September 18, 2020

Bracing for an ‘eviction tsunami’ after state and federal protections end

What happens when local and federal eviction bans lapse?

Many renters don’t even know CDC eviction protection is an option for them.

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September 18, 2020

What low interest rates through 2023 means for real estate

Fed plans to keep interest rates low for the next few years, and will continue buying mortgage-backed securities

Fed signaled that short-term interest rate will remain at 0 to 0.25 percent, and projections are, rates will remain near […]

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September 18, 2020

Landlords lost about $9B in rental payments last quarter

Missed mortgage payments during the period totaled about $16B

Almost 11 million households were behind on rent or mortgage payments during the first three months of the pandemic.

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September 18, 2020

Eviction filings fall after Trump moratorium:

Data from Princeton University’s Eviction Lab shows that filings dropped in 16 cities during the second week of the month

Princeton University’s Eviction Lab finds drop in 16 cities

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September 13, 2020

Mortgage rates notch new low

The average rate for a 30-year fixed-rate mortgage dropped .07 percentage points for the week ending Sept. 10

The rates for a 30-year fixed-rate mortgage dropped 7 percentage points for the week ending September 10, reaching 2.86 percent.

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September 11, 2020

In New Development, Buyers Favor the Boroughs

Yes, some buyers are leaving Manhattan. But others are doubling down on Brooklyn.

Construction continues around the City Point complex in Downtown Brooklyn, one of the most active neighborhoods for new condo sales […]

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September 10, 2020

Neighborhood Hit Hardest Burdened COVID-19

The pandemic hit hardest in areas already bearing the brunt of the city’s affordability crisis.

As the rate of new COVID-19 cases has slowed in New York City, relief from the city’s high rents has […]

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September 09, 2020

Wall Street calls BS on apartment landlords

Many apartment landlords across the U.S. maintain that tenants are paying rent...

Some multifamily owners have pegged occupancy rates at 90%, but a key index that tracks publicly traded landlords has fallen […]

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September 05, 2020

Last-minute reprieve stops city’s tax lien sale

Friday for at least three weeks — and both state and city officials are taking credit for giving homeowners and landlords a break.

Cuomo, de Blasio both announce that they postponed sale…

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September 04, 2020

COVID-19 Protections for Renters and Owners in NYC and NJ

Here’s a running list of COVID-19 protections for renters and owners in NYC and NJ

As COVID-19 transforms New York City, public health orders at the city, state, and federal levels have been put in […]

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September 04, 2020

Why an Eviction Ban Alone Won’t Prevent a Housing Crisis

Renters receive more relief, but there’s a looming problem for landlords, especially those who own just a few properties.

Eviction crisis has seemed increasingly likely this summer…

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September 04, 2020

Trump eviction moratorium closing emergency doors

In the order, the CDC says COVID-19 “presents a historic threat to public health”

New York’s rental housing providers have rounded on the Trump Administration after it introduced a new moratorium on…

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September 04, 2020

New York landlords and tenants blast CDC eviction ban

Washington allows for some evictions and could also call state and local legislation into question

Washington’s new eviction ban shocked landlords and tenants when it came not from the agencies that oversee housing…

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September 04, 2020

No-fee rentals surge in Manhattan and Brooklyn

No-fee listings in Manhattan and Brooklyn are increasing, as the city sees an exodus of residents

No-fee listings made up 75 to 85 percent of all listings in Manhattan and Brooklyn in August, the New York…

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