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News
The unexpected reason New Jersey real estate is outperforming the rest of the country - AOL
2+ week, 5+ day ago (768+ words) For decades, outsiders joked about New Jersey being little more than a turnpike connecting New York and Philadelphia. But with the Garden State recently named the second-best state to live in America — boasting strong schools, relatively low household debt and…...
Kelman Winston & Vallone PC relocates to newly built office space on the 14th floor of 520 Eighth Ave.
1+ mon, 2+ week ago (267+ words) Manhattan, NY GFP Real Estate said that New York-based law firm Kelman Winston & Vallone PC has signed a five-year, four-month lease for 2,695 s/f on the 14th floor of 520 Eighth Ave. Kelman Winston & Vallone will relocate from to newly improved office…...
Wealthy New Yorkers are snapping up rent-stabilized apartments
1+ mon, 2+ week ago (138+ words) Affluent renters occupy approximately ten percent of the total stabilized inventory, securing significant monthly savings compared to current market rates. Real estate experts and housing advocates debate the effectiveness of the current system amid new rent freeze policies driven by…...
C&W: Jersey City office building adds seven tenants in post-sale flurry of leasing activity
1+ mon, 2+ week ago (242+ words) The new owners of a Jersey City office building are seeing a fresh wave of tenant demand, securing nearly 24,000 square feet of leasing activity in less than four months. Cushman’s David DeMatteis, Mina Shehata and Patrick Dean represented ownership in…...
New York City Rent Hits a New High: Just in Time for the Class of 2026 - AOL
1+ mon, 2+ week ago (313+ words) Manhattan Rents Are Up 9.0% as All Four Boroughs Post Increases in Realtor.com®'s Q2 2026 NYC Rental Report Nationally, the math is far less punishing for new grads. Measuring the class of 2026 national salary against the median asking rent for a…...
Why Some $5 Million Manhattan Apartments Outperform $15 Million Apartments
1+ mon, 2+ week ago (728+ words) Conventional wisdom suggests that if a $5 million apartment is a good investment, then a $15 million apartment must be an even better one. In my experience, that isn’t necessarily true. After advising buyers and investors in Manhattan for 20 years, I’ve found…...
For Thousands of New York City Apartment Buildings, the Math Doesn't Math
1+ mon, 2+ week ago (1366+ words) This year’s rent freeze is just the latest regulation pushing New York City’s rent-stabilized housing stock toward financial and physical collapse....
Manhattan Rents Soar to An All-Time High in June
1+ mon, 2+ week ago (484+ words) Manhattan’s median rent hit a record $5,295 a month in June. This is a 6 percent surge from the same period a year ago. Even since May 2026, the rent grew by 3% and according to the blog Inhabit from Corcoran, the number of…...
Seven Queens neighborhoods among top 50 priciest in NYC during second quarter of 2026: Report – QNS
1+ mon, 2+ week ago (367+ words) Queens experienced a 6% increase in the median sale price year-over-year, from $560,000 in the second quarter of 2025 to $595,000 in the second quarter of 2026, according to a report by PropertyShark. Despite the median sale price jump, a 9% reduction in sales across the…...
PropertyShark: Almost half of the city’s priciest neighborhoods are in Brooklyn
1+ mon, 2+ week ago (260+ words) Brooklyn Eagle PropertyShark: Almost half of the city’s priciest neighborhoods are in Brooklyn BOROUGHWIDE — ALMOST HALF OF the priciest residential real estate in New York City is now in Brooklyn, according to PropertyShark’s latest report on the city’s 50 most expensive…...