PEOPLE LIVE LIKE THAT

One57 (left) and Time Warner Center (right)  Reuters/Wikipedia THE NEW "IT" BUILDINGS IN NEW YORK CITY'S LUXURY REAL ESTATE MARKET What’s in vogue one moment is often passé the next — a maxim that holds true for luxury real estate. The gleaming towers that are now in fashion in Manhattan are edging out yesterday’s “it” buildings, attracting the high-end buyers who might otherwise have bought their predecessors, even when those “old” buildings debuted relatively recently. Which new developments are taking place of the old? This month,  The Real Deal  paired five new Manhattan construction projects with headline-generating buildings of 15 years vintage or less. Purely by being new, the latest projects can boast advantages like fresh finishes and more built-in technology. And in the eyes of a buyer, newer often equates to better. “Developers can make the new model even better based on what they know to be successful,” said Douglas Elliman broker Jessica Coh...

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The June issue is live! : In our cover story this month, we rank Manhattan’s top residential agents. We’ve been running the annual ranking for about a decade, but this year we

The week in luxury: A map of NYC’s priciest apartment sales : Each week, The Real Deal and CityRealty look back at Manhattan’s priciest apartment sales.

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Manhattan's chief closers : It's been about a decade since The Real Deal began ranking Manhattan's top residential agents. But this year, the ranking looks a little different. T

Claude Wasserstein to list PH for $65M — $30M more than she paid in 2008 : Claude Wasserstein, the third wife of the late financier Bruce Wasserstein, is poised to list her palatial Upper East Side penthouse for $65 million —

Chinese buyer shells out $50M for Bob Diamond's 15 CPW penthouse: sources : Bob Diamond, the former CEO of Barclays, has found a buyer for his penthouse at 15 Central Park West. Sources said a Chinese buyer paid around $50

WATCH: A decade of work at 56 Leonard — in just over a minute : It's been a decade since Alexico Group began work at 56 Leonard, but a new time-lapse video released by the developer speeds up construction of the Je

Introducing the billion dollar home : The onetime home of King Leopold II in Saint Jean Cap Ferrat in the south of France has hit the market, asking one billion euros, or roughly $1.1 bill

The most unaffordable real estate isn't in NY -- it's in Asia : Think New York City real estate is expensive? In Hong Kong, Mumbai, Beijing and Shanghai, homebuyers may be saving for three decades to buy a modest h

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The $100M club: The trophy homes that sold around the world last year At least 10 homes sold at that price of higher in 2016: Christie’s      By  Miriam Hall  |  May 10, 2017 03:40PM At least 10 homes priced at $100 million or above sold around the world last year, with a collective value of $1.3 billion. It’s the highest number of homes to ever sell over the $100 million price point in one year, according to Christie’s International Real Estate’s 2017 Luxury Defined report, which gathers data from the company’s affiliates in 100 markets worldwide. New York City did not make an appearance on the list for 2016. While hedge fund mogul Ken Griffin is reportedly buying an apartment at  220 Central Park South  for more than $200 million, there hasn’t been a reported closed sale north of $100 million in the city since an apartment at  Extell Development’s One57  smashed the condominium sale record in 2015. The c...