by admin | Feb 10, 2020 | Uncategorized
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...
by admin | Feb 3, 2020 | Uncategorized
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...
by admin | Jan 30, 2020 | Uncategorized
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...
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...
