For immigrant communities from countries with especially high duties, food costs have risen sharply courtesy of President Trump.
Tory Burch is taking her fight from the runway to the courtroom, this time over the fate of her home. The designer and several fellow residents at the Pierre Hotel have filed suit in Manhattan Supreme Court to stop what they call a secretive and coercive $2 billion sale of the storied Fifth Avenue property that could evict them, Curbed reported. The complaint accuses the co-op board of striking a term sheet in September with an unidentified LLC allegedly tied to the Khashoggi family, which would fold the building into the Brunei-owned Dorchester Collection. Under that plan, residents would have […]
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Even with a legislative breakthrough looking imminent, air travel faces ongoing delays, and health insurance costs are still set to jump.
Borough presidents once again have more sway over the city’s land use process. The borough president races went pretty much as expected last week: The incumbents won in the Bronx, Brooklyn, Queens and Staten Island. Sen. Brad Hoylman-Sigal won his bid for Manhattan Borough President, replacing Mark Levine, who will be the city’s next comptroller. But Election Day also granted these five officials more authority over certain housing projects in their boroughs. One of the ballot questions approved by voters creates a three-person appeals board that, as part of the land use review process, can reverse City Council rejections of […]
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A hotly contested mayoral election didn’t slow down Brooklyn’s luxury market last week. Last week saw 27 contracts — 16 condos and 11 houses — signed for homes asking at least $2 million according to Compass’ weekly contracts report covering Nov. 3 to Nov. 9. The contracts had a total last asking volume of $80 million, beating the previous period’s total of 19 contracts signed for $66 million. The priciest contract signed last week was for a townhouse on 152 DeKalb Avenue in Fort Greene asking $4.7 million. The 20-foot-wide home spans 3,200 square feet and comes with six bedrooms […]
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There were 224 transactions totaling $333 million recorded in New York City from 4 p.m. Friday, Nov. 7 until 4 p.m. on Monday, Nov. 10. 🏆 Residential: The top residential sale recorded in the Big Apple on Monday, Nov. 10 was in Tribeca. A trust scooped up a condo at 250 West Street for $14.2 million. The seller was West Hub, LLC. The company paid $11.9 million for the pad in 2016. The four-bedroom unit spans 4,100 square feet, pricing the latest transaction at roughly $3,500 per square foot. Richard Ziegelasch with Corcoran represented the seller. 🏆 Commercial: Rego Park […]
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Commercial production has long been crucial to sustaining entertainment workers in the Los Angeles area. But it continues to plummet.
How fashion connected a designer, a farmer, Grindr and a herd of male-oriented rams.
For immigrant communities from countries with especially high duties, food costs have risen sharply courtesy of President Trump.
Major office markets across the country are finally seeing improvement after pandemic-era lockdowns and remote work caused vacancies to skyrocket. The road back is still long, but promising signs are popping up on both coasts and for the country’s office stock on average.
But in Los Angeles, drooping demand and a sluggish economy have combined to keep the city’s office market frozen in its pandemic-era malaise.
“I think we’ve probably hit a plateau,” NAI Capital Managing Director of Research J.C. Casillas said. “At some point, we’re going to start seeing more consistent absorption of vacated space. It’s just going to take time…