Tenants rage as board votes to hike rent on millions of New Yorkers
Following an emotional hearing disrupted by protestors, a preliminary vote Tuesday by the Rent Guidelines Board set the stage for increases of up to 5% for 1-year leases, and 7% for 2-year leases
by Ben Verde May 3
The market where rents rise faster than even New York
As uncomfortable as New York City's rent hikes feel to many tenants now, they don't compare to the soaring prices of Singapore's prime rental market, The Wall Street Journal reported
by Lillian Dickerson Apr 28
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
The Bronx's Fieldston emerges as 1 of NYC's priciest neighborhoods
In an unexpected twist, the Bronx neighborhood saw the median property value increase a stunning 149% year over year, bumping it into NYC's 50 priciest 'hoods for the first time in Q1
by Lillian Dickerson Apr 27
$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
Lindsay Barton Barrett and Maggie Leigh Marshall team up at Elliman
With Barton Barrett and Leigh Marshall at the helm, the team will work to expand its footprint throughout Manhattan, into North Brooklyn and across the new development market
by Lillian Dickerson Apr 26
CoStar Group bucks sluggish market as revenue jumps 13% in Q1
The company, which in recent years has been making inroads into the residential space, reported that both Homes.com and Apartments.com saw significant growth in the first quarter of 2023
by Jim Dalrymple II Apr 25
Pam Liebman: Corcoran's 50th year, taking the high road and more
In advance of the brokerage's 2nd annual BeCorcoran event, the CEO spoke with Inman about Corcoran's past, present and future and how the brokerage is meeting a shifting market head-on
by Lillian Dickerson Apr 25
What to expect at Corcoran's conference in Nashville this week
As Corcoran celebrates its 50th anniversary at BeCorcoran this year, agents can expect market advice, branding and marketing tips, networking opportunities and more. Here's the highlights
by Lillian Dickerson Apr 24
Size matters: 4 traits guaranteed to make your penthouse stand tall
A 'penthouse' title alone isn't enough to get a seller top dollar anymore, according to a new report obtained exclusively by Inman from Jim St. André at Compass. Other factors play a key role, too
by Lillian Dickerson Apr 18
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
Their clients could buy homes. But they rent for $75K a month instead
Increasingly, wealthy would-be homebuyers are opting to rent in lieu of homeownership, choosing to cough up top dollar for $69,000-a-night Airbnbs and apartments for north of $100,000. But why?
by Taylor Anderson Apr 4
Ryan Serhant's brokerage kicks off national expansion with 6 markets
This first wave of expansion will include Florida, Pennsylvania, New Jersey, North Carolina, South Carolina and Connecticut. SERHANT. has also brought on local teams across those states
At Bespoke Real Estate, racial slurs were part of the job, new suit claims
Jarret Willis, a Black agent who worked at the Hamptons-based luxury brokerage, was smeared by epithets, including 'Jafar' in reference to the 'Aladdin' Disney movie, a white colleague claims
by Lillian Dickerson Mar 23
'2021 all over again': Agents get to work as spring homebuying arrives
On the first day of spring, agents across the US who spoke to Inman saw the return of bidding wars and busy open houses, suggesting that after a slow 2022 the market is turning a corner