ONE Sotheby's taps Compass alum Lena Johnson as CMO
The marketing executive spent 8 years at Vogue before transitioning into real estate and was instrumental in the founding of Compass' luxury division
Mr. Cooper faces slew of class action lawsuits after cyberattack
The servicer is facing 5 separate federal lawsuits over an Oct. 31 cyberattack that knocked out services for days and prevented borrowers from accessing their accounts or paying home loans
by Jim Dalrymple II Nov 22
The Agency scoops up 4 NorCal Compass agents
Over the past few months, 34 agents have joined The Agency from Compass' Northern California offices. In total, The Agency has brought on 72 agents in the region over the course of 2023
REBNY rule change will require sellers to pay buyer agents directly
As Sitzer | Burnett unfolds, the New York City trade association announced the upcoming rule change amid a nationwide reevaluation of buyer commission structures
by Taylor Anderson Oct 19
Douglas Elliman fair housing case reveals agent confusion over law
A discrimination lawsuit filed by Shaniqua Newkirk, a Black Section 8 voucher recipient, against several prominent agents has brought to light misconceptions about agent fair housing duties
by Lillian Dickerson Sep 26
Josh Flagg and partners form media company Estate Media
The real estate media company will aim for coverage that bridges the gap between hard, industry-focused outlets and the swath of popular reality TV programs that have hit the industry recently
by Lillian Dickerson Sep 22
Bel-Air mansion tied to disgraced Sackler family sells at $5M loss
The $17M deal for the sprawling estate, which is located at 10690 Somma Way, closed on Aug. 1, according to a recent report
by Ben Verde Sep 6
Compass picks up 2 top agents in Chicago from @properties
Anne Hodge and Debra Dobbs are joining Compass in the Windy City. The agents together bring more than 60 years of experience in Chicago real estate, according to the company
by Ben Verde Aug 25
13K NYC rent-stabilized units have been vacant since 2021: Study
NYC's Independent Budget Office's study found 13,362 rent-stabilized units have been empty at least 2 years, saying it's 'impossible' to know if landlords are justifiably keeping them unrented
by Marian McPherson Aug 22
Kmart down to 2 locations, including 1 in haughty Hamptons
The town of Bridgehampton, where the median home price is $3.8M, is home to 1 of just 3 remaining Kmarts. Soon it will be 1 of 2, according to reports
by Taylor Anderson Aug 18
Former Keller Williams NYC office auctions for $11.3M
Former Keller Williams NYC market center owners Ilan Bracha and Heim Binstock's battle for their 377 Broadway office is officially over as a new owner snapped it up, according to a report
by Marian McPherson Jul 28
Developer Richard LeFrak steps down from 140-year-old family firm
The longtime developer and CEO, who inherited the helm from his father Sam, will continue to work at LeFrak Organization as his sons, Jamie and Harrison, lead the company into the future
by Lillian Dickerson May 23
Outfoxed! Rupert Murdoch paid 20% over ask for Manhattan co-op
The Fox News founder paid nearly 20% — or $5.2M — above the $30M asking price on the 6,500-square-foot Hampshire House unit he bought in February, according to public records
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
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