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Phlegethon956

@phlegethon956

NYer in the real estate industry. I post about RE, stocks, and urban planning issues. Some soccer/football thrown in.

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11.11.2024
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Latest posts by Phlegethon956 @phlegethon956

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Family Offices Double Down on Alternatives Amid Inflation Fears J.P. Morgan finds nearly 60% of allocations going to hedge funds and real estate.

GlobeSt: Family Offices Double Down on Alternatives Amid Inflation Fears

Wealthy families are leaning harder into alternative assets as they navigate a world of sticky inflation and geopolitical uncertainty.

Free article with sign-in/up:
www.globest.com/2026/03/06/f...

13.03.2026 12:58 πŸ‘ 0 πŸ” 1 πŸ’¬ 0 πŸ“Œ 0

CoStar: WeWork inks Manhattan office lease as it grows New York portfolio again

Deal follows landlords’ $40 million redevelopment of Fifth Avenue building

Unlocked article:
www.costar.com/article/1172...

11.03.2026 13:54 πŸ‘ 0 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0
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Mamdani Proposes NYC’s Biggest Housing Project in 50 Years. He Needs Trump’s Help. The mayor is asking the president for $21 billion to build 12,000 units over a Queens rail yard. That may not be enough for such a complex and expensive project.

WSJ: Mamdani Proposes NYC’s Biggest Housing Project in 50 Years. He Needs Trump’s Help.

Mayor is asking the president for $21 billion to build 12,000 units over a Queens rail yard. That may not be enough for such a complex and expensive project.

Unlocked article:
www.wsj.com/us-news/mamd...

09.03.2026 13:33 πŸ‘ 0 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0

CoStar: Six Flags to sell seven North American parks for $331 million

Deal with EPR Properties follows year of low attendance

Unlocked article: www.costar.com/article/2634...

06.03.2026 15:11 πŸ‘ 0 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0
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Pakistan thwarts JPMorgan’s efforts to buy historic New York hotel Biggest US bank seeks to add Roosevelt Hotel to its rapidly growing Midtown campus

Pakistan thwarts JPMorgan’s efforts to buy historic New York hotel

www.ft.com/content/31b2...

05.03.2026 20:34 πŸ‘ 0 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0
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L.A.’s Notorious Trio of Graffiti-Covered Skyscrapers Finally Finds a Buyer The new owner was expected to spend more than $1.2 billion to acquire and complete a project long seen as a symbol of downtown’s decline.

WSJ: L.A.’s Notorious Trio of Graffiti-Covered Skyscrapers Finally Finds a Buyer

New owner is expected to spend more than $1.2 billion to acquire and complete a project long seen as a symbol of downtown’s decline

Unlocked article:
www.wsj.com/real-estate/...

04.03.2026 15:17 πŸ‘ 0 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0

CoStar: Sellers cash in on ICE's revamp of national detention center network

ICE pays double-digit premiums for some of the 10 warehouse deals closed so far

Unlocked article:
www.costar.com/article/1306...

02.03.2026 15:07 πŸ‘ 0 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0
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World Trade Center's last office tower soon will get built and house American Express Governor Kathy Hochul and the company announced the plan for 2 World Trade Center on Wednesday.

ABC7: World Trade Center's last office tower soon will get built and house American Express

The final commercial office tower of the WTC site will start construction this spring.

Unlocked article:
abc7ny.com/post/world-t...

27.02.2026 15:27 πŸ‘ 0 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0
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AI Anxiety Has Found Its Way to Real-Estate Brokers A selloff in commercial broker shares reflects investor fears that artificial intelligence will erode the industry’s fees. Executives say the human touch still matters.

WSJ: AI Anxiety Has Found Its Way to Real-Estate Brokers

A selloff in commercial broker shares reflects fears that AI will erode fees. Executives say the human touch still matters.

Unlocked article:
www.wsj.com/real-estate/...

25.02.2026 14:42 πŸ‘ 0 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0
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Lenders to Commercial Real Estate Owners Reach Breaking Point Plus, Congress takes on the housing crisis.

WSJ: Lenders to Commercial Real Estate Owners Reach Breaking Point

Plus, Congress takes on the housing crisis

Unlocked article:
www.wsj.com/real-estate/...

23.02.2026 14:12 πŸ‘ 0 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0

CoStar: New York City mayor floats 9.5% property tax hike if he can’t get more from wealthy

Real estate industry reacts with skepticism to β€˜last resort’ proposal

Unlocked article:
www.costar.com/article/1009...

20.02.2026 14:14 πŸ‘ 0 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0
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Lenders to Commercial Real Estate Owners: Pay Up Now The delinquency rate for office building owners jumped to a record high last month.

WSJ: Lenders to Commercial Real Estate Owners: Pay Up Now

The delinquency rate for office building owners jumped to a record high last month

Unlocked article:
www.wsj.com/real-estate/...

18.02.2026 14:29 πŸ‘ 0 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0

CoStar: Commercial real estate deals are picking up, but so are concerns about AI

Anxiety over the technology moves across industries, now touching on property

Unlocked article:
www.costar.com/article/6407...

17.02.2026 14:27 πŸ‘ 1 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0
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Exclusive | Waldorf Astoria’s Chinese Owners Plan to Sell NYC Hotel After Extravagant Makeover A sale would be part of the recent wave of Chinese property owners pulling out of the U.S. market.

WSJ: Waldorf Astoria’s Chinese Owners Plan to Sell NYC Hotel After Extravagant Makeover

Sale would be part of recent wave of Chinese property owners pulling out of U.S. market

Unlocked article:
www.wsj.com/real-estate/...

13.02.2026 15:37 πŸ‘ 0 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0

CoStar: Vornado's 2025 Manhattan office leasing volume best in over a decade, CEO says

New York on verge of 'best landlord's market in 20 years,' according to CEO Steven Roth

Unlocked article:
www.costar.com/article/8137...

11.02.2026 14:44 πŸ‘ 0 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0

CoStar: Where's the industrial market rebounding? Look at these deals from big investors.

Clarion, Prologis, Blackstone boost warehouse property recovery

Unlocked article:
www.costar.com/article/1389...

09.02.2026 14:43 πŸ‘ 0 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0
Official Website of New York City Government - nyc.gov On the homepage of nyc.gov, you can check today's statuses for parking, schools, and trash collection. You can also access popular services, news, and see what's new from NYC government.

NYC.gov: NYC Council Votes to Override Vetoes from Former Mayor Adams of Legislation to Strengthen Worker Protections and Increase Housing Affordability

Unlocked article:
council.nyc.gov/press/2026/0...

06.02.2026 15:36 πŸ‘ 1 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0

CoStar: Landlord Simon Property expects to hike rents at former Saks Off 5th stores

REIT writes off its $100 million investment in Saks Global but claims deal has upsides

Unlocked article:
www.costar.com/article/1292...

04.02.2026 14:39 πŸ‘ 0 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0

CoStar: Office properties in major markets lead price gains

Industrial and retail sectors slow as multifamily returns to positive territory

Unlocked article:
www.costar.com/article/1736...

02.02.2026 14:23 πŸ‘ 0 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0

CoStar: Foreign investors are still hot on New York, SL Green says

CEO compares appeal of city’s real estate to US Treasuries

Unlocked article:
www.costar.com/article/1461...

30.01.2026 20:45 πŸ‘ 0 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0
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Despite a Bad Reputation, Timeshares Are a Billion Dollar Industry Timeshare companies have worked to overcome their bad reputation and continue to make billions from new customers. But there are still issues and scams to look out for when getting intoβ€”or out ofβ€”a ti...

WSJ: Despite a Bad Reputation, Timeshares Are a Billion Dollar Industry

Timeshare companies have worked to overcome their bad reputation and continue to make billions from new customers.

Unlocked article:
www.wsj.com/video/series...

28.01.2026 14:53 πŸ‘ 0 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0
Post image Post image

ALEX JEFFREY PRETTI. Gone, but never forgotten...

#RIP_Alex πŸ’”

26.01.2026 20:09 πŸ‘ 40332 πŸ” 9250 πŸ’¬ 934 πŸ“Œ 323
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New Breed of Shared Offices Is Bringing Co-Working Market Back to Life Big companies such as Pfizer and Amazon are taking co-working space, helping spark a resurgence in shared offices.

WSJ: New Breed of Shared Offices Is Bringing Co-Working Market Back to Life

Companies such as Pfizer and Amazon use co-working space, helping spark resurgence in flexible workspace

Unlocked article:
www.wsj.com/real-estate/...

26.01.2026 20:17 πŸ‘ 0 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0
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Amazon Launching Its Largest-Ever Store SEO Summary

WSJ: Amazon Launching Its Largest-Ever Store

Plus, commercial builders are pulling back on everythingβ€”but not data centers

Unlocked article:
www.wsj.com/real-estate/...

23.01.2026 15:32 πŸ‘ 0 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0
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The Grocery Store at the Center of San Francisco’s Latest Housing Battle A savvy developer has big plans for putting housing on top of an iconic Safeway supermarket in the ritzy Marina district and at other aging Safeway sites across the city.

WSJ: The Grocery Store at the Center of San Francisco’s Latest Housing Battle

A proposed apartment tower on top of an iconic Safeway highlights tensions between CA’s state & local zoning laws. β€˜Why does a large parking lot deserve a view of the water?’

Unlocked article:
www.wsj.com/real-estate/...

21.01.2026 14:33 πŸ‘ 0 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0
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Blackstone Real-Estate Fund Stages Comeback With Best Return in Three Years Blackstone’s flagship real-estate fund aimed at individual investors, called Breit, notched its strongest performance in three years, boosted by its investment in data centers.

WSJ: Blackstone Real-Estate Fund Stages Comeback With Best Return in Three Years

Giant fund known as Breit gained 8.1% in 2025, boosted by its investment in the red-hot data-center sector

Unlocked article:
www.wsj.com/finance/inve...

19.01.2026 15:23 πŸ‘ 0 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0
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Rent Concessions Are on the Rise in America’s Sunbelt Cities Cities like Phoenix overbuilt upscale housing when remote workers started showing up during the pandemic. Now that extra inventory means perks for renters.

WSJ: Rent Concessions Are on the Rise in America’s Sunbelt Cities

Cities like Phoenix overbuilt upscale housing when remote workers started showing up during the pandemic. Now that extra inventory means perks for renters.

Unlocked article:
www.wsj.com/real-estate/...

16.01.2026 15:09 πŸ‘ 0 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0

CoStar: Saks Global files for Chapter 11 with vow to evaluate its store footprint

Luxury giant obtains $1.75 billion in financing from bondholders, lenders

Unlocked article:
www.costar.com/article/1361...

14.01.2026 15:47 πŸ‘ 0 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0
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AT&T to Move HQ From Downtown Dallas to Suburb, Joining an Exodus From the Area The telecom company’s departure delivers another blow to one of the country’s worst-hit central business districts.

WSJ: AT&T to Move HQ From Downtown Dallas to Suburb, Joining an Exodus From the Area

The telecom company’s departure delivers another blow to one of the country’s worst-hit central business districts

Unlocked article:
www.wsj.com/real-estate/...

12.01.2026 20:02 πŸ‘ 0 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0
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Washington D.C.’s Stockpile of Old Offices Makes It a Mecca for Housing Conversions The nation’s capital is converting more offices to apartments than almost anywhere else, while a developer breaks ground on the city’s biggest project yet.

WSJ: Washington D.C.’s Stockpile of Old Offices Makes It a Mecca for Housing Conversions

Nation’s capital converts more offices to apartments than almost anywhere else

Unlocked article:
www.wsj.com/real-estate/...

09.01.2026 19:35 πŸ‘ 0 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0