Real estate News
New York Top Real Estate Deals: Friday, Oct. 17, 2025
Here are the notable transactions that happened in New York City on Friday, Oct. 17.🏆 Residential: The top home sale recorded in New York City on Friday, Oct. 17, was for a condo in Greenwich Village. Kristian Humer sold a unit at 155 West 1...
Is it Better to Buy Land or a House? Pros and Cons
Key takeaways Buying land offers flexibility and long-term growth potential but comes with higher risk and delayed usability. Buying a house provides immediate comfort and stability, though with higher costs and maintenance responsibilit...
The Great Wealth Transfer: How Millennials Are Reimagining Property for Purpose
The generation gap is opening up a shift in wealth. Over the next two decades, $124 trillion will change hands from baby boomers to millennials, Gen Z, and even Gen X, according to Cerulli Associates. And for some millennials—a generation r...
Rocket trims workforce after completing Mr. Cooper acquisition
“Following the Mr. Cooper acquisition, we carefully reviewed our combined structure, identified overlapping roles and made the difficult decision to streamline teams,” the company said in a statement to HousingWire. Rocket closed the ...
SB 79 Potential Boon for Real Estate Developers
Will Senate Bill 79 be the new builder’s remedy for developers? It appears that it could be.This may be why there was a scramble by the city of Los Angeles to push back on the transit-oriented housing bill after Gov. Gavin Newsom signed it in...
DOJ accuses real estate executives of fraud in homeless funding
The U.S. Department of Justice on Thursday announced charges against two real estate executives accused, in unrelated cases, of misappropriating millions of dollars in state funds allocated to combat homelessness. Prosecutors charged Brentwoo...
New York City Casino Players Change Their Odds
Still stinging from the rejection of its casino bid, SL Green made a splash this week by agreeing to buy the 36-story Park Avenue Tower at 65 East 55th Street in the Plaza District for $730 million, a discount on the roughly $925 million that t...
Landlord Gerald Marcil Accused of Defrauding Banks
The man who made Jamie Dimon worry about a wave of commercial mortgage fraud is a California multifamily player and big-time Republican donor, Gerald Marcil, who is now facing serious legal allegations.Marcil was among the defendants named in a...
