Does the value of your home affect how you vote?

Do home values have any significance when it comes to presidential elections? Not directly. But indirectly they are manifestations of economic growth, unemployment rates, incomes, household formations, population inflows and outflows, along with historical patterns of land use and restrictions on building. Almost certainly home values — and the rate at which they appreciate —[…]

Is Los Angeles the new Shanghai?

From the Los Angeles website: For Greenland Group executive Winston Yan, the revival of Downtown L.A. looks awfully familiar. “It reminds me of what’s happening in Beijing and Shanghai,” said Yan, whose company is developing the $1 billion Metropolis project downtown. “Now it’s happening here.” The Chinese developer — and its cohorts such as Shenzhen Hazens[…]

From the archives: Real estate’s love-hate relationship with Mayor Bill de Blasio

On an unseasonably mild morning in October, the roughly 50 people who showed up for a press conference at Stuyvesant Town witnessed a strange spectacle: Bill de Blasio, New York’s progressive mayor and self-declared fighter for the working class, chumming it up with Jonathan Gray, the head of global real estate at The Blackstone Group,[…]

Pan-Asian play: CORE strikes up partnership with JLL to market units to buyers in China and beyond

Economists may be warning that the Chinese economy is on wobbly footing, but New York brokers are still looking to tap the Asian markets for condo buyers. To that end, boutique residential brokerage CORE and international real estate giant JLL have formed an exclusive partnership to market CORE’s new development projects to the pan-Asian market,[…]

Council, City Hall argue over early end to Shorris hearing

In the aftermath of Thursday’s hearing on the Rivington House scandal, reps for the Mayor and City Council speaker traded barbs over an alleged attempt to “mislead” the chamber. Deputy Mayor Anthony Shorris testified for two-and-a-half hours. A spokesperson for speaker Melissa Mark-Viverito later told the Wall Street Journal that Shorris had said he could[…]