Best & Final: All Hail King Compass...? (September 24, 2025)
Update: 2025-09-24
Description
Compass is set to acquire Anywhere Real Estate in a $10 billion all-stock deal — creating the world’s largest residential brokerage by sales volume. In New York, Brooklyn redevelopment plans are accelerating, from United American Land’s long-term assemblage to a $3.5 billion reimagining of the Brooklyn Marine Terminal. Meanwhile, SL Green eyes the Chrysler Building ground lease, Manhattan’s last casino bid collapses, distress builds in the multifamily sector, and a $1.4 billion refinancing at 11 Madison shows confidence in prime office assets.
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