Vornado’s Penn plan, decades in making, reaches inflection point
By Kathryn Brenzel and Rich Bockmann | March 03, 2022 12:00PM
On the seventh floor of Vornado Realty Trust’s office building Penn One is a 12,000-square-foot showroom dedicated to CEO...
Vornado’s Penn plan, decades in making, reaches inflection point
National
Iced out: What sanctions on Russian wealth could mean for U.S. real estate
By Keith Larsen, Lidia Dinkova, Sasha Jones, Katherine Kallergis and Hiten Samtani | March 03, 2022 12:00PM
The Americans had a clear message for Vladimir Putin: The war in Ukraine would cost him in more ways...
Iced out: What sanctions on Russian wealth could mean for U.S. real estate
Will Rafi Toledano’s ban kill his real estate career?
By Keith Larsen and Rich Bockmann | March 03, 2022 02:05PM
For a city with a bad-landlords list and a steady drumbeat of real estate horror stories, it’s extremely rare...
Will Rafi Toledano’s ban kill his real estate career?
National
Wall Street bonuses are booming, transforming the luxury market
By Joe Lovinger | March 03, 2022 12:00PM
Stan Ponte sat across the kitchen table from two Upper East Siders preparing to join the empty nest club...
Wall Street bonuses are booming, transforming the luxury market
Resi royalty: Ranking Manhattan’s top residential brokerages of 2021
By Sasha Jones | Research By Matthew Elo, Bill Egbert, Shahin Jaberinasab and Joseph Jungermann | March 03, 2022 12:00PM
Since hitting the market for a whopping $65 million in late 2019, the penthouse occupying the 18th and 19th...
Resi royalty: Ranking Manhattan’s top residential brokerages of 2021
Miami
Wynwood’s growing pains
By Francisco Alvarado | March 03, 2022 12:00PM
UPDATED, March 16, 1:05 p.m.: Miami’s Wynwood, the artsy neighborhood that has become a hip office, retail and dining destination, is experiencing growing pains, creating a dichotomy in the district. Office and retail vacancy...
Wynwood’s growing pains
Four big landlords get paid to model green retrofits
By Suzannah Cavanaugh | March 03, 2022 02:10PM
Decarbonization is no longer just a buzzword. In the past few years, New York has tightened the screws on...
Four big landlords get paid to model green retrofits
Miami
Supply chain issues — not oversupply — could slow Miami’s condo boom
By Katherine Kallergis | March 03, 2022 12:00PM
Financing is plentiful, buyers are signing contracts with nonrefundable deposits, and developers in South Florida are keeping their sales...
Supply chain issues — not oversupply — could slow Miami’s condo boom
Feverish demand for South Florida homes leads to over-the-top offers
By Katherine Kallergis | March 03, 2022 02:14PM
Real estate agent Drew Kern recently listed a Palmetto Bay home for about $750,000, a price that was significantly...
Feverish demand for South Florida homes leads to over-the-top offers
National
Invisible cities: What metaverse developers are building
By T.P. Yeatts | March 03, 2022 12:00PM
Two homes for the price of one — that was Gabe Sierra’s pitch to the family real estate business. ...
Invisible cities: What metaverse developers are building
Inflation’s at a 40-year high. Commercial real estate didn’t get the memo
By Rich Bockmann | March 03, 2022 02:21PM
Flush with tourists, hotels in resort areas of South Florida are jacking up rates to above pre- pandemic levels....
Inflation’s at a 40-year high. Commercial real estate didn’t get the memo
Texas
Pulling strings: Austin Opera House revival reflects city in flux
By Cindy Widner | March 03, 2022 12:00PM
Three decades after the final twang of a steel guitar at the Austin Opera House, a debate over its...
Pulling strings: Austin Opera House revival reflects city in flux
Chicago
As violent incidents soar, Chicago’s retail recovery stalls
By Harrison Connery and Sam Lounsberry | March 03, 2022 12:00PM
UPDATED March 7, 2022, 1:46 p.m. The security footage shows people running for cover while others fall to the...
As violent incidents soar, Chicago’s retail recovery stalls
National
The Closing: Amar Lalvani
By Rich Bockmann | March 03, 2022 12:00PM
Young Hollywood partying on blue Astroturf by the pool on the Sunset Strip. X-rated exhibitionism towering over the High Line. Trendsetting design, middlebrow cool, the Boom Boom Room. For the past two decades, the...
The Closing: Amar Lalvani
National
Editor’s note: From Russia without love
By Stuart Elliott | March 03, 2022 12:00PM
There were heady days a decade ago when Russian buyers set records in New York City’s real estate market,...
Editor’s note: From Russia without love