Where the lawsuits challenging NY’s 2019 rent law stand
Five cases: three dismissals and two decisions pending. It’s been nearly two years since the New York state legislature...
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
Steven Mnuchin’s $26M home finally finds a buyer
After more than two years and a few price chops, Steven Mnuchin’s luxury co-op has finally found a buyer,...
Former Lehman exec lists Carnegie Hill mansion for $38M
A former Lehman Brothers executive is calculating a big profit for his Carnegie Hill mansion. Robert Millard listed his...
National
Demand for short-term rentals surges past pre-pandemic levels
It’s gearing up to be the best summer ever — for short-term vacation rentals. Last month, demand for short-term...
National
Here’s where homes virtually sold out in the pandemic
New data confirm what brokers and home buyers have long felt: The pandemic surge in homebuying decimated inventories most...
Tri-State
The 20 priciest Hamptons sales this year
UPDATED, May 14, 2021, 6:45 p.m.: Home sellers’ usual strategy is to list in the spring, when buyers are most active. But Hamptons buyers could hardly be more active than they have been since...
National
Airbnb’s losing spree continues with $1B loss in Q1
With travel finally picking up 14 months into a pandemic that has wreaked havoc on the industry, Airbnb may...
Madison Realty Capital closes on Toledano’s bankrupt East Village portfolio
After four years of legal limbo, Raphael Toledano is no longer the owner of a troubled 15-building apartment portfolio...
April leases soared across city; so did concessions
Manhattan, Brooklyn and parts of Queens saw record residential lease signings in April, the latest indicator of the market’s...
City Council bill would tighten screws on Airbnb
Putting a New York City apartment up for rent could get tougher. City Council member Ben Kallos introduced a...