NYC Real Estate News

’s firm has filed for layoffs in Midtown…; and in White Plains, months after the billionaire investor told staff he would relocate his operations to Florida. Icahn Capital L.P. will cut 19 jobs at...

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Buyers waiting on the sidelines, waiting for the market to turn in their favor. Sellers refusing to adjust their prices, in the hopes that conditions will swing their way: It’s the stuff brokers’ nightmares are made of. Getting a better sense of which markets across the U.S. lean in favor of the buyer or seller might lead to more sensible pricing decisions and boost activity. And a new analysis aims to do just that. According

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Images courtesy of The Corcoran Group. The spacious, laid-back architect-designed modern home at 5253 Arlington Avenue in the Hudson Hill section of Riverdale near Wave Hill was built in 1940 on one of the neighborhood’s deepest plots (79 feet by 323 feet). The cedar-clad four-bedroom home, asking $2.599 million, is surrounded by private flagstone patios, rolling lawns, and lush plantings. The residence has been well-maintained and tastefully updated over time, but there’s potential and space for significant expansion if you’re looking for even more room. Accessed by a paver-laid driveway, the foyer brings you into a well-laid-out home with warm, modern details, quality natural materials and […]

Madison Realty Capital is planning a new condo building along Madison Square Park. The firm filed plans with the Department of Buildings on Friday for a roughly 81,000-square-foot project at 14-16 Fifth Avenue that will stand 21 stories and 244 feet tall with 18 residential units. Madison Realty Capital bought the mixed-use property in 2015 with City Urban Realty for $27.5 million. At the time, the companies said they planned to renovate the building’s existing

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Photo by InSapphoWeTrust via Flickr As part of their renewed push for Staten Island secession, Republican Council Members Joe Borelli and Steven Matteo will introduce a bill to the City Council Tuesday to establish a secession task force. As the Staten Island Advance first reported, the task force would have 18 months to gather data showing the “impact and viability” of the borough’s secession. While Matteo and Borelli say Island leaders and lawmakers—including Borough President James Oddo—have expressed support for the legislation, they are the only council members to support the bill so far. “I am introducing this legislation to get the […]

UPDATE: Tuesday, Dec. 10, 2019, 4:20 p.m: Yoga studios, private parks, multi-level fitness centers: Developers behind this year’s 10 priciest Brooklyn condo filings are leaning into health-conscious amenities in the battle for buyers. In an effort to inspire visions of a lifestyle, rather than just a place to live, marketing materials for 98 Front in Dumbo claim spaces inside the property are “designed to practice self-care.” At another Front Street project, three blocks away at

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