by admin | Oct 17, 2019 | Uncategorized
The Real Estate Board of New York (REBNY) released their Investment Sales Report for the first half of 2019. The report indicates that there were 1,750 total transactions for the period with a monetary value of $22.4 billion. The total number of transaction were down...
by admin | Sep 30, 2019 | Uncategorized
The National Association of Realtors (NAR) is reporting that pending home sales rebounded in August by 1.6% after a sluggish July. The Pending Home Sales Index (PHSI), which NAR says is a forward-looking indicator based on contract signings, increased to 107.3 in...
by admin | Sep 30, 2019 | Uncategorized
The New York City Council just recently passed a bill 39-5 that will increase fines to as much as $50,000 and broadens the terms of what is deemed harassment. The bill sponsored by Bronx Democrat Vanessa Gibson was also endorsed by the Real Estate Board of New York...
by admin | Sep 24, 2019 | Uncategorized
A NYC landlord has been ordered to pay a fine of $17,000 in damages to a tenant for making threats that were considered discriminatory. The case, the first of its kind related to housing revolves around a landlord threatening to call Immigration and Customs...
by admin | Sep 19, 2019 | Uncategorized
The U.S. Census Bureau and the U.S. Department of Housing and Urban Development jointly announced that housing starts in August of 2019 has increased 12.3% to a seasonally adjusted rate of 1.364 million. This amount is 6.6% higher than the same time last year and the...
