Just in time for 90th birthday, Carol Burnett's LA condo sells for $3.7M
Burnett purchased the 2,800-square-foot 13th-floor unit for $1.26M in 2002, and renovated it with husband Brian Miller in 2011. The property sold 5 days before her birthday, according to Zillow
by Lillian Dickerson Apr 28
$170M off-market mega-mansion deal sets new Palm Beach record
The transaction was conducted by a luxury car dealer and the founder of Green Mountain Coffee. It marks a new record for the luxury enclave, and is one of the priciest deals of 2023 so far
by Lillian Dickerson Apr 27
NYC rent soars to all-time high — and it's not done yet, analysts warn
The median rent in Manhattan climbed to a new high of an astounding $4,175 per month, according to Douglas Elliman and Miller Samuel's March 2023 New York City rental report
by Lillian Dickerson Apr 14
Cash deals hit all-time high in Manhattan as sales plummet 38%
The average sale price for a home in Manhattan fell 5% to $1.95M while the median sale price fell 10% to $1.075M, according to a quarterly market report by Douglas Elliman and Miller Samuel
by Ben Verde Apr 4
Patriots owner Robert Kraft inks record Palm Beach penthouse sale
The $23.75M sale marks the most expensive condo ever sold in Palm Beach, surpassing previous records in the high teens, according to appraisal firm Miller Samuel and property records
Undeveloped Miami-area penthouse asks record price of $90M
A penthouse within a not-yet-developed luxury condo building on Fisher Island is asking $90M, and at that price, the sale would blow previous records for condos in the area out of the water
by Lillian Dickerson Nov 28
Alibaba president offloads 2 Hamptons estates at $66.25M
The estates, located on coveted Meadow Lane, span more than 8 acres and encompass multiple buildings, a pool, a tennis court, 2 putting greens and 350-degree water views
by Lillian Dickerson Nov 21
America's biggest homes are just 30 miles from the country's tiniest lofts
From Tennessee to Michigan, 18 states lay claim to the country's largest and smallest homes now on the market, according to a new analysis. But the wildest extremes can be found in 1 region
British fashion entrepreneurs sell Beverly Hills home for $35.25M
The 6,230-square-foot property sold by British fashion entrepreneurs Tom and Ruth Chapman was put on the market for $42M in June. It's located in the celebrity hotbed of Trousdale Estates
by Lillian Dickerson Oct 31
What's a 'tornado housing market?' Hint: You might be in one right now
Coldwell Banker Warburg President Frederick Warburg Peters coined the term to describe a phenomenon where 1 home trades hands briskly while a similar property nearby languishes
Larry Ellison lists North Palm Beach oceanfront home for $145M
The move comes a little over 1 year after purchasing the property for $80M, and about 2 months after buying a separate $173M estate in nearby Manalapan from tech entrepreneur Jim Clark
by Lillian Dickerson Aug 17
Manhattan median rent hits new $4K high, according to report
Someone applying for a typical Manhattan apartment would need to make a salary of $157,000 per year in order to afford the rent
Surplus of Hamptons summer rentals is leading to price cuts
Americans heading abroad for the summer, former Hamptons renters becoming homeowners and a surplus of inventory have all led to the market's landlords slashing their rental prices
Palm Beach spec home brings in $50M
The 14,000-square-foot spec mansion located in Palm Beach, just a few streets north of Mar-a-Lago, sold to an unknown buyer
New Upper East Side condo goes under contract for $66.5M
The deal will combine the two uppermost units of the Bellemont condominium located at 1165 Madison Avenue on the corner of East 86th Street