NYC’s top deals: Another Billionaires’ Row condo sells at a loss
There were 218 transactions, totaling $302 million, recorded in New York City on Friday, Aug. 29. 🏆 Residential: A resale at a Billionaires’ Row tower marked the priciest home sale recorded in the Big Apple ahead of Labor Day Weekend. An LLC managed by Biana Dudler parted with a condo on the 52nd f
NYC’s real estate hits: Cohen, Paramount and Trump Park Avenue
The last week of August started with billionaire Charles Cohen landing a bit of equity while trying to wiggle out of a tough spot. Steve Roth’s Vornado Realty Trust signed an agreement to buy Cohen’s 623 Fifth Avenue for $218M, a sale that helps pay off Cohen’s nearly $200 million judgment to Fortre
Can new players infiltrate NYC’s rental industry post-FARE Act?
Since New York City’s broker fee ban took effect earlier this summer, we’ve been keeping a pulse on the fallout. Among the initial consequences were an immediate decline in listings available on StreetEasy, a drop in the number of rentals recorded on the residential listing service and a rise in re
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