By Craig Karmin
This is an edition of the Real Estate newsletter, a weekly briefing of the biggest commercial deals, news, analysis and trends in office, multifamily, retail and other commercial sectors. If you're not subscribed, sign up here.
The newest luxury condominium perk for wealthy New Yorkers isn't a rooftop pool or celebrity-chef restaurant. It's a whole-body MRI. Or perhaps a genetic screening or advanced heart imaging.
One High Line condo in Manhattan has leased its five-story commercial space to a high-end longevity company, which offers advanced diagnostics to members paying roughly $20,000 to $75,000 a year. Peter Grant explains how developers are increasingly chasing affluent consumers by offering them longer lives through medical technology.
Berkshire Hathaway just offered a $6.8 billion vote of confidence to the stumbling housing market. That's how much the Omaha-based conglomerate agreed to pay for giant home builder Taylor Morrison, a deal that adds to Berkshire's growing portfolio of housing-related companies. "This investment is grounded in a long-term belief in the strength of America's housing market and its underlying fundamentals," Berkshire's new chief executive Greg Abel said. Rebecca Picciotto and Krystal Hur explain why Berkshire made the deal despite the home building business's recent struggles.
The New Amenity in Luxury Living: Longevity Services
The newest luxury condominium amenity for wealthy New Yorkers isn't a rooftop pool, private dining room or celebrity-chef restaurant. It is a whole-body MRI.
Berkshire Is Convinced the American Dream of Homeownership Will Stay Alive
Berkshire Hathaway's $6.8 billion deal to acquire a major home builder reflects its conviction that the housing market will shake off its yearslong slump and recover as it always has.
The proportion of young renters who think they someday will own a home, according to a survey by John Burns Research & Consulting. Berkshire Hathaway is betting on the American housing market's long-term strength as it acquires Taylor Morrison Home Corp. in an all-cash agreement.
Data Points
-- 0.2%: The average rent growth for U.S. apartments in May, according to
CoStar. Price increases have been slower than usual this spring leasing
season, indicating that recent supply increases are reducing landlords'
leverage to hike rent.
-- $429,500: The median listing price for a U.S. home in May, a 2.4%
year-over-year decline, according to Realtor.com. That marked the
steepest drop since 2017 and buyers are responding, with pending sales
and new listings rising despite climbing mortgage rates and inflation.
Beyond WSJ
-- Rising Insurance Costs Are Pushing More Americans to Consider Moving
(Bisnow)
-- Behind the Hamptons' Inventory Mirage (The Real Deal)
-- Chicago's Trump Tower Signs First Retail Tenant Since 2009 Opening
(CoStar)
About Us
Craig Karmin is real-estate news bureau chief. Reach him on X @CraigKarmin or via email at Craig.Karmin@wsj.com. The newsletter is compiled and edited by Kate King and Rebecca Picciotto (rebecca.picciotto@wsj.com), WSJ real estate reporters. Reach them via email at kate.king@wsj.com and rebecca.picciotto@wsj.com. Got a tip for us? Here's how to submit.
(END) Dow Jones Newswires
June 03, 2026 10:00 ET (14:00 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
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