landlord. Dalan purchased a portfolio of Croman’s loans in 2024.  It’s just the latest for Croman, who is facing foreclosure suits

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  • Elliman sues Shvo, Mandarin Oriental devs over unpaid
fees ,
The Real Deal

    Elliman sues Shvo, Mandarin Oriental devs over unpaid fees 

    Michael Shvo’s Mandarin Oriental Residences is at the center of another lawsuit, this time filed by its former exclusive sales agent, Douglas Elliman.  The brokerage sued the entity behind the development of 685 Fifth Avenue, led by Shvo, alleging the developer paid Elliman just half of its fee afte

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  • What Mamdani’s first 100 days have meant for real
estate ,
The Real Deal

    What Mamdani’s first 100 days have meant for real estate 

    Standing over a giant Monopoly-like game board, Mayor Zohran Mamdani explains in a snappy video how the city decides annual rent increases for regulated apartments.  The video, posted on social media last month, shows the mayor holding up fake game pieces labeled tenants, in blue, matching his tie,

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