NYC real estate

NYC real estate

Free market buildings dominated NYC's multifamily market in Q1 2025, accounting for a record 88% of sales.

The historic townhouse at 38 Garfield Place in Brooklyn, once home to Al Capone, is on sale for $6.25 million after extensive renovations.

New housing developments and policy changes are shaping NYC's approach to housing and homelessness.

The city aims to expedite filling income-restricted apartments without the housing lottery.

Homeownership is costly and involves unexpected financial decisions post-purchase.

Passive House development offers 85 affordable apartments with communal resources for low-income families in Brownsville.

Strategic building improvements can help Brooklyn multi-family property owners reduce rising insurance premiums.

A Brooklyn family's ceiling is infested with raccoons due to prolonged neighbor construction, leading to unresolved disputes over responsibility and insurance claims.

Manhattan office leasing is thriving with substantial financing leading into the market.

Economic uncertainties and waning consumer confidence are impacting the housing market, defying typical trends of decreasing mortgage rates.

NYC rents continue to rise, driven by construction costs influenced by tariffs on steel and aluminum.

South Carolina ranks highest in homebuilding and affordability, demonstrating effective measures against the national housing crisis.

Higher inventory offers home shoppers more time to make decisions this year despite a dip in new selling activity.

Affordable housing markets in the Midwest and Northeast continue to attract significant buyer interest.

Queens man indicted for a $7 million real estate fraud scheme involving forgery and unauthorized property sale.

Wing Fung Chau is charged with grand larceny for allegedly defrauding business partners of nearly $7 million.

A tenant fighting to retain her rent-controlled apartment has not paid rent for over a decade, causing conflict with neighbors.

Cork City Council's tenant-in-situ scheme halted due to funding shortfall, risking increased homelessness among families and individuals.

Luxury real estate sales in NYC have surged by 35% since last year, demonstrating strong buyer demand despite economic volatility.

New Yorkers are cashing in on high gold prices, with a significant increase in jewelry sales at the Diamond District.

Sotheby's will auction significant works from Barbara Gladstone's collection, reflecting her impact on the art world and personal connection to the artists.

Sotheby's is set to auction works from the collections of Barbara Gladstone and Daniella Luxembourg, highlighting significant contemporary art.

Relocating for a job can bring significant financial benefits but also major life disruptions.

Relocating for work presents a challenging decision, balancing increased income against higher living costs and personal satisfaction.

Investment firms increasingly own residential properties, exacerbating housing issues in Madrid.

Community-driven support is vital for those facing eviction and rental hikes.

A three-alarm fire in Borough Park destroyed a store and apartments, displacing 20 people but resulting in no injuries.

Violations from housing inspections are publicly posted to help New Yorkers avoid hazardous living conditions.

NYC's housing crisis forces many new graduates to rely on roommates to afford living in the city.

Young professionals in New York City often rely on roommates to navigate the housing crisis and high rental costs.

Halftide Farms estate listed for $48 million after 40% price cut, featuring luxury homes and extensive amenities.