LOS ANGELES — Television City, one of the most famous studios in the entertainment industry where generations of TV shows have been created, is expected to hit the market again as its owner grapples with debt.

It's the latest sign of distress in Hollywood as the film and TV industry struggles from a sharp falloff in production activity across...Read more

The fast-rising costs of owning a home have some young Americans questioning whether buying a house is still a good investment.

Take Tony Zhang, 34, who bought a $950,000 townhouse in Irvine, California, in 2021 and says he now regrets it. The supply-chain manager says investing his down payment of roughly 30% in the stock market instead would...Read more

SEATTLE Jorge Aranda and Mattie Gottbrath are at a crossroads. The couple want to have children one day, but to do so they may have to leave the city they love.

“We constantly ask ourselves whether we can live in Seattle long term, let alone with a kid,” said Aranda, 29.

The couple moved from St. Louis, Missouri, to Seattle in early 2023, ...Read more

BALTIMORE — A Baltimore judge has ordered Westminster Management, the property management arm of Kushner Companies, to pay more than $4.17 million to thousands of Maryland tenants after finding the company illegally charged excessive late-payment and court-related fees for years.

In a ruling issued Tuesday, Baltimore City Circuit Judge Paul J...Read more

Polymarket is seeking regulatory approval to offer margin trading in the US, a move that would let users bet on events with less capital upfront and help the prediction market platform attract more sophisticated traders.

The company filed an application to operate as a futures commission merchant through its affiliate, Coming Home GBA LLC, ...Read more

Downtown Seattle may be sending strong “we’re back” vibes during its World Cup star turn. But downtown's economic engine is still stuck on the sidelines.

Nearly 37% of the downtown Seattle office space is vacant — the most of any major U.S. downtown, according to real estate brokerage Cushman & Wakefield.

Iconic office towers like the ...Read more

Inside a factory alongside Interstate 5 in the San Joaquin Valley, a forklift delivered a stack of precut lumber to two waiting carpenters.

Consulting a design on a computer screen, the workers arranged the numbered pieces — from 14 inches to 12 feet long — into a grid on an oversize worktable and attached them with rapid nail gun blasts. ...Read more

AI-focused tech firms are stepping up searches for office space, and New York and San Francisco won’t be the only cities to benefit from their fast expansion.

Building tours by prospective AI tenants in the U.S. jumped 85% in the year through May, according to commercial-property data provider VTS. Searches are highly concentrated in ...Read more

San Jose is home to the first accessory dwelling unit sold as a separately owned condo in California, city officials said, setting a potential template for a more affordable path to homeownership. But a lengthy rollout raises questions about whether the model can become a scalable solution to the state’s housing crisis — the sale comes more ...Read more

Christopher Bejnar has spent the last couple of months combing through the fine print of exchange-traded funds, emailing financial advisers and moving money into European stocks — all to keep SpaceX out of his $1 million portfolio.

As Elon Musk’s newest public company heads into Nasdaq’s stock indexes this week, the 46-year-old software ...Read more

Few investments have divided investors as sharply as cryptocurrency.

To some, it’s the future of finance and a once-in-a-generation opportunity to build wealth. To others, it’s a speculative asset that has yet to earn a place in a long-term retirement portfolio.

Now, Pennsylvania has added a new wrinkle to the debate.

The state recently ...Read more

LOS ANGELES -- Diego Cano-Lasso had been looking for an architectural project when he found two hillside lots with spectacular views for sale in Mt. Washington. With work scarce in 2012, the SCI-Arc graduate persuaded his family to invest in the property, and together they bought the two plots for $95,000.

“We are not developers,” he says, ...Read more

Surcharges that California homeowners have been hit with statewide by insurers defraying the costs of Los Angeles County's wildfires were ruled legal in a decision released late Tuesday.

L.A. County Superior Court Judge Tiana Murillo turned down a petition by advocacy group Consumer Watchdog to halt the charges, which insurers began levying ...Read more

A massive real estate development that would include more than 1,500 residences, dramatically transform three city blocks and alter the downtown Los Angeles skyline was approved Tuesday by the City Council.

The planned Fourth & Central complex would cost $2 billion to build and include a mix of residential, office, restaurant and shop spaces in...Read more

LOS ANGELES -- With SpaceX’s historic initial public offering minting a small army of new millionaires overnight, the Southern California housing market is bracing for a big wave of buyers looking to upgrade their digs or perhaps snag a second home, potentially driving up prices in some in-demand neighborhoods.

Shares of SpaceX started ...Read more

The NYC Rent Guidelines Board approved a rent freeze for the city’s one million rent stabilized units on Thursday — in a major win for Mayor Mamdani.

The freeze marks the first complete fulfillment of one of Mamdani’s core campaign promises, and it comes just days after candidates he backed swept their primary elections. A legal challenge...Read more

Five years ago, Florida’s millions of condo dwellers awoke to a new reality.

The Champlain Towers South building in Surfside had collapsed in the pre-dawn hours of June 24, 2021 — a generational tragedy that claimed 98 lives and forced anyone living in a large condo building to confront an existential question: What if mine’s next?

Such ...Read more

A member of the NYC Rent Guidelines Board resigned hours before the board was scheduled to vote on Mayor Mamdani’s promise of a rent freeze for stabilized tenants, saying the panel’s work had become corrupted as it pursued a preordained political outcome.

Christina Smyth, a landlord representative on the board reappointed by ex-Mayor Adams ...Read more