Deconstruct

At the turn of the 21st century, something in New York City shifted. The city’s real estate started to change and suddenly, you had billion-dollar developments and $200 million penthouse sales. In TRD's new book, The New Kings of New York, Adam Piore tracks the biggest players behind New York City's ascent to becoming a global hub for luxury real estate and development — from Kent Swig to Har...

The Fed is expected to approve a quarter of a percentage point hike on rates, a raise that will make borrowing more expensive for homebuyers and commercial investors. And now the inflation caused by the war in Ukraine has introduced another variable to the lending puzzle. So what should borrowers expect? You'll hear from Martha Olney, a teaching professor of economics at the University of Californ...

Bankers and Wall Street employees have racked up incredible bonuses throughout the pandemic, as profits and compensation packages have soared to their highest level in a decade. Deconstruct looks at how financial workers are spending their newfound cash on real estate. You'll hear from Stan Ponte, a senior global real estate advisor and associate broker with Sotheby's International Realty, and TRD...

Over the last few years, anonymous real estate-related Twitter accounts have gained thousands of followers, offering up opinions, real estate deals, anecdotes, statistics and real estate jokes and memes. But why is Twitter such an important platform for the real estate industry? And why are some of these anonymous? We speak to two anonymous accounts, Pink Polo Shorts and Cash Flow Cowboy, about wh...

Prefabricated and manufactured homes are cropping up more and more across the U.S., as more companies look to build housing in new ways, as a way to help alleviate housing shortages, lengthy construction timelines, environmental issues, and now, supply chain issues. The Real Deal talks to a few homebuilders about the benefits and disadvantages of manufactured housing and how exactly you build a ho...

Last year, the Los Angeles Rams' new SoFi stadium in Inglewood finished construction, making it the biggest, most expensive sports stadium ever built. But how has this affected the local real estate market? Just in time for the Super Bowl, The Real Deal's Suzannah Cavanaugh looks at how a new stadium can give surrounding resi markets, the draw it creates for business and the fallout when a team de...

San Francisco has had nearly two years to recoup the residents it lost when Covid hit. Like other coastal metros, the housing market has recovered by leaps and bounds. The rental market tells another story. Reporter Suzannah Cavanaugh discusses the trends driving the city’s uneven recovery. You'll hear from Patrick Carlisle, chief market analyst for the Bay Area at Compass, Sylvia Sotomayor, a rea...

The family office managing the money of Alibaba execs Joe Tsai and Jack Ma recently purchased a condo at 220 Central Park South for around $190 million — a condo that last sold for $93 million. This extraordinary, almost 100 percent return shows how its becoming difficult to use comps as a way to compare luxury home sales across certain markets in the U.S. You'll hear from Hiten Samtani, The Real...

In November, a company called Tokens.com bought 116 parcels of land for around $1.2 million. Only that land wasn't really land. The plots are located in Decentraland — a metaverse, or online virtual world. Tokens.com is one of many firms that are buying up virtual real estate in the metaverse. But, what exactly are these firms using this land for? And is it actually real estate? The Real Deal's Is...

Elizabeth and Ethan Finkelstein are the hosts of Cheap Old Houses, a show on HGTV, and run an Instagram account under the same name, as well as a listing website called Circa Old Houses. We chatted over Zoom about why they got into the business of finding, promoting and restoring Cheap Old Houses, and how their Instagram account blew up to 1.8 million followers.

Texas, the second largest state by population in the U.S., has seen unprecedented growth over the last year. Tech firms have flocked to Austin. Homebuyers are swarming to major metros. On the heels of launching our coverage of Texas, The Real Deal looks at what's driving growth in Texas and how developers are cashing in on the action. You'll hear from Jacob Sudhoff, the CEO of Douglas Elliman Texa...

For our last episode of the year, The Real Deal's Suzannah Cavanaugh and Isabella Farr discuss whether the rebound of retail, industrial and commercial real estate will continue into 2022 with JPMorgan Chase's Kurt Stuart and excerpts from CBRE's 2022 Outlook Briefing. You'll also hear from Rhino CEO Paraag Sarva discuss how consumer-friendly tech is here to stay. Credits: CBRE's 2022 Outlook Brie...

A look back at the year that was 2021. From the $82.5 million sale of a condo at 220 Park Avenue South in New York City to buying virtual property in the metaverse to WeWork's IPO, we look at the biggest events, deals and trends across the real estate world this year.

Between the pandemic, supply chain issues, labor shortages and now, a new variant, this shopping season is somehow stranger than the last. But, as restrictions have lifted and more of the country are getting booster shots, TRD reporter Suzannah Cavanaugh looks at whether are shoppers are returning to brick-and-mortar retail this holiday season. You'll hear from Ethan Chernofsky, vice president of...

The Real Deal's Isabella Farr looks at the housing craze that has gripped the region from Westchester up to Albany as buyers have flocked there from near and far during the pandemic. You'll hear from a number of local brokers, including Sally Slater of Douglas Elliman, Nancy Felcetto-Horowitz of Brown Harris Stevens and Raj Kumar and Annabel Taylor from the Lillie K Team at Select Sotheby’s Intern...

Earlier this month, Zillow quit the iBuying business. The firm would no longer buy and sell homes. TRD reporter Erin Hudson discusses what happened and why Zillow's exit from the iBuying industry is so significant. You'll hear from Trulia co-founder Sean Black, who sold his firm to Zillow in 2015, as well as Rick Palacios Jr., who leads research at John Burns Real Estate Consulting.

After the Surfside collapse, Damac Properties submit a bid to buy the site for $120 million for redevelopment. Reporter Lidia Dinkova looks at the stalking horse bidder who is vying for the space, as well as who is supporting redevelopment and who is against it. You'll hear from Martin Langesfeld and Pablo Langesfeld, the family of Nicole Langesfeld, and her husband, Luis Sadovnic who lost their l...

Miami Beach's hottest clubs. Palm trees. Art deco buildings. TRD reporter Francisco Alvarado discusses Miami Beach's famous Ocean Drive and how the mayor and city officials are pushing for redevelopment along the strip. Mayor Dan Gelber says redevelopment and a new 2 a.m. last call for alcohol will curb partying, crime and illegal activity. Others, like Mangoes owner David Wallack, say it'll just...

The first episode of a three-part series focused on South Florida. In this week's episode, we look at the Surfside condo collapse four months after the disaster. TRD reporter Suzannah Cavanaugh speaks with South Florida reporter Katherine Kallergis on the potential causes of the fall, the players being held accountable and how the catastrophe shook the region’s real estate market. You'll also hear...

As baby boomers are aging in senior living, developers and investors have shifted gears to meet their needs. TRD reporter Suzannah Cavanaugh discusses how the pandemic hijacked development and whether these ultra-luxe communities are pulling the demand they expected. You'll hear from Rocco Bertini, the executive director at The Watermark at Brooklyn Heights and Watermark's chief investment officer...

Open spaces, greenery and no more rows of cubicles are just a few design trends that have emerged from the pandemic. On Deconstruct, top architects Jonathan Marvel of New York-based Marvel and Bernardo Fort-Brescia of Miami-based Arquitectonica talk about these design trends, why they're so excited about open space, as well as how architecture firms have fared during the pandemic. You’ll also hear...

Street vendors, including hot dog carts and art sellers, were hit hard during the pandemic. But are they starting to recover now? TRD’s Sasha Jones talks to two vendors about their businesses, along with Dan Biederman, the head of 34th Street Partnership, about how the real estate industry has clashed with vendors over the years. You’ll also hear John Rennie Short, a professor of public policy at...

To anyone looking for an apartment in New York City, you unfortunately probably won’t be able to find a sweet deal with three months of free rent anymore. We break down what’s happening in the New York City rental market right now and what’s expected through the end of 2021. TRD speaks to Heather Moore, Greystar’s head of property management in New York, Adrian Savino, the director of leasing at L...

How does a star broker sell a $65 million home? On this week's episode of Deconstruct, Compass broker Aaron Kirman takes TRD's Isabella Farr on a tour of 1108 Wallace Ridge, a 19,000-square-foot spec home in Beverly Hills currently on the market for $65 million.

Over the past few years, institutional firms have spent billions on acquiring and developing single-family rental homes. But what's the attraction? On this week's episode of Deconstruct, TRD speaks to Ed Coulson, a professor at UC Irvine's Center for Real Estate, and Josh Migdal, a real estate attorney in Miami, to discuss why firms like Blackstone, Invesco and JPMorgan like single-family rentals...