All brokerages are entering the winter of real estate: Mike DelPrete

Now that earnings are in for the big box brokerages, the anticipated revenue decline is clear. But does it tell the whole story? Continue reading

Undeveloped Miami-area penthouse asks record price of $90M

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

Alibaba president offloads 2 Hamptons estates at $66.25M

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

Douglas Elliman to expand into nation’s capital

Brokers and co-Presidents Ruth Boyer O’Dea and Evan Lacopo, both formerly of TTR Sotheby’s International Realty, will lead the three new locations in Washington, D.C.; Arlington, Virginia; and Bethesda, Maryland. Continue reading

Ivana Trump’s 17-room Manhattan townhouse lists for $26.5M

The former wife of the 45th president purchased the 5-bedroom, 5-and-a-half-bathroom compound in 1992 for $2.5M after her divorce from Donald Trump was finalized. Continue reading

Billions in losses, a brutal market and more from Q3 earnings season

A slowing market is taking a toll on big real estate companies, though not every firm is suffering equally. A look back on the past three dramatic weeks of third-quarter wins, losses and draws. Continue reading

Douglas Elliman releases Elliman Productions video and photo app

Powered by Infinite Creator, Elliman Productions allows agents to capture photos and videos of listings on their smartphones and receive branded and edited content within 24 hours. Continue reading

Douglas Elliman’s revenue declines as luxury inventory shortage lingers

The New York-based luxury real estate brokerage reported consolidated revenues of $272.6 million in third-quarter earnings Thursday, compared to $354.2 million over the same period in 2021. Continue reading

British fashion entrepreneurs sell Beverly Hills home for $35.25M

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

Carl Lindvall joins Holly Parker Team at Douglas Elliman

Lindvall joins the team from Great Point Properties Christie’s International Real Estate where he spent almost 15 years assisting buyers, sellers and renters of luxury properties in Nantucket. Continue reading