New York City’s real estate community is bracing for change. The expected victory of Zohran Mamdani, the Democratic socialist assemblyman from Queens, is sparking anxiety across the industry. His campaign promises expanded rent regulations, higher corporate taxes, and...
The Federal Reserve just cut interest rates for the second time this year, lowering its benchmark rate to a range between 3.75% and 4% — the lowest in three years. The move signals growing concern that the labor market is cooling faster than expected, even as...
If 2024 was defined by stabilization, 2025 and 2026 are shaping up to test the entire development ecosystem again — not because of rate hikes or labor shortages, but because of something more structural: tariffs and insurance costs.Both forces are quietly reshaping...
A shutdown that says more about who we’ve become than who’s to blameThe federal government shutdown is drifting into its fourth week, and you can feel the fatigue setting in. It started on October 1st — the usual mix of gridlock and grandstanding — but this one feels...
We often talk about national trends in economic growth and decline as though the U.S. were one monolithic entity. But once you peel back the layers, you realize the story is far more regional—and, in many cases, far more concerning. According to Mark Zandi, Chief...
The headlines love to write off Los Angeles — traffic, taxes, politics, and “everyone’s leaving.” But on the ground, something very different is happening.A quiet industrial and technological transformation is reshaping Southern California, and the data shows it’s...
