3+ hour, 38+ min ago   (287+ words) Manhattan's median rent stood at $5,285 in August, up 7% from a year earlier, while studio apartments alone reached a median of $4,186 — nearly matching what a full one-bedroom cost in the borough back in 2022. Brooklyn wasn't far behind, with its median rent…...

7+ hour, 30+ min ago   (72+ words) Despite headlines predicting a wealthy retreat, Douglas Elliman luxury broker Michelle Griffith exposes the real crisis facing Manhattan real estate: a severe inventory drought that media headlines are completely ignoring. 'NO MASS EXODUS': Top NYC agent DROPS TRUTH BOMB on…...

1+ day, 6+ hour ago   (285+ words) Julie Wainwright is ready for a real estate do-over. A little more than a year after listing her sleek condo at New York City’s iconic Woolworth Tower Residences for nearly $7.9 million and subsequently pulling it from the market, the founder…...

1+ day, 14+ hour ago   (393+ words) "It's actually allegedly being built out now," said Rabois, who has clearly dealt with a missed construction timeline or two. "We'll see. This fall opening date is very vague in my mind." The move is notable partly because of how…...

1+ day, 10+ hour ago   (360+ words) The nonprofit Upper Manhattan Empowerment Zone Development Corporation (UMEZ) is moving its nonprofit headquarters to 119 West 125th Street in Harlem, Commercial Observer has learned. The lease term and asking rent for UMEZ’s new sixth-floor office was not disclosed, but the Class…...

2+ day, 37+ min ago   (185+ words) Vacant, 200-Foot-Wide Development Site with Central Park Views Delivers Up to 282,925 Buildable Square Feet for an Ultra-Luxury Residential Condominium Tower This listing is being led by BKREA Chairman & CEO Bob Knakal, together with Managing Directors Genessy Jaramillo and Jas Saini,…...

2+ day, 9+ hour ago   (370+ words) Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations…...

2+ day, 9+ hour ago   (478+ words) Real Journalism. Written by Real People. While only a small share of concrete production worldwide, pre-cast concrete is quickly growing in popularity. “Often it is more practical or much more cost-effective to produce the concrete off-site as a prefabricated piece…...

2+ day, 10+ hour ago   (495+ words) By Realtor.com Local News For the first time, Jersey City renters can pull up their address on a phone and find out in seconds whether their landlord is legally capped on rent increases. Mayor James Solomon announced the completion…...

2+ day, 6+ hour ago   (941+ words) The Spiral, left, and the Hudson Yards skyline. NEW YORK (BLOOMBERG) -- New York is considering a $100 million property tax break for a new Hudson Yards skyscraper proposed by developer Tishman Speyer, in what would be the largest economic subsidy since…...