Despite being a frequent target of controversy , the Airbnb brand has flourished as apartment dwellers embracing the sharing economy have started making extra cash by renting out their units in short-term intervals. It now ap…
For the second week in a row, the Manhattan luxury residential market experienced lackluster sales. According to the latest report from Olshan Realty, only nine contracts for properties $4 million and above, were signed during the week…
The performance of the Brooklyn and Queens residential markets during second quarter 2019 can simply be summed up as this: rising median sales prices and declining number of sales. According to new 2Q 2019 reports released by Douglas Ellim…
After a lengthy foreclosure and bankruptcy process lasting nearly a decade, the auction of the site known as One Bennett Park, located at 29 Overlook Terrace in Upper Manhattan, will be auctioned. The auction was recently announced by New Y…
You could blame the new mansion tax for last week's flat Manhattan's luxury residential sales.performance. According to Olshan Realty's luxury market report for Manhattan properties $4 million or above, there were only nine propert…
Buyers who were looking to acquire homes before the city's new mansion and transfer taxes went into effect on July 1 was a factor in increased Manhattan co-op and condo sales during second quarter 2019. According to the latest Manhattan ma…
The Bronx may not be known as NYC's most glamorous borough, but a drive through the city's northernmost section reveals signs of renewal and development that would've been almost unthinkable just a few years ago. From new apartment construc…
According to a recent report from the New York State Comptroller's Office, high housing costs negatively impact the quality of life for millions of homeowners and renters. In the study titled “ Housing Affordability in New York State …
It sounded too good to be true when it was first publicized last year: buy an $85 million Manhattan penthouse condo, and you'll get two Rolls Royces and a trip to space as perks. Now it might've been just wishful thinking. The New York…
Like many other American cities, New York City is currently mired in an affordable housing crisis. And the situation seemingly grows more dire by the day. As Gothamist reported earlier this year, weakened rent laws and economic pressure…