How much longer can developer Michael Shvo push up prices?

The luxury developer has gambled by purchasing exclusive properties across the U.S. and further developing them into elite and expensive residences. Sales thus far don’t clearly show that the gamble will pay off. Continue reading

New Jersey’s priciest waterfront condo hits the market at $6.995M

The penthouse is situated at the top of the 48-floor 77 Hudson in Jersey City and spans more than 3,800 square feet with 180-degree views. Continue reading

Are New York’s famously uptight co-op boards starting to chill out?

These “dinosaurs” of New York City’s luxury residential market are on the cusp of modernizing, agents told Inman. Savvy buyers who get in now can still invest while prices are undervalued. Continue reading

Superman’s apartment is real, and it’s available for $5.9M

The fifth-floor unit at the Standish in Brooklyn Heights was often mentioned in the “Superman” comic books as Clark Kent’s abode. Now the real-life 2,400-square-foot condo is for sale. Continue reading

Can an LA condo set a $50M record? Agents say, why not?

LA’s luxury condo market has never seen a sales price above $35 million. But some agents say that under the right conditions, a condo could sell for more — and it soon may be just the right time. Continue reading

Confused about condos? Here’s everything you need to know

Selling detached or single-family condominiums comes with a host of unusual issues. Trainer Bernice Ross shares how it works and what you need to know to provide expert service to your clients. Continue reading

5 years after Amazon staked its claim in Virginia, luxury is thriving

Since Amazon announced its ambitious HQ2 plans in 2018, Arlington’s lower-tier luxury market has been ravaged by homebuyers and developers alike — and the rush show no signs of slowing. Continue reading

Park Ave Billionaires’ Row condo sells for $37.5M

The upper-floor unit sold for nearly 20 percent more than the last time it was on the market in 2018, which was $31.5 million. The seller was a company tied to former NorthStar Asset Management CEO Albert Tylis. Continue reading

SEE: Inside ‘Fifteen,’ The Agency’s first-ever NYC luxury condo project

The brokerage launched sales this week for its first-ever luxury condo new development project in The Big Apple. Sales agent Shane Boyle filled Inman in on all the juicy details, including the unparalleled views. Continue reading

The market where rents rise faster than even New York

As uncomfortable as New York City’s rent hikes feel to many tenants now, they don’t compare to the soaring prices of Singapore’s prime rental market, The Wall Street Journal reported. Continue reading