Rental market trends, pricing, and housing supply updates
A Miami Beach board greenlit a Live Local Act project’s mechanical car elevator, despite neighbors’ push to delay the vote. An entity tied to Russell Galbut of Miami-based Crescent Heights and Mendy Chudaitov of Lefferts, with offices in Miami and New York, plans a 15-story apartment building with 2
Work set to begin for long-awaited Vermont Ave. BRT line Steven Sharp Wed, 05/06/2026 - 06:15 After a lengthy wait, preconstruction activities are set to commence as early as next week for a bus rapid transit line running down much of Vermont Avenue.A construction notice issued by Metro indicat
New look for multifamily development at 380 S. Rosemead Blvd. in East Pasadena Steven Sharp Wed, 05/06/2026 - 06:10 Urban Architecture Lab has unveiled renderings of a new multifamily residential development set to start work later this year in unincorporated East Pasadena.The project from Legendary
Toyon Gardens affordable housing takes shape at 3127 W. 147th St. Steven Sharp Wed, 05/06/2026 - 06:05 In unincorporated El Camino Village, framing is complete for a new affordable housing complex from Brilliant Corners.Toyon Gardens, which replaces a storage lot at 3127 W. 147th Street, consi
AVONDALE — A development proposal for an Avondale lot has been scaled back over community concerns around density and traffic, though some neighbors still want to see more affordable units in the project. At a community meeting last week, local development firm Stocking Urban, in partnersh
In the News The Fight to Keep Two Historic Brooklyn Buildings for the Community [NYT] A Moth Hole Hates to See Them Coming [NYT] Tariffs, Rebates, Chaos: Boutique Businesses Wonder What’s Next [NYT] Man Behind ‘Love Rocks’ Gala Launching 50-Story Brooklyn Condo [NYP] Show Brooklyn Some Love Fest Cel
🏆 Residential: Nadim Ashi’s Fort Partners had the top residential deal to hit records. The firm sold another condo at the Seaway at The Surf Club North at 9165 Collins Avenue in Surfside for $41 million. The buyer of the 7,900-square-foot unit, a penthouse, was a trust. The transaction breaks down
A low-rise relic in South Los Angeles is poised for an all-affordable overhaul. Plans filed with the Los Angeles City Planning Department call for demolishing a 1908-built fourplex at 4061-4067 South Main Street and replacing it with a seven-story, 83-unit apartment building aimed entirely at income
There’s nothing like summer in New York City, when friends meet up to enjoy the sun in the park or on a front stoop — or, if they’re lucky, a friend’s patio. If you dream of being that friend with private outdoor space, know that it doesn’t have to come with a seven-fig
Beverly Hills Estates’ Malibu division is cranking up the dealmaking in the coastal city. The West Hollywood-based brokerage’s Malibu Estates went into contract on a Point Dume home at 29200 Larkspur Drive that’s listed for $16.5 million, or $2,586 per square foot. It also marked last week’s top Los
A Southern California Native American tribe is adding a crown jewel to its hospitality lineup. The Yuhaaviatam of San Manuel Nation is in contract to acquire the 238-room Mission Inn Hotel & Spa in downtown Riverside, the Press-Enterprise reported. Financial terms were not disclosed. The deal fo
Real estate scion Douglas Durst and his wife Susanne Durst sold a teardown in Palm Beach for $14.9 million. Records show the Dursts sold the house at 1333 North Lake Way to Austin C. Willis, the CEO of the Coconut Creek-based aerospace company Willis Lease Finance Corporation.  Margit Brandt wi
Angelina Jolie is putting a storied piece of Hollywood real estate on the market as she prepares for a life beyond Los Angeles. The Oscar winner listed her Los Feliz estate at 2000 De Mille Drive for $29.9 million, the Wall Street Journal reported. Jolie acquired the property in 2017 for $24.5 milli
An heiress to the Sedano’s Supermarkets fortune sold her Pinecrest estate for $13.4 million, The Real Deal has learned.  Magaly Santana and Ernesto Santana sold the 11,500-square-foot mansion at 10101 Southwest 60th Court. Magaly’s late father, Manuel Agustin Herrán, founded the company that no
With spring weather finally blossoming in New York City, so has the annual mural on Union Square’s 14th Street Busway. Now in its sixth year, the corridor has received a vibrant makeover, this time featuring artist Shantell Martin’s “Get Outside,” a mural encouraging viewers to reconnect with the ou
Bowery Properties bought an apartment complex for $65.5 million, as non-institutional investors gain ground in the South Florida multifamily market.  Miami-based Bowery bought the 264-unit Cascades at the Hammocks at 10605 Hammocks Boulevard in the West Kendall neighborhood in unincorporated Mi
New York is moving forward with the redevelopment of the sprawling Aqueduct Racetrack site in South Ozone Park. Gov. Kathy Hochul on Tuesday announced the start of the community engagement and planning process for 100 acres of the state-owned Queens racetrack, which will close this summer before mov
The top luxury contract in Palm Beach County this week is a waterfront spec mansion poised to shatter the Boca Raton single-family price record.  Buyers signed 25 contracts between April 27 and May 3 for luxury properties in Palm Beach County, according to a report by Douglas Elliman’s Eklund-G
A new 21-story Midtown East building combining affordable and supportive housing for unhoused women launched a lottery this week for 51 low-income apartments. Located at 225 East 25th Street, in between Grand Central and the United Nations headquarters, Willow Tree Residences has 130 residential apa
An affordable housing lottery has launched for a new 14-story development on Atlantic Avenue in East New York. The 233-unit building replaced neighborhood icon Mrs. Maxwell's Bakery and its parking lot. Included in the lottery for the project, dubbed 2700 Atlantic Avenue Apartments and located at 27
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