Douglas Elliman fair housing case reveals agent confusion over law

A discrimination lawsuit filed in August by Shaniqua Newkirk, a Black Section 8 voucher recipient, against several Douglas Elliman agents has brought to light misconceptions about agent obligations when it comes to fair housing. Continue reading

Former Keller Williams NYC office auctions for $11.3M

Former Keller Williams NYC market center owners Ilan Bracha and Heim Binstock’s battle for their 377 Broadway office is officially over as a new owner snapped it up at an auction for $11.3 million. The office went into foreclosure in 2018 after the duo… Continue reading

Developer Richard LeFrak steps down from 140-year-old family firm

The longtime developer and CEO, who inherited the helm from his father Sam, will continue to work at LeFrak Organization as his sons, Jamie and Harrison, lead the company into the future. Continue reading

Outfoxed! Rupert Murdoch paid 20% over ask for Manhattan co-op

The Fox News founder paid nearly 20 percent — or $5.2 million — above the $30 million asking price on the 6,500-square-foot Hampshire House unit he he bought in February, according to disclosures. Continue reading

Lindsay Barton Barrett and Maggie Leigh Marshall team up at Elliman

With Barton Barrett and Leigh Marshall at the helm, the team will work to expand its footprint throughout Manhattan, into North Brooklyn and across the new development market. Continue reading

Keller Williams Black Label sues SERHANT. over Philly expansion

Weeks after announcing a national expansion, Serhant and his partners are facing a $10 million lawsuit and allegations of concocting a scheme to “loot” a Pennsylvania brokerage in an effort to expand. Continue reading

A theory is emerging online about a mass exodus from New York City

Warehousing? Inflated algorithms? Shady developers? They’re all part of a new report on what’s driving up rental prices in New York City. However, social media users aren’t buying the theory. Continue reading

SERHANT. says goodbye to top broker Tamir Shemesh

The motivation for Shemesh’s termination was not immediately known and came just over one year after Shemesh and his four-person team moved to SERHANT. from Douglas Elliman. Continue reading

Pool of agents working in LA shrunk amid slowdown last year: Analysis

The number of active real estate agents in LA decreased by 27 percent year over year, falling from 4,800 agents in the fourth quarter of 2021 to 3,500 agents during the same period in 2022. Continue reading