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New York Real Estate News
Northeast apartment boom may lead to falling rent prices — even in New York City
Relief may finally be on the horizon for renters in the high-priced Northeast as the region outpaces the rest of the US in new apartment starts and completions, setting the stage for a wave of fresh inventory. In the first quarter of 2026, the Northeast posted...
The Hamptons summer housing market hits record highs — with $1M monthly rent now routine
The Hamptons rental market has always been expensive. But this year, it’s in another stratosphere entirely. A 12.2-acre peninsula estate in Water Mill is asking a mighty $2.5 million to rent from Memorial Day through Labor Day, making it the priciest summer...
One-of-a-kind ‘castle’ stands to sell for a bargain at auction — after failing to fetch $23M on the market
You can call this “castle” your home — and for a bargain, to boot. Perched above the river that divides Virginia and Maryland, a 16,800-square-foot mansion dubbed the Castle on the Potomac boasts eight bedrooms, 12 bathrooms — even a concrete-encased safe room...
Why no one wants to buy Manhattan’s rarest, most prized Gilded Age mansion
It has Tiffany & Co. stained glass, a mahogany theater, a glass conservatory with 180-degree Hudson River views and a rooftop terrace capacious enough to seat 100 for dinner. And yet, this rare Gilded Age relic at 25 Riverside Drive still can’t sell. The...
House prices will plummet in 300 US housing markets, study finds
A bombshell new forecast from Zillow finds more than one in three American housing markets heading into decline over the next year — and the cities taking the hardest hits are the ones that seemed untouchable just four years ago. Of the 894 housing markets...
Class action suit targets global commercial real estate firm for failing to protect client info during massive data breach
Cushman & Wakefield has been hit with a double whammy. First, the global real estate giant was the victim of a cyberattack — and now it faces a proposed class action for allegedly failing to protect former and current clients’ personal information....
NYC aims to shutter a ‘hot Asian lady’ brothel on Billionaires’ Row — after undercover officer was offered ‘manual stimulation’
A spa on Billionaires’ Row has been accused of operating a seedy brothel, advertising “Sweet, sexy, hot Asian” women, according to a complaint filed by the city. 57 Star Beauty Shop, which abuts supertall 111 W. 57th St. — currently advertising a $98 million...
David Harbour quickly, and quietly, rushed to sell his renovated ‘P—y palace’ for $2.7M at the time of his split
Before Lily Allen turned David Harbour’s private life into one of the most talked-about divorce albums of the decade, the “Stranger Things” actor was quietly making moves of his own. It started with a discreet off-market sale of the downtown Manhattan apartment...
Late San Francisco Giants Owner Peter Magowan’s Stunning Napa Valley Wine Estate Hits the Market for $13 Million
The stunning Napa Valley residence of San Francisco Giants owner Peter Magowan has been brought to the market for $13 million—seven years after the sporting giant died of cancer. Magowan, who died on Jan. 27, 2019, at the age of 76, purchased the stunning...