New York can now revoke licenses from real estate pros that discriminate

New York Governor Andrew Cuomo on Monday signed into law new legislation that makes it possible for the state to revoke real estate licenses from agents and brokers who violate anti-discrimination laws. Cuomo said New York has “zero tolerance” for discrimination of any kind and that the “sheer scope and breadth of the unscrupulous and

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5 Top New York City Construction TrendsTo Watch In 2019

As the city that never sleeps, New York is always changing architecturally and economically. There are many ways to get around New York City. But, there are even more ways to build, work and live in the city. This year has brought along certain trends in the New York construction industry. You can find downsizing in specific

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Airbnb blocks crackdown law in New York City

Airbnb has won a key legal battle in New York City against officials who were trying to curb its activity in the city. Judge Paul A. Engelmayer of the federal district court in Manhattan blocked a new law that was set to take effect in February, which was designed to curtail what authorities say are

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Michael Dell revealed as buyer of New York City’s most expensive apartment

It’s been revealed that Michael Dell has paid a record breaking $100.47 million to purchase a penthouse apartment on Billionaires’s Row in Manhattan, New York, making it the city’s most expensive home ever sold.

New York City launches program for tech startups to improve public housing

Public housing in New York City is to serve as a new testing ground for a clutch of local real estate technology startups.

CityRealty 100 index shows NYC condos are a better bet than oil

New York City real estate site CityRealty has just published its latest The CityRealty 100 Index, a ranking that lists the top 100 condos in NYC and looks to be an essential guide to anyone who’s serious about buying or renting a condo in the Big Apple.

Former hospitals make way for luxury condos in NYC

What with so many hospitals in the US shutting down, developers are looking to renovate these vacant spaces and transform them into luxurious homes.

Dmitriy Rybolovlev Pays Record $88 Million for New York Condo

A Russian billionaire has set a new record for the purchase of a condo in New York City, paying a staggering $88 million for the apartment, the most expensive property transaction ever carried out in the city, according to Forbes. Dmitriy Rybolovlev reportedly bought the 6,744 sq. ft. apartment for his daughter, Miss Ekaterina Rybolovleva,

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Massey Knakal Sells Development Property in All-Cash Deal for $71 .9 Million

A parcel of development land at 1205-1225 Broadway was sold in an all-cash transaction for $71.9 million to The Lam Group, a developer of franchised hotels. The property is located on the north-west corner of Broadway and West 29th Street in the heart of Herald Square. 1205-1213 Broadway is a three-storey commercial office building giving

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Spectacular New York City Townhouse Significantly Reduced

A beautiful Upper East Side home at 358 E. 69th Street, has just been reduced by 13.4%, from $4.5 million to $3.895 million, a price that now affords truly excellent value for money. The recently renovated 3310 ft.² four-storey brownstone has three bedrooms, 4 1/2 baths six fireplaces, an elevator and a south facing garden.

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