new york

Manhattan, NY Real Estate Prices Going Down

A Douglas Elliman report, authored by Jonathan Miller says there's a decline in Manhattan median and average prices this quarter compared to 2014 Q1.

Renters: Should You Buy or Just Rent a House?

With the recent news about home appreciation outpacing income growth, renters are now being haunted by this question: "To buy or not to buy a house?" If you are a renter, here's your guide.

Mitch Leigh's Lenox Hill Mansion on Sale for $38 Million

The late MItch Leigh's home is on sale for $38M. What's in store for the new owners of the Tony Awar winning composer's mansion?

Kleeberg Residence Gets $10 Million Price Cut, New York City Landmark Listed for $30 Million

Historic property gets more affordable with a decrease in listing price. Buyers looking to have their own piece of New York history need not look any further.

US Most Expensive Cities: Affordability Goes From Bad to Worse

It would be nearly impossible for renters to buy their first homes in the most expensive cities in the U.S., based on the first Mortgage Affordability Report from National Realtors Association.

Real Estate Meets Technology in Kushner Brothers' Cadre

Cadre, Kushner Brothers' start-up company with Ryan Williams as Co-Founder and CEO, has been creating a lot of buzz online.

Norway's Biggest Wealth Fund Focuses to Buy Real Estate in Asia

Norway's biggest wealth fund, The Global Pension Fund, aims to buy lots of real estate properties in Asia.

Worst Cities for Home Rental: New York, Seattle, New Orleans Among Worst Places for Renters

Worst Cities List for home rental includes New York, Seattle, New Orleans. Why? The National Association of Realtors (NAR) has released a list of worst places for renters, and it's showing an alarming trend.

Willis Tower Sold in Chicago to Blackstone Group for $1.3B

The Willis Tower, formerly known as Sears Tower, a famous landmark in Chicago, has been sold to the Blackstone Group for $1.3B.

New York Real Estate Mogul Son Robert Durst Arrested for Murder?

In the past decades, Robert Durst, son of a real estate mogul, remained free despite being linked to several mysteries---two killings and a disappearance, according to reports. But things changed over the weekend.

NYC Mayor Appoints 3 New Rent Board Members

The new members will be part of the board that decides the rent to be set for almost 1 million apartments in the city, under rent stabilization law.

From Seattle to Miami: How Much You Need to Buy a Home in Every City [Map]

HSH.com, a mortgage online resource since 1979, came up with a guide to give us a ballpark figure of the salary one needs to make in order to afford buying a decent median house in each of the 27 metros.

NYC Tax Rate Calculator Favors Super Rich? $100M Duplex Paid Only 0.017% Taxes

The alliance of different militant groups are taking umbrage over what they believe is an unfair practice wherein the luxury property in 57th street in midtown Manhattan saw its real estate tax bill reduced to about 95 percent because of a tax break.

Derek Jeter's Old Townhouse Goes for $23K/Month

Derek Jeter, the highly-esteemed retired New York Yankees shortstop, has decided to vacate his Townhouse at 56 Bank St. in the West Village.

Thriving New York Hotel Market Posing Problems?

As constructions of new hotels in the Big Apple are underway, and plans of building more were already laid out, the hotel market boom could also be laying out trouble for the City. It seems like the New York hotel sector is architecting its own downfall.

New York Rent Eats Up 60% of Average NYC Tenant's Income

New Yorkers are burdened with increasing rents to the point of having more than half of their income going straight to rental payments.

New York Churches For Sale, Some 'Converted to Apartments'

More old New York churches will be closed down and be open to public for sale this year. Huffington Post reports that the Roman Catholic Archdiocese of New York announced the closing down of about 12 churches this year.

$1 Buffalo Homes Are Actually Pretty Expensive

Vacant Buffalo homes under the Urban Homestead Program are on sale for only $1, but what is the catch?

Retiring Out of the Suburbs to the City? Think Again

Suburban Baby Boomers are facing a downsizing dilemma and thinking of retiring to the cities. However, this decision may not be a rewarding plan as it seems as properties in the city are costly.

Blizzard 2015: Winter Storm Juno Weather Forecast New York, Boston & Portland

Snowstorm, anticipated to be the biggest one, to hit New York City. Millions of people in the northeastern part of the United States have been warned and told to prepare for Winter Storm Juno.

NBA All Star 2015 Roster, Voting, Ticket Prices & Events

The NBA All Star Weekend is happening on Feb. 13 - 15 in New York and is expected to attract a huge crowd of fans.
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