Rental brokerage Keyo will pay landlords even if tenants default

The ‘Keyo Guarantee’ is currently available in New York City and ensures landlords will get up to 2 months rent if a tenant breaks or defaults on a lease. Continue reading

Why didn’t all the rain put a halt to homes sales this spring?

The conventional wisdom is that the past month of nonstop rain should have put a damper on real estate sales, but, in fact, the opposite has happened. Continue reading

Brown Harris Stevens isn’t for sale — but rumors persist

In a letter to the company’s more than 1,000 agents, CEO Bess Freedman and President Hall Willkie emphatically say the company is not for sale, and accuse an unnamed brokerage of spreading rumors to support unethical recruitment tactics. Continue reading

Where the billionaires are concentrated

While the census doesn’t name individual billionaires or their ventures, these trends toward tech-centric business creation certainly include the founders of high profile Bay Area companies such as Facebook and Google. It’s also unsurprising, then, tha… Continue reading

New Yorkers are rushing to buy before July 1 ‘mansion tax’ kicks in

New York’s “mansion tax,” which charges buyers extra for properties over $1 million, goes into effect July 1, and wealthy buyers are rushing to ink deals before the deadline. Continue reading

Airbnb eyes commercial buildings in new partnership

Airbnb is working to launch a new hospitality service that will give short-term renters access to spaces in commercial buildings in New York City. Continue reading

Big NYC brokerage strikes social media marketing partnership

Warburg Realty has embarked on a new partnership that will enable it to execute targeted social media advertising for all of its listings. Continue reading

How indie brokerages are using technology to survive

Smaller brokerages may lack the institutional muscle of the major franchises or the endless capital from Silicon Valley, but their bootstrapping innovations are nevertheless winning them listings and offering a model for independent players hoping to s… Continue reading

Subterranean garbage chutes and a cooling system for trees: The crazy tech behind Hudson Yards

Slated to open next month, Hudson Yards, the NYC mega project, features an eye-catching array of cutting-edge technology. Continue reading