Madison Estates Sotheby’s merges with The Franzese Group

The Franzese Group is the latest addition to the 50 additional real estate professionals Madison Estates Sotheby’s International Realty has added to its team since affiliating with the brand in 2021. Continue reading

Manhattan median rent hits new $4K high, according to report

Someone applying for a typical Manhattan apartment would need to make a salary of $157,000 per year in order to afford the rent. Continue reading

Agent’s selfie at packed open house captures NYC rental market chaos

A video posted this month portrays the insanity of renting an apartment in New York right now, with tenants paying so-called “cuck money” and reports of more Airbnbs in the city than rentals. Continue reading

Compass dethrones Realogy as top brokerage in T3 Sixty Mega 1000

EXp Realty took the top spot for transaction sides. Both it and Compass grew sides and volume by hundreds of percent over the past year, according to real estate analysis and consulting firm T3 Sixty. Continue reading

Corcoran lands top spot in first-ever UrbanDigs NYC brokerage rankings

Corcoran took the top spot in Manhattan and Brooklyn with $2.54 billion in signed contracts, with Compass following close behind, according to the firm’s inaugural NYC quarterly report. Continue reading

Los Angeles agent Carl Gambino moving New York team to Compass

Carl Gambino, who has advised 2 of the 3 Jonas Brothers as well as Alex Rodriguez and Jennifer Lopez, is signing on with Compass in New York and leaving the Modlin Group, it was announced this week. Continue reading

Biggie Smalls former Brooklyn apartment sells for $2M

The iconic rapper’s former two-bedroom apartment, located in the Fort Greene neighborhood of Brooklyn, New York, closed on Dec. 14 for $2 million, after listing three months earlier for $1.7 million. Continue reading