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Written by The Real Deal

LI agents routinely discriminate against minority buyers, undercover probe finds

The bombshell probe also found that minorities had to meet more stringent financial qualifications than white buyers. (Credit: iStock) A three-year undercover investigation by Newsday found 40 percent of Long Island brokers routinely discriminate against minority buyers. Black testers experienced Read More...

Written by The Real Deal

Major WeWork layoffs to begin today

More than 4,000 people are expected to receive notice in coming weeks (Credit: iStock) More than a third of WeWork’s 12,000 employees will likely receive notice this week that they no longer have a job. The layoffs are part of Read More...

Written by The Real Deal

JVM Realty pays $89M for La Grange luxury resi complex

Uptown La Grange apartments at 31 E Ogden Ave and JVM Realty CEO James Madary (Credit: Realtor and JVM Realty) JVM Realty paid $89 million for a luxury apartment complex in La Grange, adding to its growing residential portfolio in Read More...

Written by The Real Deal

Chicago disrupts Uber co-founder’s CloudKitchens project

The site for the Cloud Kitchens at 4131 N Rockwell Street and former Uber CEO Travis Kalanick (Credit: Google Maps and Getty Images) In Chicago, the cloud kitchen remains closed, at least for now. City officials have blocked a startup Read More...