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Sonder co-founder Francis Davidson, Sonder interim CEO Janice Sears, and The Moinian Group’s Joseph Moinian (Crunchbase, Moinian, Sonder)
Commercial
National

Checking out: Sonder’s sudden collapse leaves landlords, guests scrambling

Plus, Michael Shvo is accused of RICO conspiracy, Record-breaking listings hit the market in South Florida and more national real estate news this week
Satya’s Sunny Bathija, Douglas Elliman’s Emily Waldmann, Lurin's Jon and Ashley Venetos and Harwood’s Gabriel Barbier Mueller with rendering of St Regis Residences, aerial of 201 and 301 Wilcrest Drive and streetview of Harwood 1
Commercial
Texas

Texas housing market woes spread to luxury, but some segments unfazed

Plus, Jon Venetos’ multifamily distress permeates the Texas Triangle, Harwood lost another office building and more Texas real estate news this week
Jim Letchinger gears up for his largest project yet
Magazine
Chicago

Jim Letchinger gears up for his largest project yet

Can the turnaround of troubled Lincoln Yards also grease Chicago’s stalled megaproject motor?
Median Rental Changes YoY by NYC Borough
Residential
New York

FARE Act’s first year: Which borough saw the greatest rent spike?

Staten Island saw steepest jump in median rent, far outpacing rest of city.
Mayor Eric Adams with Mayor-elect Zohran Mamdani
New York

Mamdani admits housing defeat at Elizabeth Street Gardens

Hochul vows challenge to Adams squashing redevelopment opportunity
1 North Fort Lauderdale Beach Boulevard and Brookfield Properties president Linda Early
Residential
South Florida

Ritz-Carlton, Fort Lauderdale condo association files for bankruptcy

Move blocks Brookfield Properties from collecting $7.9M in financial damages
@properties Lone Star Christie’s International Real Estate’s Romeo Manzanilla and Katie Jackson, Douglas Elliman’s Jeff Burke and Clubhouse’s Justin and Alissa Shapiro
Residential
Austin

Lagging sales push luxury homes to MLS in Austin, where pocket listings are key

City among slowest luxury markets in the country, had highest ratio of buyers to sellers last month
Bravo Capital combines a small-firm feel with big-firm capital power
Brand Studio

Bravo Capital combines a small-firm feel with big-firm capital power

Jennie Enterprise and Michael Shvo 711 Fifth Avenue
Residential
New York

Shvo foes unite to accuse embattled developer of civil RICO conspiracy

Disgruntled Core Club, unit owners allege Shvo duped signors

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