Rent is falling fastest in markets that added the most new supply

Rent is now 0.7 percent lower for one-bedroom rentals nationwide than it was a year ago, but not in all markets, new report shows. Continue reading

Star broker Jaime Richichi moves to Sotheby’s International Realty

NYC Compass broker Jaime Richichi is taking her talents to Sotheby’s International Realty. Richichi’s home base will be SIR’s East Side Manhattan brokerage; however, she’s also licensed to serve clients at the brokerage’s East Hampton and William Pitt … Continue reading

Top producer Christian Rogers joins Elegran | Forbes Global

Rogers, a 17-year industry veteran, has left Compass after about five years. In 2012, Rogers co-represented the buyer of one of New York City’s priciest-ever co-op purchases, a $50 million Fifth Avenue unit. Continue reading

Nir Meir charged with larceny alongside HFZ, Omnibuild execs

HFZ, Meir and executives from both HFZ and Omnibuild allegedly defrauded subcontractors, investors and the City of New York. Continue reading

Full-floor unit at Aman New York sells for $61.58M

The 6,300-square-foot unit was purchased by Hong Kong-based private equity exec Terence Chan through a limited liability company, and initially asked more than $70 million. Tal Alexander of Official repped the buyer. Continue reading

New York-based David Rosen and team join SERHANT.

Rosen’s team includes seven additional real estate agents and one administrator, according to an announcement. Their move to SERHANT. comes as brokerages battle over top talent. Continue reading

What does it cost to live near the country’s biggest landmarks?

In some markets, prime real estate close to one of the nation’s leading destinations can be had for as little as $110,000. Elsewhere, it might cost a homebuyer several millions of dollars to live next to their favorite landmark. Continue reading

Billionaires’ Row penthouse goes under contract for over $100M

The duplex at Central Park Tower marks one of the rare deals in New York City that has commanded nine figures in recent years. When it was first listed in early 2023, the unit asked $175 million. Continue reading