The Closing: Carrie Chiang

Carrie Chiang is the consummate closer. To date, she has sealed more than $6 billion in residential real estate deals. Hand-picked by Barbara Corcoran to join her eponymous brokerage more than 35 years ago, Chiang has been a perennial top producer along with her partner, Janet Wang. Last year, the duo was No. 1 on The Real Deal’s ranking of top listing agents in Manhattan, with $384 million in exclusives. And the team closed $174

source https://therealdeal.com/issues_articles/the-closing-carrie-chiang/#new_tab

Adam Neumann is leaving, but it won’t be on WeWork’s jet plane

That was fast. WeWork is selling the private plane used by Adam Neumann days after the co-founder stepped down from his post as CEO. The company bought the two-bedroom Gulfstream G650 last year for $60 million for Neumann’s use, but the purchase immediately raised concern among investors and frustrated employees, according to Business Insider. The sale comes on the heels of mounting criticism of the co-founder that led to his removal as CEO on Tuesday.

source https://therealdeal.com/national/2019/09/26/adam-neumann-is-leaving-but-it-wont-be-on-weworks-jet-plane/#new_tab

Venezuelan government looks to seize homes of Venezuelans living abroad: report

The Venezuelan government is looking to seize the homes of Venezuelans living abroad as it seeks to capitalize on the four million people who have left the impoverished country. Venezuelan leader Nicolás Maduro ordered a census this month to look at how many homes in Venezuela are empty, according to the Miami Herald. In the last two decades, the Venezuelan government has seized billions of dollars in land and other assets of private companies, the

source https://therealdeal.com/miami/2019/09/26/venezuelan-government-looks-to-seize-homes-of-venezuelans-living-abroad-report/#new_tab

3 more WeWork execs out

WeWork is clearing house. Three more executives were told Wednesday night that their tenure with the company is up, multiple sources told The Real Deal. The executives, who were seen to be aligned with former CEO Adam Neumann, include vice chairman Michael Gross, VP of Operations and special projects Zvika Shachar, and director of development Roni Bahar. They are the latest in a string of high-profile departures at WeWork in recent months, as company operations

source https://therealdeal.com/2019/09/26/3-more-wework-execs-out/

The Daily Dirt: Extell offers rent-to-buy program. Yep, you read that right.

If you build it, offer big incentives and even temporarily rent out units … maybe they will come?  Earlier this year, Gary Barnett’s Extell Development surprised many by waiving common charges at One Manhattan Square for up to 10 years. While other developers had made concessions to lure buyers in an increasingly slow market, Extell’s offer took such tactics to an entirely new level.  Now, Extell is putting another incentive on the table: a rent-to-buy

source https://therealdeal.com/2019/09/26/the-daily-dirt-extell-offers-rent-to-buy-program-yep-you-read-that-right/

Facebook in talks for massive lease at Vornado’s Farley Building

Facebook CEO Mark Zuckerberg is in talks to lease all 740,000 square feet of office space a Vornado Realty Trust’s massive redevelopment of the landmark Midtown post office building. The social media behemoth’s potential expansion into the renamed Farley Building, first reported in the New York Post, comes as other tech giants like Amazon and Google are also looking to increase their presence in the city. The former James A. Farley Post Office, which sits

source https://therealdeal.com/2019/09/26/facebook-in-talks-for-massive-lease-at-vornados-farley-building/

A-Rod makes another Manhattan buy, Hudson Yards penthouses listed for $59M: Daily digest

Every day, The Real Deal rounds up New York’s biggest real estate news, from breaking news and scoops to announcements and deals. We update this page in real time throughout the day, starting at 9 a.m. Please send any tips or deals to tips@therealdeal.com A-Rod is buying a second Manhattan apartment building. The former slugger turned real estate player is in contract to buy a 14-story brick apartment building at 340 E. 51 St., known as

source https://therealdeal.com/2019/09/26/a-rod-makes-another-manhattan-buy-hudson-yards-penthouses-listed-for-59m-daily-digest/