Real Estate – Latest NYC, US & Celebrity News | New York Post https://nypost.com Your source for breaking news, news about New York, sports, business, entertainment, opinion, real estate, culture, fashion, and more. Fri, 24 Jan 2025 17:12:15 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.5 163456144 Could this pocket of Midtown Manhattan become the city’s next housing hot spot? https://nypost.com/2025/01/24/real-estate/could-midtown-become-the-next-fidi/#respond Fri, 24 Jan 2025 12:12:04 -0500 2025-01-24T12:12:15-05:00 https://nypost.com/2025/01/24/real-estate/could-midtown-become-the-next-fidi/ Mary K. Jacob https://nypost.com/?post_type=article&p=34687023 0 34687023 Manhattan Midtown Skyline with illuminated skyscrapers at sunset. NYC, USA The plan? Rezone the area, dominated by struggling office buildings, to allow skyscraper apartments and office-to-residential conversions, creating nearly 10,000 new homes, including 2,800 affordable units. The goal is transform the area into a more residential friendly neighborhood like the Financial District was transformed. With its prime location and unmatched transit access, the neighborhood is seen as a no-brainer for development. t. But critics say the plan doesn’t do enough for low-income New Yorkers, accusing the city of catering to developers over residents. Here’s why home sales in 2024 fell to lowest level in nearly 30 years https://nypost.com/2025/01/24/business/home-sales-in-2024-fell-to-lowest-level-in-nearly-30-years/#respond Fri, 24 Jan 2025 11:18:16 -0500 2025-01-24T11:18:31-05:00 https://nypost.com/2025/01/24/business/home-sales-in-2024-fell-to-lowest-level-in-nearly-30-years/ Associated Press https://nypost.com/?post_type=article&p=34686462 0 34686462 Sold sign in front of home For sale sign in front of home Luxury jungle-themed hot spot Gitano’s lands new home at South Street Seaport https://nypost.com/2025/01/24/business/luxury-jungle-themed-hot-spot-gitanos-lands-new-home-at-south-street-seaport/#respond Fri, 24 Jan 2025 07:47:03 -0500 2025-01-24T07:47:12-05:00 https://nypost.com/2025/01/24/business/luxury-jungle-themed-hot-spot-gitanos-lands-new-home-at-south-street-seaport/ Steve Cuozzo https://nypost.com/?post_type=article&p=34651454 0 34651454 Patrons at Gitano Patrons at Gitano An aerial view of Pier 17 America’s most affordable housing havens aren’t so affordable anymore https://nypost.com/2025/01/23/real-estate/these-affordable-housing-markets-are-now-expensive/#respond Thu, 23 Jan 2025 16:08:02 -0500 2025-01-23T16:08:13-05:00 https://nypost.com/2025/01/23/real-estate/these-affordable-housing-markets-are-now-expensive/ Mary K. Jacob https://nypost.com/?post_type=article&p=34670827 0 34670827 The cost of homes in traditionally affordable cities is surging, with Cleveland, Ohio, seeing the highest year-over-year price increase of 15% among the 50 largest U.S. cities in December 2024, according to Redfin. Other cities like Milwaukee, Philadelphia, Miami, and Chicago also experienced double-digit increases, reflecting a broader trend as home prices rose in all 50 largest metro areas for the first time since May 2022. The typical home now costs $427,670, driven by a combination of limited housing supply, sellers holding out for high prices, and buyers adjusting to elevated mortgage rates, which averaged 7.04% in mid-January 2025. Cities like Cleveland and Milwaukee, once considered affordable havens, are becoming inaccessible for many locals, forcing them to settle for less desirable neighborhoods. In contrast, home prices in Florida and Texas saw minimal increases, with Tampa recording the smallest rise at 0.5%, due to increased housing construction, climate and insurance concerns, and weaker demand in former pandemic hotspots. The NYC apartment where ‘Dude With Sign’ lived until recently has listed for $5,950 per month https://nypost.com/2025/01/23/real-estate/dude-with-signs-former-nyc-pad-can-be-yours-for-6k-a-month/#respond Thu, 23 Jan 2025 15:39:17 -0500 2025-01-23T15:39:27-05:00 https://nypost.com/2025/01/23/real-estate/dude-with-signs-former-nyc-pad-can-be-yours-for-6k-a-month/ Jennifer Gould https://nypost.com/?post_type=article&p=34669892 0 34669892 REAL ESTATE - GIMME133 2nd Avenue, 4 Seth Jacob Phillips There are plenty of shelves to fill in this 800 square foot loft Seth Jacob Phillips The boutique condo building features a landscaped common roof deck The bedroom The galley kitchen, for those inclined to cook-in rather than take-out Seth Jacob Phillips Homeowners forced to pay $75K to fix newly built estate’s ‘nightmare’ sewage system https://nypost.com/2025/01/23/real-estate/homeowners-forced-to-pay-75k-to-fix-newly-built-housing-communitys-leaky-stinky-sewage/#respond Thu, 23 Jan 2025 14:41:59 -0500 2025-01-23T14:49:05-05:00 https://nypost.com/2025/01/23/real-estate/homeowners-forced-to-pay-75k-to-fix-newly-built-housing-communitys-leaky-stinky-sewage/ SWNS https://nypost.com/?post_type=article&p=34669403 0 34669403 A concerned mother, Pooja Menon, holding her two children in Castor Park, Allington, Kent, where local homeowners are facing sewage issues in their new-build estate. Group of homeowners standing near a faulty sewage pump on their new-build estate at Castor Park with green bushes and buildings in the background Homeowners in Castor Park, Allington, Kent paying for a tanker to manually remove sewage due to faulty pump on their new-build estate. Nick Fifield standing in his yard, frustrated with the constant sewage issues on his new-build estate in Allington, Kent Waste-management team from County Clean servicing and repairing sewage pipes in the new-build estate at Castor Park, Allington, Kent. Tom Brady is quietly shopping his ‘Billionaire Bunker’ Florida mansion for $150M https://nypost.com/2025/01/23/real-estate/tom-brady-looks-to-sell-his-billionaire-bunker-mansion-for-150m/#respond Thu, 23 Jan 2025 13:57:43 -0500 2025-01-23T13:57:52-05:00 https://nypost.com/2025/01/23/real-estate/tom-brady-looks-to-sell-his-billionaire-bunker-mansion-for-150m/ Mary K. Jacob https://nypost.com/?post_type=article&p=34668889 0 34668889 tom-bradys-new-home-construction-74936749 The two-acre estate, built from scratch after Brady purchased the lot for $17 million in 2020, features a two-story home, private gym, and cabana. Brady, 47, relocated to South Florida after retiring from the NFL and set up a family office nearby. House with 25-foot shark coming out of roof now accepting renters after years-long battle with town: ‘Ponder its deeper meanings’ https://nypost.com/2025/01/23/real-estate/house-with-25-foot-shark-coming-out-of-roof-now-accepting-renters-after-years-long-battle-with-town/#respond Thu, 23 Jan 2025 13:39:41 -0500 2025-01-23T13:40:49-05:00 https://nypost.com/2025/01/23/real-estate/house-with-25-foot-shark-coming-out-of-roof-now-accepting-renters-after-years-long-battle-with-town/ SWNS https://nypost.com/?post_type=article&p=34668202 0 34668202 25ft shark sculpture, titled 'Untitled 1986', crashing through the roof of a residential house in Oxford, known as the Shark House Bill Heine standing in front of his unique 'Shark House' on High Street in Oxford, with a 25ft shark statue protruding from the roof A 25ft long fibreglass and steel sculpture of a shark crashing through the roof of the Shark House in suburban Oxford available for rent, with a man identified as Taron Egerton nearby. NYC residents and building supers struggle with the new composting program: ‘It rots and turns to juice and attracts more rodents’ https://nypost.com/2025/01/23/real-estate/nyc-residents-struggle-with-the-new-composting-program/#respond Thu, 23 Jan 2025 13:39:25 -0500 2025-01-23T14:06:02-05:00 https://nypost.com/2025/01/23/real-estate/nyc-residents-struggle-with-the-new-composting-program/ Joyce Cohen https://nypost.com/?post_type=article&p=34665650 0 34665650 FREELANCE Duran owns a brownstone in Harlem and develops his recipes in a spacious kitchen that's set up for composting. His kitchen has four bins -- for regular trash, paper, plastic/metal/glass and compost. A tree eats up a good portion of the sidewalk outside of Duran's home -- and it was difficult for him to figure out where to put the bin for collection. As seen in many parts of the city, the compost bins are slightly more squat, and brown with orange handles. Duran's, he said, was once stolen -- and now he keeps an AirTag inside to know its whereabouts. Ashley Pelton, who lives in a fifth-floor walk-up unit, has to trek all the way to the basement to dispose of her compost pile. Pelton grew up composting in Maine, but in New York her freezer has a compartment that's too small for storage in between collection times. Up in her unit, Pelton is able to keep a Vitamix FoodCycler PC-50 for compost storage in a separate room. Even when it comes to having a composting bucket at home, she said, it's a situation that's asking for a fruit fly infestation. In Chelsea, super Dominick Romeo said his building's compost hasn't been collected on several occasions. When the bins aren't collected, Romeo added, he has to bring them back into the building's storage area, which can attract rodents. Compost bins can either be lined with plastic bags on the inside, or have nothing at all. Romeo is a proponent of composting, but he said the city could do better at responding to its issues. Certain disposals have been improper, such as throwing cat waste into composting bins. Landlord gripes he can’t sell his home — because Adele said it’s haunted https://nypost.com/2025/01/23/real-estate/landlord-gripes-he-cant-sell-this-pad-because-adele-said-its-haunted/#respond Thu, 23 Jan 2025 13:15:16 -0500 2025-01-23T15:15:46-05:00 https://nypost.com/2025/01/23/real-estate/landlord-gripes-he-cant-sell-this-pad-because-adele-said-its-haunted/ Mary K. Jacob https://nypost.com/?post_type=article&p=34667252 0 34667252 65th GRAMMY Awards - Show The home occupies nearly 20,000 square feet. Adele gave a tour of Lock House to Anderson Cooper The Grade II listed 10-bedroom mansion in West Sussex, complete with swimming pools, a tennis court, and a helicopter pad, has failed to attract buyers for over a decade. The foyer. The formal dining space. A billiards room. Living room in the luxurious 13-bedroom country manor, featuring a chandelier and chairs, previously rented by popstar Adele. Another living area. One of 10 bathrooms. Grand NYC townhouse with ties to James Bond mastermind Ian Fleming returns for $9.5M https://nypost.com/2025/01/23/real-estate/007-penners-best-spy-pal-once-owned-this-9-95m-nyc-home/#respond Thu, 23 Jan 2025 12:27:51 -0500 2025-01-23T12:52:26-05:00 https://nypost.com/2025/01/23/real-estate/007-penners-best-spy-pal-once-owned-this-9-95m-nyc-home/ Jennifer Gould https://nypost.com/?post_type=article&p=34654376 0 34654376 REAL ESTATE - GIMME171 e. 74th St Dr. Z. Paul Lorenc The townhouse is a verdant oasis in the heart of the city Casement windows add a touch of glamor to an elegant home Ian Fleming was known as the creator of the James Bond series, whose film actors have included Sean Connery. 161 E. 74th St. Original stairs One of the home's six fireplaces is in the main bedroom Cozy banquette dining is always a fun option The 20 foot wide townhouse comes with steep stairs and lots of light Light floods this open entertaining space The home comes with 1200 square feet of outdoor space The dining room also features a fireplace 161 E. 74th St. Entertaining options abound Rare waterfront triple-home Miami Beach compound lists for $150M — a local record https://nypost.com/2025/01/22/real-estate/rare-triple-waterfront-miami-beach-compound-lists-for-150m/#respond Wed, 22 Jan 2025 17:20:33 -0500 2025-01-22T17:20:43-05:00 https://nypost.com/2025/01/22/real-estate/rare-triple-waterfront-miami-beach-compound-lists-for-150m/ Mary K. Jacob https://nypost.com/?post_type=article&p=34651049 0 34651049 150-million-record-island-well-97148595_fa8942 The combined properties, spanning over two acres with 300 feet of waterfront, include 35,385 square feet of living space. 21 bedrooms, 25 full bathrooms, three pools, private docks, and four-car garages. Originally developed by real estate mogul Pedro Adrian for his family, the estates were later purchased by Jorge Luis Garcia, who cited the scarcity of comparable luxury properties as a key reason for the sale. A grand foyer of one of the three homes. A living space. A living room. A living room with coffered ceilings. A loggia. Businessman snaps up multimillion-dollar beachfront home for just $200K only to tear it down months later — here’s why https://nypost.com/2025/01/22/real-estate/businessman-snaps-up-multi-million-dollar-beachfront-home-for-just-200k-only-to-tear-it-down-months-later-heres-why/#respond Wed, 22 Jan 2025 16:13:27 -0500 2025-01-23T08:14:30-05:00 https://nypost.com/2025/01/22/real-estate/businessman-snaps-up-multi-million-dollar-beachfront-home-for-just-200k-only-to-tear-it-down-months-later-heres-why/ Realtor.com https://nypost.com/?post_type=article&p=34646728 0 34646728 Demolished home in Nantucket Island, construction site on the beach House in Nantucket pictured in early 2024 prior to being teared down due to coastal erosion. A home on the island of Nantucket demolished last week, after being condemned by the city due to coastal erosion. Image shot for the Nantucket Current and licensed from the photographer. Demolished home due to coastal erosion, piece of furniture about floor being torn apart Demolished home on the island of Nantucket due to coastal erosion, crane knocking into house on beach Demolished house on the island of Nantucket with a crane nearby. The LA wildfires have sparked an exodus to NYC https://nypost.com/2025/01/22/real-estate/the-la-wildfires-have-sparked-an-exodus-to-nyc/#respond Wed, 22 Jan 2025 15:54:37 -0500 2025-01-22T18:32:43-05:00 https://nypost.com/2025/01/22/real-estate/the-la-wildfires-have-sparked-an-exodus-to-nyc/ Mary K. Jacob https://nypost.com/?post_type=article&p=34648994 0 34648994 New York City, NYC, USA Art gallery owner Ilian Rebei made a snap decision to move his collection and himself to the Upper East Side after witnessing flames near his Hollywood Hills gallery, joining a growing exodus. Wildfires raging across California are driving some Angelenos to pack their bags for New York, with fears over safety and rebuilding sparking a wave of relocations. Hunter Biden and Georges Berges in Hunter⿿s studio Hunter Biden's art at the Georges Berges Gallery in New York City. New York City's Upper East Side. Real estate brokers report a surge in calls from Californians looking to buy or rent on the East Coast, with many calling the fires “the final straw.” Hollywood insiders like TV writer Alex O’Keefe are also fleeing, citing worsening industry struggles and mounting risks. South Florida to get a big style injection with a new condo from Fendi Casa https://nypost.com/2025/01/22/real-estate/sofla-gets-style-injection-with-new-condo-from-fendi-casa/#respond Wed, 22 Jan 2025 14:47:50 -0500 2025-01-22T14:47:58-05:00 https://nypost.com/2025/01/22/real-estate/sofla-gets-style-injection-with-new-condo-from-fendi-casa/ Jennifer Gould https://nypost.com/?post_type=article&p=34647697 0 34647697 REAL ESTATE - GIMMEFENDI CASA Miami A Fendi Casa designer building is rising 15 stories tall in Aventura, FL Fendi Casa bedrooms are highly stylized Elegant interiors are the name of the game Fendi Casa's sophisticated, clean living designs Joe Jonas toured this $5.65M Brooklyn penthouse with two levels of private outdoor space https://nypost.com/2025/01/22/real-estate/joe-jonas-toured-this-5-65m-brooklyn-penthouse/#respond Wed, 22 Jan 2025 14:24:16 -0500 2025-01-22T14:30:03-05:00 https://nypost.com/2025/01/22/real-estate/joe-jonas-toured-this-5-65m-brooklyn-penthouse/ Jennifer Gould https://nypost.com/?post_type=article&p=34644896 0 34644896 584-leonard-st-unit-ph-96463854 Joe Jonas Entertaining is a breeze in Brooklyn A 30 foot atrium adds light This Brooklyn penthouse with floating oak stairs has the feel of a townhouse The penthouse triplex comes with open living space The main bedroom comes with Greenpoint tree views The open chef's kitchen is adjacent to the living area Bitter cold temps could cost homeowners $300 extra — how to fix drafty rooms and save money https://nypost.com/2025/01/22/real-estate/cold-temps-could-cost-homeowners-300-extra-how-to-fix-drafty-rooms-and-save-money/#respond Wed, 22 Jan 2025 14:11:06 -0500 2025-01-22T14:11:08-05:00 https://nypost.com/2025/01/22/real-estate/cold-temps-could-cost-homeowners-300-extra-how-to-fix-drafty-rooms-and-save-money/ Realtor.com https://nypost.com/?post_type=article&p=34646456 0 34646456 97141036 A Man With Warm Coat Feeling The Cold Inside House handyman adjusting white pvc plastic window indoors. worker using screwdriver to repair upvc window. homework maintenance. Young Woman Covered With Blanket Freezing On Couch In Living Room, Millennial Female Wearing Knitted Scarf And Hat Indoors Warming Hands With Her Breath, Suffering Heating Problems Man fixing lock to window with electric screwdriver. Macaulay Culkin has sold the NYC loft he bought as a teenager for $7.75M https://nypost.com/2025/01/22/real-estate/macaulay-culkin-has-sold-his-longtime-nyc-loft/#respond Wed, 22 Jan 2025 12:30:32 -0500 2025-01-22T12:30:40-05:00 https://nypost.com/2025/01/22/real-estate/macaulay-culkin-has-sold-his-longtime-nyc-loft/ Mary K. Jacob https://nypost.com/?post_type=article&p=34645666 0 34645666 USA-ENTERTAINMENT/ACADEMY MUSEUM GALA Records show the Home Alone star bought a Noho condo at 704 Broadway back in 1999 for $1.75 million. Macaulay Culkin playing the role of Kevin McCallister in the Home Alone sequel 'Lost in New York.' Made up of 3 bedrooms and 2 baths, he sold the loft-style unit for $7.75 million in an off-market deal. He purchased the home a year after marrying soap star Rachel Miner. The two divorced three years later, but Culkin would hang on to the loft for over 25 years. After nearly a decade of staunch local opposition, this NYC building is revealing its luxury apartments — and is still receiving complaints https://nypost.com/2025/01/22/real-estate/the-ues-hated-this-building-and-now-its-units-are-renting/#respond Wed, 22 Jan 2025 10:35:03 -0500 2025-01-22T18:08:47-05:00 https://nypost.com/2025/01/22/real-estate/the-ues-hated-this-building-and-now-its-units-are-renting/ Heather Senison https://nypost.com/?post_type=article&p=34626648 0 34626648 1143 5th Ave. NYC apartment building The exterior of the Carnegie Hill building. Among the perks for tenants: plenty of private outdoor space. A large living area in one of the newly unveiled units. A spacious chef's-style kitchen in the building. Tenants will have breezy access to laundry, with washer/dryer units right at home. Bedrooms are equal parts cozy and well-lit. A spa-like bath retreat. Outdoor spaces lend themselves to easy al-fresco entertaining. Americans flocked to this southern US state in droves in 2024 https://nypost.com/2025/01/21/real-estate/americans-flocked-to-south-carolina-in-droves-in-2024/#respond Tue, 21 Jan 2025 15:57:40 -0500 2025-01-21T15:57:49-05:00 https://nypost.com/2025/01/21/real-estate/americans-flocked-to-south-carolina-in-droves-in-2024/ Mary K. Jacob https://nypost.com/?post_type=article&p=34627603 0 34627603 South Carolina was the most popular state for Americans relocating in 2024, according to U-Haul's study of over 2.5 million one-way trips. The state dethroned Texas, which held the top spot for three years but still ranked second, followed by North Carolina, Florida, and Tennessee Migration trends continue to favor the Southeast and Southwest, driven by factors like cost of living, job opportunities, and quality of life. South Carolina, known for its history, beaches, and low cost of living, attracted retirees, especially in Myrtle Beach, which saw a 23% growth in residents over 65 from 2020 to 2023. In contrast, states like California, New York, and others in the Northeast, Midwest, and West Coast experienced significant population declines, with California ranking last for the fifth consecutive year. Rising states included Oklahoma, Indiana, and Maine, while Colorado, Nevada, Wyoming, and New Mexico saw notable drops.