Phlegethon956
@phlegethon956.bsky.social
NYer in the real estate industry. I post about RE, stocks, and urban planning issues. Some soccer/football thrown in.
WSJ: America’s Most Successful Restaurant Chain Feeds a Dumpling Frenzy
Din Tai Fung’s large restaurants, rapid service and hand-folded soup dumplings make it chain with highest average sales in U.S.
Unlocked article:
archive.is/o9ATT
Din Tai Fung’s large restaurants, rapid service and hand-folded soup dumplings make it chain with highest average sales in U.S.
Unlocked article:
archive.is/o9ATT
October 27, 2025 at 2:48 PM
WSJ: America’s Most Successful Restaurant Chain Feeds a Dumpling Frenzy
Din Tai Fung’s large restaurants, rapid service and hand-folded soup dumplings make it chain with highest average sales in U.S.
Unlocked article:
archive.is/o9ATT
Din Tai Fung’s large restaurants, rapid service and hand-folded soup dumplings make it chain with highest average sales in U.S.
Unlocked article:
archive.is/o9ATT
TRD: NYC apartment construction plunges as 485x fails to deliver
Developers sideline projects while conversions pick up steam
Unlocked article:
archive.is/y7s02
Developers sideline projects while conversions pick up steam
Unlocked article:
archive.is/y7s02
September 15, 2025 at 2:39 PM
TRD: NYC apartment construction plunges as 485x fails to deliver
Developers sideline projects while conversions pick up steam
Unlocked article:
archive.is/y7s02
Developers sideline projects while conversions pick up steam
Unlocked article:
archive.is/y7s02
Bloomberg: A $340 Million New York Office Makeover Is Converting Boardrooms to Bedrooms
The city’s embrace of adaptive reuse projects is providing much-needed housing stock
Unlocked article:
archive.is/FPCq7
The city’s embrace of adaptive reuse projects is providing much-needed housing stock
Unlocked article:
archive.is/FPCq7
September 12, 2025 at 6:07 PM
Bloomberg: A $340 Million New York Office Makeover Is Converting Boardrooms to Bedrooms
The city’s embrace of adaptive reuse projects is providing much-needed housing stock
Unlocked article:
archive.is/FPCq7
The city’s embrace of adaptive reuse projects is providing much-needed housing stock
Unlocked article:
archive.is/FPCq7
WSJ: A Tiny Town Takes on a ‘Zombie Mall’ Giant
Rust, unmown grass and epic potholes mar Namdar Realty’s Pittsburgh Mills in Pennsylvania; building inspector writes 436 citations at once-thriving property
Unlocked article:
archive.is/jJIXg
Rust, unmown grass and epic potholes mar Namdar Realty’s Pittsburgh Mills in Pennsylvania; building inspector writes 436 citations at once-thriving property
Unlocked article:
archive.is/jJIXg
September 3, 2025 at 1:59 PM
WSJ: A Tiny Town Takes on a ‘Zombie Mall’ Giant
Rust, unmown grass and epic potholes mar Namdar Realty’s Pittsburgh Mills in Pennsylvania; building inspector writes 436 citations at once-thriving property
Unlocked article:
archive.is/jJIXg
Rust, unmown grass and epic potholes mar Namdar Realty’s Pittsburgh Mills in Pennsylvania; building inspector writes 436 citations at once-thriving property
Unlocked article:
archive.is/jJIXg
WSJ: A 1,225-Foot Sign of Life for San Francisco’s Office Comeback
AI companies drive a surge in leasing, sparking a bet on new development in the hard-hit city
Unlocked article:
archive.is/0sFU6
AI companies drive a surge in leasing, sparking a bet on new development in the hard-hit city
Unlocked article:
archive.is/0sFU6
September 2, 2025 at 2:34 PM
WSJ: A 1,225-Foot Sign of Life for San Francisco’s Office Comeback
AI companies drive a surge in leasing, sparking a bet on new development in the hard-hit city
Unlocked article:
archive.is/0sFU6
AI companies drive a surge in leasing, sparking a bet on new development in the hard-hit city
Unlocked article:
archive.is/0sFU6
Most Department Stores Are Leaving Malls. Dillard’s Is Buying One.
Fashion-apparel retailer and a partner pay $34 million for mall in Longview, Texas
Unlocked article:
archive.is/Ec07m
Fashion-apparel retailer and a partner pay $34 million for mall in Longview, Texas
Unlocked article:
archive.is/Ec07m
August 30, 2025 at 9:00 AM
Most Department Stores Are Leaving Malls. Dillard’s Is Buying One.
Fashion-apparel retailer and a partner pay $34 million for mall in Longview, Texas
Unlocked article:
archive.is/Ec07m
Fashion-apparel retailer and a partner pay $34 million for mall in Longview, Texas
Unlocked article:
archive.is/Ec07m
WSJ: Restaurants Clamor for Retail Space in New York City’s Sizzling Market
‘If you can vent it, you can rent it,’ landlords and brokers boast
Unlocked article:
archive.is/KKntk
‘If you can vent it, you can rent it,’ landlords and brokers boast
Unlocked article:
archive.is/KKntk
August 6, 2025 at 6:19 PM
WSJ: Restaurants Clamor for Retail Space in New York City’s Sizzling Market
‘If you can vent it, you can rent it,’ landlords and brokers boast
Unlocked article:
archive.is/KKntk
‘If you can vent it, you can rent it,’ landlords and brokers boast
Unlocked article:
archive.is/KKntk
WSJ: Mall Owner CBL Snaps Up New Batch of Mid-Tier Properties
Latest purchase of four malls signals continued strength of sector beyond high-end properties
Unlocked article:
archive.is/Hovbj
Latest purchase of four malls signals continued strength of sector beyond high-end properties
Unlocked article:
archive.is/Hovbj
August 4, 2025 at 1:41 PM
WSJ: Mall Owner CBL Snaps Up New Batch of Mid-Tier Properties
Latest purchase of four malls signals continued strength of sector beyond high-end properties
Unlocked article:
archive.is/Hovbj
Latest purchase of four malls signals continued strength of sector beyond high-end properties
Unlocked article:
archive.is/Hovbj
TRD: How the CMBS surge is fueling NYC’s biggest deals
Mix of asset classes scored last month’s top real estate loans
Unlocked article:
archive.is/RYaas
Mix of asset classes scored last month’s top real estate loans
Unlocked article:
archive.is/RYaas
July 28, 2025 at 3:20 PM
TRD: How the CMBS surge is fueling NYC’s biggest deals
Mix of asset classes scored last month’s top real estate loans
Unlocked article:
archive.is/RYaas
Mix of asset classes scored last month’s top real estate loans
Unlocked article:
archive.is/RYaas
WSJ: A Real-Estate Tycoon’s Loan Went Bad. Then They Came for His Ferraris and Fine Wine.
Charles Cohen personally guaranteed part of a half-billion loan, and now Fortress Investment wants to collect
Unlocked article:
archive.is/isvEM
Charles Cohen personally guaranteed part of a half-billion loan, and now Fortress Investment wants to collect
Unlocked article:
archive.is/isvEM
July 21, 2025 at 3:15 PM
WSJ: A Real-Estate Tycoon’s Loan Went Bad. Then They Came for His Ferraris and Fine Wine.
Charles Cohen personally guaranteed part of a half-billion loan, and now Fortress Investment wants to collect
Unlocked article:
archive.is/isvEM
Charles Cohen personally guaranteed part of a half-billion loan, and now Fortress Investment wants to collect
Unlocked article:
archive.is/isvEM
WSJ: Can the French Reinvent America’s Broken Department-Store Model?
Printemps New York is following the European department-store playbook of serving up enough to keep shoppers occupied far beyond the fitting room
Unlocked article:
www.msn.com/en-us/money/...
Printemps New York is following the European department-store playbook of serving up enough to keep shoppers occupied far beyond the fitting room
Unlocked article:
www.msn.com/en-us/money/...
July 14, 2025 at 6:08 PM
WSJ: Can the French Reinvent America’s Broken Department-Store Model?
Printemps New York is following the European department-store playbook of serving up enough to keep shoppers occupied far beyond the fitting room
Unlocked article:
www.msn.com/en-us/money/...
Printemps New York is following the European department-store playbook of serving up enough to keep shoppers occupied far beyond the fitting room
Unlocked article:
www.msn.com/en-us/money/...
WSJ: Saudi Fund Invests Hundreds of Millions in Proposed NYC Skyscraper
The Kingdom’s Public Investment Fund is teaming with New York developer Related Cos.
Unlocked article:
archive.is/F7K8J
The Kingdom’s Public Investment Fund is teaming with New York developer Related Cos.
Unlocked article:
archive.is/F7K8J
July 7, 2025 at 1:07 PM
WSJ: Saudi Fund Invests Hundreds of Millions in Proposed NYC Skyscraper
The Kingdom’s Public Investment Fund is teaming with New York developer Related Cos.
Unlocked article:
archive.is/F7K8J
The Kingdom’s Public Investment Fund is teaming with New York developer Related Cos.
Unlocked article:
archive.is/F7K8J
WSJ: Goldman Sachs Scraps Plans to Build Hotel Brand in Greece
The firm had big ambitions for three resorts with views of the Aegean Sea. It recently sold the properties, barely breaking even.
Unlocked article:
archive.is/2rKEu
The firm had big ambitions for three resorts with views of the Aegean Sea. It recently sold the properties, barely breaking even.
Unlocked article:
archive.is/2rKEu
July 2, 2025 at 2:53 PM
WSJ: Goldman Sachs Scraps Plans to Build Hotel Brand in Greece
The firm had big ambitions for three resorts with views of the Aegean Sea. It recently sold the properties, barely breaking even.
Unlocked article:
archive.is/2rKEu
The firm had big ambitions for three resorts with views of the Aegean Sea. It recently sold the properties, barely breaking even.
Unlocked article:
archive.is/2rKEu
WSJ: NYC Developers Gripped by Hysteria After Mamdani’s Sudden Rise
Landlords seek alternative candidate, look to incumbent mayor to blunt democratic socialist’s campaign
Unlocked article:
archive.is/Hja9P
Landlords seek alternative candidate, look to incumbent mayor to blunt democratic socialist’s campaign
Unlocked article:
archive.is/Hja9P
June 27, 2025 at 1:43 PM
WSJ: NYC Developers Gripped by Hysteria After Mamdani’s Sudden Rise
Landlords seek alternative candidate, look to incumbent mayor to blunt democratic socialist’s campaign
Unlocked article:
archive.is/Hja9P
Landlords seek alternative candidate, look to incumbent mayor to blunt democratic socialist’s campaign
Unlocked article:
archive.is/Hja9P
WSJ: $30 Minimum Wage Has L.A. Hotel Owners in Revolt
Industry seeks to suspend city ordinance requiring what union leaders call nation’s highest minimum wage
Unlocked article:
archive.is/f33KT
Industry seeks to suspend city ordinance requiring what union leaders call nation’s highest minimum wage
Unlocked article:
archive.is/f33KT
June 25, 2025 at 8:17 PM
WSJ: $30 Minimum Wage Has L.A. Hotel Owners in Revolt
Industry seeks to suspend city ordinance requiring what union leaders call nation’s highest minimum wage
Unlocked article:
archive.is/f33KT
Industry seeks to suspend city ordinance requiring what union leaders call nation’s highest minimum wage
Unlocked article:
archive.is/f33KT
GlobeSt: Hidden Risks in CRE Lending Threaten Banks and Investors
There are implications for investors in non-bank CRE lending funds.
Unlocked article:
archive.is/f7mMv
There are implications for investors in non-bank CRE lending funds.
Unlocked article:
archive.is/f7mMv
June 23, 2025 at 1:34 PM
GlobeSt: Hidden Risks in CRE Lending Threaten Banks and Investors
There are implications for investors in non-bank CRE lending funds.
Unlocked article:
archive.is/f7mMv
There are implications for investors in non-bank CRE lending funds.
Unlocked article:
archive.is/f7mMv
WSJ: Developers Are Finally Dealing With the Office-Oversupply Problem
Supply is on pace to contract for the first time in 25 years, as incentives help accelerate conversions to residential buildings
Unlocked article:
archive.is/Y5YQb
Supply is on pace to contract for the first time in 25 years, as incentives help accelerate conversions to residential buildings
Unlocked article:
archive.is/Y5YQb
June 18, 2025 at 1:16 PM
WSJ: Developers Are Finally Dealing With the Office-Oversupply Problem
Supply is on pace to contract for the first time in 25 years, as incentives help accelerate conversions to residential buildings
Unlocked article:
archive.is/Y5YQb
Supply is on pace to contract for the first time in 25 years, as incentives help accelerate conversions to residential buildings
Unlocked article:
archive.is/Y5YQb
WSJ: America’s Last Mall King Is Still in Charge, Even After a Deadly Diagnosis
David Simon is cutting back his working hours as he battles cancer, but he has never been one to give up control
Unlocked article:
archive.is/pxTBf
David Simon is cutting back his working hours as he battles cancer, but he has never been one to give up control
Unlocked article:
archive.is/pxTBf
June 16, 2025 at 2:49 PM
WSJ: America’s Last Mall King Is Still in Charge, Even After a Deadly Diagnosis
David Simon is cutting back his working hours as he battles cancer, but he has never been one to give up control
Unlocked article:
archive.is/pxTBf
David Simon is cutting back his working hours as he battles cancer, but he has never been one to give up control
Unlocked article:
archive.is/pxTBf
WSJ: Withdrawal Requests at Starwood Property Fund Are at $850 Million
Fund sold $1.6 billion worth of property from December to May to meet redemption requests
Unlocked article:
archive.is/Lz1W9
Fund sold $1.6 billion worth of property from December to May to meet redemption requests
Unlocked article:
archive.is/Lz1W9
June 11, 2025 at 2:15 PM
WSJ: Withdrawal Requests at Starwood Property Fund Are at $850 Million
Fund sold $1.6 billion worth of property from December to May to meet redemption requests
Unlocked article:
archive.is/Lz1W9
Fund sold $1.6 billion worth of property from December to May to meet redemption requests
Unlocked article:
archive.is/Lz1W9
WSJ: Chicago Pro Soccer Club Revives Delayed Megaproject With $650 Million Stadium
Chicago Fire to self-finance downtown stadium on land owned by developer Related
Unlocked article:
archive.is/KkrMB
Chicago Fire to self-finance downtown stadium on land owned by developer Related
Unlocked article:
archive.is/KkrMB
June 6, 2025 at 1:59 PM
WSJ: Chicago Pro Soccer Club Revives Delayed Megaproject With $650 Million Stadium
Chicago Fire to self-finance downtown stadium on land owned by developer Related
Unlocked article:
archive.is/KkrMB
Chicago Fire to self-finance downtown stadium on land owned by developer Related
Unlocked article:
archive.is/KkrMB
TRD: What doom loop? Wells Fargo sees ‘new cycle’ for SF offices
Commercial real estate transactions continue to climb the Bay and beyond
Unlocked article:
lnkd.in/dixyJh2W
Commercial real estate transactions continue to climb the Bay and beyond
Unlocked article:
lnkd.in/dixyJh2W
May 23, 2025 at 2:32 PM
TRD: What doom loop? Wells Fargo sees ‘new cycle’ for SF offices
Commercial real estate transactions continue to climb the Bay and beyond
Unlocked article:
lnkd.in/dixyJh2W
Commercial real estate transactions continue to climb the Bay and beyond
Unlocked article:
lnkd.in/dixyJh2W
WSJ: A Fire Sale of Portland’s Largest Office Tower Shows How Far the City Has Fallen
The once-premier building is now over half empty, reflecting how the Oregon city’s downtown is struggling with crime and other quality-of-life issues
Unlocked article:
archive.is/xH917
The once-premier building is now over half empty, reflecting how the Oregon city’s downtown is struggling with crime and other quality-of-life issues
Unlocked article:
archive.is/xH917
May 21, 2025 at 1:55 PM
WSJ: A Fire Sale of Portland’s Largest Office Tower Shows How Far the City Has Fallen
The once-premier building is now over half empty, reflecting how the Oregon city’s downtown is struggling with crime and other quality-of-life issues
Unlocked article:
archive.is/xH917
The once-premier building is now over half empty, reflecting how the Oregon city’s downtown is struggling with crime and other quality-of-life issues
Unlocked article:
archive.is/xH917
WSJ: America’s Commercial Real-Estate Pain Tests Bank That Built Its Fortunes on Skyscrapers
Bank OZK wants to diversify after long defending ultrahigh concentrations of commercial real estate
Unlocked article:
archive.is/z1Ozi
Bank OZK wants to diversify after long defending ultrahigh concentrations of commercial real estate
Unlocked article:
archive.is/z1Ozi
May 16, 2025 at 2:49 PM
WSJ: America’s Commercial Real-Estate Pain Tests Bank That Built Its Fortunes on Skyscrapers
Bank OZK wants to diversify after long defending ultrahigh concentrations of commercial real estate
Unlocked article:
archive.is/z1Ozi
Bank OZK wants to diversify after long defending ultrahigh concentrations of commercial real estate
Unlocked article:
archive.is/z1Ozi
WSJ: Live Nation Buys Into $5 Billion Master Plan to Revive Atlanta’s Downtown
Concert promoter has committed to lease a 5,300-seat entertainment venue at Centennial Yards
Unlocked article:
archive.is/xd46f
Concert promoter has committed to lease a 5,300-seat entertainment venue at Centennial Yards
Unlocked article:
archive.is/xd46f
May 14, 2025 at 2:01 PM
WSJ: Live Nation Buys Into $5 Billion Master Plan to Revive Atlanta’s Downtown
Concert promoter has committed to lease a 5,300-seat entertainment venue at Centennial Yards
Unlocked article:
archive.is/xd46f
Concert promoter has committed to lease a 5,300-seat entertainment venue at Centennial Yards
Unlocked article:
archive.is/xd46f
WSJ: The Rest of the Year Isn’t Looking Good for the Retail Property Market
Rebound is fizzling amid store-chain bankruptcies and tariff concerns
Unlocked article follows:
archive.is/9CM2D
Rebound is fizzling amid store-chain bankruptcies and tariff concerns
Unlocked article follows:
archive.is/9CM2D
May 12, 2025 at 2:25 PM
WSJ: The Rest of the Year Isn’t Looking Good for the Retail Property Market
Rebound is fizzling amid store-chain bankruptcies and tariff concerns
Unlocked article follows:
archive.is/9CM2D
Rebound is fizzling amid store-chain bankruptcies and tariff concerns
Unlocked article follows:
archive.is/9CM2D