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FT Magazine
Why everybody who’s anybody in Manhattan real estate relies on Jon Mechanic
...Now even diehard landlords have come to acknowledge that the genie will not be returned to the bottle. Even on “busy” weekdays, many New York City office buildings are half empty....
October 20, 2023
Blackstone Group LP
Blackstone steps up tenant evictions in US with eye on boosting returns
...Court records from Georgia and Florida show that companies owned by Blackstone have commenced legal proceedings against dozens of tenants every month since August, launching more cases in a typical week...
January 30, 2023
FT Live
Infrastructure Investment in Latin America and the Caribbean
Identifying opportunities for investors and asset managers
Wednesday, 12 June237 Park Avenue, New York, NY, USA
Commercial property
Big developer launches $1bn fund to buy distressed New York offices
...One of New York’s biggest property developers is launching a $1bn fund to invest in the city’s distressed office buildings, potentially heralding a new phase in the commercial real estate crisis....
January 20, 2024
LexProperty sector
Holiday rental curbs won’t stop complaints about Airbnb Premium content
...Other countries and cities have already taken action. New York began in September enforcing a de facto ban on short-term rentals. Barcelona was an early mover against sites such as Airbnb....
February 24, 2024
Commercial property
Law firm Paul Weiss signs biggest US office lease of 2023 in Manhattan
...“New York City continues to be an unparalleled place to do business”....
December 22, 2023
House & Home
Why can’t I paint my door yellow? The psychology of community decor diktats
...Ian Brandt, a New York commercial real estate attorney who specialises in condominium law, recalls the 1997 case Vacca vs Board of Managers, Primrose Lane....
May 12, 2023
FT Live
Crypto and Digital Assets Summit Asia
Transforming mainstream finance
Thursday, 5 DecemberDigital Conference
Edwin Heathcote
The UK is dismantling its legacy of municipal splendour
...Of council homes sold off under Right to Buy, 40 per cent have been rented out by private landlords, many to social tenants with landlords’ profits subsidised by the state....
January 28, 2024
The Week Ahead
Opening arguments begin in Trump trial
...monarch, George V at the Empire Exhibition in London, and the first commemorative stamps being issued in Great Britain....
April 21, 2024
FT SeriesExtreme renting
Extreme renting: limits on rents leave Berlin’s new tenants vying for homes
...But landlords in the city are still bound by a separate, federal restriction that forbids them from increasing rents by more than 10 per cent above a local benchmark rate when taking on new tenants....
August 29, 2023
Airbnb Inc
French mayors take on Airbnb amid a housing squeeze
...The French proposals come as cities, such as New York, Berlin and Barcelona, tighten their regulations on Airbnb and other platforms, putting pressure on the companies’ business models....
January 27, 2024
Asian prime property
Can Tokyo’s rental market be made friendlier to foreigners?
...Towards the end of last year, Japanese prime minister Fumio Kishida gave a speech to business leaders in New York announcing new measures to attract asset management companies to the country....
January 18, 2024
Commercial property
WeLurk around offices with abandoned leases
...LOSERS (and possible future losers): New York City’s commercial real estate market: 40 of the locations in the initial round of proposed lease rejections are in New York....
November 10, 2023
News in-depthWeWork
Fall of a ‘trailblazer’: what WeWork’s bankruptcy means for flexible working
...As part of its Chapter 11 filing in New Jersey federal court late on Monday, the company asked for permission to scrap 69 leases in the US and Canada — including about 40 locations in New York City....
November 8, 2023
FT SeriesExtreme renting
Extreme renting: how rising rates turned the screws on tenants across Europe
...many parts of the city and landlords wield immense power....
August 22, 2023
News in-depthScotland
Scotland’s crackdown on short-term rentals leaves landlords fearing for their future
...Organisations representing landlords are already fighting rent controls imposed last year to protect long-term tenants....
August 1, 2023
FT Live
US Pharma and Biotech Summit
Strategies for innovation, pricing and access
Thursday, 16 MayNew York, NY, USA
Commercial property
New York office market bolstered by sale valuing tower at $2bn
...In many US cities, office occupancy has hovered around 50 per cent, prompting tenants to dump space on the sublease market and landlords to reduce rents....
June 26, 2023
News in-depthUK property
UK homelessness on the rise as rents soar
...“Councils have a duty to ensure no family is left without a roof over its head, and government funding can be used to help people find a new home, work with landlords to prevent evictions, or to pay for...
September 19, 2023
News in-depthCommercial property
Commercial property confronts the ‘comedown’ from easy money
...Behind the glittery facades of London’s Selfridges and New York’s Chrysler Building, Austrian property billionaire René Benko assembled a financial time bomb....
December 7, 2023
Erica Wagner
Make your own Parthenon marbles
...I was eight years old the first time I walked between the great pillars of its Greek revival facade, a visitor from New York City who would eventually make her home in London....
December 1, 2023
House & Home
How long can the UK rental crisis last?
...There is no new money,” says Dominic Agace, chief executive of Winkworth. For renters, that will come as cold comfort. “I have lived in New York before. I lived in London for many years....
June 16, 2023
Property sector
Jeff Blau rejects ‘office is dead’ claims by betting billions on new towers
...That site will also host a casino if a joint-bid with Wynn Resorts is selected for one of three forthcoming New York licences. “Every landlord thinks they have an A building, right?...
July 2, 2023
Signa Holding
Signa unravelled: inside René Benko’s debt-laden property empire
...At the time, the move was seen as one of Benko’s boldest bets yet and a signal that Signa saw a future in the cut-throat world of New York property speculation....
December 1, 2023
Unhedged
WeWork, too big to fail Premium content
...As recently as the first quarter of this year, WeWork accounted for almost a quarter of new leasing activity in New York, but several industry members have sought to play down the impact of a potential bankruptcy...
September 7, 2023
ReviewFiction
Crook Manifesto by Colson Whitehead — back on the mean streets
...The book’s final section is set in 1976, the era of Garth Risk Hallberg’s City on Fire, a novel that told of the New York blackout and the arson attacks that took place around the same time....
July 13, 2023
Leon Black
The downfall of Wall Street billionaire Leon Black
...The visitors, a man and a woman, wore the thousand-yard stare that is the unofficial uniform of New York City police detectives. One of them flashed a badge, and the doorman let them inside....
November 22, 2023

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