“Legal extortion”: Real estate scion clings onto starving-artist rent at Soho loft

November 28, 2025 / no comments

The classic Soho loft drama begins in the 1970s with artists moving into buildings that no one else wants. Then the neighborhood gentrifies, and the artists battle real estate professionals trying to oust them from properties that have become extremely valuable. That story is playing out at 36 Greene Street, but with an ironic twist: The holdout renter, Alexander Riguardi, isn’t a peer of Patti Smith but a commercial real estate broker who arrived five years ago. The landlords seeking to oust him were the original tenants. Riguardi is the son of Peter Riguardi, JLL’s New York region chairman and […]

This article originally appeared on The Real Deal. Click here to read the full story.

Robert A.M. Stern dies at 86

November 27, 2025 / no comments

Robert A.M. Stern, the renowned architect and founder of the eponymous firm that shaped Manhattan’s luxury residential landscape, has died.  He was 86. His death followed a brief pulmonary illness, his son told the New York Times.   Stern told The Real Deal in a 2009 interview that he “announced” his intention to be an architect around the age of 14, and as a child was “busy playing with blocks, making drawings of hypothetical cities.”  He went on to earn a Bachelor’s in History from Columbia University in 1960 and a master’s degree in architecture from Yale University in 1965. […]

This article originally appeared on The Real Deal. Click here to read the full story.

NYC real estate this week: Thankful or no thanks?

November 27, 2025 / no comments

Real estate players  in and around New York are finding reasons to be thankful this holiday season. New York Attorney General Letitia James is thankful after U.S. District Judge Cameron McGowan Currie dismissed the mortgage fraud case against her on Monday. The judge ruled that the prosecutor in the case, Lindsey Halligan, was illegally appointed by the Justice Department. The case (as well as James Comey’s) was thrown out without prejudice, meaning it could be revived. The path for refiling is unclear, however, as the DOJ’s prosecutor was ruled ineligible to bring the indictments again. A federal grand jury indicted […]

This article originally appeared on The Real Deal. Click here to read the full story.