Forest City was an audacious $100 billion project by a top Chinese developer. Today, the project is a fraction of what had been planned and the developer is broke.
Category: Real Estate (Commercial)
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Why So Many Chefs Don’t Want Restaurants Anymore
Some of America’s most lauded cooks have stepped away from the lunch-and-dinner grind.
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Trump Family Business Eyes Hotel Deals in Israel
The Trump Organization was in talks about Israeli hotels before the Hamas attack last year. It says it wants to resume them in the future, raising questions about the mingling of politics and money in the event of a second Trump term.
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As Hurricanes Persist, Soaring Insurance Costs Hit Commercial Real Estate
Struggling landlords and developers are seeking leeway on coverage from their lenders — mostly in vain.
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Cement Is a Big Polluter. A Plant in Norway Hopes to Clean It Up.
Heidelberg Materials is betting it can profit from an expensive process that will reduce the carbon dioxide emitted from one of the world’s most polluting industries.
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Can Hudson Square Reinvent Itself as New York City’s Next Hot Neighborhood?
Once known as a gritty, industrial area on Manhattan’s West Side, Hudson Square is now trying to lure new tenants and businesses, and create its own identity.
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A 400-Acre Movie Ranch Outside Los Angeles Is Listed for $35 Million
Sable Ranch, about 30 miles north of Hollywood, includes an Old West movie set. It has been used for productions like “American Horror Story” and “Oppenheimer.”
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Apparel Resale Growth Drives Increased Vintage and Thrift Store Presence
Last year, apparel resale in the United States grew seven times the rate of the broader retail industry. Independent resellers and corporate giants are getting creative to meet the demand.
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Inside Jony Ive’s Life After Apple and His LoveFrom Design Business
Five years after leaving Apple, the iPhone designer is forging a new life in San Francisco, one imaginative building at a time.
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How the Fed Cutting Interest Rates Affects Banks, Stocks and More
For corporate America, this week’s expected interest rate cut carries risks along with rewards.
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How Stockyards Are Being Redeveloped in Western Cities
Lands in cities and towns that were once shipping points for livestock can be low-lying, unfavorable and often prone to flooding. They’re also hotbeds for new developments.
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China Fines PwC $62 Million for Botching Its Work for Evergrande
The authorities also imposed a six-month suspension on the local operations of the global firm, which was once one a dominant auditing firm in China.