A foreclosed penthouse sold for $36 million—29% less than its 2014 price.
A penthouse at the ultra-luxury One57 tower -- the most expensive home ever seized in New York City -- has found a new owner.
Purchasers paid more than the asking price in 10 percent of deals for homes under $3.3 million in the third quarter.
Listings of mansions in Greenwich have dropped for the past four quarters.
Despite the city's oversupply of rental units, the ex-governor says, "We’re going to do fine."
Manhattan is getting $20,000-a-month homes for rich seniors.
The city is where developers are testing plans for high-end urban housing for rich retirees.
The Hamptons is a second-home market whose health is tied to the fortunes of New York’s financial industry.
After years of mansions piling up on the market, the inventory for luxury homes plunged 21 percent in the second quarter.
The new foreclosure at One57 might be the biggest ever in the city's residential real estate market.
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