• Manhattan racks up ultra-rich renters,
The Real Deal

    Manhattan racks up ultra-rich renters

    Earlier this week, former Howard Hughes CEO David Weinreb agreed to rent his West Chelsea penthouse for $177,500 a month, an eye-popping figure that followed a $95,000-a-month lease at a Naftali Group building on the Upper East Side in December. Data on trophy rentals is tough to pin down, but this

    MORE

  • 4 inconvenient facts about Mamdani’s model project,
The Real Deal

    4 inconvenient facts about Mamdani’s model project

    The groundbreaking on Wednesday for Timbale Terrace, a project by Emanuel Kokinakis’ Mega Group and Dan Kent’s Lantern Organization, was a perfect event for Mayor Zohran Mamdani to attend. It’s a model for what he wants to build: 100 percent affordable housing on city land. But is it a perfect model

    MORE

  • NYC’s top deals: Madison Realty Capital’s Joshua Zegan
scoops up $20M pad in Lenox Hill,
The Real Deal

    NYC’s top deals: Madison Realty Capital’s Joshua Zegan scoops up $20M pad in Lenox Hill

    There were 206 transactions totaling $517 million filed in New York City records in the 24 hours before 4 p.m. on Friday, Feb. 20, 2026 ? Residential: The top home sale to hit records was in Lenox Hill. EJS Development sold a sponsor unit at 200 East 75th Street for $19.8 million. The buyer was an L

    MORE