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  • [ December 21, 2024 ] Retail Chain Party City is Going Out of Business Weely Real Estate News
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New York City

New York
Air Bnb Newsroom

Four months later: An update on New York City’s short-term rental rules

January 26, 2024 Allen Santos Comments Off on Four months later: An update on New York City’s short-term rental rules

Four months after New York City’s restrictive short-term rental rules went into effect, a new analysis of publicly available data reveals no discernible improvement in rental prices or housing inventory in the city. Key findings […]

Celebrities

Joan Rivers’ ‘haunted’ Versailles-style NYC penthouse removed from market after 3 years

December 30, 2023 kingstu Comments Off on Joan Rivers’ ‘haunted’ Versailles-style NYC penthouse removed from market after 3 years

More On: haunted houses Inside an eerie Italian town left abandoned after a devastating earthquake Neighbors shocked this home where grisly murder-suicide happened sells days after listing I found a creepy secret room painted with […]

Apartment
Weely Real Estate News

Apartment at The Plaza in NYC Sells for $66 Million

November 7, 2023 Allen Santos Comments Off on Apartment at The Plaza in NYC Sells for $66 Million

Talk about a room with a view: a 12,000-square-foot apartment at The Plaza, the New York City landmark hotel and condominium, that overlooks Central Park was sold for nearly $66 million. The Real Deal reported unit […]

Empire State
Commercial Real Estate

Empire State Building office occupancy rate tops 90% to buck NYC’s woes

November 6, 2023 Mariel Alumit Comments Off on Empire State Building office occupancy rate tops 90% to buck NYC’s woes

When you’re a huge, publicly-traded company with more than eight million square feet of offices in a struggling market, it helps to have a world-famous Observatory on top of your most famous building. Empire State […]

condo
Commercial Real Estate

Luxe condo at NYC’s Plaza Hotel sells for record $66M

November 4, 2023 Allen Santos Comments Off on Luxe condo at NYC’s Plaza Hotel sells for record $66M

In the world of opulent real estate, New York City’s Central Park South is a perennial favorite, renowned for its lavish residences and exorbitant price tags. The latest testament to this trend comes in the […]

Flatiron Building
Commercial Real Estate

NYC’s iconic, and vacant, Flatiron Building to transform into luxe condos

October 27, 2023 Mariel Alumit Comments Off on NYC’s iconic, and vacant, Flatiron Building to transform into luxe condos

New York City’s beloved Flatiron Building is about to get a dazzling makeover, and it’s turning into a hotspot for high-end condos. The Brodsky Organization has joined forces with the property’s current owners to embark […]

Annie Leibovitz
New York Post

Celeb photog Annie Leibovitz stands to sell NYC home for a $2.7M loss

October 19, 2023 Allen Santos Comments Off on Celeb photog Annie Leibovitz stands to sell NYC home for a $2.7M loss

An internationally acclaimed celebrity portrait photographer is attempting to offload her Manhattan digs. Annie Leibovitz, 74, has put her two-story Upper West Side co-op on the market — and for significantly less than what she […]

Housing

I had to pay an extra $250 to move into a garbage-filled NYC apartment

October 18, 2023 Allen Santos Comments Off on I had to pay an extra $250 to move into a garbage-filled NYC apartment

She was living the urban dream — until she moved into a costly, filthy nightmare.  Excited to begin her tenancy in a new Big Apple apartment, a Gen Z fashionista was crestfallen to find her […]

New York Post

Former American Express CEO lists home in tony NYC co-op for $25M

October 17, 2023 Allen Santos Comments Off on Former American Express CEO lists home in tony NYC co-op for $25M

Another apartment is listed in the famed 778 Park Ave. on the Upper East Side. Priced at $25 million, this one spans the entire ninth floor. The home, located in the same building where the […]

New York Post

Bad Bunny snags ultra-luxury NYC penthouse asking $150K per month

October 17, 2023 Mariel Alumit Comments Off on Bad Bunny snags ultra-luxury NYC penthouse asking $150K per month

Don’t be surprised if you see more of Bad Bunny in West Chelsea. The glam global pop star and rapper, recently snapped in Gotham with girlfriend Kendall Jenner in matching black outfits, has rented an ultra-luxury […]

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U.S. Market

Rocket
Housing Wire

Rocket lost money last year, so why are its shares up?

February 25, 2024 Comments Off on Rocket lost money last year, so why are its shares up?

​ Rocket Companies, the parent of Rocket Mortgage, lost money in 2023, but executives have expressed confidence about a big turnaround by touting investment in artificial intelligence (AI) to accelerate the company’s profitability. Despite reporting […]

delinquency rates
Housing Wire

Industry experts are closely watching delinquency rates, insurance costs

February 25, 2024 Comments Off on Industry experts are closely watching delinquency rates, insurance costs

​ Mortgage servicers, regulators and economists are closely watching the delinquency rates for Federal Housing Administration (FHA) loans following a spike in the fourth quarter of 2023. Industry experts say that although there’s a correlation […]

Jobs
Economy

Jobs data sends mortgage rates higher

February 3, 2024 Comments Off on Jobs data sends mortgage rates higher

​ Today we got a jobs Friday hat trick! Better headline jobs were reported, with positive revisions and more robust wage growth, which caught bond traders off guard and sent bond yields and mortgage rates […]

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