NYC Real Estate Recap: July 3 - 9

In this week's real estate recap, a new luxury high-rise planned for Fifth Avenue, Joe DiMaggio’s former UWS penthouse on sales for $4.5M, and tenants defeat Clipper Equity in a lawsuit about overcharging rent.

Did we miss something? Let us know by emailing us at info@livebixby.co and we'll include it in next week's recap.



Brooklyn Bridge Park Opens New Section as Residents Continue Tower Fight

"Brooklyn Bridge Park officials opened new open space on Pier 5 while residents fight Pier 6 tower plans." Read more here...


Sellers Chop Prices and Buyers Feel Less Urgency as NYC Real Estate Cools

"Bidding wars are less common and sellers are offering discounts, but prices remain high." Read more here...


Masaryk Towers Residents Angered by Six-Week Gas Shutdown

"Tenants of Masaryk Towers will go six weeks without cooking gas, according to a flier from management." Read more here...


Joe DiMaggio’s former UWS penthouse is now on sale for $4.5M

"A penthouse once owned by star baseball player Joe DiMaggio at 400 West End Avenue has just hit the market asking $4.5 million." Read more here...


More condos, fewer contracts point to developer dilemma

"New condominium inventory is on the rise — but the number of signed contracts is falling..." Read more here...


No-shows: Despite price cuts and new listings, Manhattan open houses draw few buyers

"Manhattan sellers are slashing prices and the number of home sales have spiked, but buyers still aren’t showing up for open houses." Read more here...


Tenants defeat Clipper Equity in rent-stabilization suit

"Over 40 tenants at a downtown luxury building won a suit against Clipper Equity, successfully arguing the landlord overcharged them on rent." Read more here...


May I cut in? StreetEasy rivals see opportunity amid NYC listings fight

"Apartments.com representatives began reaching out to executives at some of the city’s largest residential brokerages as a competitive reminder that they exist." Read more here...