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Today's Rates

Mtg Loan Rate APR
30-yr Fixed 4.55% 4.7%
15-yr Fixed 4.01% 4.22%
1-yr Adj 2.76% 3.42%
* national averages

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TOP NYC REAL ESTATE NEWS - "The Real Deal" "NY Times RE":
Facebook revisits housing ad policy as part of discrimination settlement
3/19/2019 5:15 PM
In a blow to some real estate advertisers, Facebook has announced that it will no longer allow housing ads to target users by ZIP code, and will also impose a 15-mile minimum radius for geographic ad targeting. The decision comes as part of a settlement of five discrimination lawsuits filed by the National Fair Housing Alliance, the Communications ...Read More
This AI-based real estate startup just raised $45M
3/19/2019 4:30 PM
OJO Labs — which has developed an artificial intelligence-based assistant for the homebuying process — just raised $45 million in a Series C funding round. The Austin-based company will use the money to expand and speed up its product development, the company said in a statement. Investors in the funding round include LiveOak Venture Partners, Real...Read More
Move over, Singapore: Here are the world’s most expensive cities
3/19/2019 4:00 PM
Singapore is getting some competition in a new ranking of the world’s priciest cities. The Asian city is tied with Paris and Hong Kong, Bloomberg reported, citing the Economist Intelligence Unit’s Worldwide Cost of Living Survey. Singapore topped the list for five years. Zurich and Geneva came in third and fourth place, the report said. New Y...Read More
Blackstone’s EQ Office lands $570M refi for Park Avenue Tower
3/19/2019 3:30 PM
Blackstone Group subsidiary EQ Office locked down a refinancing deal for its 36-story Park Avenue Tower, which has seen some new leasing activity of late. The firm secured $570 million from Morgan Stanley for 65 East 55th Street, according to a source familiar with the transaction. Blackstone and Morgan Stanley declined to comment. EQ Office bought...Read More
Plaza PH buyer spends $29M to expand aerie
3/19/2019 2:50 PM
The owner of the Plaza Hotel’s triplex penthouse is upsizing. The anonymous investor — who scooped up the 6,300-square-food aerie from developer Christian Candy for $32.7 million in 2017 — just shelled out another $29 million for a duplex several floors below it, records show. The seller appears to be Jose Antonio Perez Helguera, managing dir...Read More
That picture you took at The Vessel? Related owns it.
3/19/2019 2:21 PM
UPDATED, March 19, 4:32 p.m.: As Hudson Yards officially opened Friday, thousands of New Yorkers streamed to the site to view and photograph the centerpiece item: The Vessel, a 150-foot tall honeycomb shaped series of staircases. But over the weekend, people expressed outrage after learning that any photo or video featuring the The Vessel — w...Read More
Here’s what the $10M-$20M NYC investment sales market looked like last week
3/19/2019 1:30 PM
In Brooklyn, a charter school purchased its four-story building and Irving Langer sold in Far Rockaway. Here are the details on last week’s mid-market investment sales around New York City, according to records filed with the city’s Department of Finance. 1. New Dawn Charter Schools bought 242 Hoyt Street, the site of its Boerum Hill hi...Read More
New Jersey Cheat Sheet: Toys ‘R’ Us unloads former Wayne HQ, Gov. Murphy touts Opportunity Zone awards… & more
3/19/2019 1:00 PM
  Former Toys ‘R’ Us HQ in Wayne sold to mystery buyer CBRE Group closed Monday on the sale of a 621,000-square-foot former Toys “R” Us corporate headquarters in Wayne. CBRE’s Jeff Babikian, Robert L’Abbate, Allyson L’Abbate, Nor Ramos and Brian Godau advised the company on the sale, although the broke...Read More
Bucking trend, Paragon Commercial to invest $500M in “neighborhood shopping centers”
3/19/2019 12:15 PM
As mall operators and retailers across the country struggle with sales, one local firm is going all in. El Segundo-based Paragon Commercial Group will invest $500 million over the next 18 months in retail property acquisitions, the company announced in a release Tuesday. Jim Dillavou, Paragon co-founder and principal, said the firm will focus on “n...Read More
Eight of Kushner’s Manhattan buildings are illegally occupied, Ritchie Torres investigation finds
3/19/2019 11:32 AM
The Kushner family real estate company is operating eight East Village rental buildings illegally, Bronx Councilmember Ritchie Torres alleged at a Tuesday morning press conference outside the company’s 666 Fifth Avenue headquarters. Torres said that his investigation, launched in cooperation with the nonprofit Housing Rights Initiative, found...Read More

TOP NYC REAL ESTATE NEWS - "The Real Deal" "NY Times RE":
What I Love: A Cliché Harlan Coben Couldn’t Resist
3/19/2019 4:01 AM
For the best-selling author of thrillers, buying a spooky old Victorian seemed a little too on the nose. But he did it anyway...Read More
Renters: Another Month, Another Neighborhood
3/18/2019 4:00 AM
Before landing on the Upper West Side, a family from Germany spent a year moving around New York City...Read More
What"s Selling Now: Homes That Sold for Around $1,000,000
3/17/2019 4:00 AM
Recent residential sales in New York City and the region...Read More
Ask Real Estate: Can I Really Lose My Apartment Over an Outdoor Cat?
3/16/2019 9:00 AM
Short answer: yes. You’ll have to decide whether your pet’s need for unfettered outdoor time is worth losing an apartment...Read More
Real Estate for the Afterlife
3/15/2019 4:00 AM
The price of your final piece of New York City can range from a few thousand dollars to more than $1 million...Read More
A Wall Divides a Connecticut Town
3/15/2019 8:30 AM
Stone walls are a source of pride in New Canaan, Conn. That’s why some town residents can’t stand a concrete one that is just pretending to be stone...Read More
Calculator: How Much Do You Need to Make?
3/14/2019 8:30 AM
To buy a median-priced home in one of the 50 largest American cities, you’ll need a certain annual income — which can vary dramatically...Read More
On the Market: Homes for Sale in New York and Connecticut
3/14/2019 8:01 AM
This week’s properties include a four-bedroom in Bayport, N.Y. and a six-bedroom in Westport, Conn...Read More
The Hunt: First Stop: Second Avenue
3/14/2019 1:16 PM
A Majorcan shoemaker arrives in New York and finds more value for her dollar in Murray Hill, where the Empire State Building welcomes her home every day...Read More
On the Market: Homes for Sale in Brooklyn and Manhattan
3/14/2019 8:01 AM
This week’s properties are in Tudor City, Greenwich Village and Park Slope, Brooklyn...Read More