Real Estate

A new study has found that Manhattanites put a higher percentage of their income towards rent than almost all of their fellow Americans.  Fresh findings from apartment listings service RentCafe show that living in New York requires a much bigger chunk of income than almost any other city in the States.  To determine this, researchers

Oops, he did it again. Harry Macklowe, one of New York City’s most brazen developers, has listed his Hamptons home facing exclusive Georgica Pond — with neighbors like Steven Spielberg — for $38 million. There’s just one catch. It’s uninhabitable. Developer Harry Macklowe has listed his uninhabitable home for $38 million. Doug Kuntz That’s because

No, the world isn’t ending — and neither is 360 Park Avenue South, the prewar office tower at East 26th Street where Boston Properties is wrapping up a more than $100 million repositioning and upgrade. Last week, Canada Pension Plan Investment Board unloaded its 29% stake in the tower for exactly $1. The lucky payer

An old-money mansion from another generation of Long Island wealth is seeking its first non-bloodline owner.  This newly listed Old Westbury property, built in the 1930s for Howard Phipps — whose father, Henry Phipps Jr., was Andrew Carnegie’s partner in Carnegie Steel — has remained in the family since its construction, Mansion Global first reported.

Fashion designer Phillip Lim’s latest Fall 2024 collection was a well-received love letter to New York, embodying some of the hopes, dreams, excitement and lifestyle of those who are born here or drawn here from around the world. Now, the acclaimed designer has something else to celebrate — although it may be bittersweet. Lim’s classic

Someone is about to snag a true piece of hair-story.  In Manhattan, a Parc Vendôme apartment most recently owned by the late renowned hairstylist John Barrett went into contract in just one week — no scissor snip price cut required.  The home, at 333 W. 56th St., hit the market for $1.99 million in early February and

Fashion designer and beauty mogul icon Jill Stuart has been quietly shopping her Hudson Square penthouse at the Urban Glass House, which was the late modern architect Philip Johnson’s final project, with interiors by architect Annabelle Selldorf. The stylish five-bedroom spread, at 330 Spring St., is now asking $19.95 million — almost 20% off its

Home prices rose for the 11th consecutive month in December, as housing inventory remained painfully low. Prices increased 5.5% nationally in December when compared with the previous year, the S&P CoreLogic Case-Shiller index showed on Tuesday. That is up from the 5% annual increase recorded the prior month. On a monthly basis, prices fell 0.4%, according to

Sol de Janeiro USA, a luxury skincare brand that’s a subsidiary of L’Occitane, is growing its Manhattan presence by 57,203 square feet. The newly signed lease at Empire State Realty Trust’s One Grand Central Place matters more than its size for what it says about the vitality of ESRT’s 8.6 million square-foot office portfolio. The

The deal that brought Avra Estiatorio to Midtown Sixth Avenue took two years to complete — due mainly to the pandemic’s disruption. But the popular Greek seafood empire’s journey to 390 Ninth Ave. occurred at relative warp speed, according to CBRE’s Gary Trock, who brokered the deal for Avra. “The lease didn’t take that long to

He may be heading to live in the Sunshine State, but Amazon titan Jeff Bezos still has prominent West Coast presence. The Daily Mail reports that Bezos, the third richest man on Earth with a net worth of nearly $194 billion, has added some glam final touches onto his megamansion in Beverly Hills, California. They

Nir Meir, the New York City developer currently held on a staggering $5 million cash bond, was once known for his extravagant taste in fine wines, exotic cars and luxurious living.  However, as he faces charges of grand larceny, tax fraud and falsifying business records, the glamorous facade of Meir’s life is being peeled back

A video circulating on social media is causing quite the viral stir, showcasing a miniscule New York City apartment that’s just big enough for a bit of empty space, and not much else. Douglas Elliman agent Omer Labock took to Instagram to give his 136,000 followers an inside look at a Manhattan listing that asks

A stylish downtown loft owned by German-born model Katrin Thormann and top real estate broker Nick Gavin has entered contract for more than its $4.75 million asking price after just a week for sale, Gimme Shelter has learned.  The four-bedroom, four-bath condo where Little Italy meets Chinatown is at 136 Baxter St. The couple had