Regulators quietly change stance on condos in LLC law
A state law prohibiting anonymous property ownership through LLCs has been quietly altered after pushback from the industry. The...
Residential Real Estate
Residential real estate is any property that is used for the purpose of habitation.
Residential Real Estate Q&A
What qualifies as residential real estate?
Residential real estate can be defined as any property that individuals or families inhabit. In addition to the traditional detached house, some property types include condos, apartments, townhomes, and multifamily units.
What is the residential real estate industry?
The residential real estate industry encompasses the buying, selling, renting, renovating, financing, management, development, and construction of residences. Brokerages, developers, banks, trusts, architects, and builders all work with landlords and individuals to design spaces for occupancy.
Who buys and sells residential real estate?
Traditionally, individual buyers use residential real estate agents to find and purchase residential properties. Residential real estate may also be held by companies that serve as landlords to individual tenants. Residential brokerages often act as go-betweens for buyers and sellers. The Real Deal releases annual rankings of real estate agents and brokerages in New York. Take a look at our Data Book for the most recent rankings.
Want to know more about residential real estate?
Check out our Top Stories below for TRD's most up-to-date coverage of residential real estate.
The Latest
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Every weekday The Real Deal rounds up New York’s biggest real estate news. We update this page at 9...
Amid slow sales, developers give buyers a break on mansion taxes
New York State’s “mansion tax” was meant to target buyers of luxury product. Now, some developers are coughing up...
Triplemint expands to New Jersey
Triplemint is expanding its footprint for the first time. The brokerage officially merged with Hoboken-based Court Street Property Group in July. While Triplemint CEO David Walker declined to disclose details of the deal, he...
Brokerages on rental application fee cap: “It hurts”
Since lawmakers clarified last month that agents and brokerages can only charge up to $20 for the preparation of...
A-Rod is coming for NYC and SoFla real estate
Alex Rodriguez has seen both his professional and personal life covered exhaustively in newspapers across the country for decades...
Compass opens Long Island City office as new-development sales surge
Compass has opened an office in Long Island City as sales prices in Queens hit record highs. Located at...
New life for Toys “R” Us, Masa Son is “embarrassed” with the Vision Fund: Daily digest
Every day, The Real Deal rounds up New York’s biggest real estate news, from breaking news and scoops to announcements and deals. We update...
Brokerage slashes agent commissions, delays payments after rent law change
At 10:23 p.m. on September 17, agents at the startup brokerage Nooklyn got an unwelcome email from the firm’s...
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