Category : Residential

Average age of U.S. homeowner is 55
Residential

Average age of U.S. homeowner is 55

REW
Using U.S. Census data, LendingTree conducted a study of average homeowner ages across the United States in the 50 largest metros and found the average age is 55. Additionally, there was no metro in the study where the average age was less than 50. This high average age is due in...
NEW DEVELOPMENT: Closings underway at uptown conversion
Residential

NEW DEVELOPMENT: Closings underway at uptown conversion

REW
● EXTELL DEVELOPMENT CO.Two teams tapped to sell One Manhattan collection Extell Development Company has released The Skyscape Collection at One Manhattan Square. The collection of homes situated on the highest floors of the new tower have 270-degree views of the East River, New York Harbor, Financial District, Midtown, and beyond. Consisting...
Engle Burman delivers luxury to LI seniors
Residential

Engle Burman delivers luxury to LI seniors

REW
Engel Burman is now offering Long Islanders the first ever luxury senior rental community, Encore Luxury Living, located in Jericho. Encore Luxury Living is designed to combine the ease of apartment living with the luxurious services found at high- end hotels. Encore’s luxury one and two bedroom suites feature full...
NAR: No recession on this horizon
Residential

NAR: No recession on this horizon

REW
A group of top economists arrived at a consensus 2020 economic and real estate forecast at the National Association of Realtors’ first-ever Real Estate Forecast Summit. The economists who gathered at NAR’s Washington, D.C. headquarters expect the U.S. economy to continue expanding next year while projecting real estate prices will...
Rent overcharge cases surge
FeaturedResidential

Rent overcharge cases surge

REW
Landlord attorneys say they’re responses to rent nonpayment claims By Sabina Mollot Half a year after the new laws limiting how landlords can raise regulated rents were decided in Albany, the real estate industry is still trying to figure out all the potential ramifications. But one challenge for owners that’s...
New Development: Sixth Ave. building breaks ground, sales launch at UES ‘House & Tower’
Residential

New Development: Sixth Ave. building breaks ground, sales launch at UES ‘House & Tower’

REW
● Landsea Homes, DNA Development Sixth Ave. building breaks ground Landsea Homes, in partnership with DNA Development, have officially broken ground on a 12-story, mixed-use development located at 540 Sixth Avenue, at the northeast corner of 14th Street and 6th Avenue. “Architecture and design firm Morris Adjmi Architects designed 540...
Who’s News: Hires and promotions in residential
Residential

Who’s News: Hires and promotions in residential

REW
Houlihan Lawrence has welcomed local real estate veteran Alice Horowitz to its New Rochelle brokerage. A long-time resident of Westchester County with over two decades of experience in real estate, Horowitz currently resides in Larchmont. She joins Houlihan Lawrence from Coldwell Banker, where she represented buyers and sellers of real estate...
Have you heard? Bernie leading fundraising by zip code, but Trump close behind
Residential

Have you heard? Bernie leading fundraising by zip code, but Trump close behind

REW
With the presidential candidate fundraising numbers for the third quarter now available, real estate website Renthop took a look at the individual donations on a city and zip code level, and found that Bernie Sanders takes first place, leading in 83 zip codes across New York City in terms of unique donations....
Done Deals: Ready for transformation
Residential

Done Deals: Ready for transformation

REW
An East Village apartment that was ripe for a gutting was recently sold by Warburg agent Domingo Perez Jr. when he helped the buyer see what it could become. 626 East 9th Street, 2F, a three-bedroom, 1-bath home sold for $701,000, six thousand dollars above ask, after being on the...