The 52-story hotel at 57 East 57th Street had been shuttered during the pandemic, with the property temporarily repurposed to house first responders, only to later have its staff furloughed. However, the reason for its extended closure remains undisclosed, though reports suggest ongoing disputes between Warner and the Four Seasons Hotels and Resorts Management company, which manages the properties.
Category: luxury
Compass rolls out second-home-focused network for agents
Compass Resort aims to provide referrals, collaboration and other resources to agents who work with clients focused on vacation properties and secondary homes.
World Series of Luxury: Final 4 Dodger, Yankee luxury homes left
As the Yankees live to see Game 5 of the World Series, the players’ luxe homes in Hawaii, Rancho Cucamonga, Manhattan and Malibu battle for a place in Inman’s luxury finals.
Broker Spotlight: Michael Cannuscio, The Agency
This veteran real estate broker with a background in law and luxury is growing The Agency’s brand in Massachusetts.
A 25-acre ‘tree house’ haven with an airplane guest room hits market
The unique getaway completed in 2010 by late craftsman and entrepreneur Reggie Whibley is on the market for $1.75 million. The hunt is on for a buyer who doesn’t care about cell or internet service.
SERHANT. expands into Hudson Valley, adds new teams
The firm has brought on four new high-earning teams in New York, New Jersey and South Carolina in recent weeks as it continues to expand along the East Coast.
Florida broker sues ex over snubbed $1M+ commission
While repping their former marital home, Alyssa Morgan presented her ex, John Jansheski, with a $70 million offer, which he declined. Several months later, he accepted a $57 million offer from the same buyer after he had assigned a new listing agent.
Elliman’s Stephen Kotler says the election is only a ‘little ripple’
The brokerage exec shared details about his day-to-day at Elliman, thoughts on current industry challenges and how, despite popular opinion, an election year typically has very little impact on the market.
All eyes are focused on Clear Cooperation: The Download
It seems everyone’s talking about Clear Cooperation these days. Is the policy a power grab from NAR and the MLSs or a sincere effort to level the playing field for buyers?
9 proven ways to keep retention rates high when business is slow
Chris Pollinger shares powerful strategies to retain and motivate your real estate agents, even as listings hit all-time lows. Learn how to keep your team engaged and thriving during tough market conditions.