NYC real estate

NYC real estate

Unit owners accuse developers of fraud over concealed defects at 432 Park Ave.

Trust issues plague Manhattan's expensive address amidst structural safety concerns.

Low mortgage rates are preventing many workers from pursuing job opportunities due to financial concerns.

The potential cost of moving homes outweighs the benefits of career advancement for many professionals.

Market turmoil has led to decreased confidence in the housing market, specifically regarding selling homes, despite an increase in job security sentiment.

Larger apartments are trending in 2024 due to remote work and suburban living.

Tallahassee and Gainesville, Florida, have the largest apartments in the U.S.

New apartment construction reached historic levels in 2024, but challenges like tariffs and immigration issues may hinder future growth.

Mortgage interest rates dropped below 3% during the pandemic, fueling an equity boom, but such low rates are unlikely to return soon.

Allegations against James involve falsifying documents to secure mortgage assistance, highlighting ongoing issues of mortgage fraud.

Trump criticizes New York Attorney General Letitia James, branding her a 'total crook' amid ongoing legal battles and allegations of mortgage fraud.

New York's spring auctions are significantly impacted by political and economic instability, leading to reduced sales.

Galleries at the Independent fair are adaptively meeting collector demands amidst an art market slowdown.

High buyer interest in move-in-ready homes and a premium for new properties characterize Brooklyn's real estate market.

Political and economic turbulence under Trump's administration is significantly impacting New York's art auction landscape.

Wealthy individuals are shifting towards luxury rentals due to economic uncertainty affecting their purchasing decisions.

New York City's average rent reached $3,966 in April 2025, far exceeding the national average.

Residents require an income of $158,472 annually to afford average rent comfortably.

Manhattan's luxury home market is experiencing a downturn, particularly in the trophy segment valued over $10 million.

New York City's tax lien sale process has been reformed to offer improved protections and resources for homeowners ahead of the upcoming deadline.

City attorneys secured court access to a vacant Harlem lot to exterminate a severe rat infestation.

A luxury estate in Manalapan, once owned by Billy Joel, is listed for $84.88 million with high-end amenities and dual coastline access.

Naples, Florida has transformed from a fishing town to a luxurious enclave attracting billionaires, known for its exclusivity and opulence.

Student loan repayment resumes, negatively affecting aspiring homeowners with debt amidst inflation and potential recession.

Resuming student loan payments will strain borrowers' budgets and priorities, possibly leading to increased defaults and bankruptcies.

Apartment sizes are increasing in 2024, reflecting a shift towards more spacious living as remote work persists.

Bigger apartments are returning as remote work increases demand for more space, with average apartment sizes growing in 2024.