“Maximum distortion”: How deals are changing on Long Island’s East End
Inventory is strapped on Long Island’s East End, but between the North and South forks, the lack of supply is pushing buyers to different ends of the market. On the North Fork, deals skewed toward the upper tier in the third quarter, pushing median and average sale prices to some of the highest on r
The American Economy Enters Its “Lost Decade”
America could enter what nobody wants—a “lost decade.” No huge gains, no massive price drops, just a slow, stagnating market where inflation eats away at the returns we once thought […]
Harry Macklowe moves forward on latest condo project
Harry Macklowe’s next small-scale luxury condominium development is taking shape on the Upper East Side. Macklowe Properties filed permits to redevelop the 12-story, 33-unit rental at 809 Madison Avenue into a 14-story, 12-unit condo building, Crain’s reported. The project is estimated to cost $12 m
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