Deconstruct

A summer camp empire that owns roughly 30 camps across the U.S. raised nearly $200 million from Israeli bondholders—and then spiraled into bankruptcy just months later. Reporter Keith Larsen joins Deconstruct to unpack one of the strangest real estate-adjacent stories of the year, including a controversial $34 million transfer, aggressive lenders, and what happens next for camp operators, investor...

Artificial intelligence is already reshaping real estate — from buyers using ChatGPT to challenge brokers, to AI startups transforming the office market. On this episode of Deconstruct, Hannah Kramer and Lilah Burke break down The Real Deal's latest reporting on AI's impact on residential and commercial real estate. They discuss how buyers and sellers are using AI during negotiations, why office l...

On this week's episode of Deconstruct, Hannah Kramer and Lilah Burke break down one of the strangest real estate stories of the year: Floyd Mayweather's lawsuit against former advisor Jona Rechnitz, alleging the theft of $175 million in cash, jewelry and real estate investments. The hosts trace Mayweather's rapid expansion into New York real estate, including deals involving multifamily properties...

On this episode of Deconstruct, hosts Lilah Burke and Hannah Kramer break down how New York City’s latest budget, tax proposals, and one high-profile Upper East Side building are reshaping the city’s real estate market — from rent-stabilized apartments to ultra-luxury rentals. First, they unpack Mayor Zoran Mamdani’s executive budget, including: Why City Hall says it closed the budget gap without...

On this week’s episode of Deconstruct, hosts Hannah Kramer and Lilah Burke dive into the increasingly political world of New York City real estate. They break down the latest developments surrounding New York’s proposed Pied-à-Terre tax, including new details about how the state may determine which luxury second homes are taxed — and why the logistics could still derail the plan. The episode also...

On this episode of Deconstruct, hosts Lilah Burke and Hannah Kramer unpack the growing challenges for the Chetrit Group, longtime players in New York City real estate now dealing with lawsuits, alleged mismanagement, and mounting lender pressure. The episode takes listeners inside a tense courtroom auction tied to a $132 million judgment, offering a rare glimpse into how distress is playing out in...

This week on Deconstruct, hosts Lilah Burke and Hannah Kramer break down Governor Kathy Hochul’s controversial pied-à-terre tax proposal on luxury second homes, what it could mean for the NYC housing market, and why brokers and developers are worried. They also unpack the guilty verdict against former Vornado executive Jared Solomon in a years-long fraud scheme involving fake brokerages and stolen...

This week on Deconstruct, top luxury broker Frances Katzen joins the podcast to discuss the New York City luxury real estate market as spring selling season begins. She shares insight on inventory shortages, buyer behavior, new developments, international demand, and what both buyers and sellers should expect in the months ahead. The episode also covers major real estate headlines, including guilt...

Deconstruct breaks down the latest news on the Flatiron Building, a record lease at 9 West 57th, and a foreclosure at a car-branded condo in Miami. Plus, politics reporter Kathryn Brenzel joins the podcast to cover how new NYC Mayor Zohran Mamdani has fared in his first 100 days in office.

In this week’s episode of Deconstruct, a podcast from The Real Deal, hosts Lilah Burke and Hannah Kramer examine how record Wall Street bonuses could influence New York City’s luxury real estate market, preview the upcoming trial of a former Vornado executive accused of fraud, discusss foreclosure risks at Kaufman Astoria Studios, and why Palantir’s Miami headquarters announcement may not be what...

Compass and Zillow have been battling it out over real estate listings. The outcome could reshape how homes are marketed across the U.S. In this episode of Deconstruct, hosts Lilah Burke and Hannah Kramer talk to reporter Sheridan Wall to break down Compass’ lawsuit, which accused Zillow of anticompetitive behavior after the portal introduced a ban on privately marketed listings. At the heart of t...

In the latest episode of Deconstruct, a podcast by The Real Deal, hosts Lilah Burke and Hannah Kramer talk about proposals for increased property taxes, rent control, and a rezoning that could open a floodgate for New York City development. In an interview with TRD Policy Pro reporter Caroline Spivack, they dive into a debate over Section 8 vouchers, which some landlords say are unconstitutional.

In the latest episode of Deconstruct, hosts Lilah Burke and Hannah Kramer explain the battle to demolish a landmark church on the Upper West Side, close the loop on the verdict in the sex trafficking case against the Alexander brothers, and explain why development in Gowanus has boomed. Then, the hosts interview multifamily broker Lev Mavashev to find out who's buying New York City's devalued rent...

Oren and Tal Alexander were once among the highest echelon of luxury real estate brokers, rubbing elbows with celebrities and billionaires. For the last month we've seen them in the courthouse as they, along with Oren's twin brother Alon, stood trial on federal sex trafficking charges. TRD senior editor Ellen Cranley, who was on the team that broke the earliest allegations against the brothers in...

In this episode of Deconstruct, hosts Hannah Kramer and Lilah Burke discuss the ongoing trial of the Alexander brothers, who face serious allegations of sexual assault and sex trafficking. They also cover the fraud case against Nir Meir, the implications of high-end rental prices in New York City, and a deep dive into a complex mortgage fraud scheme affecting the market. The episode concludes with...

Deconstruct is the only podcast that brings you all the news you need to know about real estate. Now back for a fifth season, hosts Lilah Burke and Hannah Kramer will ake you inside The Real Deal's newsroom to cover the biggest issues in New York City and real estate today. In the first episode, the hosts talk with reporter Jake Indursky, who sifted through the Epstein files to find out just how b...

President-elect Donald Trump's campaign promises look to be a mixed bag for commercial real estate. Extended tax cuts would be a boon for dealmaking; tariffs could spark inflation and push the Federal Reserve to throw the cutting cycle in reverse. Deconstruct sits down with NYU Schack Institute of Real Estate Associate Dean Marc Norman and partners at Holland & Knight Joe Guay and Joel Roberso...

Matthew Mannion is auctioneer to the stars of New York City real estate. He handled the Flatiron Building's two-parter, the Times Square Margaritaville's flameout and most recently the UCC auction of Cohen Realty Enterprises' interest in a potpourri of assets. As foreclosure filings keep ticking up, Mannion shares stories from the courthouse steps and the inside scoop on how auctions get done.

Arnaud Karsenti, the head of Miami-based 13th Floor Investments, has a whopping dozen multifamily projects underway in a city set to break another record for deliveries in 2024. Does Miami have the tenants to meet that supply? Karsenti talks in-migration, demand for housing near public transit and the pros and cons of public-private partnerships at The Real Deal's South Florida Real Estate Forum.

Ranches have long been at the beating heart of Texas — first, as working plots; then, as legacy land. During the pandemic, the properties acquired a new sheen, attracting city-weary Texans and would-be cowboys willing to spend tens of millions of dollars for some peace and quiet and peace of mind. Four years later, demand has come roaring back. TRD's Joe Lovinger talks with one of the state's prol...

Election 2024 has been a wild ride for real estate. Housing stole the spotlight as an unlikely bipartisan issue, and the industry’s top donors are allotting dollars based on more than the business. As the nation readies for Tuesday’s vote, TRD Senior Reporter Kathryn Brenzel explains why an “unsexy” voter issue will drive votes, and who big names are backing.

In the latest episode of Deconstruct, TRD's Suzannah Cavanaugh finds out how loan specialists fix bad debt – or at least try to – by talking with loan workout specialists Rob Verrone and Job Warshaw of Iron Hound. Verrone works with sponsors to hash out modifications for distressed CMBS debt, and Warshaw brings perspective from the other side of the table — he spent three decades heading up negoti...

This month, two major hurricanes pummeled the southeastern U.S. As locals face the damage, the industry may be having its own reckoning with the existential threat severe weather poses to real estate. Or not. As developers respond to continued demand for high-risk real estate, and insurance premiums crush disaster-prone areas, Suzannah and Joe talk with South Florida reporters Katherine Kallergis...

In less than one cycle, New Jersey-based investor Shaya Prager went from total unknown to the owner of millions of square feet in suburban office properties across the country. Now, as the market turns, he's mixed up with allegations of fraud and at risk of losing much of his fast-grown portfolio. On the latest episode of Deconstruct, TRD's Suzannah Cavanaugh and Joe Lovinger talk with fellow repo...

In the latest episode of Deconstruct... The Federal Reserve slashed interest rates 50 basis points last month to the euphoria of commercial real estate borrowers. One cut does little to move the needle. But the Fed is projecting more cuts to come. Deconstruct breaks down how three different scenarios could affect refinancings.