
The Waldorf Astoria reopened after eight years, and now people live there
New York's 1931 Park Avenue landmark returned in 2025 from a multi-year restoration as 375 hotel rooms and, for the first time, 375 private residences above them.
David JordanA running record of the property market: notable sales, planning approvals and refusals, mortgage rate changes and the developments breaking ground.

New York's 1931 Park Avenue landmark returned in 2025 from a multi-year restoration as 375 hotel rooms and, for the first time, 375 private residences above them.
David Jordan
The federal historic tax credit only covers 20 percent of qualified rehab costs, but it's become the financing backbone behind hundreds of thousands of apartments carved out of old buildings.
David Jordan

Flat prices, growing inventory, and patient sellers are back for the first time in years — here is how to use the leverage without waiting yourself out of a good home.
David Jordan
The remote-work era quietly re-priced city centers: new towers delivered into softer demand, and the rents followed — with the exceptions that prove the map.
Peter Almeida