by admin | Jan 29, 2020 | Uncategorized
Despite recent news that banks such as Signature Bank will “rein in” loans in the mult-family sector, New York Community Bank (NYCB) CEO and President Joseph Ficalora doesn’t seem much change in value in the sector. Many believe that the rent reform...
by admin | Jan 24, 2020 | Uncategorized
The Corcoran Group recently released their Fourth Quarter Market Report for Brooklyn. The report indicates that although there has been more inventory available in the borough, transactions are down 10 year over year for the period. On the neighborhood front, the area...
by admin | Jan 17, 2020 | Uncategorized
A new article from the Commercial Observer is shedding light on the ramifications of the rent reform laws on smaller landlords. The loss of significant equity due to rezoning is making smaller landlords want to leave the market as the changes have wreaked havoc on...
by admin | Jan 16, 2020 | Uncategorized
New York City leads the way in most rent paid in 2019 Zillow is reporting that US renters paid more than $4.5 trillion in rent during the period between 2010-2019 according to a new report. In 2019 alone renters paid $512 billion in rents throughout the country. The...
by admin | Jan 8, 2020 | Uncategorized
The National Association of Realtors (NAR) released their pending home sales report for November. What it shows is that pending home sales rebounded from the decrease in October. Regionally, home sales were divided as our area showed pending home sales down 0.1%....
