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New York Real Estate News
Bankrupt Saks Global rescues 3 stores from the chopping block in last-minute reversal
You can still shop till you drop — sort of. The luxury department store conglomerate Saks Global — the parent company of Saks Fifth Avenue — has reversed a decision to shutter at least three stores this month, according to a report in CoStar. However, others...
NYC Alliance signs 11-year lease at 1441 Broadway in Midtown
NYC Alliance, a global player in branded and private-label apparel design and distribution, signed an 11-year lease for 50,000 square feet at LH Charney’s 1441 Broadway. It will leave and expand next year from 1411 Broadway nearby, where it has only half as...
Dairy Boy founder Paige Lorenze snags a buyer for $2.5 million Connecticut home
Dairy Boy founder Paige Lorenze may soon have some more cash to splash on renovations to the $4.7 million mansion she and fiancé Tommy Paul just purchased—after landing a buyer for her picturesque Connecticut starter home. Lorenze and Paul, both 28, who just...
New Yorkers looking to save money in the suburbs are in for a shock — 1 in 4 towns now cost more than $1M
The suburbs aren’t saving you any longer. For decades, the move to the suburbs was New York’s great pressure release valve. Ditch the 500-square-foot apartment, grab a backyard, cut your monthly nut in half. Simple math. Reliable math. The math is broken. A...
Abandoned Playboy Theater asks $6.5M in Miami Beach — a glittering home to iconic performances in its heyday
The velvet ropes are long gone. The bunnies, longer. But the room where Sammy Davis Jr., Ray Charles and the Supremes once stopped Miami Beach cold is back on the market. And for $6.5 million, someone’s about to get one of the most storied entertainment assets...
Homeownership costs consume nearly 100% of typical wages in some parts of the US
Housing costs are placing the greatest strain on buyers in California and New York, home to many of the least affordable counties in the U.S., according to the latest data from ATTOM, a provider of property data and real estate analytics. Among the 25 counties...
Massive Maryland farm heads to auction — with certain features dating to Colonial America
This 97-acre working farm in Maryland, which traces its roots to the 17th century, is heading to auction on April 9. Known as P.A. Bowen Farmstead, the Brandywine farm includes a 19th-century home with a kitchen that, in part, dates to 1665 — before the United...
Why paychecks are outpacing home prices in top US counties
Home prices have been rising faster than paychecks nationwide—but that trend hasn’t played out evenly across the country. Since the first quarter of 2024, the national median home price has risen 8% from $333,438 to $360,000, according to the latest...
Iconic steakhouse Delmonico’s eyes another potential Midtown NYC expansion
The lease that Delmonico’s Hospitality Group just signed for a nearly 12,000-square-foot restaurant at 1330 Sixth Ave. might not be the great steakhouse’s only planned expansion from its historic home at 56 Beaver St. downtown. Sources said Delmonico’s owner...
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