New York real estate news stories on Newser

$90M+ Manhattan Penthouse Sets Record

Rob Quinn — Fri, 18 May 2012 04:22:05 CDT

A mystery buyer has smashed a New York City record by shelling out more than $90 million for a duplex penthouse, reports the New York Times . The 10,923-square-foot property—with 23-foot ceilings—occupies the 89th and 90th floors of One57, a midtown residential building that is still under construction....

NYC Buyers Win Apartments With ... Love Letters

Evann Gastaldo — Tue, 27 Mar 2012 12:41:05 CDT

How to snag a coveted New York City apartment? Increasingly, brokers are recommending an unconventional tactic: love letters. The letters are sent along with the offer, and they should include such heartwarming details as the story of how a couple met (just two blocks away, while walking their dogs!),...

Going Rate for an NYC Island: $160K

Polly Davis Doig — Mon, 03 Oct 2011 13:48:38 CDT

It's 2.5 acres of rock that's mostly submerged at times, has no electricity or power, was best known for housing typhoid victims (or so goes the legend), and bears the ungainly moniker of Rat Island—and for $160,000, it could have been your little island just off the...

For Sale: Stock in the Empire State Building?

Kevin Spak — Wed, 13 Apr 2011 11:42:09 CDT

Looking to invest in a piece of the New York real estate market? Well, soon you may be able to invest in the biggest piece of all: the Empire State Building. The Malkin family, which controls the building, is trying to create a publicly-traded real estate company that would feature...

Mr. President? Trump Will Run, Say Pals

Mary Papenfuss — Fri, 07 Jan 2011 02:42:00 CST

The slate of candidates looking to be president next time around is stacking up to be a doozie. Now real estate billionaire Donald Trump says he's "seriously" considering running for the top job because GOP pals are begging him to do it, and because China and North Korea are "laughing"...

Christie Brinkley Hawking Hamptons House for $15.75M

Alp_Arslan — Wed, 28 Jul 2010 14:19:56 CDT

And you thought she was just a pretty face. Ex-supermodel Christie Brinkley is offering for sale one of her several Hamptons homes—for the low, low price of $15.75 million. Located in North Haven, NY, near Sag Harbor, it was built in 1843 and features 5500 square feet, 4....

'Regular Guy' Limbaugh Sells NYC Condo for $11.5M

Jane Yager — Mon, 12 Jul 2010 06:16:17 CDT

After complaining about New York City's high taxes, Rush Limbaugh is parting ways with the city, selling his posh Fifth Avenue penthouse for $11.5 million. Limbaugh, who bought the place for $5 million in 1994, recently said on his radio show that he was going to "get out of...

For Rent: Obama's NYC Digs

Sarah Quinn — Tue, 08 Jun 2010 08:02:53 CDT

Barack Obama slept there, and you can, too—for a mere $1900 a month, you can rent the president's old New York City apartment, Gawker reports. The apartment at 42 West 109th St. has "beautiful hardwood floors," "high ceilings," and "large closets," the ad says. Obama lived there with a...

Truman Capote's Brooklyn Home on Sale for $18M

Tue, 11 May 2010 04:00:00 CDT

The Brooklyn townhouse where Truman Capote wrote Breakfast at Tiffany's and other notable works is on sale for $18 million. The building, on the market for the first time in 70 years, is expected to break sales records as one of the most expensive townhouses in the borough, Sotheby's International...