Deconstruct

How a Summer Camp Empire Raised $200M — Then Imploded Months Later

June 15th, 2026  |  Season 5  |  19 mins 23 secs

bankruptcy court, brokerage consolidation, commercial property, commercial real estate, cre news, david shabsel, deconstruct podcast, george pino, hamptons luxury homes, hamptons real estate, helmsley building, investment news, israeli bondholders, israeli bonds, israeli capital markets, luxury gyms, luxury wellness amenities, miami real estate, michael shabsel, multifamily real estate, new york office market, new york real estate, office building sale, office distress, property market news, real estate analysis., real estate development, real estate finance, real estate headlines, real estate investing, real estate news podcast, real estate podcast, real estate trends, residential brokerage, rxr realty, summer camp bankruptcy, summer camp empire, the real deal, wellness amenities, wellness real estate

A summer camp empire that owns roughly 30 camps across the U.S. raised nearly $200 million from Israeli bondholders—and then spiraled into bankruptcy just months later. Reporter Keith Larsen joins Deconstruct to unpack one of the strangest real estate-adjacent stories of the year, including a controversial $34 million transfer, aggressive lenders, and what happens next for camp operators, investors and families.

Plus, Hannah Kramer and Lilah Burke discuss how wellness culture is transforming real estate, from Hamptons luxury homes packed with saunas and cold plunges to the rapid expansion of luxury gyms and wellness-focused retail.

They also break down RXR's effort to sell Manhattan's iconic Helmsley Building, a major brokerage shakeup involving Christie's International Real Estate affiliates, and the closely watched manslaughter trial of Miami broker George Pino.

Breaking down the Chetrit Group's challenges

May 4th, 2026  |  Season 5  |  22 mins 51 secs

billionaires, business news, costar, fraud, investing, ken griffin, mamdani, news, real estate, the real deal

From courtroom auctions to political sparring, this week’s episode unpacks the chaos surrounding the Chetrit Group's defaults and lawsuits, plus CoStar’s stumble and a high-stakes clash between NYC power players.

After a $10 million fraud, Josh Schuster's victims try to claw back their cash

April 3rd, 2026  |  Season 5  |  20 mins 52 secs

deconstruct, fraud, the real deal

In this week’s episode of Deconstruct, a podcast from The Real Deal, we examine how record Wall Street bonuses could influence New York City’s luxury real estate market. Plus: the upcoming trial of a former Vornado executive accused of fraud, foreclosure risks at Kaufman Astoria Studios, and why Palantir’s Miami headquarters announcement may not be what it seems.

A constitutional crisis in Section 8 housing

March 19th, 2026  |  Season 5  |  17 mins 4 secs

business news, fraud, housing, investing, news, real estate, rezoning, section 8, the real deal

In the latest episode of Deconstruct, a podcast by The Real Deal, hosts Lilah Burke and Hannah Kramer talk about proposals for increased property taxes, rent control, and a rezoning that could open a floodgate for New York City development. In an interview with TRD Policy Pro reporter Caroline Spivack, they dive into a debate over Section 8 vouchers, which some landlords say are unconstitutional.

Who's still buying NYC's rent stabilized buildings?

March 12th, 2026  |  Season 5  |  23 mins

business news, investing, news, real estate, rent, rezoning, the real deal

Deconstruct hosts and The Real Deal staffers Lilah Burke and Hannah Kramer give updates in the sex trafficking case against the Alexanders, political notes about tax increases and the potential rollback of an environmental law, and the battle over West Park Presbyterian church. Then, the hosts interview broker Lev Mavashev, who sells rent-stabilized multifamily buildings in New York and explains how the 2019 rent laws impacted the struggling niche.

Inside the multifamily mortgage fraud that's rattled the real estate industry

February 26th, 2026  |  Season 5  |  18 mins 41 secs

business news, fraud, investing, lending, mortgage, news, real estate, the real deal

Correspondents from The Real Deal's newsroom discuss the ongoing trial of the Alexander brothers, who face serious allegations of sexual assault and sex trafficking; the fraud case against former HFZ executive Nir Meir; the implications of high-end rental prices in New York City; and dive into a complex mortgage fraud scheme with senior reporter Keith Larsen. The episode concludes with a look at ICE's controversial plans to convert industrial sites into detention centers.

We got a rate cut. Now what?

October 7th, 2024  |  Season 4  |  17 mins 30 secs

business news, deconstruct, finance, rate cut, real estate, real estate news, the real deal

The Real Deal's Suzannah Cavanaugh and Joseph Lovinger break down what's next now that real estate's much-desired rate cut is finally here.

The Closing With CBRE's LA Head Lew Horne

April 15th, 2024  |  Season 3  |  35 mins 51 secs

business, cbre, commercial real estate, investing, lew horne, los angeles, office market, real estate, real estate news, the closing, the real deal

The Real Deal spokes to CBRE's LA head, Lew Horne, about L.A.'s transfer taxes, the city's office market, his family and career. Deconstruct is airing an extended version of this interview, which appeared in the April issue of The Real Deal's magazine. To read the interview online, head to TheRealDeal.com.

Deconstruct Live at TRD's Miami Forum: Using AI to Hack Zoning

January 8th, 2024  |  Season 3  |  23 mins 23 secs

ai, artificial intelligence, building, business, city planning, commercial real estate, construction, deepblocks, development, housing market, investing, miami, new york city, news, real estate, real estate news, rental market, the real deal, zoning

The Real Deal's podcast Deconstruct chats with Deepblocks CEO Olivia Ramos about how the firm uses artificial intelligence to create a parcel database that tells developers what they can build and where.

Deconstruct Live at The Real Deal's Miami Forum: Meet Kaizen AI

December 18th, 2023  |  Season 3  |  28 mins 33 secs

ai, artificial intelligence, business, chatgpt, commercial real estate, development, investing, kaizen ai, miami, new york city, news, real estate, real estate news, the real deal, zoning

The Real Deal chats with Jay Shah and Anuj Shah, the brains behind Kaizen AI, about using artificial intelligence in commercial development plans.