New York City home sales nose-dive

Despite fewer home sales, the average price of a New York City apartment has been pushed up by very wealthy buyers. Sales like the $92 million apartment at 220 Central Park South last December have ske.....»»

CNBC's "Squawk Box" team break down New York City's real estate glut with Steven James, president and CEO of Douglas Elliman NYC, and CNBC's Robert Frank......»»

The Real Estate Board of New York (REBNY) celebrated its 30th Anniversary Residential Brokerage Deal of the Year Charity & Awards Gala this Tuesday at The Plaza, where leading professionals in New York City residential home sales and ren.....»»

The number of home sales in Manhattan fell 14 percent in 2018, the steepest drop since 2009, according to new data. The median price for an apartment in New York City fell below $1 million for the first time in three years in the fourth quarter......»»

One New York City mayoral candidate guessed that the median price of a home in Brooklyn was $80,000 to $90,000. The correct answer? $900,000......»»

In the early months of the COVID-19 pandemic, U.S. home sales slumped. Since then, however, the market has come roaring back — and rising demand, in conjunction with a relatively low supply of........»»

The Chinese capital gained 33 billionaires in 2020 for total of 100, just edging out New York City with its 99 billionaires. For the first time ever, Beijing is home to more billion.....»»

Buyers are takin.....»»

D'Artagnan is a New York City-based purveyor of foie gras, game meat, and other premium food products for the restaurant industry and at-home cooks. read more.....»»

'Tonight Show' host Jimmy Fallon is askin.....»»

Proceeds from the sales will go to Epstein's estate, which established a victim's fund for women accusing Epstein of sexually abusing them as minors. Modlin .....»»

Beam Suntory, the liquor company behind Jim Beam and Maker’s Mark, plans to move its global headquarters from Chicago to New York City next year. Chicago will remain home to its North American business unit and its largest office .....»»

Following the sales of several local restaurants, a Louisville-based mergers and acquisitions firm has a positive perspective about the resurgence of the city's restaurant industry post-pandemic. But its partners aren't just looking at trends and p.....»»

Home goods retailer Ikea has opened its first small-format store in the U.S., the company announced Monday. Located in New York City's Rego Center shopping mall, the store is 115,000 square feet, and joins more traditional Ikea wa.....»»

Nasdaq is the world's largest electronic stock exchange whose indexes, the Nasdaq Composite and the Nasdaq 100, are bellwethers for the tech sector. The Nasdaq has a headquarters in New York City, though it's a.....»»

With stay-at-home orders in place in NYC beginning in March, e-grocer FreshDirect saw an unprecedented spike in demand for online grocery deliveries. With stay-at-home orders in place in New York City beginning in March, e-grocer FreshDirect s.....»»

Bill Rudin of Rudin Management joins CNBC's Kelly Evans to discuss the path forward for office space in New York City as employees work from home amid the coronavirus pandemic......»»

News that tech giants including Twitter, Google and Facebook plan to let their employees work from home indefinitely has New York apartment owners nervous. Since the city instituted a compulsory coronavirus shutdown, property owner.....»»

New York City is the nation's largest real estate market, and the pandemic has caused a number of deals to go bust. CNBC's Robert Frank reports......»»

A funeral director describes the overwhelming circumstances as people desperately seek a funeral home for loved ones......»»