On a road trip from New York to Los Angeles (and back), a writer found digital tools that helped her navigate and find a cornucopia of “weird attractions.”
It’s been a tough decade for mall owners: First there was the so-called retail apocalypse, then the pandemic, then the tide of rising interest rates.
Stephen Lebovitz, the CEO of CBL & Associates Properties, led the Chattanooga, Tennessee-based mall REIT through it all, including a bankruptcy in 2020. He remembers taking calls from panicked CEOs who couldn’t open stores and paying his company’s bills.
“They couldn’t generate revenue. We still had debt payments. We still had real estate taxes. We had utilities,” Lebovitz said in an interview at the National Association of Real Estate Editors conference in New Orleans last month. “So that was…
The country’s new president, in office for a little over a month, had just dispatched his senior deputies to Washington to try to work out a trade deal.
Steve Croman has made his fair share of enemies as a landlord. Add his father to that list. Edward Croman is looking to dismantle the family partnership that controls 64 multifamily properties across Manhattan, according to a lawsuit filed Monday in Manhattan Supreme Court. The elder Croman accuses his son in a lawsuit of engaging […]
This article originally appeared on The Real Deal. Click here to read the full story.
Owning a home in the suburbs was once a hallmark of the American dream, but one of Philadelphia’s most iconic bedroom communities is now dominated by renters.
Broker-fee law “screwed up the whole market,” even luxury units: Barrocas
July 7, 2025 / no comments
Andrew Barrocas was a leading critic of the FARE Act before it passed. Now, he says, his warnings have proved true — even at the luxury end of the market. Barrocas, who heads the brokerage MNS Real Estate, says the FARE Act, which took effect last month, triggered immediate rent increases in higher-end rental buildings. […]
This article originally appeared on The Real Deal. Click here to read the full story.
President Trump has told 14 countries that they will face tariffs of at least 25 percent on Aug. 1 if they don’t reach agreements by then.
After Attorney General Pam Bondi promised big revelations for months, the Justice Department noted a lack of evidence for conspiracy theories, including a “client list” and a jailhouse murder.
Tishman Speyer scored a $385 million refinancing deal for its office building at 300 Park Avenue. JPMorgan Chase, Deutsche Bank and Morgan Stanley originated a $330 million CMBS loan backed by the 25-story Midtown tower, according to a press release from the landlord. Macquarie Capital Principal Finance provided an additional $55 million in mezzanine debt. […]
This article originally appeared on The Real Deal. Click here to read the full story.
Saudi Arabia’s Public Investment Fund is reportedly taking a two-thirds stake in Related Cos.’ planned 1,200-foot skyscraper at 625 Madison Ave.