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The cost of data centers is incredible and growing. Now Open AI is close to leasing, not buying, a $500 billion dollar data center in Ohio. Just crazy!!

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OpenAI Close to Landing $500 Billion Data Center With Nvidia’s Backing
The chipmaking giant is in talks with OpenAI to provide a $250 billion financial backstop for the project, which would be among the largest of the A.I. boom.
www.nytimes.com
September 28, 2026 at 8:02 PM
rosenfeldcre.bsky.social
www.msn.com/en-us/travel...

Spirit Airlines former office HQ in Dania Beach was just auctioned off in Federal bankruptcy court for $93 million dollars. It was originally valued at $275 million.

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MSN
www.msn.com
September 14, 2026 at 7:32 PM
rosenfeldcre.bsky.social
Stephen Ross continues to work his West Palm Beach office magic, attracting two more firms from New York to Phillips Point.

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MSCI, Solomon Partners Lease at Related Ross's Phillips Point
MSCI and Solomon Partners are opening West Palm Beach outposts at Related Ross's renovated Phillips Point. IntegrityPro Consulting signed a lease there too.
theamericandeveloper.com
September 14, 2026 at 7:30 PM
rosenfeldcre.bsky.social
San Francisco is living the AI dream right now. It is filling up their apartments and offices superfast. Now 10% of their office market is occupied by AI companies.

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AI Now Occupies 10% of San Francisco’s Office Market
AI Now Occupies 10% of San Francisco’s Office MarketAI has absorbed millions of square feet since ChatGPT’s debut, reshaping San Francisco’s office market
www.credaily.com
September 14, 2026 at 7:35 PM
rosenfeldcre.bsky.social
Happy MonYAY!! Back to office today! Miami is seeing law firms from Chicago set up shop recently. In the last 5 years there have been 6 of them and I bet more are on the way!

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Chicago-Founded Firms Continue Flocking to Miami, Following Windy City Investment Giants | Law.com
Katten Muchin Rosenman earlier this month became the sixth Am Law 200 firm with roots in Chicago to open in Miami in the last five years. Collectively, they view the Magic City as a finance and privat...
www.law.com
September 14, 2026 at 7:28 PM
rosenfeldcre.bsky.social
Somehow inflation slowed in July but prices are going up across the board. It doesn’t make sense and again makes me question the data.

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Numerator: Inflation cools, consumers still worried
Consumers’ concerns about higher prices remains near record highs even as inflation slowed in July.
chainstoreage.com
August 31, 2026 at 6:02 PM
rosenfeldcre.bsky.social
One out of every five Americans is buying groceries either from their savings or a credit card. It is completely unacceptable, especially when you have companies spending billions on data centers.

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New study finds about one in five Americans are paying for groceries out of savings
As grocery prices continue to hit families hard, many are turning to credit cards, savings, and even payday loans to put food on the table, according to the December 2025 Well-Being and Basic Needs Su...
www.wsls.com
August 31, 2026 at 6:03 PM
rosenfeldcre.bsky.social
Happy MonYAY!! Today is the day to discuss the economy!! 23,000 jobs were officially lost in July according to the US Bureau of Labor Statistics. I think the number is much, much higher in reality. What do you think?

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BLS: U.S. Economy Unexpectedly Loses 23,000 Jobs in July
WASHINGTON, D.C. — Total nonfarm employment in the United States decreased by 23,000 jobs in July, according to the U.S. Bureau of Labor Statistics (BLS). Not only did July show an unexpected decline ...
rebusinessonline.com
August 31, 2026 at 5:58 PM
rosenfeldcre.bsky.social
To bring down costs, New York City needs a lot more housing. They plan on building 350,000 units in the next 5 years but that will only meet half of their long term demand.

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NYC Needs 350K New Homes to Meet Just Half of Short-Term Demand
Long-term, 700,000 units are needed.
www.globest.com
August 24, 2026 at 5:22 PM
rosenfeldcre.bsky.social
If your city has AI co's flocking to it like San Fran & NYC, not only will your office mkt thrive but so will the residential. San Fran now has the most expensive apt mkt in the US & just hit the lowest apt vacancy in 20 yrs.

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San Francisco Apartment Vacancy Falls to 20-Year Low
Plus, AI hiring and limited construction are driving rent growth.
www.globest.com
August 24, 2026 at 5:13 PM
rosenfeldcre.bsky.social
Multifamily today and all day!! Malls are increasingly adding residential components, and that is going to happen at the Miami Int’l Mall. They will be turning the former Sears and JCPenney into almost 900 units.

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Greystar Proposes About 900 Units at Miami International Mall Site at 1603 N.W. 107th Ave., Doral, Florida - Florida YIMBY
Florida YIMBY says "Yes In My Backyard" to positive new development in Florida.
floridayimby.com
August 24, 2026 at 5:04 PM
rosenfeldcre.bsky.social
In Palm Beach County it has become a seller’s market, for luxury homes. Cash sales were rampant and West Palm Beach was the number 1 cash buying market in the U.S. with 49.5% of all transactions in June.

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Palm Beach County home sales surged in June as cash deals dominate
Palm Beach County home sales soared 22% in June, with luxury and cash purchases leading the way, according to a survey of the market.
www.palmbeachpost.com
August 24, 2026 at 5:10 PM
rosenfeldcre.bsky.social
Amazon’s $3.6 billion dollar affordable housing fund just broke ground on 67 more affordable apartments in Seattle, where they are very badly needed.

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Amazon bolsters affordable housing initiative with new Seattle project
Amazon is once again investing in housing in its backyard.
chainstoreage.com
August 3, 2026 at 5:52 PM
rosenfeldcre.bsky.social
Happy MonYAY!! How about some multifamily today?? Luxury restaurant and hotel brand Fouquet is getting into the Miami game with its own hotel in Miami’s Design District.

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Fouquet’s Is Opening a Luxe New Hotel in Miami’s Buzzy Design District
The new property will be housed within Miami Design Residences Designed by Chipperfield
travel.yahoo.com
August 3, 2026 at 5:50 PM
rosenfeldcre.bsky.social
The plans for the former Sears at Town Center Mall in Boca Raton have finally become clear. They are proposing 400 apartments plus a hotel.

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400 Homes Proposed at Former Sears Site in Boca Raton’s Town Center Mall
Boca Raton examines Simon Propertys 400-unit Town Center mall plan. See how a CIMD amendment could reshape housing and growth—click for details.
www.tapinto.net
August 3, 2026 at 5:57 PM
rosenfeldcre.bsky.social
People are moving around the US in search of affordable housing. Right now the South & Midwest are gaining the most traction, but 51.2% of all bldg permits came fm TX, Florida, Georgia, Arizona and North and South Carolina.

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South, Midwest Extend Lead in Housing Affordability as Building Activity Widens Regional Divide
States with available land and robust home construction continue to outperform coastal markets struggling with affordability.
www.globest.com
August 3, 2026 at 5:55 PM
rosenfeldcre.bsky.social
West Palm Beach has been on a multifamily development tear for the past few years. Is it too much?? How does one know when a city has reached overbuilt status??

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West Palm Beach Multifamily Deliveries To Surge 80% and Pressure Vacancy
It comes after new supply eased last year.
www.globest.com
July 27, 2026 at 6:35 PM
rosenfeldcre.bsky.social
At least for now it has worked, and the Downtown Master Plan is on hold. It could come back or be shelved entirely. I promise we will keep a close eye on this one!

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Breaking: West Palm mayor pauses downtown growth plan after pushback
West Palm Beach's mayor is pausing a plan to allow denser neighborhoods and taller buildings downtown after meeting with neighborhood leaders.
www.palmbeachpost.com
July 27, 2026 at 6:41 PM
rosenfeldcre.bsky.social
It's a huge concern 4 residents, who r worried their quality of life will deteriorate w all the growth. So they've organized & r trying 2 stop the next wave of highrise development there called the D/T Master Plan.

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They say West Palm is overbuilding. Now they're taking on City Hall
They say city leaders aren't listening. Now these West Palm residents are taking on City Hall.
www.palmbeachpost.com
July 27, 2026 at 6:38 PM
rosenfeldcre.bsky.social
For the 8th month in a row, retail sales in the U.S. were up in May. It is truly incredible and really makes no sense with such high inflation, high gas prices and expensive housing.

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NRF: Retail sales grow again in May
Consumers continued to show their resilience as retail sales rose for the eighth consecutive month in May despite high gas prices and ongoing inflation.
chainstoreage.com
July 13, 2026 at 6:31 PM
rosenfeldcre.bsky.social
Speaking of Walmart, they just celebrated their one millionth drone delivery in the U.S. 200,000 of them have been in Texas.

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Walmart marks millionth drone delivery
Walmart is celebrating a major milestone in its rapidly expanding drone delivery program.
chainstoreage.com
July 13, 2026 at 6:29 PM
rosenfeldcre.bsky.social
Walmart is getting into the restaurant delivery business with Subway. Now people can order Subway from the Walmart app and get it in 30 minutes where available.

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Walmart launches delivery from in-store restaurants with Subway
Walmart is entering the restaurant-delivery business.
chainstoreage.com
July 13, 2026 at 6:27 PM
rosenfeldcre.bsky.social
Great news! Party City is making a comeback, inside of 700 Staples stores and on Staples web site.

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Party City Returns, Opens 700 Locations Inside Staples
FRAMINGHAM, MASS. — Party City and Staples have partnered to bring the specialty party retailer inside more than 700 Staples locations nationwide and on the Staples website, with plans to expand to ad...
rebusinessonline.com
May 18, 2026 at 4:30 PM
rosenfeldcre.bsky.social
Surprisingly, the marijuana business has really been struggling across the U.S. Now the Government is easing some rules and regulations to help improve the industry’s sales.

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US to loosen marijuana rules in major shift for $47 billion industry
The Department of Justice said it would immediately loosen restrictions on some marijuana products and move quickly ​to reclassify the drug as less dangerous, in one of the biggest changes to U.S. dru...
www.reuters.com
May 18, 2026 at 4:29 PM
rosenfeldcre.bsky.social
It is really paying off! Walmart has been able to attract more upscale shoppers and by the end of last year their global ecommerce growth for the year was 24%.

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Walmart’s annual report shows e-commerce boom
Walmart Inc. has released its first annual report under the leadership of John Furner, who took the reins as president and CEO in February.
chainstoreage.com
May 18, 2026 at 4:26 PM