Manhattan’s luxury market gains momentum after slow summer start

28 June 2024

Manhattan’s luxury real estate market is recovering after a sluggish start to the summer. Last week, buyers signed contracts for 31 properties priced at $4 million or more, matching the same period last year, according to Olshan Realty’s report. This […]

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Vornado Realty Trust’s 220 Central Park South snagged another top-dollar resale and one of the priciest deals to hit the books so far this year. 

26 June 2024

An unknown entity paid $81.5 million for two units at the Billionaires’ Row tower, marking the second most expensive sale to close in New York City since the start of 2024, according to public records.  The two apartments, units 63 […]

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NEW YORK: Penthouse Exceptionnel de $10M+ à louer

11 June 2024

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Choosing your neighborhood: The key to finding your dream home

3 June 2024

When searching for your dream home in NYC, the first step is often selecting the right neighborhood. The neighborhood choice is crucial for home buyers, influenced by lifestyle preferences and convenience. “Different people prioritize different aspects of a location,” explains […]

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Conversion of the Saks Fifth Avenue office building into housing.

17 May 2024

Cohen Bros, which manages nine office towers in Midtown and is currently grappling with over $600 million in overdue loans, is set to redevelop the upper sections of a 499,100-square-foot tower located between 49th and 50th streets. The plan involves […]

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Coral Gables and Miami Beach: prime havens for luxury homebuyers

10 May 2024

Coral Gables and Miami Beach are now home to some of the priciest residences in the United States, attracting wealthy buyers and driving up real estate values. According to Zillow, Coral Gables’ Gables Estates tops the list with an average […]

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What Does the Settlement About Broker Commissions Mean for New York?

12 April 2024

So what’s this lawsuit about Realtor commissions all about? This spring has brought significant challenges for the National Association of Realtors (NAR). In a landmark move, the association agreed to a $418 million settlement in March over allegations that its […]

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Vornado proposes innovative concept for former Hotel Pennsylvania location

16 February 2024

Vornado Realty Trust has introduced a new proposal for the site of the former Hotel Pennsylvania at 15 Penn Plaza. The company now aims to develop an 80,000-square-foot multipurpose event space, a significant change from the originally planned 56-story, 2.7 […]

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Weekly Manhattan Real Estate Market Report.

20 November 2023

Supply: There were 194 new properties on the market over the last 7 days, a decrease of -30% compared to last week. This adds to a total supply of properties available on the market for sale at 7,024. Contracts signed: […]

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