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Alexandra White





    Extremely high home prices are increasing demand for rentals, pushing up national average rent. (Marcus & Millichap, iStock)
    National

    Why rent will rise by 2.8% this year

    The white-hot housing market is now heating up the rental market too. Nationally, the average effective rent is expected to increase 2.8 percent this year to $1,451, according to a Marcus & Millichap report....

    Why rent will rise by 2.8% this year
    L&L Holding's David Levinson and 11 East 69th Street (Google Maps, Getty)

    Upper East Side townhouse sells for $53.5M

    New York City’s biggest townhouse sale this year wasn’t Jeffrey Epstein’s former Upper East Side mansion. It was an office building turned single-family home two blocks away. Real-estate investor David Levinson, chairman and CEO...

    Upper East Side townhouse sells for $53.5M
    Patina Miller and husband David Mars with their Central Park house (Getty, Serhant)

    Hunger Games actress buys Upper West Side townhouse for $10.5M

    Manhattan’s competitive luxury market hasn’t quite reached dystopian battle royale proportions, but amid increased activity and shrinking discounts, this...

    Hunger Games actress buys Upper West Side townhouse for $10.5M
    30 East 14th Street (Google Maps)

    Witnick, Namdar, Gorjian buy 30 East 14th Street for $23.5M

    The Dushey Family, who own the discount chain store Shoppers World, and the Dadon Family have sold a 20-unit...

    Witnick, Namdar, Gorjian buy 30 East 14th Street for $23.5M
    One Court Square tower in Long Island City (Getty)

    Target is coming to Long Island City

    Long Island City is getting its first Target store. The private equity fund Savanna will lease 31,000 square feet of space at the bottom of its 53-story One Court Square office tower to the...

    Target is coming to Long Island City

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