Luxury Ritz-Carlton Condos Aren't Selling In "Liberal Cesspool" Portland Luxury units at the Ritz-Carlton Residences in downtown Portland are now being marketed at discounts of up to 50%, according to local reporting from KGW and the Portland Business Journal. What stands out to us is that developers believed Portland was a luxury market to begin with and, more ambitiously, one capable of supporti...
Luxury Ritz-Carlton Condos Aren't Selling In "Liberal Cesspool" Portland Luxury units at the Ritz-Carlton Residences in downtown Portland are now being marketed at discounts of up to 50%, according to local reporting from KGW and the Portland Business Journal. What stands out to us is that developers believed Portland was a luxury market to begin with and, more ambitiously, one capable of supporting a high-end mixed-use skyscraper that includes a Ritz-Carlton hotel and retail space. Now Christie's International Real Estate Evergreen has been brought in to sell the mostly vacant luxury residences at Block 216 tower, which begin on the 21st floor. Only 11 of the 132 luxury units have sold since the building opened in 2024. As part of the brokerage’s strategy, pricing has been aggressively discounted. One-bedroom units previously listed between $1.2 million and $1.7 million are now starting at $600,000. Two-bedroom units that once sold for $2.1 million to $2.6 million are now listed at $1 million. Three-bedroom units are now listed at $1.6 million, down from as much as $3.3 million, according to KGW. The new listing broker was engaged by Ready Capital, which assumed ownership of the tower last summer after the property fell into foreclosure. The building is Portland’s tallest residential tower at 460 feet and 35 stories, and was hyped up in the early Covid era as a symbol of downtown revival. However, Portland is full of political dysfunction under Democratic control and is home to radical left groups, such as Rose City Antifa. Why would buyers commit to ultra-luxury living in a city with the left wing running City Hall? Imagine that, high end condos in a liberal cesspool aren't selling, amazing 🙄 Condos at the Ritz-Carlton Residences in Portland, OR, originally priced above $1 million, are now being offered at discounts of up to 50%, according to KGW and the Portland Business Journal.… pic.twitter.com/BhVzs5COGQ — Kenneth (@OptionsAhoy) January 6, 2026 Furthermore, wh...
'Boots on the ground' and 'one for the road' 12 minutes ago Share Save Share Save BBC There will be "boots on the ground" in Ukraine after the war, heralds the i Paper as the UK and France pledge military bases "to keep peace" in the event of a deal to end the war. Ukrainian President Volodymyr Zelensky has celebrated the commitment as a "huge step forward". The Times echoes the Metro with "boots ...
'Boots on the ground' and 'one for the road' 12 minutes ago Share Save Share Save BBC There will be "boots on the ground" in Ukraine after the war, heralds the i Paper as the UK and France pledge military bases "to keep peace" in the event of a deal to end the war. Ukrainian President Volodymyr Zelensky has celebrated the commitment as a "huge step forward". The Times echoes the Metro with "boots on the ground in Ukraine" in its main headline. The paper carries quotes from PM Keir Starmer saying an end to the conflict with Russia is "closer than ever". A photo of a dancing President Trump is splashed across the front page. The president claims deposed Venezuelan leader Nicolás Maduro copied his moves before he was seized, the paper notes. The Guardian says European leaders have "dramatically rallied together" in support of Denmark over Greenland, as the Trump administration underlines its interest in acquiring the Arctic territory. The paper also says British and French troops posted to Ukraine after any future peace deal would be "unlikely to engage directly with Russian forces should Moscow relaunch an invasion". The Sun leads with "one for the road" with the government set to propose tighter drink-driving limits in England and Wales, to bring them in line with Scotland. Lowering the threshold from its current 35mcg of alcohol per 100ml of breath to 22mcg would be the first change to the limit since 1967, the paper notes. "Drink-drive changes to kill off rural pubs" declares the Daily Telegraph. It says Labour is planning to cut the alcohol limit "after raising taxes and minimum wage". Meanwhile, Conservative leader Kemi Badenoch has called for the West Midlands Police Chief to resign following the banning of Maccabi Tel Aviv fans from a Birmingham football match. The Daily Mirror takes a different tack to the Telegraph, calling government plans to tighten alcohol limits part of a "drive to safety". The changes will "cut crashes and save lives", it says. Also on t...
Former Meta scientist and AI pioneer Yann LeCun has openly questioned Meta Platforms Inc.'s (NASDAQ:META) AI leadership overhaul. LeCun Questions Wang's Research Credentials In an interview with the Financial Times published on Friday, LeCun described Wang, 28, as "young" and "inexperienced," arguing that the Scale AI co-founder lacks a deep understanding of how elite AI research teams operate. Le...
Former Meta scientist and AI pioneer Yann LeCun has openly questioned Meta Platforms Inc.'s (NASDAQ:META) AI leadership overhaul. LeCun Questions Wang's Research Credentials In an interview with the Financial Times published on Friday, LeCun described Wang, 28, as "young" and "inexperienced," arguing that the Scale AI co-founder lacks a deep understanding of how elite AI research teams operate. LeCun said Alexandr Wang is intelligent and learns quickly, but does not yet grasp what attracts — or alienates — top researchers. Don't Miss: The AI Marketing Platform Backed by Insiders from Google, Meta, and Amazon — Invest at $0.85/Share Missed Tesla? EnergyX Is Tackling the Next $200 Billion Opportunity — Lithium He added that while Wang briefly became his boss following Meta's AI reorganization, he was not actively directing his work. He noted that people usually should not tell senior scientists like him how to conduct their work. Meta did not immediately respond to Benzinga's request for comments. Meta's $14 Billion AI Bet And Llama Fallout Wang's appointment followed Meta's $14 billion investment in Scale AI, part of Mark Zuckerberg's aggressive push to regain momentum in the AI race. LeCun said the move came after Zuckerberg grew frustrated with slow progress on Meta's flagship open-source model, Llama. According to LeCun, internal confidence eroded after Meta was criticized for allegedly overstating benchmark results tied to Llama 4. He said the controversy angered Zuckerberg and led him to sideline much of Meta's existing generative AI organization. He said that "a lot of people" have already left Meta and those who haven't yet "will leave." Trending: An EA Co-Founder Shapes This VC Backed Marketplace—Now You Can Invest in Gaming's Next Big Platform Before the Raise Ends 1/19 LLMs ‘A Dead End,' LeCun Says LeCun, who announced in November that he is leaving Meta to launch a new startup called Advanced Machine Intelligence, also reiterated his long-held belief that ...