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5 days ago | 
therealdeal.com | Sheridan Wall |Matthew Elo
Ryan Serhant says Compass is wagering on the “real estate model of yesterday.”The celebrity broker took aim at the residential giant at The Real Deal’s New York City Showcase + Forum on Wednesday. Joined on stage by other cast members of his Netflix reality TV show, “Owning Manhattan,” Serhant criticized the firm’s strategies, including an acquisition tear and a battle over private listings with platforms and the National Association of Realtors.
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1 week ago | 
therealdeal.com | Sheridan Wall
Manhattan’s luxury market logged another bustling week, led by inked deals for a cryptocurrency executive’s West Village quadplex and a penthouse above the Public Hotel. Buyers signed contracts for 33 homes asking $4 million or more in the borough between April 28th and May 4th, according to Olshan Realty’s weekly report. The total was up from 28 pending deals in the previous period.
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1 week ago | 
therealdeal.com | Sheridan Wall |Matthew Elo
A once-abondoned armory in Fort Greene is turning into condos. Brooklyn-based developers Hesky and Samy Brahimy filed plans in April to convert the property at 167-171 Clermont Avenue, known as the Clermont Armory. The building currently houses 110 rental units and ground-floor commercial space. The Brahimys are partnering on the project with John Frezza of the Strategic Development and Construction Corporation.
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1 week ago | 
therealdeal.com | Katherine Kallergis |Sheridan Wall
A Miami-Dade judge set the trial date for Ohad Fisherman, an alleged accomplice of Oren Alexander and his twin brother, Alon, in a sexual battery case prosecutors unveiled in December. The case is separate from the federal charges brought by the Southern District of New York against Oren, Alon and Tal. Oren is also facing a separate state sexual battery charge. Fisherman, alongside Oren and Alon, is charged in connection with an alleged attack in 2016.
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1 week ago | 
therealdeal.com | Sheridan Wall
Michael Liebowitz is pushing Douglas Elliman from bad to better. In the chief executive’s first full quarter at the helm, the firm significantly narrowed its losses and increased its revenue, buoyed by an uptick in residential deals. The company lost just $6 million in the first three months of the year, down from the nearly $42 million it lost in the same period last year.
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1 week ago | 
therealdeal.com | Sheridan Wall
Residential real estate is thinking big again. Weathered by years of a stalled housing market and high mortgage rates, brokerages, mortgage companies and other residential firms have been pushed to join forces or perish. Rocket Companies launched itself into the future of housing firms with two seismic deals announced in a matter of weeks: a $1.75 billion deal to acquire Redfin and a $9.4 billion deal for top mortgage servicer Mr. Cooper Group.
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2 weeks ago | 
therealdeal.com | Sheridan Wall
Gary Barnett’s latest eight-figure deal at Central Park Tower was a discount on a discount. The 116th floor of the Billionaires’ Row supertall closed for $46 million — down $7 million from its last asking price and nearly $20 million from the initial price listed in the developer’s offering plan, according to public records. The unit sold for $6,500 per square foot. The buyer, shielded by an anonymous limited partnership, signed a contract for the 217 West 57th Street apartment last month.
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2 weeks ago | 
therealdeal.com | Sheridan Wall
A townhouse on the Upper East Side and Frank Lloyd Wright’s former suite at the Plaza Hotel snagged the priciest contracts inked in Manhattan last week. The properties were among 28 homes asking $4 million or more to find buyers between April 21 and April 27, according to Olshan Realty’s weekly report. The total —- down from 33 in the previous period — marked a slowdown for the borough, where the number of pending deals remained high despite recent holidays and macroeconomic turbulence.
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2 weeks ago | 
therealdeal.com | Sheridan Wall
An Australian crypto company founder snagged a buyer for his West Village penthouse. Kain Warwick, the creator of the Ethereum-based platform Synthetix, signed a contract to sell his quadplex atop Shibumi Development’s 601 Washington Street, The Real Deal has learned. The condo last asked $29 million, down from the $36.5 million price tag when it hit the market in December.
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2 weeks ago | 
therealdeal.com | Sheridan Wall |Matthew Elo
The first three months of 2025 brought a bit of a shakeup to New York City’s most expensive neighborhoods. While Hudson Yards held on to the crown, Little Italy — absent from the top 50 list for nearly a year — reappeared to claim the No. 2 title on Property Shark’s quarterly report on closed sales during the period. The neighborhood nabbed a median sale price of $4.6 million across just seven deals.
