Top news of the week: 07.04.2023.
Manhattan real estate sales plunge 38%, but cash deals hit all-time record
Manhattan real estate sales fell 38% in the first quarter, as buyers and sellers battled over prices and mortgage rates remained volatile.
Luxury Has to Be Unique, Says an Exec of One of India’s Largest Real Estate Companies
Aakash Ohri talks about the importance of security, demand for larger spaces and the value of eco-friendly building
Manhattan’s luxury townhouse market posts strongest week since 2021
Guy Wildenstein’s Sutton Square home asking $29.5 million led the strongest week for luxury townhouse deals in Manhattan since 2021.
G.T. Leach, RAMA to start luxury condos
Local developers RAMA Companies and G.T. Leach expect to start construction this summer on the Beverly, a six-unit luxury condo in Houston.
Zara founder buys luxury apartment building in Dublin for $108 million
Spanish billionaire and Zara founder Amancio Ortega has bought a luxury residential building with 120 apartments for rent in Dublin, Ireland, for around 100 million euros ($108 million), ...
Miami Developers Court New York Restaurateur to Help Sell Luxury Condos
Major Food Group, the proprietor of trendy Manhattan restaurants such as Dirty French and the Italian eatery Carbone, is extending its brand into the booming Miami residential …
The high-end realtors and brokers of Los Angeles on why the mansion tax is fundamentally misguided: $5 million might be luxe in Minnesota but not in LA
From Selling Sunset to Million Dollar Listing, the real-estate stars of Hollywood are sticking up for the 7-digit income bracket.
Serhant expands to six East Coast markets
Serhant has poached brokers from Elliman and Compass to expand the New York City brokerage from Florida to Connecticut.