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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":
NRT CEO goes after Compass for “taking advantage” of its agents
2/21/2019 4:45 PM
With a $4.4 billion valuation and a massive national expansion, Compass has become a major player in the brokerage landscape — and attracted its share of criticism. This time, it’s coming from NRT CEO Ryan Gorman. In an email to his executives, Gorman claimed Compass was “taking advantage” of its agents and said that brokers should be skeptical if ...Read More
Naftali in contract to buy one of the last large dev sites on Williamsburg waterfront
2/21/2019 4:15 PM
The Naftali Group, which has been ramping up its development activity following a quiet period, is lined up to buy one of the last large development sites on the Williamsburg waterfront. The Midtown-based development firm is in contract to buy the Rose Plaza site at 470 Kent Avenue from Abraham Rosenberg, sources told The Real Deal. The contract pr...Read More
Exiled Chinese billionaire Guo Wengui sues Soho China for $300M
2/21/2019 4:04 PM
Exiled Chinese billionaire Guo Wengui is suing Soho China — China’s largest office developer and a partial owner of the General Motors Building in Manhattan — for damages totaling $300 million. Guo, who made his fortune in real estate in China, is now an outspoken critic of what he calls rampant corruption in the Chinese Communist Party. He has bee...Read More
Zillow CEO Spencer Rascoff is stepping down as his co-founder takes over
2/21/2019 3:38 PM
Zillow Group is replacing CEO Spencer Rascoff with co-founder and former CEO Rich Barton, the company said in a Securities and Exchange Commission filing Thursday. Rascoff, also a co-founder, led Zillow as CEO from 2010 through its IPO — and will remain with the company until March 22. He’ll stay on the board of directors after Barton takes over. B...Read More
Behind the demise of Advisors Commercial Real Estate
2/21/2019 3:30 PM
Newly-rebranded Advisors Commercial Real Estate did not get off to a great start. Just months after the brokerage formerly known as Coldwell Banker Commercial Advisors was acquired by Sacramento-based First Capital Real Estate, vendors started to complain. Data giant CoStar shut off its service for nonpayment. Phone and furniture-leasing companies ...Read More
The Mountain of Beverly Hills just got a $350M price chop
2/21/2019 3:00 PM
When the so-called “Mountain of Beverly Hills” hit the market seeking a record-breaking $1 billion last summer, it drew snickers from real estate industry experts who balked at the price tag of the undeveloped land. Now, less than a year out, its sellers have cut its ask by 35 percent to $650 million, The Real Deal has learned. It re-listed on the ...Read More
In bizarre saga of Bo Dietl’s MeToo investigative platform, Douglas Elliman is apparently not a client
2/21/2019 2:19 PM
On Wednesday morning, an unexpected email hit the inboxes of New York media reporters. It said that Bo Dietl, the private eye and former mayoral hopeful, had created a “MeToo investigative platform” that would allow employees to report sexual misconduct and harassment. The email also said that Douglas Elliman was a client, and there wou...Read More
Lyft signs 100K sf lease at Cove Property’s 441 Ninth Avenue
2/21/2019 1:30 PM
Ride-share behemoth Lyft has signed a 100,000 square foot lease at the Hudson Commons new development on the Far West Side. The San Francisco-based firm will move into Cove Property Group’s 700,000-square-foot new development building at 441 Ninth Avenue, according to the Commercial Observer. The lease signing follows reports the company is racing ...Read More
Use TRD’s new 3-D development map to get a jump on the competition
2/21/2019 1:05 PM
 Trying to keep up with the latest projects underway in New York City? Check out The Real Deal’s new interactive map, where you can track more than 16,000 buildings in various stages of development across the five boroughs. This critical resource is for subscribers only, so if you haven’t joined us yet, sign up now. The map is updated d...Read More
Thomson Reuters CEO snags Jade Signature condo in Sunny Isles Beach
2/21/2019 12:15 PM
The CEO of Thomson Reuters bought a condo at Jade Signature in Sunny Isles Beach for $7.8 million. Jim Smith and his wife, Pam Kushmerick, bought the 4,361-square-foot unit at ‎16901 Collins Avenue for about $1,788 per square foot, records show. The condo, unit 5001, has five bedrooms and six-and-a-half bathrooms. Smith has been the CEO and preside...Read More

TOP NYC REAL ESTATE NEWS - "The Real Deal" "NY Times RE":
The Hunt: At Home, With Memories, in Brooklyn
2/21/2019 4:00 AM
After a family tragedy, a writer seeks a new apartment with room for his thousands of books...Read More
On the Market: Homes for Sale in Brooklyn and Manhattan
2/21/2019 10:47 AM
This week’s properties are in Downtown Brooklyn, Lenox Hill and Midtown East...Read More
On the Market: Homes for Sale in New York and New Jersey
2/21/2019 8:01 AM
This week’s properties are four-bedroom homes in Edgewater, N.J., and Mount Vernon, N.Y...Read More
Calculator: Rents Are Up? That Depends on Where You Live
2/21/2019 8:00 AM
The cost of renting a one-bedroom in New York City actually went down over the past year...Read More
Living In: Hawthorne, N.J.: More Homey Than Polished
2/21/2019 10:46 AM
The Passaic County borough is old school in many ways, a front-porch community with a quaint business district and residents who tend to stay put...Read More
International Real Estate: House Hunting in … Italy
2/21/2019 10:28 AM
The southeastern region of Apulia, known for its unusual conical structures, has become one of Italy’s most popular markets for second homes...Read More
What You Get: $1.3 Million Homes in Connecticut, Hawaii and Illinois
2/21/2019 10:48 AM
A 1760 clapboard house in New Milford, a cottage on Maui and an 1878 bungalow in Wilmette...Read More
What I Love: She Loves Her Stuff. He Has Little and Cares Less.
2/19/2019 9:16 AM
The musician Ingrid Michaelson and the actor Will Chase have very different ideas about material possessions. And that works out just fine...Read More
Renters: An Age-Appropriate Place Downtown
2/18/2019 4:00 AM
For three men in their mid-20s, the goal was leaving dormlike life behind. Now they have a “hangout apartment” in the financial district...Read More
Ask Real Estate: Can I Be Evicted if the Person I Sublet From Stops Paying the Rent?
2/16/2019 9:00 AM
Many landlords do not readily offer leases to subletters, but there are laws to ensure that primary tenants don’t game the system...Read More