American Dream? Try Real Estate Nightmare: Weekend Edition

May 31, 2025, 12:00 PM UTC

This is the Weekend Edition of Bloomberg Opinion Today, a roundup of the most popular stories Bloomberg Opinion publishes each week based on web readership. New subscribers can sign up here; follow us on Bluesky, TikTok, Instagram, LinkedIn and Threads.

A $5 Billion White Elephant Is Roaming New Jersey’s Swamps — Robert Burgess

In the real estate industry, patience is not only a virtue but often a necessity. Consider New York’s Rockefeller Center, built by John. D. Rockefeller Jr. during the Great Depression. Although always considered one of the crown jewels of America’s property market in ...

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