Potentially huge legal issues are hovering over Kenvue. But Kimberly-Clark, which agreed to buy it for $40 billion, appears to think they’re manageable.

Brooklyn’s luxury market kept busy in October.  The last week of the month saw 19 — eight condos and 11 houses — snag signed deals, according to Compass’ weekly reports for contracts signed on homes asking at least $2 million from Oct. 27 to Nov. 2. The contracts had a total last asking volume of over $66 million, just above last week’s total of $63 million across 22 contracts. The most expensive deal last week was for a single-family townhouse on 623 2nd Street in Park Slope, which had a last asking price of $6.5 million.  Built in 1902, the […]

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There were 258 transactions totaling $357 million recorded in New York City from 4 p.m. on Friday, Oct. 31 through 4 p.m. on Monday, Nov. 3. 🏆 Residential: The Metropolitan Museum of Art had the priciest residential transaction recorded in New York City. The Museum parted with two adjoining townhouses dating to the late 19th century that are internally connected at 6 and 8 East 82nd Street on the Upper East Side for $29 million. The museum had owned them for nearly 50 years. Combined, the homes have a width of 41 feet and span 12,600 square feet. They also […]

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Real estate executives poured millions of dollars into PACs opposing Zohran Mamdani’s bid for mayor. Tuesday will determine if these efforts paid off.  Industry professionals donated at least $13 million to political action committees either backing Andrew Cuomo or more generally opposing Mamdani, according to a TRD analysis of filings with the city’s Campaign Finance Board through Oct. 28.   Roughly half of that went to the pro-Cuomo PAC, Fix the City, but a majority of donations from the industry to that PAC came in before the June primary. As I’ve previously reported, the industry backed away from Cuomo after the […]

This article originally appeared on The Real Deal. Click here to read the full story.

The Defense Department’s new press policy led to an exodus of traditional journalists. Supporters of the president have stepped in.

President Trump wants pharmaceutical production to return to the United States. A shuttered factory in Louisiana shows how hard that will be for generic medicines.

Niche is the latest company to help families predict what they might pay. If only colleges would do more.

As Bruce Teitelbaum pushes to get a giant housing development underway in Harlem, he is moving to eject a prominent civil rights organization from its national headquarters on the site.

President Donald Trump faces a key legal challenge this week, when the Supreme Court will begin hearing arguments on a case in which the petitioners say he illegally used emergency powers to impose sizable tariffs. 
The case will have a lasting impact on how the president is able to implement levies and will potentially give CRE stakeholders more confidence in future decision-making.
Here’s what CRE needs to know as trade turbulence heads to the highest court in the land.

Cousins Properties is close to landing telecommunications giant AT&T for a big new call center in Central Perimeter.