Ken Griffin sells Chicago penthouse half price at $11M
The Citadel CEO has been offloading his Chicago properties as he continues to separate from the Windy City and put down more roots in Miami, where he and his company relocated in recent years
by Lillian Dickerson Oct 22
Fashion Nova founder buys 2 Miami Beach homes for $30M
The acquisition includes a waterfront home at 5718 North Bay Road and a non-waterfront property at 5725 North Bay Road. Both properties were sold by Ami Shashoua
by Richelle Hammiel Oct 21
Floyd Mayweather Jr. to acquire $402M Black Spruce portfolio
The deal, one of the city’s largest this year, involves 1,000 units and more than 60 buildings across Upper Manhattan in New York City. Part of the portfolio closed Wednesday, according to reports
by Richelle Hammiel Oct 17
The cost to save NYC's birds from the threat of windows? 50% more
A bill proposed by New York City Council members would require large buildings to install bird-friendly windows by 2030, a move that could be costly for property owners, The Real Deal reported
by Richelle Hammiel Oct 14
Isaac Lustgarten leaves Official for The Corcoran Group
Luxury broker is the latest to leave embattled Official in the wake of multiple lawsuits alleging the Alexanders committed sexual assault. Lustgarten has closed more than $250M in career sales
48-agent firm joins ERA Real Estate amid luxury market boom
Home Sales Palm Beach (HSPB), a 48-agent brokerage based in Jupiter, Florida, has merged with ERA Real Estate. The group has consistently closed about $120M in annual sales
by Richelle Hammiel Oct 3
NYC favors life-science workspaces over affordable housing
Even as some specialty workspaces around the US are converted back into offices, NYC is moving forward with plans for a 2.19M square foot science park despite calls for more housing
by Richelle Hammiel Sep 10
Compass recruits Douglas Elliman agent, industry vet to Palm Beach
The real estate recruitment battle in Palm Beach has intensified as Compass welcomes industry veterans Thor Brown of Douglas Elliman and Sam Fingold, The Real Deal reported
by Richelle Hammiel Sep 3
Official's cofounder split: Alleged threats and a scramble to rebrand
As Nicole Oge and partners sought to start fresh, Tal and Oren Alexander allegedly threatened legal action if voted out of the firm, The Real Deal reported. The Alexanders deny the allegation
by Lillian Dickerson Aug 28
OpenAI leaves San Francisco HQ after Elon Musk stops paying rent
The move follows a public rift between the CEO of Tesla and the maker of ChatGPT. Musk had previously been paying rent for OpenAI's headquarters.
by Taylor Anderson Aug 27
Defiant Alexanders signal return to Official following cofounder exits
Tal and Oren Alexander are reportedly preparing a return to the public eye, now that Nicole Oge, Richard Jordan and Andrew Wachtfogel have left, despite ongoing lawsuits against the brothers
by Lillian Dickerson Aug 20
Miami investors lose another hotel to foreclosure auction
In the same week that the investment firm lost the Waldorf Astoria in Washington DC to a foreclosure auction, CGI Merchant also had to let go of the Gabriel Miami in a second auction
by Lillian Dickerson Aug 12
More agents leave Official in wake of Alexander brothers' departures
At least 5 agents based in New York and Miami have left the firm in about the last week. Previously, West Coast founding broker Tyrone McKillen had also left the Side-backed brokerage
Mar-a-Lago security crackdown blockades local luxury listings
Following last month's assassination attempt on former President Donald Trump, a 24/7 road closure is curbing direct access to a number of Palm Beach luxury listings
Mixed-use development delayed 18 months after radioactive findings
The US Navy will expand a toxic remediation project at the Hunter's Point Shipyard after radioactive findings at the site
by Richelle Hammiel Aug 5