$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

Recruiting, somehow, is only getting more intense in 2025: Intel

Real estate agents are still fielding frequent recruiting inquiries, results from the latest Inman Intel Index show, but relationships appear to be the lynchpin spurring many of them to act. 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

Civil lawsuits against Alexander brothers alleging assault pile up

On Tuesday, 11 new civil lawsuits were filed against the brothers under an extension of the New York City Gender-Motivated Violence Act. A majority of plaintiffs allege they had been drugged before being assaulted by the Alexanders. Continue reading

Former Google CEO scores buyer for $39.5M NoHo penthouse

Former Google CEO Eric Schmidt has found a buyer for his Manhattan penthouse, which listed for $39.5 million in December. It was the priciest home under contract last week among 29 NYC properties. Continue reading

More charges to come against Alexander brothers, feds say

After sifting through online accounts and tech devices associated with the brothers, prosecutors said more charges against them will be forthcoming. Their federal trial has been scheduled for Jan. 5, 2026. Continue reading

John Lawrence boomerangs to Douglas Elliman from Compass

The 30-plus year real estate vet spent about 15 years during the peak of his career at Douglas Elliman and recently returned after a roughly three-year stint at Compass. His 19-person team is also joining him at Elliman. Continue reading

NYC real estate vet Scott Harris launches Magnetic firm with Side

After 18 years with Brown Harris Stevens, Harris has set off on his own with members of his previous team alongside him. The firm will put a high focus on client and agent service. Continue reading

After a strong year, luxury is poised for strategic shifts in 2025

In 2024, Manhattan was the top destination for buyers of properties priced at $10 million and up, according to a report from Compass. Reports from Sotheby’s and Christie’s Real Estate show big shifts across borders, generations and more in the year ahead. Continue reading

Angelica Parker lawsuit against Alexanders tossed on technicality

Judge Lewis A. Kaplan said the Adult Survivors Act supersedes the Victims of Gender-Motivated Violence Protection Law in her case, meaning Parker will have until Feb. 14 to amend the lawsuit. Continue reading