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Photo of Sydney Lake

Sydney Lake

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Sydney Lake is an associate editor at Fortune, where she writes and edits news for the publication's global news desk covering generational dynamics, billionaire philanthropy, housing, real estate, luxury, and wealth. Before joining Fortune, Sydney served as the assistant editor of Virginia Business magazine and worked on the production desk at CQ Roll Call. She earned her bachelor’s degree in journalism and leadership studies from the University of Richmond and her master's degree in digital media management from the University of Southern California.
builders walking through construction site
Finance
High mortgage rates are finally hitting new home construction as builders are pulling back on projects
By Sydney LakeApril 17, 2024
Bill Gates
Finance
Bill Gates unloaded one of his properties in less than two weeks on the market—and it only cost $5 million
By Sydney LakeApril 15, 2024
A nice looking strip mall
Finance
Tired: Office conversions to residential. Wired: Turning dead malls and suburban shopping strips into apartments
By Irina Ivanova and Sydney LakeApril 13, 2024
Home buyers shaking hands with realtor
Finance
Nearly 30% of recent homebuyers have zero clue how much their realtor is paid—and a lot of people don’t know where that money came from 
By Sydney LakeApril 11, 2024
Postmaster General Louis DeJoy
Leadership
The Trump donor whom Biden can’t fire is running the U.S. Postal Service directly into the ground—just what everyone warned about when he was confirmed during the pandemic
By Sydney LakeApril 10, 2024
Manhattan penthouse
Finance
Billionaire Rupert Murdoch is taking an L on a Manhattan penthouse, slashing the asking price nearly 40% to $38.5 million
By Sydney LakeApril 9, 2024
Curtis Priem, Nvidia co-founder
Tech
Nvidia CEO Jensen Huang launched his company in a booth at Denny’s with his friends. Meet his cofounder who donated shares now worth $70 billion and moved off the grid
By Sydney LakeApril 5, 2024
Jeff Bezos
Finance
Jeff Bezos continues homebuying spree with a $90 million mansion in Miami’s ‘Billionaire Bunker’ area
By Sydney LakeApril 3, 2024
Homes going down a spiral
Finance
America is a land with more ‘million dollar cities’ than ever as ‘ridiculously large down payments’ rule the day
By Sydney LakeApril 2, 2024
Hand putting coins into house piggy bank
Finance
Housing has gotten so expensive that buyers need $56,000 for the down payment on an average home. That’s up nearly 25% from last year, Redfin says
By Sydney LakeApril 1, 2024
Walt Disney World dedicated nearly 80 acres to a massive affordable housing project near its Orlando park. But Orange County NIMBYs aren’t having it
Finance
Walt Disney World dedicated nearly 80 acres to a massive affordable housing project near its Orlando park. But Orange County NIMBYs aren’t having it
By Sydney LakeMarch 30, 2024
Shorline in Nantucket
Environment
A $2.3 million home listing in Nantucket slashed its price by a whopping 74% after its shoreline experienced drastic erosion in just a few weeks
By Sydney LakeMarch 28, 2024
Diddy
Leadership
Diddy’s estimated $1 billion fortune is at risk after 5 lawsuits with explosive allegations. Here’s how the entertainment mogul made his money
By Sydney LakeMarch 27, 2024
N.Y. Gov. Kathy Hochul
Finance
NYC vacancy rates are so low—and affordable housing is so sparse—that a super PAC has formed to elect politicians to build more homes
By Sydney LakeMarch 25, 2024
Man holding umbrella with down arrows raining down
Finance
Real-estate agents are going extinct just like travel agents did, award-winning professor says. ‘You just don’t need’ them anymore because of the internet
By Sydney LakeMarch 23, 2024
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