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...
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 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...
NYC apartment prices hit 4-year low, Pacific Park developers reveal new plans: 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...
LeBron wanted it and California’s governor signed it. What the college athlete compensation law means to real estate
California’s landmark student athlete compensation bill has now been signed into law, and while the NCAA has strong objections, one very high profile athlete...
Racial inequality in homeownership across US is sharpest in New York: report
White homeowners control a disproportionately high percentage of property across the country, and the discrepancy between population and ownership...
Resi scorecard: Brooklyn and Queens condo inventory through
July 2019
New development condo report Brooklyn Inventory expanded as developers filed more units than were purchased Developers filed 13 plans...
Owners of some residential properties can’t hide behind
LLCs anymore
The owners of certain residential properties in New York can no longer shield their identities from the state using...
Tiny-home “oasis” eyed for LA desert — and NYC
Having spent the last year and a half building this tiny home prototype, the Saat family believes that “the...
Philip Seymour Hoffman’s old West Village pad sells for $2.57M
Philip Seymour Hoffman’s onetime home in the West Village has traded hands, five years after the actor’s death from...
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