Sixth Avenue has reclaimed its title as Midtown’s No. 1 office-leasing corridor, as measured by the least percentage of vacant space — the latest lead change in the never-ending bragging-rights battle with Park Avenue. Colliers reports that Sixth Avenue’s fourth-quarter occupancy at 11.5% of space available was the lowest of any Midtown corridor and slightly bested
When Hamptons real estate agent Peggy Zabakolas pulled up to her $20 million Watermill listing — Eagle’s Point, a hidden gem situated at the highest elevation in the area — last summer, she caught another broker red-handed. Fellow Nest Seekers agent JB Andreassi, 33, was trying to steal the listing for the seven-acres compound by
Cavan Images | Cavan | Getty Images President Joe Biden has floated plans to address the country’s affordable housing issues, including new tax breaks for first-time homebuyers and “starter home” sellers. However, experts have mixed opinions on the proposals. “I know the cost of housing is so important to you,” Biden said during his State
Yue-Sai Kan, a TV host and entrepreneur who is known as the “Oprah of China,” has once again put her glam Manhattan townhouse on the market. Kan, who is arguably the most famous woman in China, recently relisted her 8,500-square-foot, six-story manse for $24.99 million. The abode is certainly elegant in its presentation. But the
It’s high-five time at Nine West, the near-mythic office tower at 9 W. 57th Street enjoying new life under Stefan Soloviev, the son of late developer Sheldon Solow. The 50-story skyscraper with over 1.6 million square feet behind its famous sloping facade inched closer to 100% occupancy with a newly signed lease with French global
In this article Follow your favorite stocksCREATE FREE ACCOUNT Sonali Pier is a portfolio manager with Pimco Pimco’s Sonali Pier strives for outperformance. The youngest of three and the daughter of Indian immigrants, Pier set her sights on Wall Street after graduating from Princeton University in 2003. She began her career at JPMorgan as a
The Big Apple’s most expensive studio apartment, which sold for an astonishing $3.88 million in an all-cash deal in 2023, has since lingered on the market as a rental that nobody seems to want — even as its asking price plunges. The ambitious new owners asked a cool $38,000 a month for the single room
An aerial view shows a subdivision that has replaced the once rural landscape on July 19, 2023 in Hawthorn Woods, Illinois. Scott Olson | Getty Images Spring hasn’t officially sprung yet, but the spring housing market already appears to be on the move despite stubbornly higher mortgage rates. Mortgage applications to purchase a home increased
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
Republican presidential candidate, former U.S. President Donald Trump speaks during a Fox News town hall at the Greenville Convention Center on February 20, 2024 in Greenville, South Carolina. Justin Sullivan | Getty Images Donald Trump is racing to stave off a pair of civil penalties totaling nearly $540 million — without having to first put
The owners of this Florida mansion are asking for $24 million for their almost 11,500 square-foot residence inside one of the most expensive gated communities in Delray Beach, Florida. The price tag puts the home, known as Villa Ananda, at a price per square foot of almost $2,100, which is well beyond record-breaking territory for
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.
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