No joke: Amy Schumer strikes deal for “Moonstruck” home
Comedian Amy Schumer is likely over the moon after reportedly entering into contract to buy a Brooklyn Heights townhouse...
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
REBNY, CoStar launch Citysnap listing portal
The Real Estate Board of New York, in partnership with CoStar Group, launched a long-awaited public portal for residential...
National
Pay rent, make bank: Stake pioneers cash rewards for renters
Stake, a fintech company that has developed a cash-back program for renters, raised $12 million in a Series A...
One of NYC’s widest townhouses sells for $53M
An Upper East Side townhouse said to be one of the widest in New York City has sold for...
Ovitz revealed as Bon Jovi’s Greenwich Village condo buyer
Who says you can’t go home? An entertainment mogul might have an answer for Jon Bon Jovi after snapping...
National
U.S. home price growth slows for first time in five months
Is the U.S. housing market finally slowing down? The latest report gives inconclusive answers. The S&P CoreLogic Case-Shiller Index...
See clear across Brooklyn, unclothed: Buyer claims $5M penthouse
If naked views of Brownstone Brooklyn and the Verrazzano Bridge are your thing, you just missed an opportunity at...
Fifth Ave co-op tops another slow week for Manhattan luxury contracts
As the broader housing market cools, demand for luxury Manhattan homes appears to have chilled, too. Just twenty contracts...
Tri-State
How not to discriminate: Long Island Realtors launch fair housing effort
The Long Island Board of Realtors has launched a fair housing awareness campaign, two years after a probe found...
“Paralysis” hits Manhattan home buyers
UPDATE: June 28, 1:15 p.m. ET: Buyers in the Manhattan housing market have lost their sense of urgency as a myriad of factors change the landscape. Agents and real estate experts have more caution among...