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From left: RAL Companies CEO Robert Levine and Quay Tower; Midwood Development CEO John Usdan and 150 East 78th Street (Photo Illustration by Steven Dilakian for The Real Deal with Getty, RAL, Midwood, Robert A.M. Stern Architects)

New development sales fell off a cliff in October

Icarus has finally crashed down to earth. After a run in which New York’s new developments routinely posted more...

New development sales fell off a cliff in October
The number of penthouse contracts is the highest ever (iStock)

Pent-up demand: Manhattan penthouse contracts soar

After spending more time inside over the past year, homebuyers desperate to upgrade are looking up — to the...

Pent-up demand: Manhattan penthouse contracts soar
The number of households that owe $10,000 or more in back rent rose 140 percent during the first year of the pandemic. (Getty)

Low-income tenants saw rent debt jump during pandemic

It’s clear that the pandemic has impacted New Yorkers’ ability to pay rent. What’s less clear is exactly how...

Low-income tenants saw rent debt jump during pandemic
Manhattan office sales quadruple in the third quarter

Manhattan office sales quadruple in the third quarter

According to this week’s market reports, Manhattan office sales more than quadrupled and FiDi home prices dropped 51 percent...

Manhattan office sales quadruple in the third quarter

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