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
A penthouse within a not-yet-developed luxury condo building on Fisher Island is asking $90 million, and at that price, the sale would blow previous records for condos in the area out of the water. Continue reading
The estates, located on coveted Meadow Lane, span more than eight acres and encompass multiple buildings, a pool, a tennis court, two putting greens and 350-degree water views. Continue reading
The 6,230-square-foot property sold by British fashion entrepreneurs Tom and Ruth Chapman was put on the market for $42 million in June. Continue reading
Coldwell Banker Warburg President Frederick Warburg Peters coined the term to describe a phenomenon where one home trades hands briskly while a similar property nearby languishes. Continue reading
The move by Ellison comes a little over one year after purchasing the property for $80 million, and about two months after purchasing a separate $173 million estate in nearby Manalapan from tech entrepreneur Jim Clark. Continue reading
Someone applying for a typical Manhattan apartment would need to make a salary of $157,000 per year in order to afford the rent. Continue reading
Americans heading abroad for the summer, former Hamptons renters becoming homeowners and a surplus of inventory have all led to the market’s landlords slashing their rental prices this summer. Continue reading
The 14,000-square-foot spec mansion located in Palm Beach, just a few streets north of Mar-a-Lago, sold to an unknown buyer. Continue reading
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