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New York Real Estate News
Downtown trophy properties go for millions, dominate New York City luxury sales
Luxury sales remained strong in New York City, with 31 contracts signed for a total asking-price sales volume worth $367,333,000. Condos outsold co-ops 21-7. Among those sales, nine contracts were trophy properties at $10 million and above, and all were located...
Sharon Osbourne lists longtime LA home 8 months following Ozzy Osbourne’s death
The Los Angeles home of Sharon Osbourne and Ozzy Osbourne is back on the market, this time with a $17 million price tag and a more final tone following the heavy metal icon’s death last summer. Tucked into Hancock Park, the early 20th-century estate had already...
The solution to America’s ongoing housing crisis starts with construction
America is short 4.03 million homes—and pioneers of the factory-built home construction business are hopeful that a spate of new law changes could help turn the tide. But the construction of these homes isn’t the only hurdle they face. The first starts at the...
Foreclosure sale for the decrepit Malibu mansion that Kanye West destroyed is delayed — again
What a long, strange trip it’s been for this Malibu monstrosity — a journey that seems like it may never end. The scheduled Tuesday morning auction for Kanye West’s former oceanfront mansion in the affluent coastal enclave has been postponed for the second time...
Church leaders support new plan YIGBY to solve the housing shortage: ‘Yes in God’s backyard’
A new movement is gaining traction among church leaders with the hopes of helping address affordable housing. Most people have heard about NIMBY, short for “Not in my backyard,” a term used to describe opposition to new housing or development projects in one’s...
Spring flowers that make your home more inviting to potential buyers
Spring has finally sprung, coinciding with a busy home-selling season. This year, the best week to sell your house is just around the corner. While home sellers get busy prepping the inside of their houses for showings, a property’s curb appeal can also make an...
Inside San Francisco’s ‘co-founder rooms’: the no-frills crash pads powering the AI gold rush
A new breed of Silicon Valley living arrangement is taking hold in San Francisco — and it’s one that looks less like a startup founder’s dream apartment and more like a stripped-down dorm. Dubbed the “co-founder room,” these shared setups are cropping up on...
Wealthy New Yorkers have been fleeing to Florida — but many are opting to rent instead of putting down roots
South Florida didn’t just win the COVID-19 pandemic-era migration boom; it hit the jackpot. As money drained out of old strongholds like New York, the Sunshine State netted $20.65 billion in annual adjusted gross income from tax filers who moved between 2019...
Opulent $58.5M home for sale at NYC’s iconic Flatiron Building finds its first-ever owner
It’s not even 25 stories tall, but Manhattan’s Flatiron Building keeps reaching new heights. A full-floor dwelling spanning the entire 21st floor — and one of the very few inside with signature decorative touches — has entered contract after asking a...
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