For the first time since October 2022, elite New Yorker homebuyers opted for the co-op over the condominium, according to a new report. For the week ending June 21, 12 luxury co-ops... Read more »
Lee & Associates NYC has been selected as leasing agent for the retail portfolio at Seward Park Cooperative, one of the largest privately held residential properties in Lower Manhattan. Under the multi-year assignment, Lee &... Read more »
The ground lease may be the real estate industry’s “break glass in case of emergency” tool. The arrangement works by separating a structure from the dirt underneath it—cutting the costs for the... Read more »
As multiple listing services look to navigate potential changes to cooperative compensation following the verdict in the Sitzer/Burnett commission lawsuit trial, some MLSs have preemptively changed their policies. Though these policies have... Read more »