Eric Trump is in driver’s seat as Trump Org reopens properties
One of the Trump family’s most profitable pieces of real estate, Trump Doral golf resort in Miami, has reopened...
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Blackstone misses payment on $274M hotel loan
As the hospitality sector struggles to regain its footing, Blackstone skipped a payment on a $274 million hotel loan....
Will Lemonade’s IPO be sweet or sour?
To investors, Lemonade bills itself as the evolutionary successor to the old insurance guard. Instead of luring established customers with the “I switched-and-saved” value proposition, Lemonade hooks them when they’re young. The armies of...
Old West replica town in… New Zealand? hits the market for $7.5M
Every once in a while, a property home to a real or replica Old West town hits the market....
Nearly 140,000 businesses on Yelp remain closed since coronavirus hit
Nearly 140,000 U.S. businesses that closed since March 1 remain shuttered, and just over 40 percent of them have...
Some 2.2 million of the world’s restaurants could close
Some 2.2 million restaurants worldwide could close in the near future, and that’s a low estimate. Restaurants across the...
Mark Wahlberg-backed gym chain F45 plans to go public
Crescent Acquisition Corp has agreed to acquire fitness company F45 Training Holdings and take the company public. The deal...
The 1% are being hampered by France’s anti-shell company levy
A French court has ordered a Russian businessman to pay a $1.7 million tax bill on a ski resort...
Disney employees aren’t ready to go back to work
Disney is ready to open its massive theme parks in California and Florida, but many of its employees are...
The jumbo loan market crashed with Covid. But it’s slowly regaining strength
Jumbo loans, a favorite tool of lenders to finance high-end homes for wealthy buyers, sunk like a stone as...
Blackstone nears $1.4B deal with HPP to build out production studios
Blackstone Group and Hudson Pacific Properties are deep in talks to form a partnership to develop production studios in...
“Our HQ will be in the cloud”: What if remote-first work is an opportunity, not a compromise?
When it comes to the future of remote work, everyone and their landlord has weighed in. Owners of prime office buildings have dismissed remote...
WeWork abandons big Manhattan office lease
WeWork is scrapping plans to move into a major Manhattan office it agreed to lease nearly two years ago. The struggling co-working firm was set to move into a 115,000-square-foot spread at Columbia Property...
Macy’s cuts nearly 4K jobs as it reopens hundreds of stores
Macy’s eliminated thousands of jobs this week in another sign of the retail sector’s struggles, as companies work to...
Rebuilding the construction industry in the age of the coronavirus
When engineering giant AECOM started developing a virtual consultation tool in late 2019, its aim was to allow members...
Eliot Spitzer, kibbutz life and tequila: Podcast series delves WeWork story
In the early days of WeWork, Adam Neumann gave Eliot Spitzer a tour of one of the co-working company’s...
Adam Lindemann rents Montauk compound to Dasha Zhukova and Stavros Niarchos III
Billionaire investor Adam Lindemann has found a tenant and potential buyer for a 5.7-acre Montauk estate he put on...
Tri-State brokers are busier than ever as buyers warm to suburban living
The coronavirus has dramatically reshaped the luxury real estate market in the Tri-State area, and while the pandemic upended...