New York passes pied-à-terre tax on luxury 2nd homes
Targeting 2nd homes valued at $5M+, it's projected to generate hundreds of millions annually
by Jessi Healey May 28
New York City real estate
Affordability won't get a foot in the door with the proposed pied-à-terre plan
by Michael Rossi May 13
Naples estate shatters Florida home sale record with $225M sale
The waterfront estate has become the most expensive residential transaction in state history and the 2nd-priciest in the country
by Richelle Hammiel Apr 28
Ken Griffin sells Chicago penthouse half price at $11M
The Citadel CEO has been offloading his Chicago properties as he continues to separate from the Windy City and put down more roots in Miami, where he and his company relocated in recent years
by Lillian Dickerson Oct 22
Major real estate players push back against Florida's foreign buyer ban
Lobbying group the Real Estate Roundtable, which represents the interests of investors like Blackstone, is appealing to state legislators to amend Gov. DeSantis' foreign investment ban
by Lillian Dickerson Dec 12
St. Regis Chicago duplex deal marks priciest of the year for Windy City
The unidentified buyer of units on the 71st and 72nd floors of the Residences at the St. Regis Chicago inked the deal for $20.56M, a far cry from Chicago's priciest transaction of all time
by Lillian Dickerson Sep 26
NYC nears record levels, Miami rivals Palm Beach: SERHANT.
The super-prime market remained resilient, although low inventory and stock market volatility impacted buyers a bit during Q2, SERHANT.'s Garrett Derderian said
by Lillian Dickerson Jun 29
Former Citadel executive named as Opendoor's chief investment officer
Daniel Morillo is joining the iBuyer in the company's newly created CIO role
by Patrick Kearns Oct 23