Gilded Age mansion breaks Fifth Ave. townhouse record in $50M sale

The Beaux-Arts-style townhouse had not traded hands in over 75 years and marks a price record for any townhouse sold on Fifth Avenue, according to Douglas Elliman Realty. Continue reading

Sale of Aspen mansion marks one of the city’s biggest deals ever at $69M

The buyers of Silver Lining Ranch, Meriwether Companies and Revere Capital, intend to rent out the mansion on a nightly basis as a short-term rental. Continue reading

Engel & Völkers Americas promotes NYC leader as chief strategy officer

In this role, Stuart Siegel will identify and manage new areas of growth opportunity, and keep his existing roles as a leader at the brand’s New York City office and as global head of Private Office and Development Services. Continue reading

St. Regis Chicago duplex deal marks priciest of the year for Windy City

The unidentified buyer of units on the 71st and 72nd floors of the Residences at the St. Regis Chicago inked the deal for $20.56 million, a far cry from Chicago’s priciest transaction of all time. Continue reading

The agent replied to a fishy email. Then Michael Jackson showed up

Over five years, Zar Zanganeh, then a young agent with Las Vegas Sotheby’s International Realty, nurtured a relationship with the musician until his death in 2009. In the process, he inked deals for Jackson, Brittney Spears and Prince, whom he was aske… Continue reading

Redfin launches in Hilton Head, South Carolina

In addition to its market expansion, the Seattle-headquartered brokerage also announced that its listing search coverage now encompasses 95 percent of the U.S. population. Continue reading

Luxury home sales plunge to 10-year low, surpassing COVID levels

Luxury home sales in the U.S. dove by 28.1 percent year over year during the three months ending Aug. 31, 2022 — eclipsing the 23.2 percent drop in luxury sales at the height of the pandemic — Redfin data shows. Continue reading

‘Succession’ penthouse at Hudson Yards goes for $35M, reports say

The 90th-floor unit in the 35 Hudson Yards skyscraper is where the fictional character Kendall Roy lives high above the rest of New York City, brooding and plotting his next move against his ruthless father, media mogul Logan Roy. Continue reading

Pacaso co-founders: ‘We’re in the early days of exciting new category’

Pacaso CEO Austin Allison and Board Chairman Spencer Rascoff spoke to Inman about the emergence of a game-changing second-home model on the eve of its launch into a new market in California. Continue reading