News Real Estate Upstate

Migdale Castle Goes Up for Auction

Migdale Castle, located in the Village of Millbrook, NY in the Catskills, is set to hit the auction block this month via Sotheby’s Concierge Auctions in cooperation with co listing agent Heather Croner of Heather Croner Real Estate Sotheby’s International Realty. The auction serves as an opportunity to acquire one of the Hudson Valley’s most iconic […]

Albany News Real Estate

Housing Inventory in NY Falls to Another Record Low

ALBANY – Once again, housing inventory across New York State fell to another record low in March, according to the housing report released by the New York State Association of REALTORS. Inventory of homes across the Empire State fell 14.7 percent in March – from 28,060 units in 2023 to a record-setting low of only […]

Hudson Valley News Real Estate

Housing Demand Remains Strong in Lower Hudson Valley

WHITE PLAINS — Demand for all types of housing remains high in the lower Hudson Valley. Single-family home sales in March continued to decline, with the Bronx experiencing the largest decrease of almost 30%, followed closely by Orange County with a 28.8% drop from this time last year. All other areas experienced double-digit declines in […]

News NYC Real Estate

Fetner Completes Sale in Two Buildings to Empire Realty Trust

NEW YORK — Fetner Properties announces the completion of a sale of the remaining interest in two buildings where Empire State Realty Trust purchased the majority interest in December of 2021. The buildings, The Victory at 10th Avenue and 41st Street, and 345 East 94th Street have been fully sold. Proceeds will be used for a greater […]

News NYC Real Estate

Terreno Realty Acquires Brooklyn Property for $12 Million

Terreno Realty Corporation, owner and operator of industrial real estate in six major coastal U.S. markets, has acquired an industrial property located in East Williamsburg in Brooklyn for a purchase price of approximately $12.0 million. The property consists of one industrial distribution building containing approximately 24,000 square feet on 0.7 acres. The property is at […]

News Real Estate

NY Home Sales Increased in February

ALBANY – For the first time in 30 months, home sales increased in New York in February, while inventory dropped yet again to its lowest point in recorded history, according to the housing report released by the New York State Association of REALTORS. Inventory of homes dropped 16.8 percent from 28,170 homes available in February […]

News NYC Openings Real Estate

Help USA Invests $129 Million in Affordable Apartments in East NY

NEW YORK — HELP ONE Buildings A and B officially opened in East New York at a ribbon-cutting ceremony attended by government officials, community representatives, and building residents, among others. The $129 million development reflects New York City’s and New York State’s commitment to expanding access to safe, affordable housing, especially for the most vulnerable […]

NYC Offices Real Estate

Tikehau Capital Signs New Lease in NYC

NEW YORK — Real estate developer Soloviev Group has signed a 23,033 square foot lease on the 45th floor by private equity firm Tikehau Capital in 9 West 57th Street, the iconic 50-story structure designed by Skidmore, Owings & Merrill (SOM). This long-term lease marks a major milestone for Stefan Soloviev, chairman of the Soloviev Group, […]

News NYC Real Estate

Coldwell Banker Warburg Adds New Brokers

NEW YORK — Coldwell Banker Warburg, which specializes in New York luxury real estate, has announced broker Kathy Kaye and agent Lorraine Baker have joined the firm. Kaye (photo above) joins with a legendary track record of property sales, amassing more than $200 million in her career, while Baker also brings over $200 million in career sales to the company. “Lorraine is […]

News Real Estate

Median NYS Home Price Rises to $400,000 in January

ALBANY – Low housing inventory continued to slow the New York housing market and with interest rates still fluctuating near 6.5 percent, 2024 began much the same as 2023 ended in the Empire State, according to the housing report released by the New York State Association of REALTORS. Interest rates moved marginally from December 2023 […]

NYC Real Estate

Anagram at Columbus Circle in NYC 50% Leased

NEW YORK — Global Holdings, an international real estate development and investment firm announced that its luxury residential tower, Anagram Columbus Circle, is 50 percent leased. Located along Columbus Circle area of Manhattan, just steps from Central Park and across from Trump International Hotel, the 26-story property has attracted residents from around the country and […]

News NYC Real Estate

Empire State Realty Trust Announces Two Promotions

NEW YORK — Empire State Realty Trust, Inc. announced that Executive Vice President, Chief Operating Officer & Chief Financial Officer Christina Chiu has been promoted to President. Additionally, Senior Vice President, Chief Accounting Officer Stephen Horn has been promoted to Executive Vice President, Chief Financial Officer & Chief Accounting Officer. Anthony  Malkin will continue to […]

NYC Real Estate

JLL Secures $395 Million Capital for 70 Pine Street

NEW YORK — JLL’s Capital Markets group announced it has secured the $395 million refinancing of 70 Pine Street, a 66-story, mixed-use property with luxury multi-housing rental, retail and hotel space located in a landmarked building in the Financial District of New York City. The building was formerly headquarters of AIG. JLL worked on behalf of the borrowers, […]

News NYC Real Estate

StreetEasy Names Top 10 NYC Neighborhoods to Watch

Real estate website StreetEasy has named its top 10 neighborhoods to watch in NYC based on great increases in searches on the site among buyers and renters from 2022 to 2023. StreetEasy, a division of Zillow, predicts Queens will reign supreme in 2024 after a record-breaking year for the borough in 2023, as both renters […]