Top news for real estate pros
Future of New York’s iconic Chrysler Building in question after land owner makes?claim
Developer RFR Realty, which controls the office space, has lost control of New York's iconic Chrysler Building after failing to pay about $21 million in rent since May, raising questions about the landmark's future.
Hilton's 2025 trends report anticipates the rise of 'travel?maximizers'
希尔顿全球酒店集团 's latest annual trends report found that while guests still want to relax and recharge, they also seek adventure and aim to maximize their experiences, including "workations," as people now have more flexibility in where they work and are taking advantage of travel opportunities.
Kanye West’s Malibu compound sells at 60%?discount
Ye, the artist formerly known as Kanye West, has sold his controversial Malibu, California, house for $21 million, after purchasing the 4,000-square-foot beachfront estate for $57.25 million in 2021.
Federal government cancels deal to build massive agency headquarters in Washington,?DC
The General Services Administration GSA has terminated its lease agreement with developers to build a 1.2 million-square-foot headquarters for the U.S. Securities and Exchange Commission in Washington, D.C.’s NoMa neighborhood.
Harry Potter flagship, Mango clothing store headed to Chicago’s Magnificent?Mile
A major Harry Potter-themed flagship and a store from Spanish clothing retailer MANGO are planned in neighboring retail properties on Chicago’s Magnificent Mile in deals that landlords hope will breathe new life into the city’s retail corridor.