Widow of billionaire David Koch unloads Manhattan townhouse

The $41 million transaction is merely the most recent in a string of deals by philanthropist Julia Koch, who also purchased a pair of Upper East Side apartments last year from the estate of Paul Allen. Continue reading

Manhattan luxury-condo sellers are giving in to buyer demands

Even as transactions are going through for higher-priced condos and apartments, sales in the lower price tiers have been drying up. Continue reading

UrbanDigs launches custom advisory service for NYC agents

Reports from UD Advisor examine listings and specific situations with hyper-local market data, relevant sales and custom analytics from UrbanDigs to provide agents with actionable, data-based recommendations for their businesses, Inman has exclusively … Continue reading

Luxury agent Taylor Middleton exits SERHANT. for Douglas Elliman

Described as “one to watch” by Douglas Elliman Executive Chairman Howard Lorber, Middleton will operate out of Douglas Elliman’s flagship office in Manhattan, Inman has learned exclusively. Continue reading

Lindsay Barton Barrett and Maggie Leigh Marshall team up at Elliman

With Barton Barrett and Leigh Marshall at the helm, the team will work to expand its footprint throughout Manhattan, into North Brooklyn and across the new development market. Continue reading

Size matters: 4 traits guaranteed to make your penthouse stand tall

A “penthouse” title alone isn’t enough to get a seller top dollar anymore, according to a new report obtained exclusively by Inman from Jim St. André at Compass. Other factors play a key role, too. Continue reading

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