More deals for homes are getting left out to dry in the Sun Belt than anywhere else in the United States. Some of the pandemic’s hottest housing markets counted the highest rates of home purchase cancellations last month, according to Redfin. The southern region fell on the higher side above the nationwide rate of 15.2 percent in August, as buyers think twice about the same destinations that shot to popularity among remote workers seeking more
The post Cooling Sun Belt markets lead canceled home contracts appeared first on The Real Deal New York.
In a three-story brick building in Queens, a couple was forced to move out of their one-bedroom rental in August because of an illegal Airbnb scheme. But they weren’t the ringleaders. They were the ones who reported it. Five months earlier the couple had nabbed the ground-floor unit in Flushing for just $1,700 a month. The husband, an undergrad student studying computer science, and his wife, a baker, signed a one-year lease and moved in
The post How illegal Airbnbs slip through the cracks appeared first on The Real Deal New York.
As the city’s investment-sales market heads into its always-important fourth quarter, Clarion Partners is putting a pair of Williamsburg loft buildings on the market, aiming for a price of $70 million. Clarion is looking to sell the rental buildings at 44 Berry Street and 139 North 10th Street, marketing materials show. The buildings, which have a combined 78 apartments, were built in the early 20th century and converted in the early 2010s into spacious loft
The post Clarion eyes $70M for Williamsburg loft apartments appeared first on The Real Deal New York.
The JCCA chief executive says he tries to ensure that his employees feel valued when they come to work each day
An hourlong train ride into Midtown is likely what is holding workers back, not fear of Covid