Rebecca Picciotto

New York

Housing Reporter at The Wall Street Journal

politics reporter @cnbc | bylines also @wsj @northjersey

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Articles

Big Office Landlord Made $4 Million in Previously Undisclosed Payouts to Its CEO

2 weeks ago | wsj.com | Rebecca Picciotto

Paramount Group recently revealed funds used for chief executive’s jet company and his personal accounting servicesParamount Group, a big New York City and San Francisco office landlord, made at least $4 million in previously undisclosed payments for its CEO’s personal expenses and business interests, according to recent securities filings.
Major U.S. Landlord Morgan Properties Drawn to the Midwest by Apartment Shortage - WSJ

2 weeks ago | wsj.com | Rebecca Picciotto

Morgan Properties pays $501 million for more than 3,000 units, lured by the lack of supply and signs of job growth in the regionMorgan Properties, the country’s largest privately held apartment landlord, has agreed to pay $501 million for 11 multifamily properties across the Midwest, the latest wager that the region’s lack of supply provides fertile ground for rent hikes.
A Week in the Life of a Home Builder Tariff-Proofing the Business

3 weeks ago | wsj.com | Rebecca Picciotto

Neal Communities prepares for pricing changes while trying to keep costs downPat Neal and his team at home builder Neal Communities are bracing for President Trump’s potential tariffs. They have spent months trying to anticipate and prepare for the fallout. About 7% of the goods used in residential construction are imported, primarily from Canada, Mexico and China, which face Trump’s tariff threats.
特朗普想用联邦土地建房，计划可能是什么样？

1 month ago | cn.wsj.com | Rebecca Picciotto

特朗普(Trump)政府正在组建工作组，以确定哪些联邦土地适合建造平价房屋。此举标志着特朗普政府朝着其承诺迈出了第一步，即通过将土地转让或租赁给地方政府释放大片联邦土地，以缓解美国住房短缺问题。Copyright ©2025 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
How the Four Seasons Hit a Marketing Jackpot With HBO’s ‘The White Lotus’

1 month ago | kanebridgenews.com | Joe Flint |Rebecca Picciotto

Hotel operator’s risky partnership with a show that features murder and mayhem pays off with rising inquiries and occupancy rates.
How the Four Seasons Hit a Marketing Jackpot With HBO’s ‘The White Lotus’

1 month ago | wsj.com | Joe Flint |Rebecca Picciotto

Your browser does not support HTML5 video. 0:00Playing0:23 / 7:02Some brands would be wary of becoming the site of a grisly murder. But not Four Seasons, one of the world’s most exclusive hotel operators. Three of its resorts have played starring roles in each of the three seasons of “The White Lotus,” HBO’s twisted take on wealth, class, privilege and five-star hotels.
How the Four Seasons Hit a Marketing Jackpot With HBO’s ‘The White Lotus’

1 month ago | wsj.com | Joe Flint |Rebecca Picciotto

Now, the show and hotel operator are officially business partners. Season 3 is the first time White Lotus offered to let the Four Seasons use its fictional brand for the hotel’s own marketing. Four Seasons hosts White Lotus viewings at five hotels and launches pop-up bars with cocktails inspired by the show.
美国建筑商设法应对关税：储备木材，更换材料

1 month ago | cn.wsj.com | Rebecca Picciotto

当美国总统唐纳德·特朗普(Donald Trump) 2月初威胁要对墨西哥、加拿大和中国加征新关税时，史蒂夫·马丁内斯(Steve Martinez)当下就采取了行动。这位总部位于爱达荷州的总承包商花费了数以十万美元计的资金购买木材、窗户、橱柜和钢材等材料，以便在关税生效前囤积起来。与去年相比，他现在拥有的这些物资增加了近三分之一。马丁内斯目前正在租用场地来存放这些货物，他的供应商通常从加拿大、墨西哥和中国进口这些商品，而在征收关税的情况下，这些物品的价格可能会上涨。Copyright ©2025 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Builders Stockpile Lumber, Swap Out Materials to Work Around Tariffs

1 month ago | wsj.com | Rebecca Picciotto

Builders are stockpiling lumber and other materials to avoid potential price increases from tariffs, but this strategy comes with risks if demand for new construction dips. To mitigate the impact of tariffs, builders are also considering using cheaper materials and designing smaller homes. The uncertainty surrounding tariffs is causing frustration and confusion among builders, who are concerned about the potential impact on home prices and their ability to secure financing.
Builders Stockpile Lumber, Swap Out Materials to Work Around Tariffs

1 month ago | wsj.com | Rebecca Picciotto

Since his lenders wouldn’t finance these purchases, he is paying out of pocket and using cash that he had earmarked for hiring more staff or funding new projects. But at least he felt prepared when Trump imposed tariffs last week. Then after the president abruptly walked them back, Martinez was left with an upended business plan, less cash and feeling confused about what to do next. “I can’t keep ping ponging back and forth,” Martinez said.