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REBNY reports record lows in Broker Confidence as Coronavirus shuts Down NYC
The Real Estate Board of New York (REBNY) released their Broker Confidence report for the 1st quarter of 2020. What it shows is that due to the pandemic caused by the Coronavirus (COVID-19), broker confidence in New York City is in a sharp decline due to recent...
What You should be looking for in a good investment property in nYC
Purchasing in investment properties in New York City can be a daunting task. There are many questions that beginners would like to ask. Every neighborhood has their unique characteristics and there are daunting legal issues that abound with New York City...
NYC Comptroller Proposes Legislation For Tenant Bill of Rights
New York City Comptroller Scott M. Stringer has recently proposed support for legislation that would mandate landlords include a clear and concise “Tenant Bill of Rights” in lease packets. That rationale for the legislation would be to assist every tenant with a...
homeowners await change as NYC released Property tax Reform Recommendations
The New York City Advisory Commission on Property Tax Reform released their report recently. The report provided 10 recommendations that would drastically change how property taxes are evaluated throughout the city. The recommendations were designed to lower the tax...
Landmarks Preservation Commission Makes a Positive Decision on the designation of Buildings in Manhattan’s Tin Pan Alley
Tin Pan Alley The Landmarks Preservation Commission (LPC) has designated five buildings in the area known as Tin Pan Alley on 28th Street in Manhattan. The buildings are considered significant and the birthplace of popular music and was named to describe the audible...
December Pending Home Sales Drops Close to 5% with the South having the biggest drop
The National Association of Realtors (NAR) released their December 2019 pending home sales report. The report indicates that pending home sales dropped 4.9% nationally. The South region saw the most significant drop with their being of dip of 5.5% from a month...
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