Office
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Business
Cities Face Cutbacks as Commercial Real Estate Prices Tumble
In San Francisco, a 20-story office tower that sold for $146 million a decade ago was listed in December for just $80 million. In Chicago, a 200,000-square-foot-office building in the city’s Clybourn Corridor that sold in 2004 for nearly $90 million ...
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World
The Supreme Court Just Erased Part of the Constitution
As of Monday, March 4, 2024, Section 3 of the 14th Amendment of the Constitution is essentially a dead letter, at least as it applies to candidates for federal office. Under the U.S. Supreme Court’s ruling that reversed the Colorado Supreme Court’s ...
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World
Migration From South America Through the Perilous Darién Gap Resumes
On Friday, boat companies began operating in Colombia after a five-day pause, allowing migrants to once again make their way through the notorious jungle terrain and continue toward the U.S. border.
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World
F.B.I. Searches Houses Owned by Adams’s Asian Affairs Adviser
Federal agents descended on at least two properties owned by the adviser, Winnie Greco, who was a prominent fund-raiser for Mayor Eric Adams’s campaign.
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Business
Corner Offices Are Out; Collaboration Is In. Say Hello to the New Law Firm.
In January, the law firm Crowell & Moring traded its New York offices in an early 1980s building in Midtown Manhattan for a newly built space on the West Side, with sweeping views of the Hudson River and New York Harbor. But the move was not just ...
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Business
‘Zombie Offices’ Spell Trouble for Some Banks
Bank tremors serve as a reminder: Just because a crisis hasn’t hit immediately doesn’t mean commercial real estate pain isn’t coming.
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World
Commercial Real Estate Is in Trouble. Here’s What to Focus On.
When Jerome Powell, the chair of the Federal Reserve, appeared on “60 Minutes” this past weekend, he said he wasn’t super-worried about the risk of a banking crisis triggered by defaults on office buildings and downtown retail. While acknowledging ...
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World
A Legal Outsider, an Offbeat Theory and the Fate of the 2024 Election
When the Supreme Court considers whether Donald J. Trump is barred from appearing on Colorado’s ballot, a professor’s scholarship, long relegated to the fringes, will take center stage.
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World
Allegations Against Prosecutors Bolster Trump’s Criticism of Georgia Case
A defendant in the case has accused the district attorney in charge of it and a special prosecutor she hired of being romantic partners, saying the case should be dismissed.
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World
Filing in Georgia Trump Case Claims ‘Improper’ Relationship Between Prosecutors
A defendant in the election interference case is arguing that the district attorney overseeing it and a special prosecutor she hired should be disqualified.