Cale Guthrie Weissman

1 month ago | therealdeal.com | Cale Guthrie Weissman

“Wait for me to come home,” Ed Sheeran croons in his song “Photograph.” That home is likely in Brooklyn Heights. Indeed, this past week there was a lot of major real estate news, among it was The Real Deal’s scoop that singer-songwriter Sheeran paid around $12 million to purchase a unit in the Brooklyn building he previously rented for $36,000 a month. Sheeran and his wife Cherry Seaborn paid nearly double what the unit last traded for in 2017.

1 month ago | therealdeal.com | Cale Guthrie Weissman

The private listings war continues apace. This week, StreetEasy announced that it would shut off access to programs like StreetEasy Experts, StreetEasy Concierge and Zillow Premier Agent for New York City agents found publicly-marketing listings to individual groups of clients. As Jake Indursky reported, it’s the latest development in the growing fight over private listings. Zillow, StreetEasy’s owner, has banned listings that are privately listed for more than one day.

2 months ago | therealdeal.com | Cale Guthrie Weissman

Major real estate fights are brewing in New York City. First, we have a showdown between Rialto Capital and Jeff Sutton. Earlier this week, Jeff Krasnoff’s firm filed a lawsuit seeking to foreclose on Wharton Properties’ leasehold on the retail building at 144 5th Avenue in the Flatiron District. Rialto is also seeking to enforce a bad boy guarantee over Sutton’s alleged “misappropriation or conversion of the rents” at the property.

Feb 6, 2025 | modernretail.co | Cale Guthrie Weissman

Subscribe: Apple Podcasts • Spotify Most founders are loath to compare their businesses to other companies. Not the veterinary care startup Modern Animal. “We were definitely inspired by One Medical early on,” said Steven Eidelman, founder and CEO of Modern Animal.

Feb 5, 2025 | modernretail.co | Cale Guthrie Weissman |Allison Smith

Only a few days ago, Temu was the way to buy cheap goods directly from China. The Trump administration may be changing all that. Now, when a user opens the Temu app in the U.S., nearly every product has a green sticker below its image that says “local.” This means that the item is warehoused and sourced in the U.S. It’s a very different assortment than what most people have come to expect from Temu. Before, the app showcased hundreds of items that were mostly from sellers based in China.