Why independent brokerages may have the advantage in real estate’s next chapter
The real estate industry has never lacked for uncertainty. But if there was a prevailing message from a panel of brokerage leaders moderated by Paul Boomsma, president and CEO of Leading Real Estate Companies of the World (LeadingRE), it’s that perspective matters. For brokerage leaders navigating c
Reported layoffs at Morgan Stanley hit mortgage and wealth management units
Morgan Stanley’s reported layoff of about 3% of its workforce — roughly 2,500 employees — is affecting some staff working on mortgage origination services for wealth management clients. The bank is cutting positions across its estimated 83,000-employee global workforce due to shifts in business prio
New York’s housing crisis won’t be solved by one mega-project
New York City Mayor Zohran Mamdani’s attempt to revive an old plan to build 12,000 affordable units over a borough railyard is seen as a long shot, even if he gains support from President Trump. Mamdani has garnered headline attention for proposing to build units on a platform above Sunnyside Yard,
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