Rental prices have fallen for the 15th month in a row – so of course it makes more sense to rent rather than buy, right? It’s not that simple. Right now, it’s more affordable to rent than to buy in all 50 major metro areas, according to Realtor.com’s October 2024 Rent Report. The median asking … Read more
A population boom in Montana is driving up home prices there faster than any other state in the country, for better or for worse. The trend predates the wildly popular drama series Yellowstone, which debuted in 2018 and stars Kevin Costner as Montana rancher John Dutton. The final episodes of the series began airing earlier … Read more
A stunning Victorian Gothic mansion on a 13-acre estate in the exclusive celebrity enclave of Snedens Landing, New York — located within Palisades Village — has closed for $26.12 million, setting a record for Rockland County, brokers said. The news was first reported by Mansion Global. The home, known as Niederhurst, first went on the … Read more
Americans approaching retirement age — and those already at that stage — are prioritizing happiness over affordability when looking for a new home. Most are looking for a destination that is a “place of pleasure,” according to new research from US News & World Report on its 2025 Best Places to Retire list. “The 2025 … Read more
New York, New York – it’s a terrible city! That is if you can afford it. In a city where rent is sky high, the thought of home ownership within the five boroughs can seem completely out of reach for many. The latest figures are quite sobering. In October, according to the latest Realtor.com market … Read more
Harry Macklowe’s $2 billion condo conversion of the former Irving Bank tower at One Wall Street has been a retail boon for Fidi — but his mostly unsold condos look like a lump of coal to Macklowe. As the neighborhood cheers for the building’s beautiful restoration and welcomes the first U.S. location of luxury French … Read more
Sales of new single-family homes in the US fell to their lowest level in nearly two years in October, likely as rising mortgage rates put buyers on the sidelines and hurricanes disrupted activity. Sales of new homes fell 17.3% to a seasonally adjusted annual rate of 610,000 units last month, the lowest level since December … Read more
Divorced and “rootless,” Danish-born architect Thomas Juul-Hansen had just graduated from Harvard University’s School of Design with a Master’s degree in Architecture when he decided to go on a two-month motorcycle tour. “I started in New York and this is where I ended up,” Juul-Hansen told Gimme Shelter. “It’s the only part of America I … Read more
New York City’s sky-high rents have actually gotten a little cheaper in certain neighborhoods. That’s according to new research from local listings portal StreetEasy, which found that house hunters looking for a new lease to sign may want to check out Prospect Lefferts Gardens in Brooklyn. There, the median asking rent in October hit $2,850, … Read more
Steiner NYC, the company that created the Hollywood-inspired Steiner Studios for film and television production, has refinanced another important component of the Brooklyn Navy Yard. The $148.5 million bridge loan from Deutsche Bank is for Admirals Row, the 8-acre, 696,000-square-foot mixed-use complex that is home to Wegmans and 350,000 square feet of light industrial and … Read more