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A look at the power, money and politics behind building the Freedom Tower that has delayed its completion: “The PA is run by a board of twelve unpaid commissioners, six appointed by New York’s governor, six by New Jersey’s. Traditionally, the board chair is a New Jersey commissioner, and the executive director — effectively the […]

An FBI spokesperson says that for the time being the agency is not commenting on the case. But already the investigation has provided a window into yet another layer of corruption that took place amid the national housing boom and its subsequent hangover—a period that saw a surge in real estate malfeasance of every imaginable […]

If you’ve been in Park Slope recently, you can probably guess how things turned out for the Lehane house. But you may not know why. How did the Brooklyn of the Lehanes and crack houses turn into what it is today—home to celebrities like Maggie Gyllenhaal and Adrian Grenier, to Michelin-starred chefs, and to more […]

Kare’s first assignment was developing fonts for the Mac OS. At the time, digital typefaces were monospaced, meaning that both a narrow I and a broad M were wedged into the same bitmapped real estate — a vestigial legacy of the way that a typewriter platen advances, one space at a time. Jobs was determined […]

New York didn’t invent the apartment. Shopkeepers in ancient Rome lived above the store, Chinese clans crowded into multistory circular tulou, and sixteenth-century Yemenites lived in the mud-brick skyscrapers of Shibam. But New York re-invented the apartment many times over, developing the airborne slice of real estate into a symbol of exquisite urbanity. Sure, we […]

Two of Wall Street’s savviest value investors, Bruce Berkowitz and David Einhorn, pride themselves on their rigorous analysis. Now they’re locked in a scorched-earth dispute over the value of some Florida real estate. How could they look at the same facts and reach such wildly different conclusions, and what does that say about the “value” […]