Once-priciest home in US slashes ask by a hefty $55M

The Central Park Tower penthouse, developed by Extell and Shanghai Municipal Investment, initially asked $250 million. The property is currently the tallest residence in the world. Continue reading

Amid the steel and glass, a warmer, fuzzier Billionaires’ Row emerges

As Billionaires’ Row continues to reshape Manhattan’s skyline one ‘supertall’ at a time, agents say a new class of buyer is gradually reshaping the demographics of New York’s most exclusive block. Continue reading

SEE: Inside ‘Fifteen,’ The Agency’s first-ever NYC luxury condo project

The brokerage launched sales this week for its first-ever luxury condo new development project in The Big Apple. Sales agent Shane Boyle filled Inman in on all the juicy details, including the unparalleled views. Continue reading

Gilded Age mansion breaks Fifth Ave. townhouse record in $50M sale

The Beaux-Arts-style townhouse had not traded hands in over 75 years and marks a price record for any townhouse sold on Fifth Avenue, according to Douglas Elliman Realty. Continue reading

‘Succession’ penthouse at Hudson Yards goes for $35M, reports say

The 90th-floor unit in the 35 Hudson Yards skyscraper is where the fictional character Kendall Roy lives high above the rest of New York City, brooding and plotting his next move against his ruthless father, media mogul Logan Roy. Continue reading

Los Angeles, Manhattan sweep biggest city deals of 2022 (so far)

From Beverly Hills to Billionaire’s Row, home sales in L.A. and NYC towered above normally hot Miami and San Francisco, according to an analysis of the top 10 city deals since October 2021. Continue reading

When mansion prices touch the sky, what does an extra $100M mean?

Hubris and a lack of comparables at the highest echelons frequently collide for inexplicable price differences from one estate to the next. But as with all real estate, location and size still matter. Continue reading

Inman Connect returns: Big parties, tech’s reckoning and a Zillow pile-on

The event wrapped up this week after a two-year, pandemic-forced hiatus — and highlighted all the ways the real estate industry is still evolving. Continue reading

New Upper East Side condo goes under contract for $66.5M

The deal will combine the two uppermost units of the Bellemont condominium located at 1165 Madison Avenue. In total, the condo will have four full floors occupying about 13,000 square feet, as well as 2,300 square feet of outdoor space. Continue reading

Coldwell Banker returns to Manhattan after long absence

A Brooklyn-based Coldwell Banker franchise has opened an office in Manhattan, marking the brand’s first entry into the dense New York City borough in years. Continue reading