1. The average price for new residential housing rose 12.6 per cent in November year on year, according to a weighted average from Reuters based on data for 70 major cities published by the National Bureau of Statistics. That is up just 0.3 percentage points from October, whereas previous months had frequently seen jumps of 1 or 2 percentage points at a time.
2. Edgar Wright’s Baby Driver is one of the most entertaining thrill rides of this year, this decade. This century.
3. One such development is 60 Water Street in Dumbo, a 290-unit rental with a 24-hour concierge and a roof deck offering Manhattan views. Leasing begins next month, with rent for a two-bedroom starting at a jaw-dropping $6,018 a month. “People want that condo-like living, even though they’re renting and not owning,” said Jodi Ann Stasse, the managing director of new developments for Citi Habitats.
6. Snap, however, has sunk to about $15 after initially rallying from its IPO price of $17 in March, damping some expectation of further activity involving so-called decacorns, tech companies that have achieved valuations of $10bn or more through private funding.