Buffeted by tariffs and trade tensions, Prime Minister Keir Starmer took British business leaders to China and emerged with deals on visas and Scotch whisky, as well as pledges to deepen ties.

After crossing the $1 billion threshold last year, Access Industries and the Witkoff Group refinanced the One High Line luxury condo development. Ares Management and JPMorgan Chase provided $525 million to the developers behind the 236-unit project, which also counts Monroe Capital as part of the development team, Bloomberg reported. The refinancing will help with carrying costs for the unsold units at the West Chelsea site. Walker & Dunlop Capital Markets Institutional Advisory arranged the financing. The debt is the latest sign of how far the development has come in the years since Access and Witkoff took the reins from […]

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Two 432 Park Avenue condos at the center of an ownership dispute between Harry Macklowe and CIM Group have gone into contract.  A buyer in the building has agreed to pay $53 million for units 78A and 78B, which combine to span the entire 78th floor, two sources familiar with the deal told The Real Deal.  The seller is an entity tied to the building’s sponsor, CIM Group, and not, as some had previously been led to believe, Harry Macklowe, who lost the units last year after he defaulted on the loans he had taken out from CIM to purchase […]

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Kevin M. Warsh, whom Mr. Trump tapped to become the next chair of the Federal Reserve, could face fierce resistance if he tries to pursue substantially lower borrowing costs.

The Hamptons’ residential market rode Wall Street money and tight inventory to a banner quarter.  During the last three months of 2025, median home prices rose over 33 percent annually to over $2.3 million, according to a report from appraisal firm Miller Samuel for Douglas Elliman. The price marks an all-time high for the wealthy enclave. The fourth quarter saw a second record for the market, with 82 homes sold for over $5 million.  The period caps off a return to form in the Hamptons in 2025, swept up by a strong luxury wave in markets around the country. The […]

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The company’s chief executive, Elon Musk, said this week that it would stop making the car, an electric pioneer in 2012, as well as the Model X.

The next owner of the Chrysler Building may prove to be a previous owner of the Manhattan landmark office tower. Tishman Speyer is in advanced talks to acquire the property’s ground lease, Crain’s reported. For a deal to cross the finish line, the biggest issue that needs to be worked out is rent payments for Cooper Union, which owns the ground underneath the building. The ground rent is expected to hit $41 million in two years, according to the college’s financial statement. It would be a return for Rob Speyer’s firm, which acquired the Chrysler Building in 1997 for $220 […]

This article originally appeared on The Real Deal. Click here to read the full story.

The U.S. stock market has become so concentrated that even broad index funds are no longer well diversified, our columnist says.

Late letters are causing distress to some in Britain and fueling criticism of its 500-year-old postal service.

The first step, consumer finance experts say, is to ask your card issuer to reduce the rate. And with average balances now $6,500, consider using your tax refund to put a dent in the debt.