Demand for luxury Hamptons real estate eclipses its pandemic peak

Sales of single-family homes in the Hamptons have soared 39.4 percent year over year while the total dollar value of home sales increased 90.9 percent to $2.1 billion during the same period. Continue reading

Median existing-home price sails to record high

The median existing-home sales price rose 23.4% year over year, propelling the median price to $363,300, the highest on record, according to the National Association of Realtors. Continue reading

Tennessee mansion comes with a hidden ‘Game of Thrones’ theater

“Top notch sound-proofing, theater system and Game of Thrones design will make you feel like you just stepped into Universal Studios,” reads the listing description. Continue reading

Richard Ferrari named new CEO of Douglas Elliman New York

Former CEO Steven James departed in April for Berkshire Hathaway’s HomeServices of America. Continue reading

Space tourism means closing gifts could soon be out of this world

Richard Branson’s successful trip to outer space means that space tourism is becoming a reality for the public. How long before it becomes a common perk offered to luxury buyers? Continue reading

Legendary Hamptons property auctioned off for debt repayment

Once listed for as much as $140 million, the estate known as Briar Patch that had belonged to education entrepreneur Chris Whittle, was auctioned off for $700,000 plus $6 million in debt accrued by Whittle. Continue reading

David Bowie’s NYC pad sells after less than a month on the market

The late pop rock icon bought the four-bedroom SoHo condo for $3.81 million in 1999. It sold earlier this month for $16.8 million. Continue reading