Sweetgreen Founders

Claire Esparros/Homepolish

Sweetgreen — the salad spot with a cult following for its fresh, seasonal, and locally-sourced meals — has grown considerably over the past six years. Armed with $75.5 million in venture capital and 43 salad chains all over the US, it doesn t look like it ll be slowing down anytime soon.

Sweetgreen s plans to rapidly expand its presence in New York City led two of its three cofounders to set up an official home base in Manhattan. Here is a look inside.

Jon Neman and Nathaniel Ru — who already have homes in Washington, DC and Los Angeles — chose a bright, cheerfu爱上海 爱上海同城手机版l SoHo loft to stay in when they re visiting New York on business.

To help design their new home, Neman and Ru called on Homepolish, a startup that has designed spaces for other startups and homeowners.

Homepolish founder Noa Santos designed the space, drawing inspiration from pieces Neman and Ru already owned. The living room rug was from Jon s family, and it served as a starting point for the living room color palette, Santos told Business Insider.

Claire Esparros/Homepolish

Santos wanted to create a dining area that felt separated from the living room — a challenge given the open floor plan.

Claire Esparros/Homepolish

To Santos, the vibe the of the apartment is California meets Lower East Side.

Claire Esparros/Homepolish

Jon and Nate wanted a home that felt clean and modern in keeping with the style of the loft itself, but not lacking in warmth, Santos said.

Claire Esparros/Homepolish

Sweetgreen[……]

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Airbnb NYC

Commercial units make up a third of Airbnb hosts revenue: report Profit motive could push startup to focus more on “commercial units”

Map of Airbnb listings (credit: Inside Airbnb)

While commercial listings on Airbnb make up a tiny sliver of the total units available, they do account for an outsized portion of profits – and that could motivate the controversial startup to focus more on those commercial listings as it grows.

Commercial li阿爱上海同城 阿拉爱上海同城stings or units that are rented at least 180 days a year make up 8 percent of the more than 30,000 units listed on Airbnb in New York City, according to an analysis by the data blog FiveThirtyEight.

But those listings 上海千花网论坛 上海千花网make up 32.5 percent of the $384 million爱上海同城对对碰 爱上海同城论坛 in revenue the San Francisco-based company pulled in between June 2015 and May 2016, the website reported.

As Airbnb looks to grow, the profit motive could push it to focus more on these listings as investors, such as large national real estate firms, jump on board.

“Landlords might see it as a better option in the market than conventional renting,” said George McCarthy, president of think tank the Lincoln Institute of Land Policy. “I’m not convinced it’s that big a deal yet, but the growth rate would be of concern.”

Tenants at Equity Residential’s 259-unit rental building at 400 West 37th Street sued their landlord earlier this month, claiming the company was running the building as a de-facto hotel through Airbnb.

The jury is still out on Airbnb’s effect on rents.  The c[……]

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Donald Trump Wall Street

How Trump could shake up real estate finance President-elect plans to ditch Dodd-Frank, ramp up federal spending

At his campaign rallies, Donald Trump presented himself as an anti-establishment populist looking to rein in Wall Street’s gross excesses. But when he stepped in front of a crowd of finance and business big shots at the New York Economic Club on Sept. 15 to outline his economic policy, he showed a completely different face. “One of the keys to unlocking growth is scaling-back years of disastrous regulations unilaterally imposed by our out-of-control bureaucracy,” he said.

Bank stocks surged the day after he won the presidential election. And with good reason despite his populist talk, Trump has given strong indications that he plans to deregulate Wall Street.

His plans could transform real estate finance. For the past eight years, the sector has grown accustomed to an environment of low interest rates and increasing bank regulations. That age could soon be over. Trump has already declared his intention to dismantle the Dodd-Frank laws enacted in the wake of the 2008 financial crisis. He ll also get the opportunity to appoint a new chair of the Securities and Exchange Commission. And his planned debt-financed fiscal spending spree – assuming it makes it past budget hawks in Congress – could well push up inflation and interest rates.

“I think it’s fair to say that the economic narrative has changed,” the Blackstone Group’s head of real estate, Jonathan Gray, said at a c[……]

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Hamptons Real Estate

Hamptons Cheat Sheet: TRD digs into the Hamptons biggest commercial projects, AmEx gets kicked out of Grey Gardens more

Groundbreaking of Ha上海夜网 阿爱上海同城mpton Business Park at 200 Rogers Way and Grey Gardens at 3 West End Road

What are the Hamptons’ biggest commercial projects?
The Hamptons may be traditionally wary of development, but that hasn’t kept dogged developers away. In The Real Deal’s roundup of the most anticipated projects of the Hamptons, Rechler Equity Partners’ $100 million Hampton Business Park in Westhampton takes the cake. When complete, the campus will include nine buildings totaling 440,000 square feet of commercial and industrial space. Meanwhile in Southampton, developer Renaissance Downtowns wants to revitalize the neighborhood of Riverside with a 2,267-unit housing project with nearly 200,000 square feet of commercial and retail space. Check out TRD’s ful上海千花网交友 上海千花网论坛l list here. [TRD]

Leave home without it: AmEx is not welcome at Grey Gardens, East Hampton officials say
Well, that was fast. Barely a week after news broke that American Express was leasing Grey Gardens for the summer, the credit card company got the boot from village officials. East Hampton’s zoning code does not allow private residences to be used for commercial purposes, a village administrator told the New York Post. Officials first heard of the problem from a newspaper ad for AmEx’s first event at the famed estate owned by Washi上海龙凤论坛 新上海贵族宝贝论坛ngton Post reporter Sally Quinn. [NYP]

Home of late literary agent[……]

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Shiva Rajaraman

WeWork hires former Apple exec to manage $20B startup s softwar上海千花网 爱上海同城对对碰e Shiva Rajaraman also had stints at YouTube and Spotify

Shiva Rajaraman

WeWork hired former Apple, Google and Spotify executive Shiva Rajaraman to oversee its customer app and other software as chief product officer.

Rajaraman joins the co-working company after less than half a year at Apple, where he worked on video strategy. At WeWork, Rajaraman will work 上海同城对对碰交友社区 上海夜网论坛on adding new feature to the app, which allows WeWork’s members to interact with each other and book rooms, among other t爱上海同城手机版 新爱上海同城对对碰论坛hings. He is also tasked with developing new software tools to analyze members’ use of space, the Information reported.

Rajaraman previously served as vice president of product at Spotify and spent eight years at Youtube.

WeWork’s current 上海千花网 爱上海同城对对碰chief product officer, David Fano, is now received the title of chief product growth officer and will oversee physical products, sales and marketing.

Although its core business is selling office space, WeWork has advertised itself as a tech company, which helped it raise more than $4 billion from investors. It s valued at over $20 billion.

The appointment follows a series of leadership shuffles as the firms tries to get into a more corporate shape ahead of a rumored IPO. [The Information] Konrad Putzier

Tags: Co-working NYC, Commercial Real Estate, Tech, wework
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Ryan Serhant

WATCH: Ryan Serhant on running a company within a company and what brokers are doing wrong Nest Seekers broker says the brokerage model “doesn’t matter anymore”

With a team of many, a stockpile of Instagram followers and a brand unto himself, does Ryan Serhant really need Nest Seekers International anymore?

Nes上海夜网 阿爱上海同城t Seekers has always been great to me, and they always will be, Serhant said阿拉爱上海同城 爱上海龙凤419桑拿 during a recent interview with The Real Deal s Hiten Samtani.  I have a situation that I wouldn t be able to have anywhere else I新爱上海同城对对碰论坛 上海同城对对碰交友社区 basically run a company within a company.

Serhant credited Nest Seekers founder Eddie Shapiro and the firm s corporate team with his ability to run an indep阿爱上海同城 阿拉爱上海同城endent operation.

[They] understand that the brokerage model has changed, Serhant said. Brokers needs to have their individual brands and run their individual companies. You can t put caps on team sizes or caps on expenses or listings.

To see Serhant talk上海千花社区 上海千花网交友 more about being cultivating his own brand, what brokers in the luxury space are doing wrong and more, watch the video above. See the full interview here.

Produced by Jhila Farzaneh and Kerry Barger. Interview conducted by Hiten Samtani.

Tags: eddie shapiro, Nest Seekers International, Residential Real Estate, ryan serhant, Videos
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In Q3, Fairfield County homes were pricier and selling 30 percent faster than they had in 2017

In Q3, Fairfield County homes were pricier and selling 30 percent faster than they had in 2017

While the median home prices ticked up only 3.7 percent year-over-year, the stock in Fairfield county is selling over 30 percent faster than it did in 2017, according to a Douglas Elliman report. While in the third quarter of 2017, listings sat on the market for an average of 119 days, this year they were on the market for an average of only 82 days. In Stamford, both homes上海千花网 爱上海同城对对碰 and condos were listed for on上海贵族宝贝论坛 上海贵族宝贝ly about 70 days before selling, the report found. And the median home pr上海龙凤论坛sh1f 上海龙凤论坛ice increase to $425,000 marked the sixth time in the past seven consecutive quarters in which prices for Fairfield county homes increased. [Douglas Elliman新上海贵族宝贝论坛 上海贵族宝贝交流区]

Tags: Westchester Fairfield
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WeWork ARK

WeWork launches new investment fund, plans first ground-up development “ARK” nears deal for Frank M上海龙凤论坛 新上海贵族宝贝论坛cCourt’s Waller Creek site in Austin, Texas

Wendy Silverstein and Adam Neumann with an aerial rendering of the Waller Creek development site (Credit: Getty Images and Waller Creek)

WeWork launched a new real estate investment fund and is close to buying a massive development site in Austin, Texas, according to sources familiar with the matter.

The private fund, dubbed ARK, will be sponsored by WeWork and managed independently from WeWork Property Advisors, an investment vehicle the co-working company has been running in partnership with private equity firm Rhone Group. WeWork hired former New York REIT CEO Wendy Silverstein as ARK’s chief investment officer.

ARK is close to a deal to buy the 4.4-acre Waller Creek development site in Austin, Texas, from Frank McCourt’s McCourt Global, sources told The Real Deal. It wasn’t immediately clear what ARK is paying or whether it has any partners in the deal.

Real Estate Alert reported in July that the site, which includes two parcels, is value爱上海 爱上海同城手机版d at $150 million. McCourt planned to build a 3-million-square-foot, $1 billion mixed-use development on the downtown site and were on the hunt for a partner over the summer, according to the publication.

The deal would mark WeWork’s first acquisition of a major ground-up development site. The company has signed on as an anchor tenant at projects in the past, including Boston Properties and R[……]

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Miami Record Home Sales

Indian Creek mansion sells for $50M, marking new Miami record Buyer shares the name of a trust managed by Qatari businessman A上海贵族宝贝 上海千花网龙凤论坛bdulhadi Mana Al-Hajri

3 Indian Creek Island Road

UPDATED, Feb. 6, 5:30 p.m.: A waterfront mansion on the exclusive Indian C上海千花网 爱上海同城对对碰reek Island sold for $49.9 million, setting a new record for single-family home sales in Miami.

Propert爱上海同城手机版 新爱上海同城对对碰论坛y records show AVK Land Holding LLC, managed by Russian attorney Andrey M. Kaydin, sold the 10-bedroom, 14-bathroom home at 3 Indian Creek Island Road to Angouleme Holdings II Limited Land Trust, which could be the same trust as one managed by Qatari businessman Abdulhadi Mana Al-Hajri.

3 Indian Creek Island Road

The nearly $50 million deal shatters a previous record for single-family home sales in Miami-Dade County, held by the same property when it sold in 2012 for $47 million.

The most expensive residential sale is still the $60 million sale of two units at Faena House, which billionaire hedge funder Ken Griffin purchased in 2015 and is now looking to sell.

The Indian Creek home features a 3D theater, recording爱上海同城手机版 新爱上海同城对对碰论坛 studio, vertical garden and indoor reflecting pools, rooftop bar and Jacuzzi, a 100-foot pool and cabana, six wet bars and an outdoor beach area with pink sand imported from the Bahamas, according to a release from Douglas Elliman. The mansion has nearly 23,000 square feet of indoor space, and other terraces that bring the actual square footage up to 30,000 square feet. It was built on an 80,000[……]

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