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Real Estate
This Is What $25M Gets You In Saratoga County (Yes, There’s An Elevator) This Is What $25M Gets You In Saratoga County (Yes, There’s An Elevator)
This Is What $25M Gets You In Saratoga County (Yes, There’s An Elevator) Got $25 million burning a hole in your pocket? Saratoga County has just the mansion for you. Known as Palazzo Riggi, this sprawling stone sanctuary—located at 637 North Broadway in Saratoga Springs—is currently the priciest real estate listing around. Situated on a corner lot behind wrought-iron black and gold gates, the six-bedroom, 13-bathroom property stretches nearly 20,000 square feet across just under an acre. Julie & Co Realty Originally owned by socialite Michele Riggi and her late husband Ronald, the mansion is as opulent as they come, boasting everything from a koi po…

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by Michael Mashburn
Real Estate
New Study Breaks Down Renters’ Changing Habits New Study Breaks Down Renters’ Changing Habits
New Study Breaks Down Renters’ Changing Habits A new national survey reveals that more Americans are putting down roots in their rentals, transforming temporary units into true homes.  According to research by Talker Research for Lemonade, a digital insurance company, today's renters are staying put longer and developing new habits around their living spaces. The study, which polled 2,000 Americans, highlights a rise in long-term tenancy.  Nearly a third of renters surveyed have spent years in the same unit, with baby boomers (41 percent) and Gen Xers (28 percent) most likely to stay for the long haul. In fact, 62 percent sai…

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by Joe Lombardi
Real Estate
Jackie Gleason’s UFO-Inspired ‘Mothership’ Estate in Westchester Hits Market for $5.5M Jackie Gleason’s UFO-Inspired ‘Mothership’ Estate in Westchester Hits Market for $5.5M
Jackie Gleason’s Ufo-inspired ‘Mothership’ Estate in Westchester Hits Market for $5.5M A one-of-a-kind Westchester estate built for comedy legend Jackie Gleason — and designed to resemble flying saucers — has landed back on the market.  Known as “The Mothership,” the Cortlandt Manor property at 196 Furnace Dock Rd. is now listed for $5.5 million with The Corcoran Group.  Commissioned by Gleason and completed in 1959 after five years of construction, the mid-century modern estate sits on 8.6 wooded acres and blends into its surroundings with floor-to-ceiling windows and curved architectural details. Zillow Designed by architect Robert Cika, the estate includes two…

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by Ben Crnic
Real Estate
Anything But Subtle: Peek Inside 'Most Colorful Home In Queens,' Listed For $3M Anything But Subtle: Peek Inside 'Most Colorful Home In Queens,' Listed For $3M
Anything But Subtle: Peek Inside 'Most Colorful Home In Queens,' Listed For $3M In a city of concrete and glass, one Queens home is blooming with color — and it’s hitting the market for a cool $3 million. Billed as “the most colorful home in Queens,” this 6-bedroom, 4-bath custom showpiece in Astoria is less a house and more an eternal spring garden you can actually live in. Listed by Nest Seekers International, the 2,856-square-foot semi-detached brick stunner greets visitors with a graceful arched entryway before whisking them into a kaleidoscope of floral finishes, candy-colored walls, and hand-selected chandeliers that double as art. Nest Seekers Internati…

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by Michael Mashburn
Real Estate
$2.4M NJ Home Was Once A Church — Now It Has A Lazy River $2.4M NJ Home Was Once A Church — Now It Has A Lazy River
$2.4M NJ Home Was Once A Church — Now It Has A Lazy River From the outside, 301 Station Avenue looks like a charming English cottage.  Step inside the Haddon Heights, and you’ll find one of the most unique homes on the market in South Jersey — complete with a lazy river. Built in 1925 as the First Church of Christ, Scientist, the 4,725-square-foot property was designed by New York architect Bernhardt E. Muller in an English cottage style.  Listing agent Michala Costello of Compass said the exterior is “so unassuming,” but the interior — once the worship area — is “just stunning and gorgeously beautiful.” Lovingly converted into a priva…

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by Cecilia Levine
Real Estate
Home Sales Tumble As Prices Set Records: Here's Why Home Sales Tumble As Prices Set Records: Here's Why
Home Sales Tumble As Prices Set Records: Here's Why US home sales dropped more than expected in June as buyers pulled back amid record-high prices and mortgage rates that have stayed high. Sales of previously owned homes fell 2.7% in June to a seasonally adjusted annual rate of 3.93 million, according to the National Association of REALTORS. Analysts had predicted just a 0.7% drop, CNBC reported. The median sales price nationwide rose 2% from June 2024 to $435,300, setting a new record. The report reflects contracts likely signed in April and May, when the average 30-year mortgage rate hovered above 6.8% and briefly topped 7%, according to M…

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by Chris Spiker
Real Estate
170-Acre Luxury NY Estate With Private Sports Barn, Guest Cabins Listed For $8.47M 170-Acre Luxury NY Estate With Private Sports Barn, Guest Cabins Listed For $8.47M
170-Acre Luxury NY Estate With Private Sports Barn, Guest Cabins Listed For $8.47M A one-of-a-kind luxury estate in Dutchess County has hit the market for the first time, offering Adirondack-style elegance, expansive views, and a stunning array of year-round amenities—all set on 170 private acres in the heart of the Hudson Valley.  Located at 367 Prospect Hill Rd. in Pine Plains, the property is now listed for $8,475,000 and has been on the market for just under two weeks, according to its Houlihan Lawrence listing.  Designed by architect Lloyd Taft and built by a third-generation camp builder known for his work in upstate New York and the Thousand Islands, the …

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by Ben Crnic
Real Estate
Westchester, Putnam, Dutchess Q2 Real Estate Markets Stayed Strong Despite High Rates: Report Westchester, Putnam, Dutchess Q2 Real Estate Markets Stayed Strong Despite High Rates: Report
Westchester, Putnam, Dutchess Q2 Real Estate Markets Stayed Strong Despite High Rates: Report Despite higher mortgage rates and tight inventory, the real estate market across Westchester, Putnam, and Dutchess counties showed continued strength in the second quarter of 2025, according to a new report from Houlihan Lawrence. In Westchester County, luxury homes priced above $2 million remained in high demand, especially in towns with strong transportation access and updated interiors. Many well-priced properties attracted multiple offers, and buyers continued to act quickly, the brokerage said in its new Houlihan Lawrence Q2 2025 Westchester, Putnam, and Dutchess Market Report…

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by Ben Crnic
Real Estate
$1M In State Funding Going To Over 60 New Affordable Apartments In Westchester $1M In State Funding Going To Over 60 New Affordable Apartments In Westchester
$1M In State Funding Going To Over 60 New Affordable Apartments In Westchester More than 60 new affordable apartments will soon be built in Westchester, thanks to $1 million in funding announced by county officials this week.  The money—awarded through New York State’s County Infrastructure Grant Program—will support the second phase of the Mayfair Apartments project in Greenburgh, transforming a former community center into 62 affordable senior rental units, the county announced on Thursday, July 3.  The development is located on the site of the former WestHELP Homeless Shelter on the campus of SUNY Westchester Community College. It is adjacent to the Knoll…

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by Ben Crnic
Real Estate
Inside The Mansion Tax: Why Selling A House In New Jersey Just Got Way More Expensive Inside The Mansion Tax: Why Selling A House In New Jersey Just Got Way More Expensive
Inside The Mansion Tax: Why Selling A House In New Jersey Just Got Way More Expensive New Jersey’s luxury real estate market was thrown into turmoil after lawmakers passed a sweeping mansion tax bill on Monday, June 30, shifting the state’s high-end realty transfer fee from buyers to sellers and adding steep new tiers up to 3.5%. Under the new law, Assembly Bill 5804, sellers of homes over $1 million will absorb what had historically been a 1% buyer-paid fee, with significant increases for higher-value properties. The rates for sellers rises to: 2% over $2 million 2.5% over $2.5 million 3% over $3 million 3.5% over $3.5 million That means a seller of a $4 million home will …

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by Cecilia Levine
Real Estate
$1B State Push Brings New Affordable Housing To Hudson Valley, Albany $1B State Push Brings New Affordable Housing To Hudson Valley, Albany
$1B State Push Brings New Affordable Housing To Hudson Valley, Albany In a sweeping push to tackle New York’s housing crisis, the state is investing $1 billion to create or preserve nearly 3,000 affordable homes across 15 communities. Nearly 500 affordable apartments are set to be created or rehabilitated in the Capital Region and Hudson Valley, Gov. Kathy Hochul’s office announced Thursday, June 26. The funding, allocated through New York State Homes and Community Renewal, will support construction or preservation efforts in Albany, Yonkers, Mount Vernon, and Poughkeepsie, advancing Hochul’s five-year, $25 billion Housing Plan to build or preserve 100,000 a…

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by Michael Mashburn
Real Estate
New Home Sales Sink In May, Supply Hits Three-Year High As Trump Tariffs Strain Market New Home Sales Sink In May, Supply Hits Three-Year High As Trump Tariffs Strain Market
New Home Sales Sink In May, Supply Hits Three-Year High As Trump Tariffs Strain Market New home sales plunged in May while housing supply surged to a three-year high, as rising prices, growing inventory, and the impact of President Donald Trump's tariffs deepened the US housing slowdown. Sales of new single-family homes fell to a seasonally adjusted annual rate of 623,000 in May, the US Census Bureau and Department of Housing and Urban Development said on Wednesday, June 25. That's down 13.7% from April and 6.3% from May 2024. The total also fell far below Wall Street's expectations. The Dow Jones had forecasted 695,000 sales for May, CNBC reported. The actual figur…

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by Chris Spiker