NYC rents grew 7 times faster than wages last year
The nation's biggest city saw the biggest gap emerge between the rates of wage growth and rent growth, according to a new report from Zillow
by Ben Verde May 7
'RHONY' alum Sonja Morgan auctioning UES townhouse
The 4,650-square-foot home is also being listed for $7.5M by Adam Modlin of the Modlin Group. Bidding is expected to begin around $1.75M to $3.75M
by Lillian Dickerson Apr 25
Anywhere's revenue holds steady in Q1 amid 'tough' housing market
Generated revenue remained flat at $1.1B from the same period a year ago while the franchisor improved net losses by 27% year over year to a loss of $101M, according to a Thursday earnings call
by Lillian Dickerson Apr 25
'RHONY's' Erin Lichy heads to Compass to launch new team
The reality TV star has left the Eklund Gomes Team at Douglas Elliman to start the Erin + Alex Team at Compass with Alexandra Hedaya. It will operate in New York, the Hamptons and Florida
by Lillian Dickerson Apr 19
Big Tech loses its appetite for office space, adding to landlord woes
Tech firms such as Meta, Amazon, Salesforce, and Google are offloading office space and letting commercial leases expire
by Ben Verde Apr 16
Should your next hire be a generative AI assistant?
Forget searching online for the perfect assistant, trainer Bernice Ross writes. AI is rapidly evolving, and the best assistant you have ever hired may be just a few clicks away
by Bernice Ross Apr 10
NYC's 'worst landlord' attacked first day of 2-month Rikers sentence
New York City's worst landlord, Daniel Ohebshalom, was punched on Friday during an inmate brawl at Rikers. Ohebshalom was sentenced for failing to fix more than 700 housing violations
by Marian McPherson Mar 25
A man is the face of SERHANT., but the firm is powered by women
You probably know Ryan Serhant and Josh Team pretty well, but how about the firm's female leaders who are helping to drive it to success? Here's an introduction
by Lillian Dickerson Mar 25
NYC landlord with 700 safety violations starts 60-day jail stint
New York City's worst landlord, Daniel Ohebshalom, has been sentenced to 60 days in jail for 700 safety violations, including faulty plumbing and electrcity, mold and recurring rat infestations
by Marian McPherson Mar 22
Lesson Learned: Take care of your money, and it'll take care of you
Find out how SERHANT. agent Marzena Wawrzaszek built her business from the ground up and how her childhood dreams combined to create a life by design
by Christy Murdock Mar 21
Douglas Elliman doles out Ellie awards for top NYC producers
Douglas Elliman unveiled its annual Ellie Awards this week, singling out brokers who performed well despite challenging economic conditions
by Ben Verde Mar 18
Jail ahead for ‘worst landlord on this planet’ over squalid rentals
The sheriff has been ordered to arrest a landlord twice named worst in New York City and bring him to Rikers Island for up to 60 days over hundreds of building violations
by Taylor Anderson Mar 13
Coldwell Banker Warburg recruits Compass, Elliman luxury vets
Kathy Kaye and Lorraine Baker each have about 2 decades of industry experience and bring roughly $200M each in career sales volume to the firm, Inman has learned exclusively
Star broker Jaime Richichi moves to Sotheby's International Realty
After 2 years at Compass, NYC-based real estate broker Jaime Richichi is moving to Sotheby's International Realty. Richichi has a lifetime sales volume of $100M
by Marian McPherson Feb 26
Loans for commercial and multifamily buildings fell 25% in Q4
Loans for office buildings specifically dropped 68% year over year and 32% quarter over quarter as investors remained wary about the risk-heavy sectors and interest rates remained high
by Ben Verde Feb 13