From The Real Deal · TRD Staff · · 1m
Yellowstone Club Developer Faces Billionaire Demand
Michael Meldman's Yellowstone Club aims to keep billionaires buying despite market shifts.
In brief
Michael Meldman's Yellowstone Club aims to keep billionaires buying despite market shifts. Yellowstone Club's developer Michael Meldman plans global expansion to attract billionaire buyers amid rising luxury real estate demand. Originally reported by The Real Deal.
Yellowstone Club's Developer Strategy
Michael Meldman seized on an appetite for dressed-down luxury with global expansion planned.
NYC Starter Condo Debate
Insiders debate whether nonwealthy would-be buyers will have to stay in rentals as pipeline fills with units costing above $1,800 per square foot.
Corcoran Brand Management
New York City’s veteran brokerage head Pam Liebman guards Corcoran under Compass.
Signature Loan Portfolio
More than half of the rent-stabilized loan book has been modified but looming foreclosures could test a $560 million repair fund.
Mega Modlin's Influence
Adam Modlin claims highest average deal size among Manhattan residential firms.
Wall Street Relocation
Wall Street transplants prioritize shorter commutes and vibrant neighborhoods as they anchor new hubs in Dallas.
The takeaway
Yellowstone Club's developer Michael Meldman plans global expansion to attract billionaire buyers amid rising luxury real estate demand.
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