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Hits and Misses for the Real Estate Week of May 27-31

Hits and Misses for the Real Estate Week of May 27-31

by Phil Hall | May 31, 2024 | Commercial Real Estate News, Current News & Events, Hits and Misses, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new scholarship program for aspiring teen real estate professionals, the CFPB’s digging for “junk fees” and interest rate cuts across the Atlantic. From the wild and wooly world of real estate, here are the Hits and Misses for the week of May 27-31. Hit: Educating...
Katharine Hepburn’s Former NYC Home Listed for $7.2 Million

Katharine Hepburn’s Former NYC Home Listed for $7.2 Million

by Phil Hall | May 31, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The longtime New York City home of four-time Oscar-winning actress Katharine Hepburn has been listed for $7.2 million. The New York Post reported the 164-year-old five-story townhouse in Manhattan’s Turtle Bay neighborhood was acquired by Hepburn in 1931, who owned it...
Netflix Releases Trailer of Ryan Serhant Series ‘Owning Manhattan’

Netflix Releases Trailer of Ryan Serhant Series ‘Owning Manhattan’

by Phil Hall | May 29, 2024 | Current News & Events, Industry Updates, Real Estate News, WRE News Exclusive

Netflix (NASDAQ:NFLX) has released the trailer for its latest real estate-focused reality series – “Selling Manhattan,” starring Ryan Serhant. The new eight-episode series launches on June 28. According to Netflix, “The reality series will follow Serhant and his elite...
64 NYC Office Properties Being Positioned to Become Residential Housing

64 NYC Office Properties Being Positioned to Become Residential Housing

by Phil Hall | May 29, 2024 | Uncategorized

The owners of 64 office buildings in New York City have inquired for assistance in converting their commercial properties into multifamily housing. According to GlobeSt.com, the building owners are working with the city’s Office Conversion Accelerator Program, which...
Report: One in Five NYC Hotels is Now Housing Illegal Immigrants

Report: One in Five NYC Hotels is Now Housing Illegal Immigrants

by Phil Hall | May 28, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

Roughly 135 of New York City’s nearly 680 hotels are housing illegal immigrants, a loss of 16,532 hotel rooms, according to a report in the New York Times. This represents approximately one out of five hotels. The current level of lodging availability is 2,812 fewer...
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