Real Estate

New York City’s most expensive neighborhood just got even pricier. That’s according to a new study from real-estate data portal PropertyShark, which has crowned Hudson Yards on Manhattan’s far west side for the top spot with a median home sale price of $7.5 million. For nearly five years, this district — known for its shops,
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While some older buildings atrophy, others thrive. Two new deals totaling 104,000 square feet have brought George Comfort & Sons’ 960,000 square-foot 498 Seventh Ave. to 95% occupied. Public technology firm PubMatic, Inc., signed a 60,000 square-foot direct lease. The company, which was a subtenant will roughly double its space in the first quarter of 2025.
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The housing market has been decidedly stuck of late. Sellers with low mortgage rates are holding on to their homes, leaving buyers with scant listings to choose from. And buyers who do find a house face substantial economic challenges as median home prices and mortgage rates remain high. With sellers and buyers at an impasse, misconceptions and outright
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Prominent Big Apple developer Michael Shvo was slapped with a lawsuit by a disgruntled couple who plunked down $6.1 million for a pad at the Mandarin Oriental Fifth Avenue, claiming the luxury building is riddled with problems — including an “algae-infested” rooftop pool. John Goodman and his wife, Diane Johnson, alleged that the building developed
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The Jersey Shore house known for serenading beachgoers with the sweet sounds of Frank Sinatra music has finally been sold. Located on the boardwalk of Point Pleasant Beach, the not-so-humble 8 bedroom 4,000-square-foot abode was built in 1987 for the late Sony Music exec and Ol’ Blue Eyes fan Paul R. Smith, who would play Sinatra
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You’ve heard of Miami’s “Billionaire Bunker” and Star Island, playgrounds for the ultra-rich like Jeff Bezos and Ken Griffin. But what about Fort Lauderdale? Once notorious for its rowdy spring break scene, “Fort Liquordale” is now a haven for millionaires being priced out of Miami and Palm Beach — by billionaires. Fort Lauderdale is seeing
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Tech entrepreneur Jody Glidden, who is dating Lisa Hochstein of “The Real Housewives of Miami” fame, sold his Miami Beach mansion for $11.85 million on July 18, Gimme Shelter has learned. Glidden is currently CEO of Postilize, an AI firm. The home, at 250 S Hibiscus Drive, first went on the market for $13.95 million last
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