#Douglas Elliman

Apparently the combination of a massive flood of excess supply in the form of new luxury developments and a Trump tax plan that penalizes people living in expensive cities by capping SALT, mortgage interest and property tax deductions was simply too much for the Manhattan real estate market to

One of the key changes in the House GOP tax bill was to implement a cap on home interest deductions to the first $500,000 worth of mortgage debt and eliminate  interest deductions from second homes.  Of course, given active opposition from some very powerful realtor and homebuilder lobbying groups,

Any realtor worth their salt will tell you, when it comes to the home-buying habits of wealthy hedgies and bankers, gaudy McMansions and sprawling estates are so last season. Or, as they say in Greenwich: “Small is the new big." Owners of large homes in tony Hamptons neighborhoods hoping to

Once upon a time, a nonexistent income tax (Connecticut became the last state in the US to adopt an income tax in the early 1990s) and low property taxes - not to mention the gold coast tableau of beautiful beaches and lush greenery - made Greenwich, CT - just over the state line from Westchester -

Since the late 1990s, Manhattan real estate has become one of the premier destinations for foreigners - particularly wealthy Russian and Chinese businessmen - looking to stash their money offshore, helping to transform once-derelict neighborhoods like Soho into trendy hubs for the global elite,