A media couple-turned-designers’ original Park Slope home topped Brooklyn’s luxury market last week.  Pilar Guzman and Chris Mitchell’s townhouse at 757 Carroll Street in Park Slope, last asking $9.5 million, found a buyer, according to Compass’ weekly report of contracts signed asking at least $2 million from Dec. 15 to Dec. 21.  The pair have both held a number of influential jobs in the media industry over the years, but have also dabbled in home development and design, with Mitchell pivoting to full-time home design and restoration, according to an author bio.  Previously, Mitchell worked as a publisher at Vanity […]

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Gross domestic product grew at a 4.3 percent annual rate, faster than the previous three months.

I have nothing against James Patchett. Really. Patchett, the Gilbane Development CEO and former CEO of A&E and the city’s EDC, meant well when he offered housing solutions to Zohran Mamdani. But one was off the wall: “The new mayor can upsize pilot programs like ‘Unlocking Doors’ to pay for those renovations in exchange for leasing the apartment to city rent voucher holders,” he wrote. I’ve had lunch with Patchett and interviewed him on stage, and his wife used to work at The Real Deal. But James must not be reading my column, because I explained the utter failure of […]

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Big Tech’s huge investment in artificial intelligence is making investors nervous. But the technology continues to advance, buoying the bulls.

Besides last names, what do City Council Speaker Adrienne Adams and Mayor Eric Adams have in common? Both of their tenures began in promising fashion for the real estate industry, only to be tarnished at the end — albeit in entirely different ways. The speaker’s flameout was nowhere near as dramatic as the mayor’s, and it involved not corruption but screwing the real estate industry — and housing-starved New Yorkers. More drama lies ahead, assuming the mayor vetoes the Community Opportunity to Purchase Act and perhaps the Construction Justice Act and affordable housing bill Intro 1443-A as well. A COPA […]

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There were 253 transactions totaling $315 million recorded in New York City from 4 p.m. on Friday, Dec. 19, through 4 p.m. on Monday, Dec. 22. 🏆 Residential: The top home sale recorded in New York City was in Tribeca, where a trust tied to Carl Kawaja, chair of Capital Research and Management Company, which is part of Capital Group, and his wife Gwendolyn Holcombe snapped up a condo at 67 Vestry Street for $15.3 million. The 3,000-square-foot pad has four bedrooms and three and a half baths; it had been on the market since October, when it was listed […]

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Consumers spent 3.9 percent more from Nov. 1 to Dec. 21 this year compared with last year, according to a Mastercard report on holiday spending.

Moody’s, one of the first companies to sign an office lease at the new World Trade Center after 9/11, is leaving the complex for a building across the street.

Miamians may not know how to function in a season other than summer or drive across town without hitting traffic, but if there’s one thing they’ve mastered, it’s going big or going home.
And this year, South Florida’s commercial real estate did just that, with seven of the biggest or most expensive deals in the market’s history struck in 2025.

Chicago office market activity in 2025 finally thawed from its glacial pace over the past two years, though buildings still sold at significant discounts and leasing activity remained muted. 
The city’s top buildings continued to experience leasing trends different from those in the broader market.