Zeckendorfs accused of ‘brazen fraud’ in $80M penthouse sale

According to the complaint, developers and brothers Arthur and William Lie Zeckendorf of Zeckendorf Development, LLC allegedly rushed to close the deal before news broke about a planned 37-story skyscraper next door that would erase the penthouse’s pre… Continue reading

Realogics Sotheby’s Realty partners with AI startup Realtie

As Washington cities undergo significant upzoning this year, timing of the firm’s partnership with the AI platform that can predict what sellers might enter the market soon and identify areas ripe for redevelopment couldn’t be better. Continue reading

Developers sit on empty lots as higher rates delay projects

After a generationally high apartment construction boom, some developers are now finding that the economics no longer make sense on in-progress projects. Continue reading

Kushner project on site of NATO bombings in Serbia draws protests

The Serbian government signed a deal with a Kushner-affiliated development company earlier this week that will allow them to redevelop the former headquarters of the Serbian army. Continue reading

Forget the NAR settlement. New development transactions still pay

As brokerages pivot to specialized training meant to empower buyer agents, new-home sales still provide plenty of opportunities for intrepid Realtors, development specialist Hana Cha writes. Continue reading

More areas ID’d for redevelopment see big home-price gains

Investors in these lower-income “opportunity zones” receive tax incentives for improvements. And 2 in 5 of these neighborhoods saw a disproportionately large rise in home prices in late 2024. Continue reading

Why utopias fail and the ‘Ponzi scheme’ of new development

Michael Rodriguez, director of research at Smart Growth America, said that people have been building utopias for millennia, but the best cities are the ones that gradually evolve over time. Continue reading

Texas surged during COVID. Now, its luxury markets are being tested

Droves of people have flocked to Texas for new jobs, tax and affordability purposes, and political reasons, and the demand from this new class of wealthy buyers is stretching the state’s luxury inventory thin. Continue reading

California’s loathed ‘Mansion Tax’ falls flat in first full month in effect

Implemented in April on properties over $5 million, the ULA Tax was intended to bring in an average of $56 million in revenue per month to the city of L.A. During its first month, it brought in just $3.6 million. Continue reading