Brokerage in talks to merge with Town made under $1M over 36-month period

Mauricio Umansky and Billy Rose of the Agency From the Los Angeles website: The Agency, a Beverly Hills-based luxury brokerage in talks to merge with Town Residential, made less than $1 million in net income in the 36 months ending Dec. 31, 2014, documents obtained by The Real Deal show. The Agency posted its best […]

Scorecard: Retail tenants spooked by high rents

From the May issue: Retail leasing picked up last month in prime parts of Manhattan but still remains below the monthly average for the last year. Over the past 30 days, retailers signed leases for 232,190 square feet at 83 locations below 65th Street in Manhattan. While that’s up from earlier this year, it’s still […]