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San Francisco Voting Whether to Tax Landlords for Empty Storefronts
News 11 hours ago
San Francisco Voting Whether to Tax Landlords for Empty Storefronts

San Francisco will put to vote next Tuesday a punitive new approach to ending the blight of empty storefronts. On the ballot is a tax on property...

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Blackstone’s Mr. Fix-It Sees Profits in Japanese Buy-and-Hold Play
News 14 hours ago
Blackstone’s Mr. Fix-It Sees Profits in Japanese Buy-and-Hold Play

Blackstone Group Inc. These days, the firm's president and former head of real estate is also embracing a more restrained approach: Buy it, and...

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Venture Firm’s New Fund Helps E-Commerce Retailers Go Offline
News 14 hours ago
Venture Firm’s New Fund Helps E-Commerce Retailers Go Offline

A real-estate-focused venture-capital firm said it has closed a $100 million fund to invest in companies born online that are looking to join the...

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An Entrepreneur Wants to Break Philadelphia’s Condo Record—Again
News 4 days ago
An Entrepreneur Wants to Break Philadelphia’s Condo Record—Again

Entrepreneur John Paz broke the price record for a Philadelphia condo in 2017 when he spent about $17 million for a penthouse atop a new...

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A British Property Developer Gets The Royal Treatment
News 5 days ago
A British Property Developer Gets The Royal Treatment

The year 2020 is shaping up to be a landmark year for property developer Edo Mapelli Mozzi. His biggest project to date, returning a rundown hotel...

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How Thomas Heatherwick Became the Poster Boy for Manhattan’s West Side Renaissance
News 1 week ago
How Thomas Heatherwick Became the Poster Boy for Manhattan’s West Side Renaissance

British designer Thomas Heatherwick stands near the windows of an upper-floor apartment at Lantern House, his nearly completed two-tower skyscraper...

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UBS Scrambles to Stanch Outflows at Flagship Property Fund
News 2 weeks ago
UBS Scrambles to Stanch Outflows at Flagship Property Fund

Investors are waiting to withdraw about $7 billion from the Swiss bank's Trumbull Property Fund following an extended period of underperformance,...

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Outdoor Retailer REI Building the Most Outdoorsy HQ Ever
News 2 weeks ago
Outdoor Retailer REI Building the Most Outdoorsy HQ Ever

In a Seattle suburb, retailer Recreational Equipment Inc. is building a new headquarters that is blurring the boundaries between office and nature....

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Mall Operators Simon and Taubman Pair Up
News 2 weeks ago
Mall Operators Simon and Taubman Pair Up

Simon Property Group Inc. The Taubman deal comes a week after Simon Property said it plans with two partners to buy out of bankruptcy struggling...

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Ban on Broker Fees Sends New York City Apartment Rental Firms Reeling
News 2 weeks ago
Ban on Broker Fees Sends New York City Apartment Rental Firms Reeling

A new state rule preventing real-estate firms from charging broker fees on apartment rentals is causing chaos and sudden panic in the industry. The...

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New York Bans Broker Fees, Handing Big Win to Apartment Renters
News 2 weeks ago
New York Bans Broker Fees, Handing Big Win to Apartment Renters

Real-estate brokers can no longer impose a fee on New Yorkers when they rent an apartment, the state says. The ruling-made in legal guidance dated...

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1 Kiawah Island Parkway
News 3 weeks ago
1 Kiawah Island Parkway

Refine your golf game using the latest technologies under the guidance of top-tier golf pros Riverside boathouse and kayak launch with kayak...

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The Land Under This $35 Million L.A. Property Could Be More Valuable Than The House Itself
News 3 weeks ago
The Land Under This $35 Million L.A. Property Could Be More Valuable Than The House Itself

In Los Angeles, epicenter of a recent flurry of multimillion-dollar real estate deals, a possible teardown is listing for $35 million, making it...

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News, Articles, Biography, Photos
News 3 weeks ago
News, Articles, Biography, Photos

WeWork went on a leasing binge before its botched IPO. That could turn into a billion-dollar problem as the shared-office-space company tries to...

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A Midcentury Garden Oasis With Architectural Pedigree
News 4 weeks ago
A Midcentury Garden Oasis With Architectural Pedigree

Joe Brown and Jacinta McCann, both landscape architects, were initially drawn to the design of their Telegraph Hill home. 'Its Midcentury modern...

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Prada and LVMH to Drop Leases as Hong Kong’s Retail Sparkle Fades
News 1 month ago
Prada and LVMH to Drop Leases as Hong Kong’s Retail Sparkle Fades

Hong Kong landlords, used to charging top dollar for flagship stores, are suddenly in flash-sale territory. Prime retail rents dropped in late 2019...

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Investors Cool on Brooklyn Real Estate
News 1 month ago
Investors Cool on Brooklyn Real Estate

Brooklyn's decadelong real-estate investment boom is over. The borough once attracted developers and speculators from across the globe looking to...

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Zaha Hadid’s Miami Tower is an Architectural Feat. Is It Designed to Sell?
News 1 month ago
Zaha Hadid’s Miami Tower is an Architectural Feat. Is It Designed to Sell?

Zaha Hadid's Miami Tower is an Architectural Feat. Is It Designed to Sell? In 2013, a shuttered pawnshop stood at the corner of NE 10th Street and...

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MGM Grand, Mandalay Bay Real Estate to Be Sold to JV Including Blackstone
News 1 month ago
MGM Grand, Mandalay Bay Real Estate to Be Sold to JV Including Blackstone

Blackstone Group Inc. The deal, first reported early Tuesday by The Wall Street Journal, values MGM Grand's real-estate assets at about $2.5...

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Graham Backs a Bill Friendly to Real-Estate Industry
News 1 month ago
Graham Backs a Bill Friendly to Real-Estate Industry

In an effort to tamp down new restrictions on a foreign-investor program used to help fund property deals, the real-estate industry has found a...

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A $17.5 Million Palm Beach Penthouse Will Sit Atop a Tiffany Store
News 1 month ago
A $17.5 Million Palm Beach Penthouse Will Sit Atop a Tiffany Store

A rendering of the top floor of a Palm Beach apartment that sits atop the Tiffany& Co. jewelry store on Worth Avenue. A rendering of the top floor...

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Crowdfunding Firms Blow Up the Model to Survive in Real Estate
News 1 month ago
Crowdfunding Firms Blow Up the Model to Survive in Real Estate

This article is part of a Property Report series looking at small investors and real estate, from new ways for individuals to buy slices of office...

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Forest Whitaker Sells Hollywood Hills Compound for $3.85 Million
News 1 month ago
Forest Whitaker Sells Hollywood Hills Compound for $3.85 Million

In the Hollywood Hills, the gated property comprises two separate homes on a private street. In the Hollywood Hills, the gated property comprises...

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Student Housing Party on Wall Street May Be Over
News 1 month ago
Student Housing Party on Wall Street May Be Over

The student-housing sector, which had become a darling of real-estate investors in recent years, is running into turbulence. About 3.9% of the debt...

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Top-Tier Malls Are Latest Victim of Retail Headwinds
News 2 months ago
Top-Tier Malls Are Latest Victim of Retail Headwinds

For years, the prime malls with the best locations escaped much of the havoc being wrought in the retail world by internet competition. which owns...

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Construction of Texas Border Wall Stalls Over Fights With Landowners
News 2 months ago
Construction of Texas Border Wall Stalls Over Fights With Landowners

LAREDO, Texas-Nearly three years into the Trump administration, almost no border wall has been built in Texas. Local property owners ranging from...

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China’s Housing Market Goes the WeWork Way—and Thousands Get Evicted
News 2 months ago
China’s Housing Market Goes the WeWork Way—and Thousands Get Evicted

In China, a crowd of startups is looking to cash in on a hot real-estate market by disrupting the way apartments are rented. As property prices...

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New York’s Retail Property Slump Claims Big Times Square Building
News 2 months ago
New York’s Retail Property Slump Claims Big Times Square Building

Manhattan’s three-year downturn in retail real estate may have claimed its biggest victim yet. A group of international lenders filed on Monday to...

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Amazon Leases New Manhattan Office Space, Less Than a Year After HQ2 Pullout
News 2 months ago
Amazon Leases New Manhattan Office Space, Less Than a Year After HQ2 Pullout

Amazon. Facebook Inc. The giant online retailer said it has signed a new lease for 335,000 square feet on Manhattan's west side in the new Hudson...

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Elon Musk Buys Out the Neighbors
News 2 months ago
Elon Musk Buys Out the Neighbors

In 2012, after three years of renting it, Elon Musk bought this mansion overlooking Bel-Air Country Club from Mitchell Julis, co-founder of hedge...

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