NYC rent soars to all-time high — and it’s not done yet, analysts warn

The median rent in Manhattan climbed to a new high of an astounding $4,175 per month, according to Douglas Elliman and Miller Samuel’s March 2023 New York City rental report. Continue reading

Cash deals hit all-time high in Manhattan as sales plummet 38%

The average sale price for a home in Manhattan fell 5 percent to $1.95 million while the median sale price fell 10 percent to $1.075 million, according to a quarterly market report by Douglas Elliman and Miller Samuel. Continue reading

‘2021 all over again’: Agents get to work as spring homebuying arrives

On the first day of spring, agents across the U.S. who spoke to Inman saw the return of bidding wars and busy open houses, suggesting that after a slow 2022 the market is turning a corner. Continue reading

Broker Tamir Shemesh lands at Nest Seekers after SERHANT. exit

Following the announcement of his untimely departure from SERHANT. after just one year, Tamir Shemesh has now joined Nest Seekers International, his fourth brokerage in the past six years. Continue reading

Bernie Madoff’s penthouse pulled from market: No buyers

The three-bedroom, three-and-a-half-bathroom property at 133 E. 64th St. on the Upper East Side sat on the market for 7 months without an offer, according to a report. Continue reading

Luxury holds steady despite overall Manhattan market slowdown in Q4

As prices and transaction volume both fell in Manhattan’s market at large year over year, luxury properties priced at or above $10 million still managed to perform well to close out 2022. Continue reading

Manhattanite shares $3,000-per-month apartment with pet possum

Willow Avalon shares the Hell’s Kitchen apartment with her possum, Nugget, who doesn’t help with her rent. She loves her apartment and said about moving, ‘Never, I’d sell a kidney first.’ Continue reading

Ivana Trump’s 17-room Manhattan townhouse lists for $26.5M

The former wife of the 45th president purchased the 5-bedroom, 5-and-a-half-bathroom compound in 1992 for $2.5M after her divorce from Donald Trump was finalized. Continue reading

Famously narrow Manhattan home goes under contract

The house at 75½ Bedford Street, known for being the former home of Pulitzer Prize-winning poet Edna St. Vincent Millay and for measuring just 9-feet-6-inches wide, is under contract. Continue reading