Josh Gotlib and Meyer Orbach are rapidly adding to the real estate investment trust they launched less than a year ago. This week, GO Residential REIT announced that it had agreed to acquire three multifamily properties in Manhattan.  The firm is spending $380.5 million on the collective acquisitions, including $150.5 million to acquire the Ivy Tower from Friedman Management and $230 million to buy 411 West 35th Street and 444 West 35th Street in Hudson Yards from Maddd Equities and Joy Construction, according to the Commercial Observer. Ivy Tower at 350 West 43rd Street in Midtown West will be the […]

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Steve Roth has such an iron grip on New York City real estate that no broker would dare to cross him for fear of losing a piece of Vornado Realty Trust’s lucrative business. That’s the claim made by an explosive lawsuit brought by the Korein family over a rent dispute at Penn 1, which name-checks top brokers like Darcy Stacom, Bob Knakal and dealmakers at Cushman & Wakefield, Newmark, Avison Young and Colliers. The Koreins, who own the land under Penn 1, say it’s virtually impossible to find an impartial broker to appraise the fair market value of the property […]

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The company sued the administration days after the Supreme Court ruled against the president’s duties.

He was behind the scenes with Wu-Tang Clan, the New York rap group, since its founding and helped expand its reach with a fashion line.

Changing attitudes around menopause treatment have driven up demand for hormone therapy.

The evidence is patchy on whether lower rates have meaningfully spurred more activity, as the Trump administration floats measures it says will make housing more affordable.

Douglas Elliman has picked up a co-founder of one of Connecticut’s top residential teams.   After three years at Sotheby’s International Realty, Megan Sullivan is joining Elliman as an individual agent. Sullivan co-founded the Greenwich, Connecticut-based Select Client Team, which ranked as the state’s top small team in 2024 with $137 million in sales, according to RealTrends.  Sullivan, who an Elliman spokesperson says closed over $100 million in sales last year, will be joining the brokerage’s sports and entertainment division.  Sullivan started her career as an agent at Compass in 2020 after a decade working in finance. She jumped to Sotheby’s […]

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British developer Christian Candy is dispensing one of his luxury residential sweets. An anonymous buyer purchased the townhouse at 8 East 62nd Street on the Upper East Side for $55 million, the Wall Street Journal reported. The undisclosed buyer was represented by Accent Holdings’ Michael Balanevsky. The sale of the 15,000-square-foot limestone townhouse breaks down to about $3,667 per square foot. Adam Modlin of the Modlin Group held the listing. Candy and his wife, Emily Crompton-Candy, bought the townhouse in 2022 from Somerset Partners’ Keith Rubenstein for $48 million. Rubenstein had been trying to sell the mansion for five years […]

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Top Japanese officials are backing a tech and entrepreneurship initiative led by Joichi Ito, whose involvement with Jeffrey Epstein may endanger efforts to get the project off the ground.

The founders of HateAid, a German human-rights group that helps victims of online attacks, were accused by the Trump administration of being part of a “global censorship-industrial complex.”