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Month: January 2020

LA office leasing drops in Q4 amid WeWork, tech sector pullback

Los Angeles skyline (Credit: iStock) What goes up must come down. WeWork and most other co-working, technology and media firms hit the brakes on new leases in Los Angeles in the fourth quarter, contributing to the slowest quarter of ...

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  • 13 Jan
  • The Real Deal
  • Uncategorized
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Good luck buying an affordable home in these US cities

Seattle, Washington (Credit: iStock) In the market for an affordable home or a house on the West Coast? Good luck, there aren’t many out there. There were fewer homes for sale across the country in December than there has been in three ...

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  • 13 Jan
  • The Real Deal
  • Uncategorized
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Unholy real estate strategy: Catholic churches shuffle properties to shield billions from sex abuse victims, report says

Pope Francis (Credit: WIkipedia, iStock) Catholic church dioceses across the country are moving around their real estate portfolios and using Chapter 11 bankruptcy to protect assets in sex abuse lawsuits. Over the last decade and a ...

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  • 13 Jan
  • The Real Deal
  • Uncategorized
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NBC spends $750K to transform arena in New Jersey swamp

Meadowlands Arena (Credit: Google Maps and iStock) Of all of the creative adaptive reuse projects that have sprung up across the country over the last several years, the most creative might be sitting next to Metlife Stadium in the ...

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  • 12 Jan
  • The Real Deal
  • Uncategorized
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Silicon Prairie could be the Silicon Valley of the 2020s

Kansas City (Credit: iStock) Denizens of the Midwest and the South, take heed: tech bros in zip-up hoodies may be at their standing desks, searching for their perfect startup office in your city right now. Affordability, less ...

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  • 12 Jan
  • The Real Deal
  • Uncategorized
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Harry Potter-themed store probably won’t get its dragon

The Wizarding World of Harry Potter (Credit: Getty Images) Dragons, magic wands, and whimsy are rare topics for discussion at New York City community board meetings, but they were this month. After a Tuesday night debate, Manhattan ...

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  • 12 Jan
  • The Real Deal
  • Uncategorized
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Airbnb hammers out partnership with carpenters’ union

The agreement was signed today in Manhattan by Nathan Blecharczyk, Airbnb co-founder and chief strategy officer (right), and Frank Spencer, general vice president of the United Brotherhood of Carpenters. Airbnb has partnered up with ...

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  • 10 Jan
  • The Real Deal
  • Uncategorized
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Arsenic and a new case: Inglewood stadium developers sue over contamination

Two development companies that Stan Kroenke owns are suing their insurer over a cleanup effort at the under-construction Hollywood Park complex in Inglewood. (Credit: Getty Images) Among the obstacles developer Stan Kroenke has faced ...

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  • 10 Jan
  • The Real Deal
  • Uncategorized
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Developer plans 94-unit affordable complex in Westlake

Vacant lot at 1432-1438 W. Miramar Street (Credit: Google Maps) A local real estate investor has filed plans for a 94-unit apartment complex in an area that’s attracting loads of affordable housing projects. The owner of the ...

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  • 10 Jan
  • The Real Deal
  • Uncategorized
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The real story behind Faith Hope Consolo’s glamorous life

Faith Hope Consolo (Credit: Getty Images, iStock) She positioned herself as a child of privilege, a product of the right schools and someone very much at home in the tony world of luxury New York City real estate. But in reality, Faith ...

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  • 10 Jan
  • The Real Deal
  • Uncategorized
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