Inman debuts inaugural class of New York Power Brokers

With this new honor, Inman celebrates the individuals who are making it happen in the Big Apple, one of the country’s most competitive real estate markets. Continue reading

Billionaires’ Row penthouse goes under contract for over $100M

The duplex at Central Park Tower marks one of the rare deals in New York City that has commanded nine figures in recent years. When it was first listed in early 2023, the unit asked $175 million. Continue reading

Queens is poised to unseat Brooklyn as hottest NYC borough

A new report from StreetEasy suggests that the World’s Borough will be crowned the hottest borough in New York City after a stellar 2023. Continue reading

A Maryland homeowner just filed yet another commission lawsuit

The case is the latest of numerous antitrust lawsuits that have emerged in the wake of the October verdict in Sitzer | Burnett. It names NAR, Compass, Redfin and others as defendants. Continue reading

The 31 biggest residential deals of 2023 commanded $50M or more

New York City and Palm Beach saw the greatest number of high-end luxury sales this year, while Los Angeles, marred by the new mansion tax, did not make the list. Continue reading

Can an LA condo set a $50M record? Agents say, why not?

LA’s luxury condo market has never seen a sales price above $35 million. But some agents say that under the right conditions, a condo could sell for more — and it soon may be just the right time. Continue reading

Real estate CEOs: Big changes from bombshell suits ‘improbable’

The bombshell verdict of Sitzer | Burnett rocked the real estate industry, but recent earnings reports suggest many of its most recognizable CEOs don’t anticipate major disruptions. Continue reading

Commission lawsuits are piling up. Keep track of them all right here

In the wake of the Sitzer | Burnett verdict, the number of bombshell lawsuits has rapidly multiplied — putting more pressure than ever on real estate’s status quo. Here’s a rundown of all the cases. Continue reading

Mother of all commission suits filed in Illinois, this time by homebuyers

“Batton 2,” exponentially larger in scope than Sitzer | Burnett and the Moehrl commission suits, was filed last week in Illinois and takes aim at many of the defendants in another new suit called Gibson. Continue reading