Compass Under Fire in New York

New York’s AG is launching a probe into Compass, the nation’s largest residential brokerage, following its massive merger with Anywhere Real Estate — a deal that stitched together Corcoran and Coldwell Banker. With market dominance exceeding 80% in Manhattan and 60% in San Francisco, regulators are scrutinizing whether Compass’s scale stifles competition. This state-level investigation comes amid internal turbulence, including Christie’s ending its New York affiliate license, and even though the merger cleared federal antitrust hurdles, state regulators aren’t backing down. Meanwhile, the real estate scene buzzes with big moves — Ulta Beauty leases a Times Square tower for $400M, SL Green sells a Midtown office for over $300M, and developers eye massive new projects under evolving rules. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/e69758dbf03ef80d