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New York City Property Sales Reach $23.69 Billion, but Third-Quarter Volume Falls 25%

New York City Property Sales Reach $23.69 Billion, but Third-Quarter Volume Falls 25%

by John G. Stevens | Oct 27, 2026 | Commercial Real Estate News, Current News & Events, Market Snapshot, Real Estate Investing

Summary: New York City recorded $23.69 billion in investment property sales during the first nine months of 2026, even as third-quarter volume declined 25.2% from a year earlier. New York City’s investment property market is showing two different faces in 2026:...
NYC Council Passes Bill Giving Nonprofits First Chance to Buy Distressed Apartment Buildings

NYC Council Passes Bill Giving Nonprofits First Chance to Buy Distressed Apartment Buildings

by John G. Stevens | Oct 23, 2026 | Real Estate News

New York City’s Council approved legislation Thursday that would give certified nonprofit housing organizations the first opportunity to bid on certain apartment buildings before their owners sell to other buyers, a major proposed change to transactions...
New York City Home Listings Reach Four-Year High as Contracts Slip and Rents Rise

New York City Home Listings Reach Four-Year High as Contracts Slip and Rents Rise

by John G. Stevens | Oct 17, 2026 | Market Snapshot, Real Estate News, U.S. Housing Market

New York City sellers put more homes on the market in September than in any month since March 2022, yet buyers signed fewer contracts and rental availability tightened. The combination is a reminder that a rush of new listings does not necessarily mean a city has...
Supreme Court Leaves New York City’s SoHo Loft Conversion Fee in Place

Supreme Court Leaves New York City’s SoHo Loft Conversion Fee in Place

by John G. Stevens | Oct 17, 2026 | Current News & Events, Real Estate News

The U.S. Supreme Court declined on October 13 to review a New York City zoning dispute involving a $100-per-square-foot fee to convert certain artist-designated SoHo and NoHo lofts to unrestricted residential use. The decision leaves a New York Court of Appeals ruling...
Hits and Misses for the Real Estate Week of Aug. 24-28

Hits and Misses for the Real Estate Week of Aug. 24-28

by Phil Hall | Aug 28, 2026 | Commercial Real Estate News, Current News & Events, Hits and Misses, Real Estate News, U.S. Housing Market, WRE News Exclusive

Bigger price tags on smaller homes, the Chicago Bears refuse to commit to a new stadium site, and Dolly Parton’s commercial real estate success. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Aug. 24-28. Miss: Shrinkflation...
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