NYC’s tax revenue soars, while job market faces its own challenges

Real estate-related taxes soared to an all-time high of $37 billion last year. That figure is expected to climb even higher to $40 billion in 2025, according to a REBNY report. Continue reading

Distress in office sector climbs to 12-year high, new report says

Over $38 billion in office buildings show signs of distress in downtowns across the nation as the sector continues to struggle through the high rate environment. Continue reading

Serhant. to launch new office in the Hamptons this summer

The new office location, “Serhant. House Hamptons,” is expected to open in summer 2022 and will help bolster the firm’s existing operations in the luxury market outside of New York City. Continue reading