NYC REAL ESTATE NEWS
Landlord Sweeteners Continue in Manhattan’s Luxury Rental Market
Manhattan’s luxury rentals continued to trend downwards in April, with median monthly rent dropping to $7,995, a 6.3% decrease from a year ago, according to a report released Thursday by national brokerage Douglas Elliman. Compared with the previous month, April’s median rent fell 11.1%, or an equivalent of $1,000, for the luxury segment, which the…
Read MoreThe most expensive Brooklyn homes for sale
As real estate prices throughout New York City climb ever-higher, seeing homes in Brooklyn listed in the millions of dollars has become, frankly, pretty normal. The borough’s most expensive home sold for $15.5 million in the summer of 2015, and just recently, a condo sold for $15 million, showing that the borough’s real estate market…
Read MoreRobots in real estate?
BOT or NOT? This special series explores the evolving relationship between humans and machines, examining the ways that robots, artificial intelligence and automation are impacting our work and lives. NEW YORK — Robots may be taking over the world. But they won’t eliminate real estate agents — at least not anytime soon. That’s the message…
Read MoreJackson Heights Real Estate Costs Rise
JACKSON HEIGHTS — The highest real estate prices in Jackson Heights are still about one-third as expensive as what’s available in luxury-laden Long Island City, showing more buying options throughout the neighborhood, experts say. Last month’s listings across the area show the most expensive apartment, a three-bedroom, two-bath at 35-20 77th St., listed at $1.1 million — which…
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