Bass weighs pause of ULA Tax as wildfire recovery continues

Los Angeles Mayor Karen Bass seems to be warming up to the idea of pausing the controversial ULA Tax as the city recovers from destructive wildfires, but it is unclear how she could do it. Continue reading

With brothers locked up, Alexander family shops around Miami homes

A handful of luxury properties in Miami owned by Oren, Tal and other family members are reportedly being shopped around by Shlomy Alexander, the family patriarch and a luxury developer. Continue reading

EXp Realty real estate agent found dead near New York highway

On Friday, police confirmed the victim as 57-year-old Emmanuel Moncoeur, ABC7 reported. The New York medical examiner’s office has confirmed Moncoeur died from blunt force trauma, ruling his death a homicide. His injuries included a fractured skull. Continue reading

Angelica Parker lawsuit against Alexanders tossed on technicality

Judge Lewis A. Kaplan said the Adult Survivors Act supersedes the Victims of Gender-Motivated Violence Protection Law in her case, meaning Parker will have until Feb. 14 to amend the lawsuit. Continue reading

New York City real estate mogul Jacob Chetrit dies

Alongside his brother Juda, Jacob led the Chetrit Organization, which owned notable properties, including a 366,000-square-foot building at 1 Whitehall Street in New York’s Financial District. The duo also had major prospects underway in Pompano Beach … Continue reading

Russian billionaire’s penthouse among top Manhattan contracts

Penthouses asking $45 million and $39 million topped Manhattan luxury contracts during the week ending Nov. 17, according to Olshan Realty’s weekly luxury report. A total of 37 contracts were signed on properties priced $4 million and up. Continue reading

Infamous investor Patrick Carroll arrested in Wyoming

Multifamily investor Patrick Carroll was arrested in Wyoming this week due to a warrant issued for aggravated stalking charges in Florida. The investor was recently in Massachusetts for mental health treatment. Continue reading

Official’s co-founder split: Alleged threats and a scramble to rebrand

As Nicole Oge, Richard Jordan and Andrew Wachtfogel sought to start fresh, Oren and Tal Alexander allegedly threatened legal action if they were to be voted out of the firm, The Real Deal reported. The Alexanders deny the allegation. Continue reading

Miami investors lose another hotel to foreclosure auction

In the same week that the investment firm lost the Waldorf Astoria in Washington, D.C., to a foreclosure auction, CGI Merchant also had to let go of the Gabriel Miami Downtown in a foreclosure auction to an affiliate of Madison Realty Capital. Continue reading

More agents leave Official in wake of Alexander brothers’ departures

At least five agents based in New York and Miami have left the firm in about the last week. Previously, West Coast founding broker Tyrone McKillen had also left the Side-backed brokerage. Continue reading