New York City Mayor Zohran Mamdani celebrated a proposal to tax luxury second homes owned by the ultra-wealthy, a plan expected to generate at least $500 million annually. Earlier in the day, New York ...

New York City may add a tax on luxury second homes over $5 million. Here’s how the proposal works, who it affects, and what wealthy homeowners might do next.

While financial markets react to global instability, high-net-worth buyers have turned to real estate. In cities like Aspen, New York and Miami, luxury properties are moving quickly at eight-figure ...

Whether you grew up watching “Lifestyles of the Rich and Famous” or “MTV Cribs,” you were probably enraptured by the homes of the truly wealthy. Today, you may own your own home — and while you wouldn ...

Pending sales drop 9.9% in April, lowest for the month since 2014 despite 6.5% price gain Luxury homebuyers are pulling back sharply, even as prices continue to rise. According to new data from Redfin ...

The tide is out for Manhattan’s luxury housing market. There were only nine contracts signed for homes asking $4 million or more in Manhattan last week, according to the weekly Olshan Realty report ...

Even well-funded buyers are struggling to find luxury homes as more high-end properties sell off-market. Here’s what’s driving the shift and how buyers gain access. If you’re shopping for a luxury ...