Mr. Baidawi, 35, replaces the magazine’s longtime editor Will Welch. He says he wants the magazine to be a “North Star of masculinity.”

The takeover battle took a new turn on Tuesday as Warner Bros. Discovery reopened talks with its rebuffed suitor. But big questions still remain.

Ron Perelman is one step closer to shedding his worldly possessions.  The billionaire sold his Upper East Side townhouse at 36 East 63rd Street for $46.75 million, a source close to the deal told The Real Deal. The townhouse had been asking $49.5 million.  The Modlin Group’s Adam Modlin and Brown Harris Stevens’ Sami Hassoumi had the listing. Leslie Garfield’s Matt Lesser represented the buyer.  Perelman listed the home for $60 million in 2021 during a period in which he sold off many of his assets in an attempt to live a “simpler life.” In 2022, he sold his Hamptons […]

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Paramount’s takeover bid was rejected in favor of Netflix, which wanted only the streaming and studio businesses. Paramount said it would pay more if negotiations were reopened.

Insurance companies will summit their $17B peak of office debt maturities in 2026, but the descent will take awhile, with 11-figure office maturities continuing through at least 2028. 

There was a time not that long ago when Manhattan was awash in towers with multiple empty floors in need of a tenant. Those days are gone. 
Now, companies with large office footprints are starting their renewal or relocation decisions five or more years before their leases expire to ensure they have some top-tier options to choose from.
“This is probably the frothiest time of lack of supply,” JLL Vice Chairman Mitch Konsker said. “I would probably say, in my 43-year career, it’s happened two or three times.”

Fitness centers and spas have long been standard in any luxury amenity package, but buildings catering to the ultra-wealthy are taking wellness to a new level with a focus on helping residents live longer.

Billboards that wouldn’t make sense to people outside the tech industry have become common in the Bay Area. One company took the microtargeting game to another level.

In a series of deals over the past three months, lawmakers rejected some of the president’s most aggressive attempts to whittle down the government.

Mr. Cooper said in a statement that he was leaving as a correspondent for the show to focus on his CNN program and spend more time with his children.