
Mary Jacob
Real Estate Reporter at New York Post
Covering all things real estate @nypost Send tips: dm's open
Articles
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6 days ago |
nypost.com | Mary Jacob
In an era where housing costs are outpacing wage growth, finding a city where rent doesn’t devour a paycheck is increasingly rare. Over the past decade, the Federal Reserve’s Consumer Price Index shows rent has surged by more than 50%, tracking closely with skyrocketing home prices. Yet, stagnant wages have left many struggling to keep up, pushing affordable housing out of reach for a growing number of Americans.
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6 days ago |
nypost.com | Mary Jacob
It is hard to find a steal in the Steel City. Pittsburgh has emerged as the epicenter of a striking rental price escalation across the United States, with rents soaring nearly 50% since 2019 — outpacing every other major city tracked by real estate analysts. This dramatic rise, which saw the city’s median rent climb 47.9% over the past six years, contrasts with a broader national trend of declining rental costs that has persisted for 20 months, according to new data released by Realtor.com.
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6 days ago |
nypost.com | Mary Jacob
American retiree Keith Richardson, seeking an escape from the commercialized United States, purchased a 667-square-feet, two-bedroom, two-bathroom home in Nardò, Italy. Stefano Tammaro - stock.adobe.com He wasn’t lovin’ it.
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1 week ago |
nypost.com | Mary Jacob
British real estate developer Christian Candy and his wife, Emily Crompton-Candy, are shaking up their New York portfolio with a move from a historic townhouse to one of Manhattan’s most high-profile skyscrapers. The couple recently acquired a four-bedroom triplex penthouse at 111 W. 57th St. for approximately $45 million, people familiar with the transaction told the Wall Street Journal.
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1 week ago |
nypost.com | Mary Jacob
No jokes here: Bill Cosby’s stately Upper East Side brownstone has quietly been listed for just under $7 million. The four-story residence, on East 61st Street, offers six bedrooms, an elevator and a formal dining room warmed by a fireplace — as well as the weight of a contentious foreclosure dispute, Crain’s reported.
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