The Real Deal - New York Real Estate News

The release of Christopher Nolan’s “Tenet” was expected to be a return to some semblance of pre-coronavirus normalcy for movie theaters, but the industry might have a longer road ahead than some thought. Around 68 percent of movie theaters across the U.S. were open for the film’s debut over Labor Day weekend, but it made just $9.8 million over that weekend, according to the New York Times. While there were no expectations that “Tenet” would

Former presidential candidate and billionaire Tom Steyer is selling his longtime family home in San Francisco. Steyer is asking $11 million for the 5,625-square-foot home, according to the Wall Street Journal. The home is in the pricey Pacific Heights neighborhood. Steyer bought the residence in 1990 for $1.8 million. At the time, he was leading the hedge fund he founded four years earlier, Farallon Capital, and was a partner at the private equity firm Hellman

The worldwide office market is reeling this year, but a trio of institutional investors are betting big on a massive project in Paris. And it’s made of wood. A joint venture that includes Ivanhoé Cambridge and BNP Paribas has put together a $773 million funding package for the 1.4-million-square-foot spec office development, according to Bisnow. Called The Arboretum, it would be the largest spec office development started in Paris in the last 25 years. The