Tag Archives: real estate board of new york

CoStar revenue rises to new heights in latest earnings report

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The company pulled in $499 million in revenue during the third quarter of this year. That’s a 17 percent jump compared to last year at the same time. Continue reading →

CoStar takes aim at Zillow in NYC with launch of Citysnap portal

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Homesnap’s new portal will launch across NYC in 2022. It’s the latest development in a simmering search portal war between CoStar and Zillow. Continue reading →

SEE: First pictures of SERHANT’s new state-of-the-art Soho office

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Boasting studios for podcasting and video production, Ryan Serhant’s flagship brick-and-mortar office in Manhattan aims to reimagine the modern brokerage. Continue reading →

Broker confidence in New York City plummets to record low

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The ongoing coronavirus pandemic has left brokers more pessimistic than ever about the present, though they are more upbeat about the future. Continue reading →

REBNY to temporarily end ‘days on market’ calculation

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The Real Estate Board of New York is eliminating the “days on market” calculation for its members’ listings. Continue reading →

Landlords halting evictions amid coronavirus emergency

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A coalition of landlords in New York City promised on Friday to stop evictions in most circumstances for the next 90 days. Continue reading →

New York broker fee ban paused amid industry lawsuit

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On Monday, a judge issued a temporary restraining order for a rule that would shift the burden of paying the fees from tenants to landlords. Continue reading →

Brokerages, REBNY to sue New York state over brokers’ fee adjustment

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The trade association confirmed it plans to file a lawsuit on Feb. 10 over new guidance that would have landlords in New York City pay brokers’ fees. Continue reading →

What does a rental agent in NYC do, anyway?

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Real estate brokers explain all of the responsibilities of the rental agent as the burden of paying them shifts to landlords in NYC. Continue reading →