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Building Boom on Mykonos Reveals ‘Wretched’ Side of Greece’s Recovery

Well-heeled vacationers descended from luxury hotels into the gleaming labyrinth of Mykonos’s historic old town on a recent evening, ogling gold jewelry and heading to bars offering pricey bottles of […]







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Late-Night Negotiating Frenzy Left First Republic in JPMorgan’s Control

Lawmakers and regulators have spent years erecting laws and rules meant to limit the power and size of the largest U.S. banks. But those efforts were cast aside in a […]




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After First Republic Collapse, Is the Worst of the Banking Crisis Over?

Is the worst of the banking crisis over? It may seem a strange question to pose so shortly after the collapse of First Republic Bank, the second-largest such failure in […]




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Stress Builds as Office Building Owners and Lenders Haggle Over Debt

A real estate investment fund recently defaulted on $750 million of mortgages for two Los Angeles skyscrapers. A private equity firm slashed the value of its investment in the Willis […]




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Regional U.S. Banks Say the Crisis Is Contained but Fears Persist

The white-collar remote work revolution may permanently reshape the office market, bankers said. “Office is going to be really a challenged for quite a few years, and it has a […]




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As Mental Health Crisis Grows, More Doors Open to Care

The pandemic and its lockdowns accelerated a mental health crisis in the United States, leaving treatment providers racing to keep up with the growing demand for care.The need is acute: […]




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Do We Know How Many People Are Working From Home?

Millions of workers, employers, square feet of real estate and dollars of downtown economic retail are wrapped up in the question of how many people are working from home — […]




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Bank Crisis Could Cast Pall Over Commercial Real Estate Market

The fallout from the recent banking crisis spurred by the collapse of two banks — and concerns about the health of a third — is bubbling up in the market […]




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By Adding Apartments, Malls Seek to Bring Shopping Closer to Home

The Westlake Shopping Center, which opened in the 1950s in Daly City, Calif., is one of the first modern malls in the country. Over the past seven decades, it has […]