New York investor Irving Langer sold the unit for less than he paid in 2018

Pitch includes hotel, entertainment complex for dormant Midtown East site

Warm weather, looser business regulations and lack of a state income tax continue to draw new residents to Florida

Joint venture proposes 44-story building with 430 units on 0.7-acre site

The Fed’s ongoing inflation fight—which saw mortgage rates spike from 3% to 6% in 2022—has set off the second biggest home price correction of the post-WWII era.