As the pandemic continues to wreak havoc on real estate, industry donors are siding with Joe Biden over President Donald Trump, records show. They have so far given $17.1 million to the former vice president’s campaign and political action committees backing him, and $15.6 million to Trump, according to the Center for Responsive Politics, a nonpartisan research group which tracks money in U.S. politics. Although markets have prospered under presidents… [more]
National September 2020 Issue
Where real estate’s investment giants stand on Biden vs. Trump
Private equity and other major investment firms have donated more to Joe Biden than President Donald Trump so far...
Five ways Biden could change the game for real estate
For the last four years, real estate companies have had one of their own in the White House —...
Trump’s fair housing repeal roils multifamily developers
This summer, President Donald Trump put low-income people on notice: The suburbs would be off-limits to them. His administration...
Why Airbnb is going public in a pandemic
An industrial design graduate from upstate New York, Brian Chesky wasn’t your typical Silicon Valley CEO when he began thinking in earnest about taking his company public. Nine years earlier, in 2008, he had...
A nationwide sublease surge
When R/GA moved its New York headquarters to Brookfield Property Partners’ 5 Manhattan West, some praised the global advertising agency for adopting state-of-the art technologies entirely controlled by apps. The new 173,000-square-foot office was...
Korean wave pours into U.S. commercial real estate
In April, as New York faced the darkest days of the coronavirus outbreak to date, the city’s biggest office...
TikTok, Clarice: Why the government’s moves against Chinese firms could hurt real estate
Daniel Chang’s phone wouldn’t stop lighting up. It was the night of Aug. 6, shortly after President Trump signed...
Inside the ugly dispute between Michael Shvo and his partner pal
Michael Shvo’s rule-breaking had finally caught up with him. The controversial broker-turned-developer was sidelined on more than $2 billion...
ICSC’s “incredibly tragic day” and rough year ahead
UPDATED Sept. 9, 2020, 3:45 pm: Employees of the International Council of Shopping Centers woke up to an alarming...
Quiet dorms and distress storms: Student housing sector takes hit
A few days into classes in August, students at the University of North Carolina at Chapel Hill were in...
Developers bet big on build-for-rent in these uncertain times
Since moving from an apartment building in Allen, Texas to a two-bedroom house in nearby McKinney in April, Joy...
Survival of the slimmest: TRD looks at the future of the residential brokerage
In early April a dejected-looking Kurt Wisner posted a video in front of an empty van. “I’ve got a...
NYC’s fiscal fiasco vexes real estate industry
Back when it was flush with cash, the de Blasio administration heeded developers’ request to add technical staffers at...
Making sense of Facebook, Google and the office bubble aftermath
Facebook grew its New York footprint gradually at first, occupying 55,000 feet at 335 Madison Ave and then 100,000...
Timber REITs are having a mighty moment
When the coronavirus crisis slammed the U.S. economy, owners of vast forests of timberland saw business take a big hit as most new construction ground to a halt along with demand for wood products....
The Closing: Carl Weisbrod
Carl Weisbrod has been a fixture in city government for more than four decades. He joined the administration of New York City Mayor John Lindsay as an attorney with the Department of Relocation in...
The self-lockdown lifestyle of AKA’s Larry Korman
Life under quarantine has brought big changes for everyone. For Larry Korman — the head of property development, management...
Editor's note: We’re all holding our breath
If there’s one thing investors don’t like, it’s uncertainty. Unfortunately, that’s all we seem to have these days. As...
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