by admin | Dec 1, 2019 | Uncategorized
The Wall Street Journal is reporting that evictions are down significantly since the state enacted the new rent laws. The Housing Stability and Tenant Protection act of 2019 was enacted in June of 2019 and has already seen a tremendous effect in filings. The Wall...
by admin | Dec 1, 2019 | Uncategorized
The National Association of Realtors (NAR) is reporting that existing-home sales increased in October 1.9% however there was a split in results in regions with the Northeast and West reporting drops in sales. Existing-home sales are based on transaction closings...
by admin | Nov 17, 2019 | Uncategorized
A second lawsuit has been filed by a small group of landlords contesting the Constitutionality of the rent reform laws called the Housing Stability and Tenant Protection Act of 2019. The Real Deal is reporting that the landlords filed a complaint led by a group of...
by admin | Nov 7, 2019 | Uncategorized
The Batcave courtesy of The Brooklyn Daily Eagle The City’s Landmarks Preservation Commission (LPC) has designated 5 Gowanus buildings to be considered as individual landmarks. This designation would pave the way in preserving the past industrial history of the...
by admin | Nov 7, 2019 | Uncategorized
Queens multifamily sales up in September 2019 A new report from PropertyShark indicates that the Housing Stability and Tenant Protection Act of 2019 (TPA) has adversely affected Multifamily sales in NYC. Per the report, multifamily sales are down 76% in volume year...
by admin | Oct 29, 2019 | Uncategorized
A recent article on Bisnow has an interesting article where commercial real estate executives addressed the challenges facing the industry as government continues to enact legislation that adversely affects the industry as a whole. The general consensus of the...
