Filtering through this weeks headlines...

Top Headlines: Delivered by Advisory | Leonard Steinberg

October 02, 2025

01  There is no space left in Beverly Hills? HAH!  A massive new 17,7-acre $10 billion development is underway that will include 200 AMAN residences and a 78-suite hotel, a 10-acre park and 200,000sf of retail. 40% of the retail is already leased just as construction starts.....did I hear someone say bricks-and-mortar were dead? 

(WSJ)

02  Every sunrise is an invitation to reset, to rise lighter, and to begin again with purpose.

03  North County’s looking fun this weekend — expect waist-to-chest high sets with a mix of SSW and southwest swell pushing through. Conditions should be best early mornings and late afternoons as winds stay mellow. Perfect time to chase those clean lines down at Swami’s, Cardiff, or any favorite hidden break. Get your wax, your board, and your good energy — the salt’s calling.

(Surfline)

04 London, Paris and Milan face low bubble risk. Outside Europe, Hong Kong, San Francisco, New York and São Paulo are in the same category, with São Paulo showing the lowest risk among all cities analysed. 

(UBS) 

05  In 2023, just 9% of new homes were smaller than 1,400sf:  In 1982, 40% hit that mark. (

NY TIMES)

06  Consumer spending, adjusted for changes in prices, increased 0.4% last month. 

(Bureau of Economic Analysis)