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%....
by admin | Dec 15, 2019 | Uncategorized
PropertyShark is continuing to analyze the multifamily sector in New York City and what they have seen is that multifamily sales volume is significantly down in what they deem an ongoing slowdown. The report analyzed sales in Manhattan, Brooklyn, the Bronx and Queens...
by admin | Dec 2, 2019 | Uncategorized
DUMBO Brooklyn courtesy StreetEasy StreetEasy has published their October 2019 Market Reports recently. It shows that Rents have hit an all-time highs in Manhattan and Queens and Queens. Brooklyn has seen rents rise in its fastest pace since 2015. Furthermore the...
by admin | Dec 2, 2019 | Uncategorized
The National Association of Realtors (NAR) released their report on pending home sales for October 2019. What is shows is that pending home sales nationwide is down 1.7% with only the Northeast region showing an increase in sales. A sale is listed as pending when the...
