Rental market trends, pricing, and housing supply updates
In the News Maimonides Merger May Be Delayed by Court Approval Process [BP] Coney Escape Room Celebrates Grand Opening on Surf Avenue [BP] Bay Ridge St. Patrick’s Day Parade Draws Crowds [BP] Police Hunt Suspect in Anti-Muslim Crime in Bay Ridge [amNY] Thousands of New Yorkers Risk Losing Rent Funds
🏆 Commercial: The priciest commercial real estate deal to hit records in the tri-county region was in Miami, where an office building at 9995 Southwest 88th Street traded for $30 million. The seller was Coral Gables-based Guilford Development Group, and the buyer was an affiliate of Coral Gables-ba
In “Chicago area short nearly 225,000 affordable rental units for its poorest residents, report finds," Sun-Times reporter Abby Miller highlights a staggering reality: Our region is failing to meet the housing needs of its most vulnerable residents. While the data often centers on the city of Chicag
The $1.2 billion reconstruction of NYCHA’s Fulton, Elliott and Chelsea Houses has been touted as a win-win-win. Eighteen mid-sized NYCHA buildings that are in need of serious upgrades will be demolished and replaced with six taller towers. Each of the 2,056 residents now living in these developments
The University of California, Los Angeles has gotten the go-ahead to build a new high-rise dormitory in Westwood. The Regents of the University of California approved UCLA’s project calling for the construction of a 19-story, approximately 310,000-square-foot tower at 901 Levering Avenue, Urbanize L
The Torrance industrial market is attracting interest from tenants as buyers see the potential in the South Bay city and spend millions to own spaces. Vital Lyfe, a tech company focused on water filtration, is establishing a new Los Angeles-area headquarters in Torrance, L.A. Business First reported
Camilo Miguel Jr.’s Mast Capital and Curated JCZM Development are launching a Banyan Tree-branded condo project in West Palm Beach. Banyan Tree Residences West Palm Beach marks the brand’s first U.S project, according to a news release. Banyan Tree is a subsidiary of the Singapore-based hospitality
A secret buyer spent $52.6 million to acquire a waterfront home and the lot next door in Golden Beach, marking one of the largest residential sales to close in the town. The undisclosed buyer paid $32.5 million for the beachfront mansion at 387 Ocean Boulevard, and $22.3 million for the development
Here’s your inventory of influence for the Southern California real estate market. The editorial team at The Real Deal put a spotlight on 100 key players in each of our markets for the first annual “TRD 100.” With a vibrant cast of characters who shape Southern California real estate, it wasn’t diff
A pair of Palm Beach parcels asking a combined $36.1 million topped luxury contracts last week. Buyers signed 33 contracts between March 16 and March 22 for luxury properties in Palm Beach County, according to Douglas Elliman’s Eklund-Gomes team. The homes that went pending last week total $238.2 mi
New York City’s tourism industry generated $84.7 billion in economic impact in 2025, despite a decline in international visitors amid ongoing immigration crackdowns under the Trump administration. Mayor Zohran Mamdani and NYC Tourism + Conventions President and CEO Julie Coker released on Tuesday th
Pasadena officials sided with housing production over neighborhood resistance, clearing the way for a contentious 46-unit condominium project despite months of design complaints. On Monday, the Pasadena City Council unanimously denied an appeal against a proposed four-story development at 511 South
While high prices lock some New York City affordable housing tenants out of their luxury building’s amenities—like game rooms, gyms, co-working spaces, and lounges—some of their market-rate neighbors are getting the perks for free. The post While Affordable Housing Tenants Pay Extra for Amenities, S
Boca Raton’s developer-friendly city council has until March 31 to push through agenda items, before a slate of recently elected NIMBY representatives takes the majority. James and Marta Batmasian’s controversial two-building 12-story hotel project near Mizner Park fit into that narrow window. Boca
The building at the Sheepshead Bay Houses where police say a 16-year-old boy was fatally shot, on March 24, 2026 The shooting at the Sheepshead Bay complex happened Monday evening. [ more › ]
New York is looking to transform a parking lot in Crown Heights owned by the MTA into the neighborhood’s next residential development. The agency on Tuesday released a request for proposals seeking developers to build approximately 300 new housing units at 1119 Pacific Street, an underutilized lot u
An eight acre flex office campus located in Orange County sold for $36.3 million. Brookfield is the seller, via its earlier all-cash $5 billion acquisition of American National, and Greenlaw Partners is the buyer, property and business records reveal. Neither buyer nor seller immediately responded t
CIM Group escalated its legal war with Goodtime Hotel’s owners, filing a $149.3 million foreclosure complaint to seize the Miami Beach property. On Jan. 27, an affiliate of Los Angeles-based CIM sued an entity managed by Eric Birnbaum and Michael Fascitelli, who lead New York-based Imperial Companie
A new community space with sweeping views of New York Harbor opened Monday at the Pavilion in Battery Park City’s Wagner Park. Dubbed “The Classroom,” the 1,200-square-foot space is designed for public engagements, private rentals, catered events, and business meetings. The addition marks the latest
A defining moment among the candidates went missing during Los Angeles’s first mayoral debate held Monday evening in Downtown Los Angeles. The two Democratic Socialists of America, housing advocate Rae Chen Huang and Los Angeles City Councilmember Nithya Raman, along with entrepreneur Adam Miller, s
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