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Today's Rates

Mtg Loan Rate APR
30-yr Fixed 4.94% 5.1%
15-yr Fixed 4.33% 4.56%
1-yr Adj 2.77% 3.44%
* national averages

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TOP NYC REAL ESTATE NEWS - "The Real Deal" "NY Times RE":
 
Judge rejects de Blasio’s NYCHA deal over “fatal procedural flaws”
11/15/2018 11:30 AM
A federal judge rejected Mayor Bill de Blasio’s plan that would’ve spent $1.2 billion to improve the New York City Housing Authority. Judge William Pauley asked for a new plan for the poorly managed agency by Dec. 14, Politico reported. The judge said the original agreement, which would have allowed de Blasio to avoid a trial for NYCHA, wasn’t clea...Read More
 
Shareholders greenlight Brookfield’s $6.8B purchase of Forest City
11/15/2018 10:36 AM
After facing some opposition, Brookfield Asset Management will move forward with its $6.8 billion purchase of Forest City Realty Trust. Forest City’s shareholders voted in favor of the deal on Thursday morning, the company announced. The vote clears the way for Brookfield to buy the real estate investment trust, a deal that is expected to clo...Read More
 
Jonathan Rose buys 558-unit Bay Ridge affordable housing complex for $150M
11/15/2018 10:30 AM
Jonathan Rose Companies has purchased a 558-unit Section 8 housing complex in Bay Ridge for about $150 million, the firm announced on Thursday. It purchased the property from NYU Langone in partnership with the affordable housing nonprofit NHP Foundation and TIAA investment manager Nuveen. The site is based at 9000 Shore Road and consists of two in...Read More
 
Two tenants at Kushner’s Times Square property are showing signs of stress: report
11/15/2018 10:00 AM
Two tourist attractions at Kushner Companies’ Times Square retail property are showing some signs of trouble, posing a potential threat to the company’s mortgage. At least six contractors have sued the owner of Gulliver’s Gate, which shows a miniature model of the city, over alleged nonpayment of fees, according to Bloomberg. Meanwhile, the operato...Read More
 
Announcing TRD’s Future City 2019 event
11/15/2018 9:30 AM
We’re thrilled to announce The Real Deal’s Future City 2019, an exclusive two-day opportunity for a group of 200 C-level executives in the fields of development, tech, construction, law, design and finance to network with and learn from the top minds and biggest dealmakers in the country. The event will take place Jan. 27-29, 2019 at th...Read More
 
Despite the black mold and exposed wires, these Brooklyn-based landlords got a $14M HUD contract
11/15/2018 9:00 AM
When Borough Park, Brooklyn-based landlords Blima Isaacson and Eli Fish took over federally subsidized apartments in Hartford, Connecticut in 2016, living conditions dramatically worsened. One apartment at the Infill housing development, for example, had black mold in the basement and the bathroom. The previous owner had sprayed bleach to the deal ...Read More
 
The SEC is shopping for a new 175K sf home in FiDi
11/15/2018 8:05 AM
With its Brookfield Place lease ending, the Securities and Exchange Commission is looking to downsize. The financial regulator’s lease at 200 Vesey Street ends at the end of March 2021, the New York Post reported. Now, the SEC is seeking to move from its 250,000-square-foot location to a smaller space roughly around 175,000 square feet. The a...Read More
 
KimYe hire private firefighters to save $60M mansion, plus others, from blaze
11/15/2018 7:30 AM
In the celebrity world, Kim Kardashian and Kanye West have just proven that private jets aren’t the only luxury money can buy. The star couple hired a private team of firefighters to battle the flames from the Woolsey fire in Hidden Hills, saving their $60 million property and neighboring homes from destruction, TMZ reported. Armed with hoses, the ...Read More
 
LISTEN: TRD discusses the evolution of co-working during latest conference call
11/15/2018 7:00 AM
For our latest subscriber conference call, The Real Deal’s Jill Noonan, Konrad Putzier and Will Parker discussed our November cover story, which explores New York’s co-working boom and how the industry is going more corporate (besides those who are keeping it cool). Check out the SoundCloud player to listen to the full co...Read More
 
The iBuying wars: Why a shocking number of companies are jumping on the bandwagon and investing in the burgeoning sector
11/15/2018 6:30 AM
Welcome to the world of iBuying. Whether buyers and sellers are ready or not, a shocking number of companies are jumping on the bandwagon and investing in the burgeoning sector. Here’s how it works: Rather than listing a property with a broker, homeowners can log onto their computers and get an offer from a iBuying company. In many cases, the compa...Read More




TOP NYC REAL ESTATE NEWS - "The Real Deal" "NY Times RE":
 
The Hunt: Contemplating Space and Time in the West Village
11/15/2018 4:00 AM
Aware that square footage isn’t easy to find downtown, a couple moves quickly through a labyrinth of sixth-floor walk-ups, mock balconies and dark studios...Read More
 
Calculator: Immigrants and Homeownership
11/15/2018 8:30 AM
A new study examines the share of primary homes owned by the native-born and foreign-born in America’s most populated metropolitan areas...Read More
 
Is It Time to Drain the Water Heater? There’s an App for That
11/15/2018 9:00 AM
A variety of apps can help you keep track of home maintenance tasks and put a little fun into the tedious side of homeownership...Read More
 
What You Get: $1.4 Million Homes in Massachusetts, New York and Missouri
11/14/2018 8:00 AM
A condominium in an 1898 schoolhouse outside Boston, an 1840 Carpenter Gothic house in the Hudson Valley and a 1911 estate in St. Louis...Read More
 
International Real Estate: House Hunting in … Spain
11/14/2018 8:31 AM
The coastal province of Valencia is cheaper and more manageable than Spain’s major metropolises, making it an appealing alternative for many home buyers...Read More
 
Living In: Lawrence Park West, Yonkers: Affluent Setting, Without the Price Tag
11/14/2018 4:01 AM
The area resembles nearby Bronxville more than it does the rest of Yonkers, except when it comes to the (much lower) home prices and property taxes...Read More
 
The Fix: Double the Children, Double the Challenge
11/13/2018 4:00 AM
Designing a room that two children will happily share isn’t easy. Still, it can be fun — provided you follow a few rules...Read More
 
Renters: Finding a Mom Network in Battery Park City
11/12/2018 4:00 AM
A single mother leaves TriBeCa for Gateway Plaza, a rental complex that she discovers is “tailor-made for families....Read More
 
What"s Selling Now: Homes That Sold for Around $600,000
11/11/2018 4:00 AM
Recent residential sales in New York City and the region...Read More
 
Ask Real Estate: Can I Stop My Neighbor From Building an Intrusive Balcony?
11/10/2018 9:00 AM
Homeowners in the city can’t just build any size balcony off the side of a building, but shutting down the project may be tricky...Read More