The Real Deal (magazine)

Last updated

The Real Deal
EditorStuart Elliott
Categories News
FrequencyDaily
Publisher Amir Korangy
Founder Amir Korangy
First issueJuly 2003 (2003-07)
CompanyKorangy Publishing
Country United States
Based in New York City
LanguageEnglish
Website therealdeal.com
OCLC 53151043

The Real Deal is a media company with a focus on New York City, South Florida and Los Angeles. The news outlet was started in 2003 by Amir Korangy, and focuses on both commercial and residential real estate. The online and print publication, which serves as a source for other periodicals, [1] was self-proclaimed "the must-read news source for real estate news," in a profile in the Los Angeles Times in 2009, [2] and "the hot sheet for NYC real estate professionals," by the New York Post .

Contents

History

Korangy's Korangy Publishing founded The Real Deal in April 2003. [2] It was Korangy's third venture into publishing, the first being the Gringo Gazette, a weekly newspaper in Baja, Mexico targeted at expatriates, [2] and the second being the Washington Free Press, a weekly tabloid in Washington, D.C. Korangy was named one of the 100 most powerful figures in New York City real estate by the New York Observer in 2009. [3] The magazine's editor-in-chief since its first year is Stuart W. Elliott, who previously worked for The New York Times. [2]

The Real Deal launched a South Florida website in February 2008, and a Los Angeles website in 2016. [4]

In 2012, The Real Deal made its first foray into filmmaking, with the documentary "Building Stories", as part of the PBS series "Treasures of New York." [5] The film focuses on the prolific architect Costas Kondylis, who has helped shape the New York skyline with 86 towers, but is relatively unknown to the general public. Examining Kondylis' work, which has received mixed reviews, the film looks at the balance between art and commerce in getting a building built in the city, and how the city gets shaped. In 2015, The Real Deal published its first book, "The Closing: Interviews with New York City's Titans of Real Estate."

Events, publications and awards

The Real Deal has hosted annual real estate forums in New York [6] for more than a decade, with some events drawing more than 4,000 people. For several years, the event was held at Lincoln Center. The events typically feature panels of industry experts and leaders who explore current trends and critical issues facing the real estate industry; in 2011, the event was instead structured as a series of debates featuring an array of real estate professionals from around New York City including Stewart Saft, Harry B. Macklowe, Adam Leitman Bailey, John Catsimatidis, Frederick Peters, Lockhart Steele, Nancy Ruddy, John Centra, Andrew Barrocas, and Faith Hope Consolo. As of 2017, The Real Deal holds regular events in New York, Miami, Los Angeles and Shanghai in China. The publication held its first ever comedy roast in February 2018.

In addition to the monthly New York magazine, The Real Deal now publishes quarterly publications in Los Angeles and Miami. It also publishes special issues once a year for the Hamptons, Long Island, New Jersey, Westchester and Fairfield counties, as well as an annual retail issue distributed each May at ICSC's Recon, the largest global event for retail real estate.

The company also publishes an annual Data Book reference guide for real estate professionals, which includes current and historical looks at the city's real estate market, divided into coverage of residential and commercial real estate, plus a section on development projects.

In early 2017, the company launched TRData, a research section that offers comprehensive biographical information on real estate professionals and companies in New York City, as well as information on properties, including new developments. The site also includes a database of completed real estate deals in the city, market reports and industry rankings. TRData also sells custom research reports. [7]

In mid-2017, TheRealDeal.com was named the website with the wealthiest audience by Quantcast, beating out sites including CNBC, Crunchbase, Nasdaq, MarketWatch, and hundreds of others. Quantcast looked at the top 500 websites in the U.S. that use Quantcast Measure, based on monthly pageviews. TRD also made the top 25 on Quantcast's list of websites with the most educated audience. Just under 80 percent of TheRealDeal.com's readers have at least an undergraduate degree. [8]

Since 2011, The Real Deal has won dozens of awards from the National Association of Real Estate Editors, the Society of Professional Journalists, the Newswomen's Club of New York and other journalism organizations. These awards range from everything to best residential/commercial magazine to best investigative work to best breaking news stories.

The Real Deal was recognized with 2 NAREE awards in 2011 and 5 NAREE awards in 2012; in 2013, it was recognized with SABEW's General Excellence award, as well as four NAREE awards in the same year; in 2014, it was awarded three NAREE awards. Throughout 2015, The Real Deal received a Newswomen's Club Front Page Award, a gold-prize NAREE award and a SABEW runner-up prize. In 2016, The Real Deal nabbed 12 NAREE awards, [9] a Deadline Club award and a financial journalism award from the NY State Society of CPAs. Most recently, in 2017, TRD was awarded a combined 14 awards from NAREE and SABEW, including one for an investigative collaboration with ProPublica.

Related Research Articles

Bruce Ratner is an American real estate developer, philanthropist, and former minority owner of the NBA's Brooklyn Nets.

Silverstein Properties, Inc. is a family held, full-service real estate development, investment and management firm based in New York City. Founded in 1957 by Chairman Larry Silverstein, the company specializes in developing, acquiring, and managing office, residential, hotel, retail, and mixed-use properties. The firm is New York City's fifth-largest commercial landlord.

Costas Kondylis was an American architect. He designed over 85 buildings in New York City, many of them for real-estate developer and later U.S. president Donald Trump, through his eponymous architectural firm.

<span class="mw-page-title-main">R. Donahue Peebles</span> African American businessman

Roy Donahue "Don" Peebles is an American millionaire, real estate entrepreneur, author, national media commentator and political leader. Peebles is the founder, chairman, and CEO of The Peebles Corporation (TPC), a privately held real estate investment and development company he established in 1983.

<span class="mw-page-title-main">Trump Park Avenue</span> Residential skyscraper in Manhattan, New York

Trump Park Avenue is a residential building on the southern border of Lenox Hill at 502 Park Avenue in Manhattan, New York City. The 32-story building was designed by Goldner and Goldner in 1929. It now contains 120 luxury condominium apartments and 8 penthouses converted by real estate developer Donald Trump.

<i>Los Angeles Business Journal</i> Weekly newspaper in Los Angeles, California

The Los Angeles Business Journal, established in 1979, is a weekly newspaper and online news source in Los Angeles, California, which provides coverage of local business news. According to the Journal's website, it has a weekly print circulation of about 24,000 and over 40,000 unique monthly website visitors. It is published each Monday.

Bankrate, LLC is a consumer financial services company based in New York City. Bankrate.com, perhaps its best-known brand, is a personal finance website. As of November 8, 2017, it became a subsidiary of Red Ventures through an acquisition.

Elie Hirschfeld is an American real estate developer, philanthropist and art collector based in New York City. He is the son of the late real estate mogul Abraham Hirschfeld.

Kathy Chu is a former Asia corporate reporter for The Wall Street Journal, and a former personal finance and consumer banking reporter for both the Wall Street Journal and USA Today. An article in USA TODAY commemorating the paper's 40th anniversary in 2022 noted Chu's 2008 work as one of the 40 highlights of the paper's existence. Most recently, Chu wrote about the crypto world and hosted broadcasts with some of the space's most colorful characters, from Tron Founder Justin Sun to "Crypto Dad" Chris Giancarlo and "Crypto Mom" Hester Peirce.

<span class="mw-page-title-main">Amir Korangy</span>

Amir R. Korangy is an Iranian-American publisher and film producer who founded the business magazine, The Real Deal, about real estate and finance news. He also produced the PBS documentary "Building Stories" about architect Costas Kondylis. Amir Korangy is also an adjunct associate professor of media and real estate at New York University.

Joseph Moinian is an American investor, real estate developer, and philanthropist. He is the founder and CEO of The Moinian Group, one of the largest privately held real-estate firms in the United States. He owns and operates more than $10 billion of real estate across the country.

Kamran Hakim is an American multibillionaire real estate businessman of Iranian Jewish descent. He is one of New York City's largest private landlords.

Jennifer Elizabeth Steinhauer is an American reporter for The New York Times who has covered the United States Congress since February 2010. She joined The Times in 1989 in New York where she was City Hall Bureau Chief and later moved to Los Angeles where she was the Los Angeles Bureau Chief.

<span class="mw-page-title-main">Izak Senbahar</span>

Izak Senbahar is an entrepreneur, hotelier, and real estate developer. He is president of Alexico Group LLC, which is involved in luxury residential and hotel development. According to The Real Deal magazine, the combined value of the company’s projects in 2014 was approximately $2 billion.

Bruce A. Menin is an American businessman. He is a managing principal of Crescent Heights, a real estate development company specializing in the development, ownership, and operation of residential and mixed-use real estate projects in the United States. Crescent Heights is based in Miami Beach, Florida, with regional offices in New York, Chicago, San Francisco and Los Angeles.

<span class="mw-page-title-main">Crescent Heights (company)</span> American real estate company

Crescent Heights, Inc, is an American real estate development company based in Miami, Florida, with offices in Chicago, New York, Los Angeles and San Francisco.

Observer Media is an American online media company. The company was formed through several acquisitions, including acquisition of The New York Observer in 2007. Observer Media is based in Lower Manhattan, New York City, and was owned by businessman Jared Kushner until 2016, when he transferred his ownership into a family trust, through which his brother-in-law Joseph Meyer took over his former role as publisher and chairman in 2017. It currently publishes the Commercial Observer and Observer. As of November 2016, Observer Media announced it would no longer print the New York Observer. The Observer site is a consolidation of several notable online properties, including The Gallerist, BetaBeat, NY Politicker, and PolitickerNJ.

<span class="mw-page-title-main">Manhattan Place</span> Residential skyscraper in Manhattan, New York

Manhattan Place is a 35-story apartment building at 630 First Avenue in the Murray Hill neighborhood of Manhattan in New York City. Opened in 1984, it was one of the city's first high-rise condominiums and the first project in the city for which Costas Kondylis received credit as the design architect.

<span class="mw-page-title-main">Figueroa Eight</span> Residential skyscraper in Los Angeles

Figueroa Eight is a 530 foot (160 m)-tall residential skyscraper in Downtown Los Angeles, California. Figueroa Eight is owned by Japanese real estate developer Mitsui Fudosan. The building broke ground in February 2020 and topped out in October 2022. Figueroa Eight is one of the tallest buildings in Los Angeles.

References

  1. ↑ C. J. Hughes (August 28, 2013). "Angry Parents Withdraw Pupils Over Elite School's Plans to Move". The New York Times . first reported on the Web site of the Real Deal
  2. 1 2 3 4 Baum, Geraldine (July 30, 2009). "In New York, the big money's in (covering) real estate". The Los Angeles Times . ISSN   0458-3035 . Retrieved January 7, 2021.
  3. ↑ "The Power 100: The Most Powerful People in New York Real Estate". Observer. June 3, 2009. Retrieved February 12, 2018.
  4. ↑ "Letter from the Publisher". The Real Deal Los Angeles. January 18, 2016. Retrieved February 12, 2018.
  5. ↑ "Treasures of New York: Building Stories". PBS .
  6. ↑ "The Real Deal Forum" . Retrieved February 26, 2019.
  7. ↑ "TRDATA Trademark - Serial Number 86864495".
  8. ↑ "Ranking Websites by Demographics | Quantcast". Quantcast. July 12, 2017. Retrieved February 12, 2018.
  9. ↑ "The Real Deal wins 12 NAREE journalism awards | Luxury Building Developments". luxurybuildingdevelopments.com. Retrieved October 22, 2018.
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.