• 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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  • Charles Cohen’s lender withdraws foreclosure suit over White
Plains office,
The Real Deal

    Charles Cohen’s lender withdraws foreclosure suit over White Plains office

    A piece of Charles Cohen’s real estate empire has been pulled back from the edge.  The office complex at 333 Westchester Avenue in White Plains has seen its foreclosure case withdrawn after the borrower came to an agreement with the lender. The development follows Cohen and the company he leads, Coh

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