CoStar Financial News

When viewed through a wide lens, renters across the U.S. finally appear to be getting some relief, thanks in part to the biggest apartment construction boom in decades

Ariana Grande and Ethan Slater has blossomed on the set of the two-part musical movie adaptation, «Wicked,» filming in London since December 2022. Despite their love for each other, Slater's close friends are expressing concerns about the relationship, as published in an exclusive report to US Weekly. While working together on the movie, Grande, 30, and Slater, 31, found themselves drawn to each other. Their connection grew stronger, and they became «very much in love,» according to an insider. However, Slater's friends are cautious about the impact the relationship may have on him. As their feelings for each other developed, Grande and Slater didn't attempt to hide their affection while on set. The source disclosed that the pair was seen holding hands between takes, displaying their emotions openly before their costars.

For over a century in New York, commercial-property investors have carved up the value of the city’s skyscrapers by separating the land from the building and trading the pieces separately. But now, in the midst of one of the worst office downturns since World War II, that practice is escalating disputes between the owners of the different pieces. Under ground-lease arrangements, the building operator pays rent to the owner of the land.

Sales of rental apartment buildings are falling at the fastest rate since the subprime-mortgage crisis, a sign that higher interest rates, regional banking turmoil and slowing rent growth are undercutting demand for these buildings.

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