Who needs a penthouse when you can have a 100th-floor private club?

A penthouse in the tallest residential building in the world would draw big bucks. But at Central Park Tower, which holds that title, residents will have access to a private club on the 100th floor. Continue reading

A son’s plea to mom: You’re a lousy landlord — and now I’m suing you

William Koeppel, 62, filed a claim with the Surrogates Court of Manhattan accusing his 84-year-old mother Roberta Koeppel of negligence, claiming she let the family’s portfolio of buildings rot. Continue reading

Manhattan median rent hits new $4K high, according to report

Someone applying for a typical Manhattan apartment would need to make a salary of $157,000 per year in order to afford the rent. Continue reading

Coldwell Banker Warburg gets new Sales Director Christopher Totaro

Christopher Totaro will now lead the company’s Tribeca office. Totaro’s elevation comes about eight months after Coldwell Banker acquired Warburg Realty. Continue reading

Brown Harris Stevens sets Rhinebeck, NY, storefront opening

The brokerage also revealed that associate broker Lisa Fountain will be the office’s executive director of sales. Continue reading

Compass dethrones Realogy as top brokerage in T3 Sixty Mega 1000

EXp Realty took the top spot for transaction sides. Both it and Compass grew sides and volume by hundreds of percent over the past year, according to real estate analysis and consulting firm T3 Sixty. Continue reading

Bidding wars dip for first time in 2022 — but competition still fierce

Agents still face tough conditions despite homebuyer competition, according to a new report from Redfin. Competition is slightly less tough. Continue reading

Los Angeles agent Carl Gambino moving New York team to Compass

Carl Gambino, who has advised 2 of the 3 Jonas Brothers as well as Alex Rodriguez and Jennifer Lopez, is signing on with Compass in New York and leaving the Modlin Group, it was announced this week. Continue reading