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 JordanProperty News
Property News reports the market as it moves: sale prices confirmed, planning applications decided, mortgage rates repriced, projects delayed or approved. Items are short, dated and sourced to filings, registries or the parties involved. Read by agents, developers and owners who need the week's changes without waiting for a quarterly summary.
A running record of the property market: notable sales, planning approvals and refusals, mortgage rate changes and the developments breaking ground.
How a 1970s tax credit is turning old offices into homes
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
The September deadline quietly reshaping where housing investment goes
David Jordan
A buyer's playbook for a cooling market
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
Why downtown apartments are getting cheaper
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
Fannie Mae earned $14.4 billion last year, and your mortgage quietly depends on it
The FHFA's annual report to Congress on the housing GSEs shows the machinery behind half of American mortgages — and the policy fight over what happens next.
Peter Almeida
Downtown Pittsburgh's next conversion breaks ground: 39 apartments on Smithfield
A nearly $30 million office-to-residential conversion on Smithfield Street adds 39 affordable homes to the Golden Triangle — the latest in Pennsylvania's state-backed conversion push.
David Jordan
Why cities are quietly rezoning single-family lots
Minneapolis, Portland, California, and dozens more have unlocked house-scale multi-family building — the biggest zoning shift in seventy years, and homeowners hold the options.
David Jordan
Listings are piling up. What growing inventory actually means for buyers
Active listings rose about 8 percent year over year into early 2026 — the quiet statistic that decides negotiating power this spring.
David Jordan
Home sales bounced back in February as listings kept piling up
Existing-home sales rose 1.7 percent to a 4.09 million annual pace in February 2026 — an unexpected increase that analysts read as January overshooting the downside.
David Jordan