New York

Groups petition Supreme Court over New York foreclosure statute

A group of banking and mortgage associations is trying to get the U.S. Supreme Court‘s attention due to constitutional concerns about the state of New York’s Foreclosure Abuse Prevention Act (FAPA). Friedman Vartolo LLP announced on Monday that it has filed an amicus curiae brief with the Supreme Court on behalf of five of the […]

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Top Hamptons broker Terry Cohen joins Compass

Terry Cohen — a leading New York real estate broker in the Hamptons with more than $2.5 billion in career sales — has joined Compass after leaving her role as a partner at Hedgerow Exclusive Properties. Cohen, who closed $150 million in home sales in the past year alone, is known for representing a broad

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Netflix-featured real estate agent killed in hit-and-run

A New York real estate agent known for her appearance on Netflix’s “Million Dollar Beach House” was killed in a hit-and-run Thursday afternoon in the Hamptons, according to local reports. Sara Burack, 40, was found unconscious on a Hampton Bays road on Thursday afternoon. Authorities said she was pronounced dead at the scene. The driver

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Judge rejects bid to block NYC broker fee reform

A federal judge on Tuesday refused to block a landmark New York City law that will shift responsibility for paying broker fees from renters to landlords — clearing the way for the Fairness in Apartment Rental Expenses (FARE) Act to take effect on Wednesday. U.S. District Court Judge Ronnie Abrams denied a request by the

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This NYC mayoral candidate wants to make property taxes a core election issue

The mayoral campaign in New York City is in full swing, and candidates are aiming to inject their campaigns with hot-button topics that could resonate with voters in a closely watched election. To that end, an independent candidate is training his eye on the issue of property taxes, a sensitive one for people around the

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Zillow: Northeast housing competition heats up while Sun Belt offers breathing room

As the spring homebuying season ramps up, prospective buyers in the Northeast are facing fierce competition, while shoppers in the Sun Belt are finding more negotiating power, according to new data from Zillow. The analysis released Thursday shows a stark contrast between markets. In cities like Buffalo, New York; Boston; Hartford, Connecticut; and Providence, Rhode

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SERHANT. adds top New Jersey agent to fuel expansion

New York-based real estate brokerage SERHANT. has added one of New Jersey’s top-performing agents — Patrick Southern — as part of its expansion into the Garden State. Southern, who has been the leading individual agent in Hudson County, N.J., for more than a decade, joins the firm after closing nearly $200 million in real estate

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