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H&M closing two big Manhattan stores in setback for city’s retail scene
The shutdowns are part of Swedish-owned H&M’s plan to close about 200 of more than 4,300 stores it operates globally as part of a cost-cutting effort.

Why homebuyers may have better luck with new constructions in these 2 regions
The price gap between new and existing homes just hit a record third-quarter low, and builders are doubling down with incentives that lower mortgage rates and reduce upfront costs.

Florida developer Robert Rivani has snagged a discounted Palm Island estate for $23M
Rivani plans to launch a massive gut-renovation of the property to create a “South of France” style estate, we hear.

America’s most celebrated architect designed only 3 homes in this state — and 1 of them just sold
Known as Westhope, the residence bears a striking departure from the designer’s typical style of the era.

An $11.5M penthouse with wide Central Park views is the priciest now for sale in this NYC nabe
This uptown Manhattan neighborhood continues to go up and up.

As NYC’s historic Roosevelt Hotel site sits in limbo, Morgan Stanley team poised to become new financial adviser: sources
The 1,000-room Roosevelt Hotel has been vacant since the city in June terminated a contract with PIA to use it as a migrant shelter.

New York Giant Russell Wilson eyed a $30M Gilded Age mansion — one of very few remaining in NYC
New York Giants backup quarterback Russell Wilson recently toured a Gilded Age mansion on the Upper West Side that’s on the market for $29.75 million — far less than its $50 million asking price in 2013. The house hunt comes shortly after Russell signed a one-year, $10.5 million contract with the Giants earlier this month, after just one…

NYC leads the US in office-to-residential conversions — with thousands of homes to flood 1 famous nabe
A new RentCafe report shows one 9-to-5, and very touristy, neighborhood stands to become quite the residential hot spot.

NYC childhood home of an infamous crime lord has sold for $5.82M: ‘Everyone thought it was super cool’
The mobster moved to the home in the early 1900s — and would go on to join the local Five Points Gang.

Italian soccer legend Alessandro Nesta is buying 3 homes inside Miami Beach’s tallest tower
There’s no soccer field, but Five Park Miami Beach certainly delivers other goals when it comes to luxury living.

Can Deutsche Bank Center and Masa return to former glory?
Other dining venues have come and went at the Deutsche Bank Center’s shopping and dining mall, but Masa helped to lend the complex culinary creds even among New Yorkers who disdain malls.

Inside the secret Fla. neighborhood luring celebs, billionaires with military guards and jaw-dropping mansions
An exclusive community in southern Florida is proving itself to be a rising power player in the luxury housing market, going toe-to-toe against the likes of Palm Beach and Miami.