The question “at first struck me as too open-ended to be usefully addressed by standard economics,” said Charles Jones of Stanford. He took a shot anyway.
New York City’s luxury market has been on a hot streak — but only time will tell whether that tear will survive Zohran Mamdani moving into Gracie Mansion. Even as political spin swirled over what the 34-year-old Assembly member’s successful campaign would bring, much of which came from the industry itself, buyers with deep pockets kept snapping up some of the city’s priciest properties. “There is absolutely no sign of a reckoning or discount or fear in the market,” said Leslie Garfield’s Matthew Lesser. “The reality is that we’re seeing a lot of activity here.” In the two weeks leading […]
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Supporters of the legislation argue it would protect a declining horseshoe crab population, while opponents warn it will harm the commercial fishing industry.
A line of upscale pet products from Lil Luv Dog is marketed like a beauty and lifestyle brand, is human-grade in quality, and is priced to match.
Plus, how to say “no, chef.”
Louisiana lawmakers tried a novel strategy for raising revenue, a model that proponents say might work more broadly.
After a 15-day standoff, a deal cleared the way for YouTube TV to resume carrying ESPN, ABC and other Disney-owned channels.
It is walking back levies on imports including beef and coffee in what critics say is an admission that tariffs raised prices in the first place.
A gene therapy for Duchenne muscular dystrophy caused complications to the liver, prompting a review of its use for younger patients.
Tequila scion Juan Beckmann Vidal appears to have weighed an ambitious exit from 432 Park Avenue, the poster tower of Billionaires’ Row’s boom and bust. The Jose Cuervo owner recently listed his three-bedroom condominium for $90 million before the offering was abruptly pulled this week, the Wall Street Journal reported. The listing vanished after the Journal asked questions about the unit’s ownership. Vidal couldn’t be reached for comment, and it’s unclear whether he still plans to try his luck in a building where luck has been in short supply. The tower has been plagued with drama related to its defects, […]
This article originally appeared on The Real Deal. Click here to read the full story.