Affordability is ‘getting worse, not better’: Report

An alarming new report says 90 percent of the new houses being built today can be purchased by just 10 percent of American households. Student debt and lack of building are a couple of factors to blame. Continue reading

‘Ri-dam-diculous’: Compass agents’ Harlem ad prompts blowback

A tweet featuring The Couzens Team’s sign in Harlem drew 9,000 retweets, 37,800 “likes” and hundreds of accusations of gentrification. Continue reading

Co-living startup Venn raises $40M to ‘reinvent urban neighborhoods’

Co-living startup Venn announced Tuesday it raised $40 million in its first round of funding. The Tel Aviv, Israel-founded company operates aims to take on giants in the space like WeLive by supporting entire neighborhoods, from managing homes to suppo… Continue reading

Lawsuit alleges New Yorkers built an illegal Airbnb empire

The group allegedly spent years illegally renting out dozens of properties all across New York City, and ultimately made millions of dollars. Continue reading

Engel & Völkers continues rapid expansion with Oklahoma office

The international franchisor added a new US location in Oklahoma City just weeks after opening in Brooklyn, New York, and Napa, California. Continue reading

Compass nabs top Brooklyn producer from Douglas Elliman

Scott Klein and at least five members of his team are making the jump from Douglas Elliman to Compass in Brooklyn, where the brokerage is rapidly expanding. Continue reading

Matt Damon nabs record-smashing Brooklyn penthouse

Matt Damon recently purchased a $16.745 million condo in the Standish in Brooklyn Heights — the most expensive listing in Brooklyn history. Continue reading