Realogics Sotheby’s Realty partners with AI startup Realtie

As Washington cities undergo significant upzoning this year, timing of the firm’s partnership with the AI platform that can predict what sellers might enter the market soon and identify areas ripe for redevelopment couldn’t be better. Continue reading

Concierge Auctions launches new division focused on luxury condos

The division with an emphasis on new development is led by new dev marketing vets Louise and Paul Sunshine and will provide developers and financial institutions with an alternative to the traditional sales market. Continue reading

Bass weighs pause of ULA Tax as wildfire recovery continues

Los Angeles Mayor Karen Bass seems to be warming up to the idea of pausing the controversial ULA Tax as the city recovers from destructive wildfires, but it is unclear how she could do it. Continue reading

$10M-plus deals in Manhattan hit biggest week since December

There were 11 contract signings at $10 million-plus last week, and the city’s priciest closing was on a downtown condo that sold in an off-market deal for $60 million. Continue reading

Arizona marks 1st move beyond East Coast for SERHANT.

The new market is launching with over 50 agents who represent more than $500 million in sales volume over the past 12 months and who will offer more than 100 listings to start. Continue reading

Douglas Elliman wraps 2024 with hefty $76M net loss for year

The company squeaked out of 2024 with improved quarterly losses, even though net losses for the year were significant. CEO Michael Liebowitz expressed optimism for the firm’s future. Continue reading

The top 1% could buy nearly all homes in the US with their wealth

The value of America’s nearly 100 million homes hit $49.7 trillion at the end of 2024, as the combined net worth of the wealthiest 1 percent of Americans hit a record $49.2 trillion, according to a Redfin analysis. Continue reading

Former Engel & Völkers CXO Peter Ianos joins The Agency

Ianos has been in the industry for more than two decades, and spent about 12 years at Engel & Völkers, where he served in a variety of leadership roles. Continue reading

SoHo broker Keith Copley leaves Eklund | Gomes for Nest Seekers

Copley has specialized in SoHo’s luxury market for 30 years and sold over 50 apartments on Greene Street alone, growing a client roster that includes celebrities, athletes and Fortune 500 executives. Continue reading

Byron Allen sells unit inside NYC’s 220 Central Park South for $82.5M

The media mogul bought the 6,600-square-foot unit in 2023 for $75 million, and has clinched a healthy profit in an off-market deal. He also owns a smaller unit within the building. Continue reading