Stuart Elliott

Money, power, real estate, stuff.

Editor-in-chief at out

[Stuart Elliott @StuartwElliott]

Macy's to develop TV series around @JulieSatow's book. Hortense, Dorothy and Geraldine will be brought to life on the small screen!
https://t.co/spWnkDfNZe

[Stuart Elliott @StuartwElliott]

The worst team in New York becomes the best team.
That's why it's so emotional. Go Knicks!!

[Stuart Elliott @StuartwElliott]

Trump wants more ICE (in Minnesota) and more ice (in Greenland). As a real estate player who would always squeeze as much out of a deal as he can, I think NATO should realize he will come back for more if they fold.
https://t.co/VOwDIZeNbt

[Stuart Elliott @StuartwElliott]

Trump pardoning a fraudster for the second time today…while opening an investigation into Fed chair Jerome Powell...
Like the woman filming the ICE agent killing Renee Good shouted: “Shame”
Presidential pardons shouldn’t exist, period.
The Fed should be independent from presidential influence, period.
Doesn’t matter who is president, Republican or Democrat. So important to our democracy. Glad Powell has a lot of allies on both sides of the aisle.
https://t.co/nWNIeAqcNW

[Stuart Elliott @StuartwElliott]

$129M condo sale at 80 Clarkson - biggest home sale in Manhattan in a long time, and biggest ever Downtown. Scoop from our @sheridanlwall and @indurskyjake https://t.co/q2zHrcR14f

[Stuart Elliott @StuartwElliott]

The two displayed a surprising amount of warmth toward each other, given that Trump has referred to Mamdani as a “communist lunatic” and stoked fears that he would deploy National Guard officers in the
city....Some good color on the Trump/Mamdani meeting and what it could mean for real estate, from @katiebrenzel
https://t.co/5PX6DifKyW

[Stuart Elliott @StuartwElliott]

Signs of a “Mamdani discount” in NYC real estate?
Not yet, @sheridanlwall reports
https://t.co/TmoaylxVde

[Stuart Elliott @StuartwElliott]

The California politician who has been behind alot of the pro-housing push in that state is now looking to fill Nancy Pelosi's seat in Congress. It could help lead to a growing YIMBY push at the federal level to build more housing - something that was unthinkable a few years ago, @TopherJNeely reports.
https://t.co/saRYav4RZ6

[Stuart Elliott @StuartwElliott]

270 Park Arrives in Mamdani’s New York: This architecture review of JP Morgan’s new HQ building - which looks like a massive spaceship landed in Midtown - perfectly illustrates the tug-of-war between capitalism and socialism the city is about to see. NYC is probably going to be a laboratory of both good and very terrible ideas. Can’t remember a time like this in the city.
https://t.co/URGnSB6AuA

[Stuart Elliott @StuartwElliott]

Which NYC neighborhoods saw the biggest profits for home sellers?  TRD Data broke down where the biggest returns were in the last quarter. Two very different neighborhoods - Crown Heights and Hudson Yards - led the way.  Check out the results.
https://t.co/yIYwFXgTKV

[Stuart Elliott @StuartwElliott]

Election Day is nigh! We are watching the races that will have the biggest impact on real estate: NYC mayor (of course), NJ gov, Miami mayor, Miami Beach mayor and a bunch of ballot measures. Check out our breakdown here:
https://t.co/KPFed29ZOR

[Stuart Elliott @StuartwElliott]

From David Brooks column today: A healthy democracy is about persuasion, not about imposing your ideas on the other side. Whether it's wokeism or trumpism, we are long on shouting and fighting and short on convincing. How do we bring back any sense of dialogue? We have to. https://t.co/Ti6aRYG6e4

[Stuart Elliott @StuartwElliott]

It used to be that 3-D printed homes were a novelty, created by tech startups in Austin and only found in the "Silicon Hills" there. Now they are starting to spread across the country - being looked at for fire rebuilding areas in LA, and now in South Florida. @LidiaDinkova reports on homebuilding giant Lennar’s proposal in Miami-Dade.
https://t.co/ns2T4xzdmz

[Stuart Elliott @StuartwElliott]

Is it me or does JP Morgan's new HQ look like a giant slot machine when it's lit up at night? The massive building, which will be home to 10K employees, has its official opening today.
https://t.co/7AxXKiEUd0

[Stuart Elliott @StuartwElliott]

‘Getting to a yes first, and hashing out the details later’… 60 Minutes interview last night with Steve Witkoff and Jared Kuhsner on how they used their real estate dealmaking skills to broker a Gaza ceasefire.
https://t.co/jKAvqcVuE1

[Stuart Elliott @StuartwElliott]

Democrat or Republican, from Marc Rich under Clinton to George Santos under Trump, presidential pardons make no sense in our system. We need to get rid of them.

[Stuart Elliott @StuartwElliott]

Did it make sense to buy a condo in Manhattan in the last 10 years? Maybe not. @indurskyjake has a report looking at how investors in NYC real estate did.
https://t.co/ZzKillVfdx

[Stuart Elliott @StuartwElliott]

How pragmatic will Mamdani be? TRD's @lilah_burke explores how responsive the (likely) next mayor might be to the troubles facing real estate, even factoring in a rent freeze.
https://t.co/w2j64FVUv1

[Stuart Elliott @StuartwElliott]

Column by @erik_engquist on the 'silver bullet' solution to the anemic housing market. For people that want to buy a property but don't want a higher mortgage rate. OK, maybe it's not that simple, but a novel unexplored idea. https://t.co/zJigRsGdpc

[Stuart Elliott @StuartwElliott]

Pretty crazy to have three NYC real estate developers (kushner, witkoff, trump) at center of the Gaza piece deal. Some explanation: “A lot of the people who do this are history professors, because they have a lot of experience, or diplomats,” Jared Kushner said. “It’s just different being deal guys — just a different sport.”
https://t.co/Xc1FgCpHrS

[Stuart Elliott @StuartwElliott]

Do landlords have much control when it comes to ICE raids? “The bottom line is, there is not much a landlord can do as it relates to police conduct within their building.” Check out story by @_emma_whalen
https://t.co/nurniL0Cyn