FEATURED WORK
SINCLAIR’S BAD BET ON LOCAL SPORTS TV HAS AMAZON DIGGING IN THE BARGAIN BIN
Bloomberg Markets Magazine | February 2024
The broadcaster’s Diamond Sports Group got tripped up by cord cutting, Covid and battles with MLB over streaming, leaving an opening for the tech giant. Read more.
‘SOUTH PARK’ CREATORS IN TALKS WITH CARLYLE FOR PRIVATE LOAN
Bloomberg | October 2023
The creators of South Park are in discussions with Carlyle Group Inc. for a private loan totaling around $800 million that would be used to refinance an existing credit facility and fund a cash payout, according to people with knowledge of the matter. Read more.
INSIDE PLAYBOY’S STRUGGLE WITH NOTORIOUS INVESTOR ADAM HOCHFELDER
The Real Deal | December 2019
NAREE Best Commercial Real Estate Trade Magazine Story - Gold Winner
Adam Hochfelder pulled up to The Real Deal’s New York office in his Bentley on a mission. Prior to that Friday morning in June, the real estate investor and developer had been calling TRD’s publisher multiple times a day from a rotating cast of phone numbers, worried about reporting on his latest project. Read more.
LANDLORDS, NOT TENANTS, MUST PAY RENTAL BROKER FEES: STATE
The Real Deal | February 2020
Part of winning submission for the Society for Advancing Business Editing and Writing's general excellence award by an industry publication in 2020
I was the first to report that the Department of State released new guidance mandating that landlords, not tenants, must now pay the broker fees for real estate agents they hire to represent their interests. The rule, which was ultimately overturned in court, reversed the tenant-pays system that has long been the norm in New York City's rental market.
HOW QUARTERS’ $300M US EXPANSION ENDED IN BANKRUPTCY
The Real Deal | February 2021
Developer Dana Spain was weeks away from finishing construction on a $20 million co-living project when she learned her operating partner went out of business. Read more.
WHEN COMPASS COMES CLAWING: HOW THE FIRM’S CONTRACTS LOCK AGENTS IN
The Real Deal | February 2021
The nightmare began a year ago.
After rebuffing Compass for several years, a New York agent finally gave into temptation. “They sold the dream,” said the agent, who spoke on the condition of anonymity and said they were offered a lavish bonus and generous perks. But one year into a three-year contract, the agent, frustrated by what they saw as lack of support from the firm, wanted out. But it won’t be easy to leave. As far as the agent can tell, if they left, they’d be on the hook to Compass for $400,000. Read more.
BROKERS VIED FOR EPSTEIN LISTINGS. CAN THEY SELL THEM?
The Real Deal | July 2020
For the women abused by Jeffrey Epstein, the $110 million listing of his homes in New York and Palm Beach represents a chance for reparations. The late financier’s estate has promised the proceeds will flow into a compensation fund for his many victims and creditors.
For residential brokers, it’s the opportunity of a lifetime — one that some have been pursuing since Epstein died in jail last summer. Read more.
HOW TO VALUE A PROPERTY IN THE TIME OF COVID-19
The Real Deal | April 2020
These days, Quinn Rawh drives from property to property wearing a mask and gloves and makes sure to have documentation that explains his work is deemed essential, just in case he gets pulled over. Read more.