Coldwell Banker Warburg recruits Compass, Elliman luxury vets

Kathy Kaye and Lorraine Baker each have about two decades of industry experience and bring roughly $200 million each in career sales volume to the firm. Kaye joins from Compass, Baker from Douglas Elliman. Continue reading

Nir Meir charged with larceny alongside HFZ, Omnibuild execs

HFZ, Meir and executives from both HFZ and Omnibuild allegedly defrauded subcontractors, investors and the City of New York. Continue reading

Investment sales dropped 45% in Manhattan last year

Investor sales in Manhattan had their worst year in the past decade during 2023, if 2020 is excluded, according to a report from Ariel Property Advisors. Continue reading

Compass CEO Robert Reffkin comes out in favor of Homes.com

On Thursday, in conversation with Brad Inman at ICNY, Reffkin weighed in on the portal wars, predicted an improved market in 2024 and revealed he takes public transit around New York. 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

Can futuristic utopias solve our housing crisis?

People have been founding new cities forever. However, it turns out building a successful place is harder than it looks — and sometimes takes a very long time. Continue reading

NYC top producers to form The Luxury Alliance Team at SERHANT.

Alexandra Newman, MaryElizabeth Smith and Amit Golriz have left Corcoran to start a new mega team at SERHANT. with four additional Corcoran agents making the move with them. Continue reading

Nikki Beauchamp leaves Engel & Völkers for Sotheby’s

After nearly a decade at Engel & Völkers, Beauchamp said that now was a good time for her to start a new chapter. She landed at Sotheby’s largely because of how she believes her clients will be served by the brand’s international network. Continue reading

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