Articles by Erin Hudson

Joe Jonas and Sophie Turner with 199 Mott Street (Getty; Modlin Group)

Joe Jonas and Sophie Turner list NYC pied-à-terre for $5.9M

Singer Joe Jonas and actress Sophie Turner are looking to sell their New York City home and become full-time...

Joe Jonas and Sophie Turner list NYC pied-à-terre for $5.9M
(iStock)

Landlords lost about $9B in rental payments last quarter: report

Almost 11 million households were behind on rent or mortgage payments during the first three months of the pandemic....

Landlords lost about $9B in rental payments last quarter: report
As rates hold steady at 3 percent, the average loan hit another record high: $370,200 (iStock)

Size does matter: Mortgage loan average swells to new record

As applications for home loans dropped last week, the average loan size continued to break records. The number hit...

Size does matter: Mortgage loan average swells to new record
State Sen. Julia Salazar, Barbara Corcoran and Gov. Andrew Cuomo (Getty)

State says Barbara Corcoran is on board with broker-fee ban

The Cuomo administration says the real estate industry only has itself to blame for a pending ban on broker...

State says Barbara Corcoran is on board with broker-fee ban
Ryan Serhant (Getty)

Ryan Serhant leaves the Nest

Ryan Serhant is marking 12 years in real estate by striking out on his own. The celebrity broker is launching his own brokerage, Serhant, that will focus on selling New York City properties through...

Ryan Serhant leaves the Nest
Brown Harris Stevens CEO Bess Freedman (iStock)

BHS gives employees Election Day off

Brown Harris Stevens is giving its staff no excuse not to cast their ballots come Nov. 3. CEO Bess Freedman announced in a memo on Monday that BHS employees will not have to report...

BHS gives employees Election Day off
141 Saint James Place and 380 Degraw Street in Brooklyn (Google Maps)

Clinton Hill townhouse leads Brooklyn’s priciest contracts of the week

After getting off to a strong start in September, Brooklyn’s luxury market experienced a slight dip in the past...

Clinton Hill townhouse leads Brooklyn’s priciest contracts of the week
(iStock)

Manhattan apartment vacancy smashes 5% barrier

Are there 15,000 people who want to live in Manhattan? Another historic surge in the borough’s empty apartments last...

Manhattan apartment vacancy smashes 5% barrier
Ninve James 

REBNY taps Realtor.com exec to lead RLS

REBNY’s Residential Listing Service has a new chief. Ninve James is joining the Real Estate Board of New York to lead the RLS, the trade association announced in a release. James, a former vice...

REBNY taps Realtor.com exec to lead RLS
The average size of a home loan hit a new record of $368,600 (iStock)

Mortgage size hits record high as rates slip

As rates slipped, the volume of Americans seeking mortgages rose — and the average size of loans hit a...

Mortgage size hits record high as rates slip
556 1st Street and 556 3rd Street in Brooklyn (StreetEasy and Google Maps)

Pricey Park Slope townhouses drive dealmaking in Brooklyn

Fall is starting with a solid set of luxury contracts inked in Brooklyn. Fifteen contracts were signed last week...

Pricey Park Slope townhouses drive dealmaking in Brooklyn
220 Central Park South and Vornado chairman Steven Roth (Credit: Google Maps and Getty Images)

Mystery buyer closes on 220 Central Park South pad for $62M

UPDATED, Sept. 11, 2020, 6:36 p.m.: After another lofty closing at 220 Central Park South, developer Vornado Realty Trust...

Mystery buyer closes on 220 Central Park South pad for $62M
Ken TaeHern Kim, Zhongyuan Li and the Hyatt Regency Waikiki Beach (Linkedin, Google Maps)

Allegations fly in trial over Anbang and Mirae’s $5.8B hotel deal

The embittered parties fighting over a $5.8 billion hotel portfolio sale went to trial this week to decide the...

Allegations fly in trial over Anbang and Mirae’s $5.8B hotel deal
Mortgage Banker Association’s weekly index shows a decrease in refinance applications in the third week of August 2020 (iStock)

Refi applications fall again

Refinancing activity plummeted last week while applications to purchase homes remained flat — and substantially higher than a year ago. An index tracking the volume of mortgage applications to buy homes each week, known...

Refi applications fall again
90 Furman Street and 52 Remsen Street (Google Maps)

Checkbooks out: Nearly $60M in Brooklyn luxury contracts inked

Luxury home buyers in Brooklyn whipped out their felt-tipped pens last week, extending the market’s robust August. Much of...

Checkbooks out: Nearly $60M in Brooklyn luxury contracts inked
Senegal House renderings (left) and 235 East 44th Street (right (Credit: Urbahn Architects and Google Maps)

Senegal sued again over Midtown tower project “clouded with corruption and cronyism”

Months after the Senegalese government paid $25 million for a bulk condo purchase at a controversial Midtown tower it...

Senegal sued again over Midtown tower project “clouded with corruption and cronyism”
The U.S. housing market sets new record for home sales and prices in July 2020. (iStock)

It’s never been more expensive to buy a home in the US

The U.S. housing market is setting records despite a pandemic. The number of existing home sales across the country...

It’s never been more expensive to buy a home in the US
Richard Ohebshalom of Pink Stone Capital and the site at 111 Washington Street (Google Maps)

Ohebshalom’s FiDi development site, freed of legal shackles, hits market

Legal entanglements that tied up a Financial District development site for years have been stripped away and its new...

Ohebshalom’s FiDi development site, freed of legal shackles, hits market
Vornado CEO Steve Roth and 220 Central Park South (Getty; Google Maps)

Duplex at 220 Central Park South sells for $49M

Vornado Realty Trust’s “financial engine” is chugging along with another closing. A condo at 220 Central Park South sold...

Duplex at 220 Central Park South sells for $49M
(iStock)

Rising rates push down mortgage refinancing applications

Mortgage rates increased last week as refinancing applications fell and purchase applications held steady. The Mortgage Bankers Association’s weekly...

Rising rates push down mortgage refinancing applications
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