@Milajoy War in Iran, paid for by drastic cuts in Medicare and Medicaid. At least according to the boss. How do you think that's gonna go over? I only HOPE he's lying this time.
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David Levitt
18.8K posts
David Levitt
@dmlevitt
Freelance commercial real estate reporter. Mostly NYC. My pronouns are dese, dem and dose.
New York Bergabung Mayıs 2011
1.6K Mengikuti7.3K Pengikut
50+ yrs after it w/built, #9West57th still rakin' it in. Some int'l family firm, whose name w/bc known soon enough, pays record $327/sf to look down on #CentralPark. 'The price speaks for itself' #realestate #CRE #NYC #Soloviev #CBRE #mortgage commercialobserver.com/2026/04/9-west…
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Engquist: Is #NYC #realestate facing 'death by 1000 cuts?' There's a pile of regulatory mandates that may be taking a toll, particularly in #multifamily. #CRE #affordablehousing #rentstabilized #LocalLaw152 therealdeal.com/new-york/2026/…
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Are the usual suspect #brokerages old hat w/it comes to #retail? Watch out for the new generation, names like #Odyssey #RetailbyMONA #Lantern etc. These know intuitively how to thrive in the #digital age! #GoodSpace #NYC #realestate #CRE therealdeal.com/magazine/april…
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Dude can use some good news: Job creation spiked up 178K w/#unemployment held steady at 4.3%. Get ready for a #Trump victory dance. #realestate #CRE #economy #interestrates #mortgage #TheFed #finance
nytimes.com/live/2026/04/0…
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High time for storage. Demand for biggest #warehouses rebounds, w/146 leases of 500KSF bldgs+ in 25. That's up 31%+. '#Datacenter construction is starting to be a demand driver.' #realestate #CRE #industrial #logistics #Cushman #Savills wsj.com/logistics-repo… via @WSJ
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The reason nature abhors a vacuum is cuz it's chilly. 20-yr high hit in #coldstorage, as bldg boom, rising costs+weak demand take their toll. 'The industry is g/to have a tough couple of years.' #realestate #CRE #industrial #logistics #mortgage wsj.com/logistics-repo… via @WSJ
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1st they resigned #Pitino. Now #StJohns is selling its #SI campus. In serious talks to sell its scenic satellite to nearby #Wagner for $30M. 'They have an agreement+they're working twd a closing' #NYC #realestate #CRE #Queens #GrymesHill #VitoFossella nypost.com/2026/03/31/us-…
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Is the C-suite at #Extell big enough for #Barnett AND #Innovo's #AndrewChung? Chung, w/toes in #industrial #lifescience, partners w/#NYC's most ubiquitous #multifamily builder as co-CEO. #realestate #CRE #mortgage #IPG bisnow.com/new-york/news/…
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When #MayorBowser goes, w/#realestate alliance go w/her? Bisnow's exit interview w/#DC mayor, who got the #Commanders back+backed #affordable housing. 'I'm a pro-growth mayor' #realestate #CRE #TheWharf #JaneeseLewisGeorge #KenyanMcDuffie #DSA bisnow.com/washington-dc/…
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Latest thorn in #CharlesCohen's side: #foreclosure at 222E59. Personally owes $187M to #Fortress. A billionaire #realestate mogul bleeding bucks. #750Lex #NYC #realestate #CRE #mortgage #USBank #groundlease #Vornado therealdeal.com/new-york/2026/…
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Engquist: How a pair of boxers saved HowardLasher's bacon back in 93+why that's relevant today. #MayorMamdani may find that firm #NYC residency might save a few shekels amid a $5.4B deficit. #coops #condos #realestate #CRE #multifamily #tax therealdeal.com/new-york/2026/…
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Prepare to pay up in #NYC for apts converted from offices: Studios+1bdrs w/cost $3,500-5,500/mo, Larger or great spots well past $6,000. #Conversions cost a fortune: reconfiguring floorplates designed for cubicles, putting in plumbing. #multifamily #CRE nypost.com/2026/03/30/rea…
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#LA #Dem primary+#MayorBass's fate may turn on #wildfires. Recovert repeatedly surfaces in forum on local issues, as opponents #Raman #Miller #Huang take aim. #realestate #CRE #PacificPalisades #LAmayoralrace #SoCal #SenateBill79 therealdeal.com/la/2026/03/30/…
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W/#Chicago dvpr killed bc of #realestate? Still no motive in shooting of #JerryLewis, 67, who had a hand in redo of area ard #UnitedCenter. 'We had #police feet away' #CRE #ZachLewis #WestSide #MayorJohnson #Bulls #Blackhawks #1901Project chicago.suntimes.com/crime/2026/03/…
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Taking all the joy out of coming to work. Those folks filling those spaces may not be loving it. Is #AI being used to squeeze more work out? 'We're in the AI dread era' #realestate #CRE #office #mortgage #RTO #WFH wsj.com/business/how-w… via @WSJ
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#RedLobster, w/1x had 700+ locations, seeks 'greatest comeback in history,' Bloomberg sez behind paywall. Latest owner #Fortress seeks to get eaters thru the door. 'There's very little evidence of me not excelling' #realestate #retail #restaurant bloomberg.com/news/features/…
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#Canadian bacon saved as #Clarke, a co that operates ferries on the #StLawrence buys out struggling #REIT #Ravelin in deal that values REIT at $1.1B+adds 6.3MSF NA+#European offices to Clarke's portfolio. #realestate #CRE #mortgage #TSE bisnow.com/national/news/…
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504-bed #BoroPark nursing home part of $1.7B megadeal that may have involved some 45 similar #NYC-area centers. #DarylHagler's #CentersHealthCare the seller, #ChunyHerzka's #EmeraldGroup the buyer. #realestate #CRE #healthcare #Brooklyn #Lakewood #NJ therealdeal.com/new-york/2026/…
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