National December 2021 Issue


KKR looks to flex its real estate muscle

There’s a particular kind of “New York is back, baby!” vibe to the Edge, the observation deck at Hudson Yards where thrill-seekers can dangle from the tip of a skyscraper 1,131 feet above the city’s new power center.  The notion that plenty of people are willing to pay nearly $200 a pop to shake off their pandemic funk via self-inflicted vertigo is what KKR & Co. was betting on when… [more]

Boxed out: Supply chain, energy crises rock real estate
National

Boxed out: Supply chain, energy crises rock real estate

With huge heating bills looming, Valentina Gojcaj moved quickly to lock in energy rates and keep her tenants warm...

Boxed out: Supply chain, energy crises rock real estate
KKR looks to flex its real estate muscle
National

KKR looks to flex its real estate muscle

There’s a particular kind of “New York is back, baby!” vibe to the Edge, the observation deck at Hudson Yards where thrill-seekers can dangle from the tip of a skyscraper 1,131 feet above the...

KKR looks to flex its real estate muscle
Year of the ‘Revenge Traveler’
National

Year of the ‘Revenge Traveler’

Alison Aplin cashed in air miles from pandemic-punctured trips to Hawaii and London for a Thanksgiving break in Los Cabos, her third vacation in as many months. The all-inclusive resort stay follows a trip...

Year of the ‘Revenge Traveler’
How Haight-Ashbury got through the pandemic
San Francisco

How Haight-Ashbury got through the pandemic

The Haight-Ashbury neighborhood in San Francisco may be the only place on the planet where someone named Sunshine Powers, who calls herself the “Queen of Haight Street and all that sparkles,” could be the...

How Haight-Ashbury got through the pandemic
Can universal housing vouchers ever come to the US?
National

Can universal housing vouchers ever come to the US?

When then-presidential candidate Joe Biden pitched expanding the nation’s housing voucher program to 11 million people, the proposal garnered...

Can universal housing vouchers ever come to the US?
South Florida real estate braces for flood insurance hikes
Miami

South Florida real estate braces for flood insurance hikes

The last time the federal government overhauled its flood insurance program, Richard Nixon was president and Pink Floyd’s “The...

South Florida real estate braces for flood insurance hikes
Higher ground
Miami

Higher ground

For 40 years, Louis Rosemond lived in Miami’s Little Haiti neighborhood, feeling like he was in his native Port-au-Prince. “We have the same restaurants as in Haiti, the same barbershops, the same rara,” said...

Higher ground
CoStar CEO Andy Florance
National

CoStar comes home to play

For CoStar, 2021 has been a wild ride. The commercial real estate data giant kicked off the year by aggressively pursuing, then abandoning, a bid to acquire residential property intelligence firm CoreLogic for over...

CoStar comes home to play
Finding Forrester
National

Can John Forrester take Cushman & Wakefield to the next level?

For his first media interview as CEO of the global commercial real estate firm DTZ in 2011, John Forrester’s chosen venue was the Gherkin — the famed bullet-shaped skyscraper in London’s financial district that...

Can John Forrester take Cushman & Wakefield to the next level?
Can Fulton Market lead Chicago’s office recovery?
Chicago

Can Fulton Market lead Chicago’s office recovery?

Like in most major cities, Chicago’s office market faces an uphill climb against high vacancy rates and a string...

Can Fulton Market lead Chicago’s office recovery?
A marriage of convenience
National

A marriage of convenience

For landlords, a new office lease once promised a decade of predictable cash flows. It made everything neat. Office buildings were easy to understand and value, boring in a way that made them easy...

A marriage of convenience
Charlie Munger with a proposed design for Munger Hall, which is projected to cost $1.5 billion. (Van Tilburg, Banvard & Soderbergh, AIA, Scott Morgan/Reuters; Photo illustration by Victoria Tuturice)
Los Angeles

Megadorm man Charlie Munger has no time for haters

In over half a century atop the business world, Charlie Munger has never dealt with an outcry quite like...

Megadorm man Charlie Munger has no time for haters
The Closing: Bruce Stachenfeld

The Closing: Bruce Stachenfeld

Guests in Bruce Stachenfeld’s Midtown office are greeted by stuffed hedgehogs, half-empty bottles of Scotch and a snorting plastic pig. In conversation, he gives off the air of a classics professor rather than a...

The Closing: Bruce Stachenfeld
Editor’s note: My “Succession” obsession
National

Editor’s note: My “Succession” obsession

Audience members could be forgiven for thinking they were watching an episode of “Succession.” Last month at The Real...

Editor’s note: My “Succession” obsession

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