The median asking rent in New York accounted for 55% of a typical household income in the second quarter of 2025, nearly 10% above the 44.5% national median in the for-sale market and more than double the recent share for typical renters nationwide. According to a new...
The S&P CoreLogic Case-Shiller US National Home Price NSA Index reported a 2.3% annual return for May, down from a 2.7% annual gain in the previous month. The 10-City Composite saw an annual increase of 3.4%, down from a 4.1% annual increase in the previous month,...
Wesley LePatner, who became CEO of Blackstone Real Estate Income Trust (BREIT) in January, was killed by a gunman in yesterday’s shooting rampage at the 345 Park Avenue office tower in Midtown Manhattan. She was 43. LePatner succeeded the retiring Frank Cohen at the...
Green Street, the Newport Beach, California-based provider of commercial real estate intelligence and analytics, has acquired College House, a provider of property-level data and insights for the US student housing sector. College House was founded in 2019, and Green...
A federal judge has rejected a request by an ally of President Trump to force the opening of this week’s Federal Open Market Committee (FOMC) meeting to the public. Bloomberg reports James Fishback’s investment firm Azoria Capital sued the Federal Reserve and its...
A Phil Hall Op-Ed: Yesterday, Federal Housing Finance Agency (FHFA) Director Bill Pulte posted a message on his X page that he was soon to be the subject of spurious coverage from one of the nation’s most influential newspapers. “The Washington Post, like...
