Berkshire Taylor Morrison deal puts vertical integration in focus

Berkshire Hathaway’s planned acquisition of Taylor Morrison has opened the door for us to explore a set of uber-themed questions: about homebuilders’ present and future valuations, leadership and scale, and to the question that public homebuilder boards may now be asking: whether to build toward gre

New York City Can’t Handle Knicks Watch Parties

It’s an hour and a half before tipoff and the room at Standings is filling up. The usual seats around the East Village bar’s three tables are stashed away because the staff are expecting the biggest crowd in years. It’s game one of the 2026 NBA Finals between the San Antonio Spurs and the city’s ...

We Didn’t Need an Obama Megalith

Is there anything more hopeful or emblematic of change than a garden in its first scraggly youth? Only a playground, perhaps. Magnificent versions of both grace the new Obama Presidential Center on the South Side of Chicago. The soil remains exposed for now and shade is still scarce, but there’s ...

Phoebe Gates’s Phia Is Taking Over a Flatiron Penthouse

Phoebe Gates, the youngest of Bill and Melinda French Gates’s three daughters, is accustomed to nice things. She grew up in a $127 million compound with a private beach, 20-car garage, and “More »