Tal and Oren Alexander start with a morning workout, then frequent exclusive clubs, show million-dollar-plus listings and watch football. Source: New York Times
Posts published in “Douglas Elliman Real Estate”
Discrimination Weakens Tool for Reducing N.Y. Homelessness, Lawsuit Says
Vouchers, which help people afford rent, have long been seen as a key to solving the nation’s housing woes. But in New York City, a broken oversight system is undermining their effectiveness, advocates say. Source: New York Times
N.Y.C. Struggles To Recover After Omicron Cases Surge
The economic disruptions of the latest Covid wave have hurt blue-collar workers the most, even as Wall Street profits, rents and home sales are soaring. Source: New York Times
There Are Jobs in the Hamptons. If Only Workers Could Afford The Rent.
Unable to staff shifts, some restaurants and shops, already reeling from lockdown closures, are suspending service during the lucrative summer season. Source: New York Times
A Bright Spot for Small Businesses: Deals on Manhattan Rents
Commercial landlords are negotiating, and many entrepreneurs see this as the perfect time to expand. Source: New York Times
Manhattan Sales Market Is Poised for a Revival, Just a Year After It Collapsed
First-time buyers, significant price cuts and progress on vaccines in New York City helped boost first-quarter sales. Source: New York Times
The Down Side to Life in a Supertall Tower: Leaks, Creaks, Breaks
432 Park, one of the wealthiest addresses in the world, faces some significant design problems, and other luxury high-rises may share its fate. Source: New York Times
Manhattan Vacancy Rate Climbs, and Rents Drop 10%
There were more than 67,300 units available in July across the city as it tries to rebound from the coronavirus outbreak. Source: New York Times