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DoorDash SevenRooms
May 6, 2025
Featured

DoorDash said it struck a $1.2 billion cash deal to buy closely held software concern SevenRooms, whose technology helps hotels and restaurants manage reservations.

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NYC Office
May 2, 2025
Featured

Office demand in New York is back at pre-pandemic levels, with 7.9 million square feet of office space in Manhattan leased in Q1.

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Marriott citizenM
May 1, 2025
Featured

Marriott International has reached an agreement to acquire the select-service lifestyle brand citizenM for $355 million. The citizenM global portfolio currently consists of 36 open hotels comprising 8,544 rooms across more than 20 cities in the U.S., Europe and Asia Pacific.

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Homeowners Insurance
April 29, 2025
Featured

Homeowner insurance premiums increased about 33% on average from 2020 to 2023. The more likely a home is considered to have a higher disaster risk, the more those homeowners pay — about $500 more per year in 2023 than those who don’t live in a place considered a high-risk disaster area.

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Chicago Vacancy
April 28, 2025
Featured

Office utilization in River North is about 48% of its 2019 level. That compares with an average of 55% in Chicago’s central business district and 62% nationally.

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FL Condos
April 24, 2025
Featured

The costs associated with owning a Florida condo have exploded. A combination of insurance increases, special assessments and limited financing options have elevated costs and sparked a wave of sales, flooding the market and straining prices. Condo prices in the state of Florida overall have fallen between 1% and 6% each month annually since July 2024.

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Household Wealth
April 23, 2025
Economy

A household in the top 0.1%—roughly 133,000 households each worth at least $46.3 million—accumulated an average $3.4 million a year since the third quarter of 1990, in 2024 dollars. In comparison, the wealth of the rest of the top 1%—roughly 1.2 million households each worth at least $11.2 million—grew by an average $450,000 per household, per year.

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DJIA
April 22, 2025
Economy

The Dow Jones Industrial Average shed almost 1,000 points on Monday and is headed for its worst April performance since 1932. The S&P 500’s performance since Inauguration Day is now the worst for any president up to this point in data going back to 1928.

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