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Search resuls for: "Douglas Elliman"


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Anyone who lives in New York — and plenty of people who don't — will tell you it is expensive and it is cramped. And an ongoing shortage of apartments and steady demand to rent them has led to record-high rental prices. The median rent for a 1-bedroom apartment in NYC eclipsed $4,000 in September according to rental platform Zumper. For example, you could live in Greenwich Village, on the street Taylor Swift made famous for $3,985 a month, according to a Zumper listing. Zumper compiled a list of homes for rent for $4,000 a month or less in 10 cities throughout the U.S.
Persons: Douglas Elliman, Taylor Swift, Zumper Locations: New York, Manhattan, Greenwich Village, U.S
New York CNN Business —A New York judge ruled last week that former President Donald Trump inflated the value of his Mar-a-Lago estate by an eye-popping 2,300%. But the Mar-a-Lago finding in particular is raising eyebrows among real estate and legal experts because of the metric Judge Engoron relied on: the county tax assessor’s appraisal value. It’s a well-known fact,” said Eli Beracha, chair of the school of real estate at Florida International University. “A discrepancy of this order of magnitude, by a real estate developer sizing up his own living space of decades, can only be considered fraud,” Engoron wrote. Cintron, the Harrington Ocko & Monk partner, doesn’t think the Mar-a-Lago valuation controversy moves the needle on the question of whether Trump committed fraud.
Persons: Donald Trump, Trump, Arthur Engoron, Engoron, ” Engoron, , Eli Beracha, , ” Dina Goldentayer, Douglas Elliman, ” Goldentayer, Goldentayer, Zillow, ” It’s, Jonathan Miller, Miller Samuel, ” Miller, Melissa Cintron, Harrington Ocko, Monk, it’s “, Miller, Christopher Kise, ” Trump, Letitia James, Cintron, Harrington, doesn’t, he’s, ” Cintron, CNN’s Anna Bahney Organizations: New York CNN Business, Trump, Florida International University, Miller Samuel Inc, Harrington, Mar, realtors, South, New York Locations: York, Beach, South Florida, New York City, , Springs, Westchester County , NY, Aberdeen, Scotland, Trump
Manhattan renters may have reached their "affordability threshold" in August, as median rents remained at record high, according to a new report. The median rent in Manhattan in August was $4,370 a month, unchanged from the record high in July, according to data from brokerage firm Douglas Elliman and the appraisal and research firm Miller Samuel. The drop suggests that while asking rents for new leases are high, renters are balking at the prices. In short, Manhattan renters may have reached their price limit. According to Redfin, the median national rent in August was $2,052, just $2 below the record-high last year.
Persons: Douglas Elliman, Miller Samuel, Jonathan Miller, Miller, Redfin Organizations: Brokers Locations: East Village, New York, Manhattan
“Our desire to be social with different people — including influencers and celebrities, or people who are living in a different place in a different way — can all play out on social media, because it feels like we are making a personal connection,” she said. “From the data that we have so far, there is no basis to say that social media have the ability to change behavior in that way,” he said. For people looking to live and work in big cities, the post-pandemic housing situation is dire. In Manhattan in June, the average rental price was $5,470, according to a report from the real-estate brokerage Douglas Elliman. Across the city, the average rent this month is $3,644, reports Apartments.com, a listing site.
Persons: , Pablo J, Douglas, Apartments.com Organizations: Northwestern University Locations: Manhattan, London
"The Brady Bunch" fan, Tina Trahan, bought the house used as the Brady home exterior for $3.2 million. Get the inside scoop on today’s biggest stories in business, from Wall Street to Silicon Valley — delivered daily. The house featured in "The Brady Bunch" hit the market in early June for a cool $5.5 million — and it just sold on Monday for $3.2 million. AdvertisementAdvertisementThe buyer, Tina Trahan, told The Wall Street Journal that she was a fan of the show, although she doesn't plan to live in the house. "Nobody is going to live in it," she told The Wall Street Journal.
Persons: Tina Trahan, Brady, Trahan, Danny Brown, Marcy Roth, Eklund Gomes, Douglas Elliman, Fredrik Eklund, Roth, Brown, overpriced, Wayne Brady, " Brown Organizations: HGTV, Service, Street Journal, HBO, Wall Street Journal, Compass, Wall Street Locations: Wall, Silicon, American, Studio, Los Angeles, Hollywood
A property on Miami's celebrity-approved Star Island is on the market for $68 million. The property also has a 1920s-era guest house — reportedly the first residence built on the island. 27 Star Island Drive is one of 35 residences on Miami's Star Island, a small island in the southeast corner of Biscayne Bay, according to listing agent Douglas Elliman. The property includes two buildings: a modern house completed in 2019, and a 1920s guest house, which was built by renowned Miami architect Walter De Garmo as the first residence on Star Island, Robb Report reported. Take a look inside this waterfront property.
Persons: , — they'll, Douglas Elliman, It's, Walter De Garmo, Robb Organizations: Service, Miami Locations: Wall, Silicon, Biscayne Bay
Justin Thomas and Tiger Woods are so close that Tiger considers JT part of his family. Thomas listed his 'starter' house in Jupiter, Florida, the home of many top golfers, including Tiger. The $3.5 million house has everything a wealthy young bachelor would want in a house. The property, dubbed Thomas' "starter house" by Golf Digest, was on the market for $3.5 million just months after he got married, and was listed by former golfer Johnny DelPrete of Douglas Elliman Realty. Thomas is considered Tiger Woods' closest friend on the PGA Tour and has even been referred to by Tiger as his "younger brother" and an "older brother" to Tiger's son, Charlie Woods.
Persons: Justin Thomas, Tiger Woods, Tiger, JT, Thomas, Johnny DelPrete, Douglas, Realty, Charlie Woods, it's Organizations: Tiger, Service, Golf Digest, PGA Locations: Jupiter , Florida, Wall, Silicon
A unique home located in Rockport, Texas, hit the market in July for $1.67 million. The home, which now has a signed contract, features ceilings made of reclaimed barn wood. It also comes with a 40-foot screened barn that houses an eight-foot-deep pool. Get the inside scoop on today’s biggest stories in business, from Wall Street to Silicon Valley — delivered daily. The standout feature of the residence is its 40-foot-tall screened pool barn, a unique structure that adds a modern flair to the home.
Persons: Douglas, Emily Waldmann Organizations: Service, Corpus Christi Locations: Rockport , Texas, Wall, Silicon, Texas, Rockport, Corpus, of Mexico
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIf you use 2021 to measure housing prices 'you're going to be disappointed': Douglas Elliman CEOHoward Lorber, Douglas Elliman President, Chairman, and CEO, joins 'Closing Bell Overtime' to talk rate hikes and their impact on mortgages and the commercial real estate market.
Persons: Douglas, Howard Lorber
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Douglas Elliman Chairman Howard LorberHoward Lorber, Douglas Elliman president, chairman and CEO, joins 'Closing Bell Overtime' to talk rate hikes and their impact on mortgages and the commercial real estate market.
Persons: Douglas, Howard Lorber Howard Lorber
An NYC apartment without a sink is available to rent, according to a TikTok video tour. The studio costs $2,500 per month, the realtor said in the video. NYC Sales & Rentals, which has the username @rentnewyork on TikTok with over 742,000 followers, showed a video tour of the studio apartment on August 3. "Tiny NYC Studio Apartment Tour," the caption on the video reads. The average rental price for a studio in Manhattan was $3,278, or $4,443 for a one-bed apartment, the data shows.
Persons: Frederick Peters, Peters, Miller Samuel, Douglas Elliman Organizations: Service, Rentals, NYC Sales, Forbes Locations: Wall, Silicon, York City, Midtown West, New York, Manhattan
CNN —US consumer prices rose 3.2% for the 12 months ending in July, according to the latest Consumer Price Index, which landed Thursday. “Don’t be fooled by the uptick in [year-over-year] inflation,” noted Julia Pollak, chief economist for ZipRecruiter. Gimme (cheaper) shelter: Shelter (i.e. “Our baseline forecast suggests that year-over-year shelter inflation will continue to slow through late 2024 and may even turn negative by mid-2024,” the researchers wrote. Uncooked beef steak prices rose 2.3% and uncooked ground beef rose 1.5%.
Persons: It’s, Don’t, , Julia Pollak, Joe Brusuelas, ” Brusuelas, , Anna Bahney, Danielle Wiener, Bronner, That’s, Douglas Elliman, Miller Samuel, Spencer Platt, Jonathan Miller, , Read, Biden, Michelle Toh Organizations: CNN Business, Bell, CNN, ZipRecruiter, RSM US, Federal Reserve, Commerce Department, San Francisco, Big Apple, Getty Locations: Manhattan, New York, New York City, China, Silicon
Washington, DC CNN —Rents in Manhattan hit another all-time high in July, the third record high in the past four months, even as rents are cooling in other parts of the country. That’s up 6% from a year ago and up 2.3% from June, when rents hit were at $4,300. A one-bedroom apartment in the borough had a median rent of $4,295, up 7.4% from last year; while a two-bedroom apartment had a median rent of $5,200, up 4% from a year ago. Not only did median rents go up, but the amount of concessions — or incentives offered by landlords — continued to drop. All the metrics for rent tracked in the report — including median rent, median rent inclusive of concessions and the average rent — hit record highs.
Persons: Douglas Elliman, Miller Samuel, That’s, , , Jonathan Miller, Miller, Organizations: DC CNN Locations: Washington, Manhattan, New York City, Brooklyn, Queens, New York
The average monthly rent in July was $5,588, up 9% over last year and marking a new record. Median rent, at $4,400 per month, also hit a new record, along with price per square foot of $84.74, according to a report from Miller Samuel and Douglas Elliman. It was the fourth time in five months that Manhattan rents hit a record. Despite a loss in population during the pandemic, average rents in Manhattan are now up 30% compared to 2019. Yet despite the population loss and rise of remote work, Manhattan rents continue to soar.
Persons: Fatih Aktas, Miller Samuel, Douglas Elliman, Jonathan Miller, Miller, What's, Janna Raskopf Organizations: Anadolu Agency, Getty, Kastle Systems Locations: Manhattan, New York, United States, U.S
One of Cher's previous homes is up for sale on Miami's La Gorce Island for $42.5 million. The six-bedroom home is one of 30 houses along the waterfront on La Gorce Island. Get the inside scoop on today’s biggest stories in business, from Wall Street to Silicon Valley — delivered daily. If you're a fan of the "Believe" singer, and have $42.5 million in your bank account, you could buy her former home on the private island. The six-bedroom house at 64 La Gorce Circle has a resort-sized pool, a sauna, a dock for your boat, and more, according to the listing on Douglas Elliman.
Persons: Cher, Douglas Elliman Organizations: Service Locations: Gorce, La Gorce, Wall, Silicon, Miami
Rent in New York City keeps hitting record highs even as migration from the city and state soars. In Manhattan, average rent in July was $5,588, up 2.2% from June and 9.3% from the previous year. People have been moving from New York State to low-tax Florida, as well as neighboring states. The surging average rental prices across New York City come despite people moving out in droves in recent years. New York City and surrounding areas like Long Island had some of the US' highest rates of negative net domestic migration between 2021 and 2022.
Persons: Miller Samuel, Douglas Elliman, It's Organizations: New York City, New York State, Service, Empire, Census Bureau, US Locations: New York, Manhattan, Florida, Wall, Silicon, New York City, Central, Brooklyn, Queens, New York County, New York State, New, Pennsylvania , Connecticut, New Jersey . New York City, Long
The latest must-have amenity in luxury New York City apartment buildings: a designated coworking space for remote workers. Apartment developers are building out private offices, conference rooms and even podcasting booths to capitalize on a lingering work-from-home trend. "A coworking space was actually the top of my list when I was touring," said Lauren Wells, a fashion designer and a resident at 420 Kent in Williamsburg. "When I need to meet with a customer for work, I can just bring up some of my work create a little space up there." Rent at each of the luxury rental buildings can run up to $7,950 per month for a one-bedroom apartment, while a studio for sale can cost nearly $1 million.
Persons: Matthew Villetto, Douglas, Lauren Wells Organizations: Pew Research Center, Development, Financial District Locations: New York City, Kent, Williamsburg, East Harlem, Washington, Tribeca
New York City is one of the most expensive American cities to live in, yet people from all around the world continue to flock there. Los Angeles is the only California city to make StreetEasy's list, while Florida had three cities rank in the top 10, including Tampa and Orlando. 1 U.S. city New Yorkers are moving to: Miami, FloridaMiami's popularity among New Yorkers continues to rise and the Florida city landed the top spot of cities residents are thinking about relocating to. Alexander Spatari | Moment | Getty ImagesTop 10 U.S. cities New Yorkers are moving toMiami, Fla. Philadelphia, Pa. Stamford, Conn. Atlanta, Ga. Tampa, Fla. Boston, Mass. It is considered the most significant financial district outside New York City, according to the city's Chamber of Commerce.
Persons: Douglas, StreetEasy, Goldman Sachs, Alexander Spatari, Sean Pavone, it's, Ned Lamont Organizations: New, Yorkers, Elliot Management, Fla ., Washington D.C, Philadelphia, Comcast Corporation, Toll, Burlington Stores, Burlington Stores . Philadelphia, Istock, Getty Images, Bloomberg, U.S . Postal Service, Charter Communications, city's Chamber of Commerce ., Getty Locations: Miami, Florida, New, New York City, Manhattan, The City, Yorkers, Los Angeles, California, Tampa, Orlando, U.S, United States, South Beach, Little Havana, . Miami , Florida, Fla . Philadelphia, Pa . Stamford, Conn, Atlanta, Ga, Fla, Boston, Mass, Fla . Los Angeles, Calif, Washington, East Stroudsburg, Pa, New York County, Kings County, Brooklyn, Queens County, Queens, Philadelphia, The Pennsylvania, Burlington Stores ., Getty Images Stamford , Connecticut, Connecticut, New York City for Connecticut, Stamford, city's Chamber of Commerce . Stamford , Connecticut
The estate once held the record for the country's most expensive home sale at $120 million in 2014. The property's seller is an LLC with ties to financier Ray Dalio, the Wall Street Journal reported. Get the inside scoop on today’s biggest stories in business, from Wall Street to Silicon Valley — delivered daily. The seller of Copper Beech Farm was The Conservation Institute LLC, a Connecticut company that has ties to hedge fund billionaire Ray Dalio, the Wall Street Journal reported. Sotheby's International Realty's Leslie McElwreath and Joseph Barbieri represented the seller and Stephanie Bo Li of Douglas Elliman represented the buyer.
Persons: Ray Dalio, Ken Griffin's, Leslie McElwreath, Joseph Barbieri, Stephanie Bo Li, Douglas Elliman Organizations: Wall Street Journal, Service, Conservation Institute Locations: Wall, Silicon, Greenwich , Connecticut, New York City, Connecticut
Experts say the richest are actually even richer and spending more than they were before the pandemic. Most Americans now have "spent up" demand for goods, but still have pent up demand for services, Zandi says. In her experience, luxury spending is highly correlated with the stock market, and investors have enjoyed handsome returns so far this year as the S&P 500 rebounds from its 2022 lows. The luxury services sector was a particular hot spot. "If this is a richcession, the rich are probably saying, bring it on," Zandi said.
Persons: they've, Mark Zandi, Zandi, they're, Rather, pricey Taylor Swift, Taylor Swift, Patek Philippe, Claudia D'Arpizio, D'Arpizio, Scott Dunn, Bridget Lackie, Lackie, Jennifer Stillman, Douglas Elliman, we've, Stillman Organizations: Service, Wall Street, Rolex, Bain & Company Locations: YOLO, Wall, Silicon, New York
A Beverly Hills mansion built in 1996 on the site of the Tate murders is seeking $55 million. Get the inside scoop on today’s biggest stories in business, from Wall Street to Silicon Valley — delivered daily. The house has been on the market for over a year and took a major price cut recently. Altman doesn't think that's why the 21,000-square-foot mansion has been on the market since January 2022, when it was originally listed for sale for $85 million. Buyers are unphased by its eerie history and willing to spend serious money for a unique home, Altman said.
Persons: Tate, Jeff Franklin, Matt Altman, Douglas Elliman, Altman, Josh, Sharon Tate, Manson Organizations: Beverly Hills, Service Locations: Beverly, Wall, Silicon, Beverly Hills , California, Beverly Hills, Angeles
Justin Thomas and Tiger Woods are so close that Tiger considers JT part of his family. Thomas listed his 'starter' house in Jupiter, Florida, the home of many top golfers, including Tiger. The $3.5 million house has everything a wealthy young bachelor would want in a house. The property, dubbed Thomas' "starter house" by Golf Digest, was on the market for $3.5 million just months after he got married, and was listed by former golfer Johnny DelPrete of Douglas Elliman Realty. So it's no surprise that the house for sale is just three miles from Tiger's home on Jupiter Island.
Persons: Justin Thomas, Tiger Woods, Tiger, JT, Thomas, Johnny DelPrete, Douglas, Realty, Charlie Woods, it's Organizations: Tiger, Service, Golf Digest, PGA Locations: Jupiter , Florida, Wall, Silicon
"He would know people's weaknesses and what they wanted and somehow always have something to offer," a former close friend said. Another close friend said Mickum once gave her a $1,000 loan "within minutes" when she needed it because of a credit-card crisis. He never "let the truth get in the way of a good story," a former close friend said. Hermès bags, like the Birkin and the Kelly, have always been symbols of unattainable luxury. There wasn't even a dust bag; Mickum claimed his mom's assistant would drop it off later.
Persons: George Mickum strode, Carlyle, Patty Hearst, He'd, Mickum, Birkin, swilling, Patty's, Gillian Hearst, Mr, George Mickum, Gillian Hearst's, George, Sally Painter, who'd, Peter Davis, Jackie O, Barbara Walters, Alessia Fendi, influencer Hannah Stella, Nick Hissom, Steve Wynn, Hearst, they'd, Prince Charles, Anna Delvey, Patty Hearst's, Rumor, he'd, wasn't, Met Breuer, Peter Poopat, George Santos, Trinity, Elisabeth Thieriot, Thieriot, Hermes, , Painter, Paul Mickum, George Mickum III, Sally, Painter's, Poopat, PJ Pascual, Patrick McMullan, Ramona Singer, Lauren Lawrence, Lawrence, Van Cleef, Nicole Salmasi, Trudy, Mike Vitelli, Eric Schmidt, Schmidt, Eric, R, Couri Hay, They're, Astor, William Randolph Hearst, Orson Welles, Kane, Gillian's, Bill Clinton, Patty, Bernard Shaw, Gillian, Lydia —, Shaw, Maxim, Lydia, Kane we're, Christian Simonds, Pierre, Krista Corl, Dee Dee, Scott Buccheit, Naeem Delbridge, Pascual, who's, We're, buttering, Simonds, Matthew Kehoe, England, — Hearst, Delbridge, Hearst's, Mario Glen Coco, Hearsts, Astrid Stawiarz, Tiger Woods, Ernie Els, Justin Timberlake, Joe Lewis, Buccheit, Mary McCarthy, Lillian Hellman, Mickum's, Christie Grimm, Steve, Kameron Ramirez, Hissom, Ramirez, Nick, Hunt, Damien Hirst, Douglas Elliman, Harry Winston, David Fiszel, invitees, Fiszel, Darian, Winston, Martha Stewart's, Mendel minks, Vacheron Constantin, Tao, Melinda French Gates, Shawn Mendes, Bill, Hillary Clinton, Neiman Marcus, Damien Hirst's, Damien, weren't, Kelly, Alexis Clarbour, Clarbour, Paul Wharton, you've, Wharton, Sean Zanni, Michael Coste, Hannah Stella, Coste's, Stella, Scott Fitzgerald, Coste, Goodman, Courroies Birkin, didn't, Aman, Cartier, Mickum's bluster, skeptically, satchel, Clarbour's, He's, We've, Sider, Philippe, Buccheit texted Pascual, he's, Hay, Café Carlyle, Alexander Hankin, Burisma, Hunter Biden, Mickum hasn't, There's, They've, Amy X, Wang, King Charles, Tracey Amon, Amon, GEORGE MICKUM Organizations: Hearst, Blue, Potomac, Hamptons, East, Met, University of Delaware, Southampton Bathing Corporation, Fields School, Georgetown Law, DC, Town &, New York Daily News, The New York Times, Google, Carnegie, Rockefeller, Cosmopolitan, Symbionese Liberation Army, Hearst Corporation, Vogue, Society of Memorial Sloan Kettering, Stockbridge Golf, New, Tiger, Tottenham, Douglas, Martha Stewart's Hamptons, Mickum, Projects, Madison, Getty, Antibes, Nike, Rue du Faubourg Saint, Couture, US, UN, New Yorkers, Avenue Couture, Hermès, Republican, Justice Department, Blue Star, Town, New York Times Magazine Locations: Bemelmans, Clinton, York, Palm, New, London, Manhattan, Dalton, Bay, Windsor Castle, Haute, Washington , DC, New York, Baccarat, The, San Francisco, Wilton , Connecticut, Side, Wyntoon, California, Buccheit, woodsy Stockbridge , Massachusetts, Stockbridge, Bahamas, Albany, Nobu, Martha, Peking, Paris, Istanbul, St, Georgetown, China, Italy, Hermès, Amalfi Coast, du, Midtown, brunch, Rue, Central Park, Mickum, Turkey, La, Café, Ukrainian, Ukraine
She is also a cast mate on the rebooted "Real Housewives of New York City," premiering July 16. Her two jobs play off each other: One day Lichy might sell a dated $5 million condo on the Upper West Side. While Lichy works with sellers to maximize their profit when listing a property, she's dabbled in flipping properties, too. Lichy earned her real-estate license at 19 years old and received a master's degree in sustainable development from New York University. Five of the new 'Real Housewives of New York City' cast members with Lichy at right.
Persons: Erin Lichy, Douglas Elliman's Eklund Gomes, , Lichy, she's, hasn't, It's, Tesla, Abraham, Abraham Lichy, Levi, Layla, Elijah, Eklund Gomes, Homegirl, She's, it's, Le Cuona, We've, Erin Lichy She'll Organizations: Housewives, New, Service, Douglas Elliman's Eklund Gomes Team, New York University, New York City, NBC Locations: New York City, New, New York, Tribeca, Manhattan, Barry's, Flatiron, Tribeca ., romaine, Ubers, Brasserie
A loft for sale in Manhattan comes with a tenant who's paying well below the area's average. The current rent doesn't cover the common charges for the property, listed as $2,802 per month. According to the Compass listing, the tenant in place pays a monthly stabilized rent of $2346.21. The current rent doesn't even cover the maintenance and common charges for the property, listed as $2,802 per month. The sixth-floor apartment in the same building with five bedrooms sold for $9.5 million in February, City records show.
Persons: , appraisers Miller Samuel, Douglas Elliman, Steven Hochberg, Miller Samuel, Hochberg Organizations: Service, Bloomberg, realtors, Compass Locations: Manhattan, Greenwich Village, New York City, Golenbock
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