What happens when there aren't enough kids to fill America's schools?
Increasingly, the answer is housing.
Nearly 9,000 apartments are planned inside former schools. 📍#TRDData's @mcdiduch mapped where. 👇
https://t.co/TotvMFyoVA
Even in the face of climbing inflation, rising energy prices and geopolitical conflict, buyers & sellers are adapting to economic uncertainty as more home sales crossed the finish line in June & the median sale price hit a record high. My analysis, here:
https://t.co/u4WeCLwyLt
Americans are having fewer children than ever, which leaves municipalities with a puzzling question: what to do with schools that no longer have kids to fill them?
https://t.co/lOuLbxrwbQ
Home flipping in New York City is already getting less profitable. A proposed state tax could squeeze margins even further.
The bill from State Senator Julia Salazar and Assembly member Catalina Cruz comes as NYC-area flips fell 2.8% year over year and statewide gross profits plunged 24.6% in the first quarter. 🧵 (1/5)
The first rent freeze lawsuit is here.
A group of landlords filed suit this morning over the RGB's June decision to freeze rents in rent-stabilized apartments. More: https://t.co/wqSxhX7C9a
Mortgage rates have climbed steadily for five months, but they’re still below where they stood a year ago. Nowhere is that more apparent than in the South.
https://t.co/OPEAIvjAF2
The Hamptons cottage is disappearing. Watch as @JonathanMiller explains how record Wall Street paydays and soaring land values are making small homes economically obsolete, replaced by ever-larger estates.
The Shabsels brothers’ summer camp empire is about to be carved up, piece by piece — and $100 million in high-cost merchant cash advance loans may have marked the beginning of the end.
Inside the spectacular collapse, and who could walk away with its most valuable camps, at the link below.
One Manhattan neighborhood is running out of homes faster than any other. @mcdiduch analyzed @jonathanmiller data and found Midtown West led the borough in shrinking condo and co-op inventory as listings across Manhattan fell 14% year over year.
David Zaslav wants to buy the summer camp his kids attended. @TheKeithLarsen reports the Warner Bros. Discovery CEO made a $68M bid for Mohawk Day Camp as its bankrupt parent company auctions off its camp empire.
https://t.co/Oq8JEdhwvH
ICYMI: For this week's Data Drop newsletter, a look at REIT performance so far this year, Manhattan's co-op market and where Manhattan's housing inventory fell the most. Sign up if you haven't! Out every Thursday. https://t.co/eDxQ6MGWxV
"There's no inventory." That's what Manhattan resi brokers keep telling me. I took a look at just how much listings have fallen in the borough, and where. https://t.co/HSxq3X2cqE
2026 has been the year of REITs.
In the H1, REITs outperformed the broader market and showed better performance than they did in all of 2025.
@mcdiduch dives into the numbers – and what’s driving them – at the link below.
https://t.co/rYEFzd6KLW
Real estate investment trusts in the first half of the year outperformed the broader market as interest rates remain elevated, largely thanks to strong operating fundamentals.
https://t.co/m95Rb0PZst
ICYMI: Here's last week's Data Drop newsletter where we tracking office-to-resi conversions in NYC, look at the off-market luxury housing boom in the Bay Area and more. https://t.co/IIZ39Yk6eL
Structural failures at the former Pfizer HQ have @NYCCouncil members questioning whether the city needs tougher construction oversight.
@vmmaloney, who reps the area, told me she's looking to “modernize” city regs to prevent future incidents:
https://t.co/7X84ifefeB