Shifting real estate grounds: NAR rule change to transform agent commissions and homebuyer responsibilities

22 March 2024

In a landmark move that could reshape the real estate industry, the National Association of Realtors (NAR) has proposed a settlement that, pending court approval, will significantly change how agent commissions are handled. Set to be implemented in mid-July, this […]

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An appeals court decision that reversed the termination of an Edgewater condo could suspend buyouts throughout the state. Order raises concerns about the developer’s Edition Residences’ future.

15 March 2024

A recent decision by a Florida appeals court has stirred the real estate sector by challenging a condominium termination in Miami’s Edgewater, potentially affecting statewide buyouts. This ruling in favor of the Biscayne 21 condo owners, who opposed their association’s […]

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How do South Florida home prices affect prospective buyers?

23 February 2024

Despite growing costs, more individuals are purchasing homes in South Florida. According to the most recent monthly home sales report from the Miami Association of Realtors, property prices in Miami-Dade and Broward counties are currently +1% to nearly +16% higher […]

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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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Miami sees surge in short-term rental growth surpassing traditional condo developments

12 February 2024

In Miami’s prime real estate districts, including Downtown Miami, Brickell, Edgewater, and Miami Beach, a surge in short-term rental condos is reshaping the property landscape. A recent report from ISG World reveals that out of 15,216 units in the development […]

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Miami Beach Canopy Bridge

29 January 2024

In Miami Beach, construction of the Miami Beach Canopy Bridge, a pedestrian bridge over the MacArthur Causeway, is slated to start by summer 2024 following a delay of two years. This development is part of an agreement tied to a […]

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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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Financial District: The New York City area where families are occupying vacant office spaces

17 November 2023

In recent years, several old office buildings, including a 1907 office tower and the former Bank of New York headquarters at 1 Wall Street, have been converted into luxury apartments. This change is part of a larger trend in the […]

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Weekly Manhattan Real Estate Market Report.

13 November 2023

Offer: There were 278 new properties on the market over the last 7 days, an decrease of -21% compared to last week. This adds to a total supply of properties available on the market for sale at 7,216. Contracts signed: […]

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