"Clearly, we look close and every day on the situation. It has a direct impact on store opening and store performance because there's not many tourists or less tourists shopping." - Daniel Grieder, CEO of Hugo Boss.
The largest recorded residential sale in New York City was on Billionaires' Row, where a condo at 157 West 57th Street changed hands for $26 million. The four-bedroom pad has four and a half bathrooms and spans nearly 4,500 square feet; the sale works out to roughly $5,800 per square foot. Its last asking price appears to have been $29.5 million.
Following my career in finance and real estate, it became clear to me that the nuances of the market in 30A, from unique geography to diverse supply and more, was underserved by the generic valuation models available to consumers, and was in many cases leading to confusion for clients.
The market is considered balanced, and prices vary depending on factors like location and amenities. Price trends: The average sale price for condos in Beacon Hill saw an increase in 2025 compared to previous years. Time on market: In October 2025, Beacon Hill condos spent an average of 100.9 days on the market. List-to-sale ratio: In October 2025, condos sold for an average of 96% of their asking price.
The French luxury goods house, which owns brands like Balenciaga, Gucci, and Yves Saint Laurent, reported 3.42 billion euros ($3.97 billion) in group revenue, down 5% year-over-year (YOY) compared to a 15% drop in quarter-two. It also beat Wall Street's estimate of a 9.6% decline, according to consensus estimates cited by Reuters. Kering attributed the reduced revenue YOY, in part, to a negative currency effect of 5%.
Santa Fe is a premium example of refined living, where centuries-old heritage meets contemporary luxury, said Pamela Liebman, president and CEO of The Corcoran Group. Establishing Corcoran Plaza Properties in this market is a strategic milestone for our brand. The city's allure, its architectural elegance, cultural diversity and breathtaking natural surroundings have long attracted discerning buyers seeking more than just a home.
This acquisition of an iconic asset offers us a presence in a global gateway city and will create a conduit for Wynn guests to visit our resorts, particularly Wynn Al Marjan Island, which is slated to open in the first quarter of 2027 in Ras Al Khaimah in the United Arab Emirates.
Los Angeles is experiencing a challenging real estate landscape, influenced by tariffs and a major rebuilding effort post-fires, with industrial leasing stagnant and sales sharply declining.
