"The residential sale of a year, in which a Broadway producer paid a record price for an apartment previously owned by another producer, had drama after a decade in which the apartment went on and off the market."
"The member in need fund is one of the most meaningful ways that REBNY supports our members, Beth Gittleman, of Compass, said."
"Maria Octavio, of City Sphere, on video said the fund helped her amid cancer and Covid. It's good to know that we have this umbrella that can help take the rain away, she said."
"Manhattan residential prices as of March were up 6.0% year over year to a median price of $1.3 million, according to Redfin."
The Real Estate Board of New York hosted its 37th Residential Deal of the Year Benefit and Awards, uniting nearly 400 industry professionals. The event raised funds for the REBNY Member in Need Fund, which supports members facing challenges. A notable award was given for a record residential sale involving a Broadway producer. Despite market challenges, Manhattan residential prices increased by 6.0% year over year. The event emphasized community support and resilience within the real estate sector amid ongoing economic discussions.
Read at www.amny.com
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