The nine years of hard work that Steele put in to build his real estate blog network paid off big time this year: Vox Media, owner of technology site The Verge, recently scooped up Curbed.com LLC for a mix of stock and cash in a deal that was reportedly worth between $20 million and $30 million. Curbed, like its sister blogs Racked and Eater, has expanded rapidly in recent years, bringing its blend of quick-witted posts on “house porn” and offbeat real estate stories to 17 local markets. Before founding Curbed, Lockhart served as the managing editor of New York-based Gawker Media, where he helped grow the editorial staff from 12 people to more than 150.
The nine years of hard work that Steele put in to build his real estate blog network paid off big time this year: Vox Media, owner of technology site The Verge, recently scooped up Curbed.com LLC for a mix of stock and cash in a deal that was reportedly worth between $20 million and $30 million. Curbed, like its sister blogs Racked and Eater, has expanded rapidly in recent years, bringing its blend of quick-witted posts on “house porn” and offbeat real estate stories to 17 local markets. Before founding Curbed, Lockhart served as the managing editor of New York-based Gawker Media, where he helped grow the editorial staff from 12 people to more than 150.