Douglas Elliman
Coverage of Douglas Elliman in the Nexus archive.
- No, Miami isn’t more expensive than New York. But it may be less ‘affordable’
The Bureau of Economic Analysis (BEA) data indicates Miami's cost of living surpassed New York City's for the first time, but Manhattan's median real estate prices remain significantly higher. Affordability in Miami has declined due to rising costs for housing, transportation, insurance, and education, outpacing wage growth. New York City added more jobs than Miami in recent years, maintaining its economic edge despite slower percentage growth.
- Tony winner cut real estate firm out of broker fee in $6M historic NYC building sale to Al Sharpton: suit
A Tony Award-winning choreographer is accused of bypassing his exclusive real estate agreement with Douglas Elliman to sell two Harlem properties worth $6 million to Al Sharpton, allegedly excluding the firm from a broker fee. The lawsuit alleges the choreographer negotiated the sale directly with Sharpton, circumventing the agreed-upon real estate partnership.