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New dev broker returns to Douglas Elliman from Compass
8+ hour, 52+ min ago (492+ words) Samantha Behringer spent one year at rival brokerage after ending 23-year stint at Elliman A veteran new development broker has returned to Douglas Elliman after just one year at Compass." Samantha Behringer departed the brokerage for Compass in January 2025, ending…...
Foreign buyers and sellers are going strong in New York City
8+ mon, 1+ week ago (797+ words) In the first half of 2025, deal volume doubled from last year Serhant's Peter Zaitzeff with Williamsburg Wharf and Serhant's Kayla Lee with The Huron (Getty, Serhant, Williamsburg Wharf, Morris Adjmi Architects) In the early 2010s, wealthy individuals overseas flooded New York…...
Low inventory, hidden contracts drive new dev swoon
8+ mon, 1+ week ago (578+ words) Contracts in the second quarter were down 9% from 2024 New York City's new development contracts dried up as the winter thawed to spring." The city notched 648 contracts in the second quarter, down 9 percent from the same period in the previous year,…...
Manhattan rents continue hot streak to hit new record in May
9+ mon, 5+ day ago (416+ words) Despite growing supply, median rent in the boro, reaching $4,571 As temperatures rise in New York, so too has the rental market. Median Manhattan rent reached a new record high in May, at $4,571 per month, rising nearly 8% year over year, according…...