Number of deals declined for the fourth straight quarter Sellers who can’t part with their sky-high expectations keep slowing down apartment sales in Manhattan. The number of residential sales in the third quarter dipped 11.3 percent over the same period last year, according to Douglas Elliman's
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10/04/2018
Brokerage founder Joseph Alongi claims tool has played a large role in rising prices Redfin Estimate could be inflating the value of certain homes. Joseph Alongi, founder of the low-fee brokerage SoldNest, recently argued that the company has had a big impact over the past few years on rising hom
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10/03/2018
Hotel trades have seen a jump in activity this year thanks to some big-ticket deals — but sellers on the sidelines may be eyeing a more encouraging market, too. Transactions through the end of July totaled $2.9 billion, according to STR, a hotel data and analytics firm. That’s up from $906 mill
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10/03/2018
A Wells Fargo trust filed a complaint in court after a check from the property's co-op board bounced The Acropolis Gardens at 2168 35th Street in Queens A Wells Fargo-managed trust is looking to foreclose on a 618-unit co-op development in Astoria after its owners failed to make a loan payment.
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10/03/2018