Byron Allen pays $34M for 220 CPS condo
Media magnate Byron Allen appears to have dropped $34.3 million on another condo at 220 Central Park South. An entity linked to the founder of Allen Media Group bought a 36th-floor unit at the Billionaires’ Row supertall in an off-market deal, according to public records. The trade comes more than a
Manhattan D.A. drops charges against Omnibuild over XI fraud
The Manhattan District Attorney’s office dropped its charges against Omnibuild Construction over the firm’s alleged role in an $86 million fraud scheme involving the XI condo tower. The construction firm entered into a deferred prosecution agreement in April. As part of the deal, an independent moni
Why There are More Homes for Sale Right Now (and What It Means for You)
Mortgage rates being back above 7% isn't exactly the news most people wanted. But it’s changing the market in ways that matter whether you’re buying or selling.
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