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“The old guard has to be stopped.” That quote may sound like it came from a progressive politician in Albany, but it was actually from a real estate broker in Manhattan. One of our main stories this month looks at the lingering specter of discrimination in New York City co-ops. Stuart Elliott We interviewed more than 40 brokers, lawyers, co-op owners and activists, and found a consensus: Although boards have evolved, discrimination remains in many of the city’s tony co-op buildings, which cling to opaque systems of power and control in selecting who can move in. Now, a national wake-up...

Trucker cleared after Scots cyclist knocked down and killed in horror accident John Crowe was driving an HGV tipper truck when he collided with dad-to-be Stuart Elliott but has been found not guilty of causing his death by careless driving. Updated John Crowe (Image: Garry F McHarg Daily Record) Join thousands of others and get the latest Scottish crime and courts news sent straight to your inbox with our daily Criminal Record newsletter.Invalid EmailSomething went wrong, please try again later. Subscribe When you subscribe we will use the information you provide to send you these newsletters...

Jed Garfield, a top townhouse broker at Leslie J. Garfield, answers The Real Deal’s questions on the New York luxury market.

Stuart Elliott Compass brokers vomiting over clauses in their contract. The “Barney” theme song being used to torture homeless people. A SPAC-backed company being valued at 86 times its revenue. This month’s magazine shows there is a lot more going on than coronavirus and presidential politics. Our cover story looks at Compass, which has quickly become the nation’s third-largest brokerage and is about to go public. The company has touted agent retention as a key part of its rise, but less noticed are the onerous clawbacks in its contracts — where brokers have to pay back bonuses and...