Blog|Real Estate

Oheka Castle Sells at Auction for $72 Million: A New Chapter for Long Island’s Historic Landmark

A $72 Million Sale Makes Headlines Oheka Castle, the legendary French château-style estate in Huntington, Long Island, attracted national attention after receiving a winning auction bid of $72 million on October 27, 2026. The historic property, widely recognized as the second-largest private residence ever constructed in the United States, was offered through a bankruptcy auction after years of...

Where Wealthy New Yorkers Are Buying Luxury Second Homes Around the World in 2026

From London's historic townhouses to Lake Como's waterfront villas, discover the international destinations attracting New York City's wealthiest property buyers. By Stephen P. Wald Real Estate Associates, Inc. | October 2026 New York City has long been home to some of the world's wealthiest individuals. From Manhattan penthouses overlooking Central Park to historic Upper East Side townhouses, the...

Manhattan’s Office Market Is Making a Comeback: What the $245 Million Sale of 600 Third Avenue Reveals

A Major Office Transaction Signals Renewed Confidence For several years, Manhattan's office market has faced questions about its long-term future. Remote work, rising interest rates, changing corporate space requirements, and declining property valuations created uncertainty throughout the commercial real estate industry. Some investors reduced their exposure to office properties, while others...

Every Oscar-Winning Film That’s Really About Real Estate

When most people think of Oscar-winning films, they think of performances, cinematography, and storytelling. But beneath many of these award-winning narratives lies something far more fundamental: real estate.Ownership. Land. Control. Scarcity. Legacy. From Manhattan penthouses to hidden basements, these films reveal a truth every serious investor understands: Who controls property… controls...

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