“The Mayor came into office with a message of affordability, and it’s the right mesage. [On] how we get there, we’re going to disagree.” That’s Hal Fetner, chairman, Fetner Properties, responding to... Read more »
BWE has closed two loans totaling $120,000,000 to refinance the Residence Inn Times Square and the Courtyard by Marriott Long Island City, two major hotels in New York City. Steve Perricone, SVP... Read more »
New York City Mayor Eric Adams, who’s set to leave office in less that two weeks, is looking to block any possibility of a rent freeze that could be brought on by... Read more »
In 2026, I expect New York City homes to sell faster, but don’t panic, buyers! We’re likely to see more homes hitting the market, so it won’t be the wild frenzy of... Read more »
A New York real estate investor is revitalizing small desert towns hundreds of miles from Gotham. James Prendamano is now ready to invest $55 million in a small county in the southern... Read more »
The New York City Council this week narrowly passed a housing plan backed by Mayor Eric Adams (D) known as “City of Yes,” which calls for the construction of 82,000 new homes... Read more »
Miami-based investment firm Gencom acquired the 42-story Thompson Central Park, a 587-key hotel centrally situated on Manhattan’s Billionaires’ Row. At a purchase price reportedly north of $300 million, the deal marks Gencom’s debut... Read more »
The NYC housing market forecast for 2025 paints a picture that is both promising and challenging. As of now, the average home value in New York City stands at around $755,137, reflecting a modest 1.3% increase over... Read more »
Real Estate Agent Magazine sat down with Marzena Wawrzaszek, Licensed Real Estate Salesperson with SERHANT, to talk about her journey into the real estate industry, her experiences navigating challenging transactions, and how... Read more »
Compass has added two top New York City agents, Tom Postilio and Mickey Conlon, to its roster, the company announced on Thursday. The pair joined Compass after spending almost nine years at... Read more »