UK’s second-biggest housebuilder sees homes built drop to 15,658 amid Budget uncertainty
Felix Armstrong www.cityam.com
08:05, 04 Mar 2026
A 2025 CGI of a development of 688 new houses in Longbridge by Vistry
The chief executive of the UK’s second-largest housebuilder is stepping down as the firm grapples with declining revenue and output triggered by uncertainty surrounding last year’s November Budget.
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Vistry’s boss Greg Fitzgerald announced he will retire in May and attributed the speculation preceding the Budget for weakened performance during the second half of the year.
Pre-tax profit rose marginally – consistent with Vistry’s projections – by two per cent to £269m, whilst revenue dropped by four per cent to £4.2bn for the year ending December 2025.
Fitzgerald stated the company’s financial results were “in line with guidance…despite continued challenges in the Open Market and the uncertainty created by the November Budget.”
The FTSE 250-listed group constructed 15,658 homes last year, representing a nine per cent decline from 2024, as reported by City AM.
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The business underperformed expectations during the third and fourth quarters of last year owing to Budget postponements, according to its results.
However, Vistry expressed support for the government’s planning system reforms, which it believes will enable housebuilders to achieve Labour’s objective of constructing 1.5m homes before the next election.
Whilst the company acknowledged market conditions remain “challenging” and geopolitical developments may introduce “uncertainty”, it described itself as “cautiously optimistic” regarding growth this year. Announcing his retirement, Fitzgerald said: “It is an exciting time for Vistry as it focuses on addressing the chronic affordable housing shortage.
“After over 45 years in the sector, it is the right time for me to retire and I am confident that Vistry will go from strength to strength well into the future.”
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Discussing the group’s performance last year, he said: “Vistry delivered one in seven of the country’s affordable homes last year, which demonstrates the crucial role the business plays, and will continue to play, in building the homes the UK so desperately needs.”
Vistry’s rival Barratt Redrow, the nation’s largest housebuilder by volume, appointed a new chief executive on Wednesday. The FTSE 100 company announced former infrastructure boss Dean Banks will take the top job, as the housebuilder works to restore investor confidence following last month’s dividend reduction which caused its share price to fall.
Good afternoon, everyone, and welcome to eHealth, Inc.’s conference call to discuss the company’s fourth quarter and fiscal year 2025 financial results. [Operator Instructions] I will now turn the floor over to Eli Newbrun-Mintz, Senior Investor Relations Manager. Please go ahead.
Eli Newbrun-Mintz
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Good afternoon, and thank you all for joining us. On the call today, Derrick Duke, eHealth’s Chief Executive Officer; and John Dolan, Chief Financial Officer, will discuss our fourth quarter and fiscal year 2025 financial results. Following these prepared remarks, we will open the line for a Q&A session with industry analysts.
As a reminder, this call is being recorded and webcast from the Investor Relations section of our website. A replay of the call will be available on our website later today. Today’s press release, our historical financial news releases and our filings with the SEC are also available on our Investor Relations site. We will be making forward-looking statements on this call about certain matters that are based upon management’s current beliefs and expectations relating to future events impacting the company and our future financial or operating performance.
Forward-looking statements on this call represent eHealth’s views as of today, and actual results could differ materially. We undertake no obligation to publicly address or update any forward-looking statements, except as required by law. The forward-looking statements we will be making during this call are subject to a number of uncertainties and risks, including, but not limited to, those described in today’s
Predictions that AI tools could help displace established business software are quietly coming true in some segments of the market.
A number of small and midsize companies say they are vibe coding their own customer relationship management software in an effort to get more customized systems at a better price. So-called CRMs are a critical business system for tracking, analyzing and taking action on sales, marketing and customer data, and it’s an area Salesforce has dominated for more than a decade.
Apple refreshed its MacBook lineup in early March 2026 with the introduction of M5-powered models, bringing enhanced performance, expanded AI capabilities, doubled base storage in many configurations, and next-generation wireless connectivity. The updates arrived during a busy week of announcements that included the iPhone 17e, M4 iPad Air, MacBook Neo, and new Studio Displays.
The M5 series builds on Apple’s silicon evolution, offering faster CPUs, advanced GPUs with Neural Accelerators in each core, and significant on-device AI improvements. Here’s what you need to know about the new MacBook Air with M5 and MacBook Pro models featuring M5 Pro and M5 Max.
new MacBook Pro
1. **MacBook Air M5 Brings Exceptional Everyday Performance** The 13-inch and 15-inch MacBook Air now feature the base M5 chip, delivering a faster CPU and next-generation GPU for smoother workflows in creative tasks, multitasking, and AI-driven features. Apple highlights the M5’s ability to handle complex on-device AI, making the world’s most popular laptop even more capable for students, professionals, and everyday users.
2. **Doubled Base Storage and Faster SSDs** All M5 MacBook Air models start with 512GB of storage — double the previous generation’s 256GB base — and use faster SSD technology for up to 2x quicker read/write speeds. Configurations reach up to 4TB, allowing users to store more files, photos, videos, and projects locally without relying on cloud services.
3. **Wi-Fi 7 and Bluetooth 6 via Apple’s N1 Chip** Apple’s custom N1 wireless chip powers Wi-Fi 7 and Bluetooth 6 in the new MacBooks, providing faster, more reliable connections with lower latency. This upgrade supports seamless streaming, file transfers, and accessory pairing in crowded networks or on the go.
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4. **Up to 18 Hours of Battery Life on MacBook Air** The M5 MacBook Air maintains its class-leading efficiency, offering up to 18 hours of battery life on a single charge. Combined with the thin, light aluminum design, Liquid Retina display, 12MP Center Stage camera, Spatial Audio speakers, and two Thunderbolt 4 ports (supporting up to two external displays), it remains ideal for all-day use.
5. **M5 Pro and M5 Max Power the MacBook Pro Line** The 14-inch and 16-inch MacBook Pro models debut with M5 Pro and M5 Max chips, featuring the world’s fastest CPU core, advanced GPUs with per-core Neural Accelerators, higher unified memory bandwidth, and up to 4x AI performance gains over prior generations — and 8x over M1 models. These enable demanding pro workflows like video editing, 3D rendering, machine learning, and advanced AI tasks directly on the device.
6. **Increased Base Storage and Faster SSDs in Pros** M5 Pro MacBook Pros start at 1TB storage, while M5 Max models begin at 2TB. SSD performance doubles in speed compared to previous generations, accelerating file access, app launches, and large project handling for creatives and developers.
7. **Thunderbolt 5, Liquid Retina XDR, and Pro Features** The MacBook Pro lineup includes Thunderbolt 5 ports for ultra-fast data transfer, a stunning Liquid Retina XDR display with optional nano-texture glass to reduce glare, up to 24 hours of battery life, a 12MP Center Stage camera, studio-quality mics, a six-speaker sound system with Spatial Audio, and support for macOS Tahoe and Apple Intelligence.
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8. **Pricing Reflects Upgrades and Storage Boosts** The 13-inch MacBook Air with M5 starts at $1,099 (education $999), and the 15-inch at $1,299 (education $1,199) — a $100 increase from prior models due to doubled storage and other enhancements. MacBook Pro pricing begins at $2,199 for the 14-inch M5 Pro, $2,699 for the 16-inch M5 Pro, $3,599 for the 14-inch M5 Max, and $3,899 for the 16-inch M5 Max, with education discounts available.
9. **Pre-Order and Availability Timeline** Pre-orders for all M5 MacBooks opened March 4, 2026, at 6:15 a.m. PST via apple.com and the Apple Store app in dozens of countries. Devices began shipping and arriving in Apple Stores and authorized resellers on March 11, 2026. Color options include sky blue, midnight, starlight, and silver for Air models, and space black and silver for Pros.
10. **Focus on AI and Future-Proofing** The M5 series emphasizes on-device Apple Intelligence for privacy-focused AI features, faster processing for creative and professional apps, and ecosystem integration. With no major design changes, the refresh prioritizes internal upgrades to keep MacBooks competitive in a PC market emphasizing AI capabilities and efficiency.
The M5 MacBooks arrive amid strong demand for powerful, portable computing, positioning Apple to maintain leadership in laptops for education, business, and creative work. Early hands-on reports praise the performance gains and storage improvements, though some note the price bumps for base models.
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As availability ramps up, these updates reinforce Apple’s commitment to silicon innovation and user-centric enhancements in its flagship portable lineup.
Apple unveiled the MacBook Neo on March 4, 2026, during its week-long product rollout, introducing an all-new, ultra-affordable laptop that brings the core Mac experience to a breakthrough price point of $599. Powered by the A18 Pro chip from the iPhone 16 Pro series, the 13-inch device targets students, first-time buyers, and budget-conscious users while maintaining premium build quality and Apple Intelligence features.
MacBook Neo
The announcement capped a busy week that included the iPhone 17e, M4 iPad Air, M5 MacBook Air and Pro models, and a refreshed Studio Display lineup. Here’s what you need to know about the MacBook Neo, Apple’s most accessible laptop ever.
1. **Breakthrough Pricing Starts at $599** The MacBook Neo launches at $599 in the U.S., with education pricing dropping to $499. This makes it Apple’s lowest-priced laptop by a wide margin — $500 less than the MacBook Air — positioning it to compete directly with midrange Windows PCs and Chromebooks. Pre-orders opened immediately on March 4, with availability beginning March 11 in over 70 countries.
2. **A18 Pro Chip Delivers Surprising Performance** Unlike traditional Macs with M-series silicon, the Neo runs on the A18 Pro chip, featuring a 6-core CPU (2 performance, 4 efficiency cores), 5-core GPU with hardware-accelerated ray tracing, and a 16-core Neural Engine. Apple claims up to 50% faster everyday tasks like web browsing and up to 3x quicker on-device AI workloads compared to the latest Intel Core Ultra 5 PCs. It supports Apple Intelligence features seamlessly, including advanced photo editing and AI tools across apps.
3. **Vibrant Color Options Stand Out** The MacBook Neo comes in four eye-catching colors: blush (soft pink), indigo (deep blue), silver (classic), and citrus (fresh yellow-green). The durable aluminum enclosure matches the vibrant hues, echoing the fun aesthetics of past colorful Apple products like the iMac G3 or iBook era, but in a modern, premium form.
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4. **13-Inch Liquid Retina Display Brings Vivid Visuals** The 13-inch Liquid Retina screen offers high resolution (2,408 x 1,506), 500 nits brightness, and support for 1 billion colors. It delivers sharp, vibrant visuals for streaming, browsing, creative work, and everyday use, with reduced glare for better viewing in varied lighting.
5. **All-Day Battery Life and Efficient Design** Apple touts up to 16 hours of battery life on a single charge, enabled by the power-efficient A18 Pro and optimized macOS Tahoe. The slim, lightweight build prioritizes portability without sacrificing endurance, making it ideal for students or mobile users.
6. **Premium Build with Familiar Mac Features** The MacBook Neo features Apple’s renowned Magic Keyboard for comfortable typing, a large Multi-Touch trackpad supporting intuitive gestures, a 1080p FaceTime HD camera, dual microphones, and dual side-firing speakers with Spatial Audio and Dolby Atmos support. It includes two USB-C ports (one USB 3, one USB 2), a headphone jack, and MagSafe charging in color-matched variants.
7. **macOS Tahoe and Seamless Ecosystem Integration** Running macOS Tahoe, the Neo offers built-in apps like Safari, Messages, Pages, and Calendar, plus deep iPhone continuity features. It fully supports Apple Intelligence for on-device AI tasks, ensuring a future-proof experience despite the mobile-derived chip.
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8. **Strategic Positioning Below MacBook Air** The Neo slots below the MacBook Air in Apple’s lineup, serving as an entry point for new users while preserving premium quality. It avoids compromises like a backlit keyboard in base models or haptic trackpad in some configs, but delivers strong value through efficient hardware and build.
9. **Accidental Leak Built Hype** Apple briefly posted a regulatory document for the “MacBook Neo” (Model A3404) on its compliance site March 3, sparking widespread speculation before removal. The leak confirmed the name and fueled excitement ahead of the March 4 “special Apple Experience” events in New York, London, and Shanghai, where hands-on demos showcased the device.
10. **Aims to Expand Mac Accessibility** Apple positions the Neo as making “the magic of Mac” accessible to millions, targeting education markets, emerging users, and those seeking an affordable premium alternative. Early reviews praise its surprising build quality, performance for the price, and vibrant design, with analysts viewing it as a smart move to grow market share amid economic pressures.
The MacBook Neo represents Apple’s boldest step yet into the budget laptop segment, blending iPhone-derived efficiency with Mac polish. As pre-orders surge and devices ship March 11, it could redefine expectations for entry-level computing in the Apple ecosystem.
This month, the company’s eighth and largest ship, the Disney Adventure, will embark on its maiden voyage, carrying passengers on three- and four-night journeys at sea from its berth in Singapore.
The vessel accommodates a whopping 6,700 passengers, around two-thirds more capacity than Disney’s Wish class ships, which include the Disney Wish, the Disney Treasure and the Disney Destiny. The Adventure can also carry around 2,500 crew members, about 1,000 more than on the Wish class ships.
“It takes a village to be able to support the type of service that we’re known for,” Joe Schott, president of Disney Signature Experiences, told CNBC.
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The Disney Adventure sets sail at a time of rapid expansion for Disney’s cruise line. It is one of six vessels set to join the fleet by 2031. It’s also emblematic of the company’s global aspirations, which coincides with a sharp decline in international visitors venturing to the United States.
Mickey and Minnie Mouse pose in front of the Disney Adventure.
Disney
While tourism grew worldwide last year, the United States was the only major destination to see a drop in foreign visitors, according to the World Travel & Tourism Council. Overall, international travel to the U.S. fell 6%, the organization found. That decline continued into 2026, as January’s numbers were down 4.8% compared with the same month a year prior.
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Travel bans, visa fees and invasive searches at ports of entry are all contributing to international travelers leaving the United States off their travel itineraries, according to the WTTC. Trade frictions, geopolitical unease and safety concerns have also contributed to the drop in demand for travel stateside, travel experts told CNBC.
Still, Disney’s domestic theme parks drive around two-thirds of revenue in its experiences division, which includes parks, cruises, resorts and consumer products. International destinations account for around one-fifth of revenue.
Expanding its fleet to new ports allows Disney to entice guests that may not have otherwise been able to venture to its theme parks or get on board one of its cruise ships. And Asia is a rapidly growing market.
A whole new market
Disney is no stranger to the Asian market. It already has a strong footprint of theme parks and resorts in Tokyo, Hong Kong and Shanghai.
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“We have a really strong presence already up in the the northern part of Asia,” Schott said. “But, I think as you think about the southeast part of Asia, we don’t really have a physical presence. So, this is a great way to really be able to connect a whole lot of people that haven’t had the opportunity to do a physical Disney experience before.”
The cruise industry, in particular, in Asia has been in a state of rapid growth in the wake of the pandemic. In 2024, the region accounted for 2.6 million cruise passengers, a 13% increase from the previous year, according to data from the Cruise Lines International Association.
“Prior to 2024 we were really seeing a rise in the disposable income and the income levels of Southeast Asian travelers,” said Dulani Porter, executive vice president and partner at Spark, a creative agency that works with hospitality and tourism brands. “And so it was a very, very important market for any international tourism organization.”
That’s where the Disney Adventure comes in.
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Initially destined to be a floating casino, the ship went up for sale part way through its construction when its parent company, Genting Hong Kong, went bankrupt in 2022. Disney swooped in and bought it.
“I think this was a great opportunity, because if we hadn’t acquired the ship the way we did, we wouldn’t be going into this market as soon as we are,” said Bruce Vaughn, president and chief creative officer of Walt Disney Imagineering. “And that’s a great thing.”
Previously, all of Disney’s cruise ships have left from domestic ports in Florida before traveling to international destinations. In the case of the Adventure, the ship is the destination. Stationed in Singapore, the vessel will voyage entirely at sea, with no port calls.
And Disney says demand is already there. Disney’s cruises are already 80% booked for fiscal 2026, Schott said.
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A ‘brand ambassador’
The Disney Adventure’s size isn’t the only thing that sets it apart from the rest of the fleet. The ship has been tailored for consumers in Asia.
“Since the ship is going to be dedicated to Singapore and that market, we also wanted to make sure that we address what we thought would be unique to them,” said Vaughn.
This came in the form of selecting franchises and characters that are popular in the region, designing entertainment and relaxation areas catered to local tastes and providing a diverse selection of menus across its restaurants.
“We’re looking forward to servicing a brand-new audience,” Schott said. “In that respect, the ship is a brand ambassador.”
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Guests on board the Adventure will be immersed in Disney’s more than 100 years of storytelling with character meet-and-greets as well as themed shopping and entertainment areas.
Situated in the middle of the ship is a deck designed to look like a street from San Fransokyo, the fictional city in “Big Hero 6.” The area is home to arcade games inspired by the movie, a replica of the Lucky Cat Cafe owned and operated by Aunt Cass as well as four movie theaters and dedicated tween and teen spaces.
A view of San Fransokyo street aboard the Disney Adventure.
Disney
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The street also features the first-ever Duffy and Friends store at sea and a National Geographic shop. Disney executives told CNBC that these brands are incredibly popular with consumers in the region.
Duffy the Disney Bear is a character that was developed initially for a merchandise line at Walt Disney World’s Disney Springs, but gained attention when it was brought to Tokyo a few years later. In the last two decades, Duffy has been joined by seven other stuffed animal friends and has become one of the bestselling merchandise lines for the company.
In 2023, Disney reported the character generated $500 million in sales annually.
Disney characters in traditional Han costumes perform on the stage during a special edition of “Enjoying the Moon with Duffy and Friends” event celebrating the Mid-Autumn Festival at the Shanghai Disney Resort on September 17, 2024 in Shanghai, China.
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Vcg | Visual China Group | Getty Images
In designing the Disney Adventure, the company was also conscious of local traditions. For many in Asia, vacations aren’t just for a nuclear family, but for extended family and even large groups of friends.
“I think one of the biggest distinctions that I’m seeing with South Asian cultures [is] travel really is about spending more time together,” Porter said. “Not to generalize, but North American cruisers will choose cruising because the kids can go do their thing and the parents can go do their thing, all contained into a ship.
“For Asian travelers, that is a very meaningful time spent together, where the grandparents and the kids and the parents and the grandparents, everybody is really trying to maximize all of that time together,” she said.
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Both Vaughn and Schott detailed layers of experiences available to cruise guests that cater to different age ranges, both kids and kids at heart.
There’s Marvel Landing on the upper deck of the ship that features a rollercoaster, a spinning attraction and car-chase ride all inspired by Earth’s mightiest heroes. In the same area is a sundeck, infinity pool and a bar.
Wayfinder Bay is an open-air area with amphitheater-like seating that doubles as a performance venue. And there’s D Lounge, which features a number of private karaoke rooms.
“We’ve had to think about that quite extensively in our parks in the region … multigenerational travel is just part of the formula,” said Schott.
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Also part of the formula is Disney’s dining experience.
Aboard the Disney Adventure, guests will have an eclectic selection of food and beverages to try, with an emphasis on flavors that are popular in the region.
The Disney Adventure will have burgers and classic American fare at Stitch’s Ohana Grill, bubble teas at the Ursula-inspired Bewitching Boba and Brews, as well as pitas and kebabs at the Ms. Marvel-inspired Cosmic Kebabs.
There will also be Indian cuisine at Mowgli’s Eatery and Polynesian-inspired fare at Gramma Tala’s Kitchen.
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Rotational dining is also featured on the cruise ship, a staple of Disney’s service.
While passengers have the option to grab quick-service meals and snacks throughout the ship, several of its restaurants are included in a prescheduled dining plan. Guests have reservations for each of these themed restaurants and rotate through them during their cruise.
Disney rotates the restaurant staff, too, to follow each group of passengers to their scheduled restaurant. As a result, guests have the same servers, busboys and restaurant managers throughout their trip, and the waitstaff gets to know the guests — and their preferences.
“I think at the end of the day, this entry into the market needs to be a really strong one for us,” Schott said. “So we’re looking forward to really being able to deliver the Disney-level of service at an extraordinary level.”
Seth MacFarlane has delivered a hopeful yet cautious update on the future of his sci-fi comedy series “The Orville,” revealing that all 10 scripts for a potential fourth season are finished but production remains stalled due to his packed professional commitments.
Seth MacFarlane
In a recent interview with The Hollywood Reporter promoting the second season of his Peacock series “Ted,” MacFarlane addressed fan speculation about the show’s status nearly four years after “The Orville: New Horizons” concluded its third run on Hulu in 2022.
“I will be honest with you: Season four is written,” MacFarlane said. “It’s just a question of when we have the time to produce it. The 10 scripts are done. I’m the problem. It’s [a matter of] when I can make that my year, with all the other stuff we have in the works. But we can hit the ground running when it happens.”
The confirmation marks the most concrete progress reported on Season 4 since the series shifted from Fox to Hulu for its third season. MacFarlane emphasized that Hulu remains supportive and ready to move forward, underscoring the project’s ongoing viability despite the long hiatus.
“The Orville” blends Star Trek-inspired space exploration with irreverent humor, following Captain Ed Mercer (MacFarlane) and the crew of the USS Orville as they navigate interstellar adventures, personal relationships, and moral dilemmas. The show has built a dedicated fanbase for its character-driven storytelling, practical effects, and balance of comedy and drama.
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Season 3, titled “New Horizons,” aired in 2022 and received praise for its ambitious scope, including high-stakes storylines involving the Kaylon war, Krill alliances, and character growth for figures like Commander Kelly Grayson (Adrianne Palicki) and Dr. Claire Finn (Penny Johnson Jerald). The season ended on an optimistic note with the crew united, leaving room for future explorations but no cliffhanger demanding immediate resolution.
Despite the lack of new episodes, the series has maintained cultural relevance through streaming availability on Hulu and international platforms. Fans have kept hope alive through online communities, petitions, and convention appearances by cast members, who have consistently expressed enthusiasm for returning.
MacFarlane’s schedule has indeed been demanding. In addition to starring in and executive producing “Ted” — whose second season premiered in early 2026 — he has juggled multiple projects, including voice work, music, and development deals. He has described “The Orville” as a passion project that requires his full attention as creator, writer, director, and lead actor, making it challenging to carve out the extended production window needed for the show’s elaborate sets, visual effects, and ensemble filming.
Earlier reports, including comments from co-star Scott Grimes in 2024, suggested potential filming in early 2025, but no production has materialized. Some outlets speculated about renewal in late 2024, but MacFarlane’s latest comments clarify that while scripts exist and the network is amenable, timing remains the primary obstacle.
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The delay has sparked mixed reactions among fans. Many celebrated the script completion as a sign the show is far from dead, with social media buzzing over the prospect of new adventures for the Planetary Union crew. Others expressed frustration over the wait, noting that four years without new content risks losing momentum in a competitive streaming landscape.
MacFarlane has repeatedly insisted the series is not canceled. “Nobody has told me that it’s dead from the network,” he said in prior interviews, and the current update reinforces that sentiment. Hulu executives have previously praised the show, with ABC Entertainment and Hulu president Craig Erwich calling it a “great show” loved by fans, though no formal renewal announcement has followed.
The series’ future could hinge on MacFarlane prioritizing it amid his expanding portfolio. If production begins, the elaborate practical sets and VFX-heavy episodes typically require 12-18 months from start to premiere, potentially pushing a Season 4 debut to late 2027 or beyond.
For now, the 10 completed scripts represent a tangible step forward, keeping the door open for the USS Orville to resume its journey. MacFarlane’s candid acknowledgment of his role in the delay highlights the personal investment required for a project he has steered from inception.
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As “Ted” Season 2 unfolds and other commitments continue, fans await word on when — or if — MacFarlane can clear his calendar for the stars. Until then, the Planetary Union remains in a holding pattern, with scripts ready and hope enduring.
Partnership for New York City president and CEO Steve Fulop discusses the city’s budget shortfall and Mayor Zohran Mamdani’s proposed property tax hike on ‘The Claman Countdown.’
The longtime Manhattan residence of the late Ivana Trump has finally traded hands, but at a price that reflects a sobering reality for New York City’s luxury real estate market.
Property records show the opulent Upper East Side townhouse sold on Feb. 27 for $14 million, the Wall Street Journal reported. It’s a $12.5 million price cut from the original $26.5 million asking price set shortly after the businesswoman’s death in 2022.
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The $14 million sale comes after three price cuts over the past three years.
Even with the massive discount, the estate saw a $2.5 million return from what Ivana originally paid in 1992. Proceeds from the sale are set to be split among her three children, Donald Trump Jr., Eric Trump and Ivanka Trump.
A piece of the Trump family legacy, Ivana bought the home shortly after her divorce from President Donald Trump, and the nearly 9,000-square-foot limestone mansion served as the home base for their children during their teenage years.
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Ivana Trump’s New York City townhouse sold for $14 million in February. (Getty Images)
“My mom absolutely loved that house,” Eric Trump told the Journal in 2022. He also said the opulence “embodied Ivana Trump.”
The home was a real estate personification of Ivana’s bold, unapologetic style. She oversaw extensive renovations shortly after buying the property to transform the former dental office into a six-story monument to luxury.
Located on the Upper East Side between Fifth and Madison avenues, the Versailles-inspired home features gold accents and shades of red. It has five bedrooms, six bathrooms, two small galley-style kitchens and multiple entertaining areas.
Ivana Trump, ex-wife of Donald Trump, celebrates with her sons Donald Jr. and Eric at a party to introduce her brand of wine to her society friends on Oct. 18, 2011, at her East Side townhouse.
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Some of the more grand interior design features include Chinese murals, silk-covered walls, a leopard-print library and crystal chandeliers in almost every room.
Ivana Trump lived in the home for three decades until her death in July 2022. She was found unconscious at the bottom of a staircase in the home after what authorities ruled was an accidental fall that caused blunt impact injuries, Fox News previously reported.
While transaction volume for New York City townhouses rose in 2025, the actual average sale prices fell, according to Leslie Garfield & Co.’s 2025 townhouse report. By the third quarter of 2025, the average sale price for Manhattan townhouses dropped 14% to $6.9 million.
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Fox News host Lara Trump discusses the Trumps’ political future, the possibility of family members running for office and the resilience of President Donald Trump on ‘Kudlow.’
Adam Modlin of the Modlin Group represented the buyer and seller in the transaction. He did not immediately respond to Fox News Digital’s request for comment.
US President Donald Trump boards Air Force One before departing Palm Beach International Airport in West Palm Beach, Florida, on March 1, 2026, on his way back to Washington, DC.
Mandel Ngan | Afp | Getty Images
President Donald Trump has thrown his support behind crypto firms in their high-stakes battle with U.S. banks over whether they can offer interest-like returns on stablecoins.
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Trump, in a social media post late Tuesday, ratcheted up pressure on banks to relent on the stablecoin yield issue.
That’s the key point of contention holding up passage in Congress of the Clarity Act, which is a companion bill to the Genius Act approved last year, setting up a framework for regulated stablecoins.
“The Genius Act is being threatened and undermined by the Banks, and that is unacceptable,” Trump said in his post. “They need to make a good deal with the Crypto Industry because that’s what’s in best interest of the American People.”
While Trump’s decision to back the crypto industry could sway members of his Republican Party in the GOP-led Congress, it’s unclear whether his support is enough to ensure the bill’s passage. The move also raises fresh questions over potential conflict of interests, as the president and his family have reportedly generated hundreds of millions of dollars in wealth from interests in firms including the crypto platform World Liberty Financial.
The dispute between the industries centers on whether crypto firms like Coinbase can offer yields on stablecoins. While crypto companies see it as a consumer-friendly innovation that will let people earn money on their idle funds, banks have warned that the competing product could siphon trillions of dollars from their industry.
$6.6 trillion threat?
Executives from JPMorgan and Bank of America, the two largest American lenders by assets, have cited a Treasury study that indicated that banks could lose up to $6.6 trillion in deposits if stablecoins offered a yield.
That could destabilize some banks, especially smaller ones, and remove a source of funding for loans to businesses across the country.
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Allowing the less-regulated crypto industry to behave like quasi-banks could heighten systemic risk, banks argue. Crypto firms say that the risks are contained and that stablecoins backed by Treasuries will boost demand for U.S. debt.
“It can’t be, you have these people doing one thing without any regulation, and these people doing another,” JPMorgan CEO Jamie Dimon told CNBC’s Leslie Picker on Monday. “If you do that, the public will pay. It will get bad.”
In recent months, the president has hosted a series of White House meetings between the two sides in hopes of brokering a deal, but the banks haven’t relented, according to people with knowledge of the gatherings.
Now, he is explicitly putting his weight behind crypto.
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“Americans should earn money on their money,” Trump said in the post. “This industry cannot be taken from the People of America when it is so close to becoming truly successful.”
‘Full of s–t’
That phrasing is similar to language that Coinbase CEO Brian Armstrong has used in interviews. Coinbase is the largest U.S. crypto platform and provides yield to members through what critics in the banking industry call a “loophole” in current regulations.
Armstrong, seen by banks as their main adversary in this dispute, met with Trump at the White House shortly before his social media post Tuesday, according to a person with knowledge of the meeting. That detail was reported earlier by Politico.
Both banks and crypto firms have reasons to support passage of the Clarity Act, but it’s unclear whether that will happen, given the disagreement. Earlier this year, Trump attempted to pressure banks to cap credit card interest rates, but the industry had enough support among both Republicans and Democrats to ward off that threat.
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Tensions between Armstrong and banking CEOs have climbed since the Coinbase CEO has publicly called out banks for their opposition to stablecoin yields.
In January, Dimon reportedly told Armstrong he was “full of s–t” at a chance interaction at the World Economic Forum in Davos, Switzerland.
Capital markets regulator Sebi has overhauled the regulatory reporting framework for Alternative Investment Funds (AIFs), introducing a comprehensive annual reporting requirement and reducing the frequency of detailed quarterly filings.
In a circular issued on March 4, the regulator said AIFs are currently required to submit activity reports on a quarterly basis within 15 calendar days from the end of each quarter, in a format hosted by the Indian Venture and Alternate Capital Association (IVCA).
Sebi noted that the reporting format had been reviewed to incorporate changes made to the AIF Regulations and related circulars.
The move is also aimed at improving ease of doing business and reducing compliance costs. The regulator said the frequency of submitting reports had been reviewed in consultation with the Standards Forum of AIFs, and that a Sebi-constituted working group.
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Under the revised framework, AIFs will now be required to submit a comprehensive Annual Activity Report at the end of March each financial year. The report must be filed online on the Sebi Intermediary Portal (SI Portal) within 30 calendar days from the end of March. The first annual report will cover the year ending March 2026 and must be submitted by May 31.
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In addition, AIFs will continue to submit a limited Quarterly Activity Report in a revised format within 15 calendar days from the end of each quarter. The first such quarterly report under the new system will be for the quarter ending June 2026. However, no separate quarterly submission will be required for the March quarter, as the annual report will include those data points. The revised reporting formats will be made available on the IVCA website within three days of the circular’s issuance, and the association will assist AIFs in understanding the new requirements and resolving reporting-related issues. The changes come into force with immediate effect.
