The Latest

Here’s how many home sales were ‘lost’ by the mortgage rate lock-in effect

The lock-in effect refers to the phenomenon where homeowners with existing mortgages at lower interest rates are hesitant to sell their homes and buy new ones at a much higher mortgage rate.

In red-hot real estate markets, why do certain homes just not sell?

Realtors explain the factors that lead up to certain homes not selling quickly despite being in desirable locations.

Historic theater on the grounds of Frank Lloyd Wright's Taliesin estate reopens after a grand $1.1M restoration

The 100-seat Hillside Theater is back in business following a beatiful restoration that wrapped in June with great fanfare.

Louis Vuitton's Manhattan flagship to be demolished and rebuilt

The plan to demolish the existing Midtown flagship of handbag giant Louis Vuitton is finally coming to fruition.

One of twin real-estate heirs accused of 'extremely disturbing' NYC rape allegations steps away from company

Oren Alexander, who has been accused of rape along with his twin brother, Alon, has stepped away from the company he co-founded.

Sean Hannity's all-cash buyer for his Long Island home is a devoted fan who paid extra for Fox News star's furniture, books

The longtime Fox News star sold his Oyster Bay property to a fan in a deal that closed on June 7.

Ex-WeWork founder tries once more to sell his NYC penthouse -- this time for a loss

The disgraced WeWork CEO has been trying to sell the six-bedroom penthouse at 78 Irving Place since 2019.

A chic loft in the NYC building that birthed The Velvet Underground lists for $1.79M

Welsh musician John Cale, now 82, once called this building his home for $25 a month -- and it's where he joined forces with Lou Reed to form the group.

These are the cheapest months to buy a beach house

If renting a beach house is on your summer agenda, brace yourself to spend a bundle.

Ethan Hawke's former NYC townhouse sells for $6.3M following a bidding war

The red brick, 3,600-square-foot residence, at 353 W. 21st St., comes with six bedrooms and was snatched up for more than $300,000 its initial ask.

Florida couple downsizes to a $17.25M penthouse after selling their home to Jeff Bezos for $87M

It's a "Prime" deal for Javier and Andria Holtz, who will be living it up in the Ritz-Carlton Residences, Miami Beach, after a big sale to the Amazon titan.

Inside the reawakening of NYC's Fifth Avenue with swanky housing, shopping and offices

A Midtown stretch of Fifth Avenue has made a big comeback, with deep-pocketed denizens craving luxury retail and tony homes where they can kick up their feet.

This is when you can expect mortgage rates to go down -- and why you should buy before a recession hits

Patience is a virtue, especially when it comes to the wait for interest rates to lower amid the ongoing battle against languishing inflation.

Actor Billy Porter finds a buyer for Long Island home he was ‘starved out of’

The Tony-winning sensation had to sell the Bellport residence -- which comes with a stunning screened porch -- as a result of last year's strikes.

'Home Alone' house snatched up after just 1 week on the market

It didn't take long for the "Home Alone" house in Illinois to find its next owner -- however, whether they're a fan of the movie remains to be seen.

Twin top real estate heirs accused of raping two women, including assault at Hamptons 'castle'

The real-estate heirs allegedly sexually assaulted two women -- including one they took turns raping, according to explosive Manhattan lawsuits.

The tallest skyscraper in the US has just been approved for 'unlimited' height

In Oklahoma City, Legends Tower has received the green light to be constructed without height restrictions.

Related's Hudson Yards inks 2 major deals in Covington & Burling, Susquehanna International Group

Two just-signed, major, new deals demonstrate the sustained appeal of Related’s Hudson Yards complex -- and the preference for newer buildings over highly-regarded older ones.   Warner Bros. Discovery (WBD), the...

French hospitality outfit Accor signs lease at Michael Shvo's 711 Fifth Ave

The sounds of levity at 711 Fifth Avenue last week didn’t come from the spectacular Core Club on the tower’s top four floors, but from the new offices of Accor...

This $55M Aspen listing comes with more than just a massive home

Moonshot Ranch has hit the market for the princely price of $55 million, a cost which includes a variety of animals -- two alpacas among them.