January 27, 2025 - 12:19

Vornado has redeveloped millions of square feet in Manhattan's Penn District into state-of-the-art office and propitious retail space. This ambitious transformation aims to breathe new life into a historically bustling area, positioning it as a prime destination for both businesses and shoppers alike.
The redevelopment includes modern amenities and innovative design, catering to the needs of today’s workforce while attracting a diverse range of retailers. With a focus on creating an engaging environment, the new Penn District promises to offer a vibrant mix of shopping, dining, and entertainment options.
As the retail landscape continues to evolve, the Penn District stands out as a beacon of opportunity. The influx of high-quality spaces is expected to draw not only established brands but also emerging retailers looking to capitalize on the area's revitalization. This transformation could redefine the shopping experience in Manhattan, making it a key player in the city's retail ecosystem.
January 29, 2026 - 06:13
New York Real Estate Trusts Dip on Mamdani Wealth Tax PlanShares in several major New York City real estate investment trusts (REITs) experienced notable declines following the release of Mayor Eric Adams`s budget proposal. The market reaction is tied...
January 28, 2026 - 21:17
Michael Shvo has been face of SF’s Pyramid. Do investors want him out?The future operational control of San Francisco`s most iconic skyscraper, the Transamerica Pyramid, is under scrutiny. While the landmark building has undergone a celebrated renovation and...
January 28, 2026 - 10:30
The Pendulum Swings: Bold Expression Replaces Quiet Luxury in High-End HomesThe era of understated `quiet luxury` is giving way to a new age of expressive opulence in the global real estate market, according to a newly released trend forecast. The shift signals a dramatic...
January 27, 2026 - 18:48
Marquis Who's Who Honors Lois Kenney for Expertise in Real Estate FinancingLois Kenney, a highly respected loan officer with more than two decades of experience, has been honored by Marquis Who`s Who for her exceptional expertise in real estate financing. This prestigious...