A report from the Real Deal on New York. "When sales launched at the Baltic in Park Slope back in 2016, the condo building had the market to itself. But then things started softening, and more nearby developments started launching sales. By the end of 2018, there were about 1,000 condo and rental units on the market in just that one neighborhood."

"As developers have rushed into Brooklyn at an accelerated rate in the last five years they have created a big batch of condos and rentals. And over the next three years another large wave of residential projects is slated to come online."

"The market softening has proven painful for some firms that shelled out for pricey sites, said Dennis Sughrue, a partner at Pryor Cashman, who has worked with developers in Brooklyn. 'You do have developers who bought land at high costs and are now looking at maybe adjusting projections,' he said. 'It’s an unpleasant exercise.'"

The Hollywood Reporter on California. "A new genus of luxury housing is set to bloom in the desert of Palm Springs and the Coachella Valley during the next 20 months. Three massive hotel development projects, all of which include a sizable portion of branded luxe condominiums, are in the works in La Quinta and Indian Wells and are set to offer turnkey second-home options with wraparound services."

"And these condos will come to market just as many experts say a slowdown in California's real estate boom is nigh. The year-over-year median price in Palm Springs fell 5 percent, according to Douglas Elliman, while the number of properties for sale climbed nearly 12 percent in the same period."

"Montage International's Tina Necrason says that when her team was conceiving the project, the lack of similar properties raised questions about pricing. 'Normally when we enter a new market, we have a competitive set to draw from, but in this case we really didn't,' she says. 'But we think there is a need that we are going to fill.'"

"The Montage will offer 30 'Golf Villas' averaging about 3,200 square feet and costing in the range of $3.2 million."

The Journal and Courier in Indiana. "Wandering West Lafayette’s Village, a few blocks from Purdue University, Friday morning, Sam Tressler couldn’t help noticing – and stating – the obvious. For one: 'This place is a ghost town today,' Tressler, a 1997 Purdue grad from Indianapolis, said."

"For another: 'It’s looking a lot different around here,' she said. On that second point, she was referring to the skeletons of Rise on Chauncey and Hub Plus, a pair of high-rise projects expected to start leasing apartments to the Purdue student crowd in time for the fall 2019 semester. 'So tall,' she said. 'So many cranes.'"

"Once finished the two projects on State Street, near the corner of Chauncey Avenue, will be part of what a new report from the Tippecanoe County Area Plan Commission calls 'the greatest increase in multi-family units in the city’s history.'"

"As redevelopment plans come together for the nearly three acres at Chauncey Hill Mall and rumblings continue for another high-rise on the other side of State Street at Chauncey Avenue, the report said the city should 'require compelling data from developers that supports significant increases in student-oriented residential density, particularly along the fringe areas of the campus."

"'We’ve certainly had overtures from developers on new projects,' said Ryan O’Gara, APC’s assistant director. 'We’ve told them, ‘Neat idea, just not right now. I think the point here is, we’d be wise to take a pause and catch our breath.'"