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Mtg Loan Rate APR
30-yr Fixed 4.53% 4.68%
15-yr Fixed 4.01% 4.22%
1-yr Adj 2.75% 3.41%
* national averages

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TOP NYC REAL ESTATE NEWS - "The Real Deal" "NY Times RE":
Brian Ezratty and Ron Solarz join Newmark Knight Frank
8/21/2018 5:00 PM
Former Eastern Consolidated brokers Brian Ezratty and Ron Solarz have landed at Newmark Knight Frank, where they’ll head up the brokerage’s new private client group. Newmark president James Kuhn said that Ezratty and Solarz would help the company’s national expansion. Ezratty will join as vice chairman and Solarz will have the title of execut...Read More
Compass to acquire one of the West Coast’s largest resi brokerages in blockbuster deal
8/21/2018 4:40 PM
Compass is closing in on a blockbuster deal to buy Pacific Union International Realty, one of the largest brokerages on the West Coast, with $14 billion in sales last year. Pacific Union’s senior leadership was notified Monday about the acquisition; a public announcement is expected on Thursday, sources confirmed. The deal was first reported ...Read More
Brookfield’s plan for GGP: Add housing, office, hotels to underperforming malls
8/21/2018 4:20 PM
Brookfield Property Partners is wasting no time with its plan to turn around General Growth Properties, the massive shopping mall real estate investment trust it bought for $14.8 billion last month. Toronto-based Brookfield plans to expand GGP’s best performing malls with additional stores, and repurpose poorly performing malls by adding housing, o...Read More
Michael Cohen sells stakes in two buildings, pleads guilty on federal charges
8/21/2018 3:48 PM
Michael Cohen, the beleaguered former personal attorney to President Trump, sold stakes in two apartment buildings in the East Village and Upper East Side totaling $11.3 million, records filed with the city Tuesday show. Cohen, who is also the former deputy national finance chair of the Republican National Committee, pleaded guilty to felony counts...Read More
Here’s what the $10M-$20M NYC investment sales market looked like last week
8/21/2018 3:00 PM
1.) Abraham Fructhandler’s FBE Limited sold a warehouse in the Mott Haven section of the Bronx at 288 Walton Avenue for $16.8 million. The buyer, rental developer Heatherwood Communities, plans to replace the one-story industrial property with a 170,000-square-foot mixed-use building. Heatherwood owns rental assets in Brooklyn, Queens and Long Isla...Read More
Hamptons Cheat Sheet: Town officials look to buy and raze a Hampton Bays motel to build luxury condos … & more
8/21/2018 2:15 PM
Town officials look to buy and raze a Hampton Bays motel to build luxury condos Southampton Town officials want to buy the Bel-Aire Cove Motel so they can tear it down before securing construction permits and architectural drawings for a willing developer, Newsday reported. The owners are willing to sell for $1,060,000, according to Southampton tow...Read More
Toll Brothers aims for record revenues as profit climbs 30%
8/21/2018 1:15 PM
Toll Brothers is poised to end the year on a high note. The luxury builder’s profit climbed in the third quarter, as the company also raised its outlook for 2018. The optimism is thanks to strong new home sales amid housing supply constraints, Toll Brothers said in a statement Tuesday. Net income was $193.3 million, up 30 percent from $148.6 millio...Read More
Israeli real estate scion developing 78-unit project on Chrystie Street
8/21/2018 12:45 PM
Ben Harlev’s Arava Group plans to build a 78-unit residential building at 167 Chrystie Street, a permit application filed with the New York City Department of Buildings on Tuesday shows. The residential portion of the building would span 54,000 square feet while ground floor retail space would account for 5,000 square feet. Harlev, a former I...Read More
Police believe that “some a—hole” on Roosevelt Island is shooting at Solow’s One East River Place rental tower
8/21/2018 12:01 PM
“Some a—hole” on Roosevelt Island has been shooting at apartments across the East River at Solow Management’s One East River Place rental tower, law enforcement sources told the New York Post. Police sources said a tenant on the 14th floor woke up Friday morning to find glass strewn across the living room floor. Cops found a .38-caliber bullet they...Read More
This developer is banned from donating to city officials. Here’s the loophole it used
8/21/2018 11:15 AM
The Heskel Group is currently prohibited from donating to city officials, but they can still donate to state candidates who those officials support—a loophole they are taking advantage of. The Heskel Group, which is attempting to build a Target at 40-31 82nd Street in Queens with Sun Equities, has been banned from donating more than $400 to any mun...Read More

TOP NYC REAL ESTATE NEWS - "The Real Deal" "NY Times RE":
What I Love: Gary Shteyngart’s Year-Round Dacha
8/21/2018 4:00 AM
The upstate house offers an escape from a New York City that no longer exists — and a place where he can write three times as fast...Read More
Renters: Marie Kondo, in Reverse: How to Fill a Space
8/20/2018 4:00 AM
When her roommate moved out and took all the furniture, a Brooklynite had to furnish an entire apartment. She decided to do it slowly and deliberately...Read More
Ask Real Estate: Is It O.K. to Cheat on My Broker?
8/18/2018 9:00 AM
When a real estate agent can’t find you the perfect place, it may be time to move on. Then again, the problem could be you...Read More
What"s Selling Now: Homes That Sold for Around $1,000,000
8/19/2018 4:00 AM
Recent residential sales in New York City and the region...Read More
The Underground Apartment Market
8/17/2018 4:00 AM
Buyers and developers preoccupied with sky-high homes are reconsidering the lowly basement, as nest seekers look earthbound for deals...Read More
Right at Home: For the Love of a Country House
8/17/2018 10:27 AM
City-dwellers lucky enough to have a second home often lavish attention on it, because it gives them something their cramped apartments can’t: the life they actually want...Read More
The High End: Next Act for Roseland Ballroom Site
8/17/2018 8:30 AM
Four years after the popular concert and dance hall closed, a 62-story rental tower rises in its place...Read More
The Hunt: It Took a Village to Make Their Perfect Home
8/16/2018 8:30 AM
After years in a quiet walk-up, a couple discovers a “huge life upgrade” in the abundant conveniences of a bustling co-op community...Read More
Calculator: Counting Cranes
8/16/2018 8:30 AM
Construction cranes are the most visible sign of where new homes are being built...Read More
On the Market: Homes for Sale in Manhattan and Brooklyn
8/16/2018 8:00 AM
This week’s properties are in Hell’s Kitchen, Manhattan Valley, and Carroll Gardens, Brooklyn...Read More