Marshals recently carried out the first legal residential eviction in New York City since the start of the pandemi
The thought process is, if you’ve got large capital gains, do you consider your options and recognize capital gains now, […]
New York landlords will be required to speed up potentially dangerous repairs to their properties under a new law just […]
A federal relief package benefiting New York may not happen until February
With tighter restrictions it’s more important than ever to shop around for a mortgage.
Renters returned to Manhattan and Brooklyn in October—in a big way. Months of falling rents and rising concessions—spurred by a […]
REBNY report shows missing money has hit 10 figures
Average insurance costs for the Bronx to be $720 per unit a year
Brooklyn saw a decline in both prices and inventory. The median rent fell 3% to $2,615 from $2,700 the month […]
I suspect my property manager is corrupt. How can I find out if they’re taking kickbacks, and what should our […]
The extension comes as a pause on Civil Court deadlines was about to run out — which would have opened […]
Property taxes account for more than 40 percent of the city’s tax revenues, with real estate taxes accounting for more […]
If signed into law, would force property owners to fix their building within the court-imposed time limit, or risk losing […]
It states how a building can be used—and covers both the type of use the building is zoned for
More than 57,000 New Yorkers who didn’t meet the program’s requirements did not receive aid from the agency
NYCB execs say apartment vacancy rate is low; share price down 31 percent this year
If it’s an investment property, rather than your primary residence, you can be taxed on your capital gains—i.e.,
Four New York City developers have been fined over half-a-million dollars after trying to skirt rent regulations.
CDC rules say such tenants can’t be physically removed from their homes before the end of the year.
After the pandemic dramatically slowed commercial real estate deals across the U.S., the summer saw an uncharacteristically high uptick — […]
The pandemic and subsequent shutdowns have dealt a serious blow to New York City landlords, sending vacancy rates soaring and […]
The National Multifamily Housing Council’s monthly payment tracker, which collects data on collections in 11.4 million market-rate units, found that […]
If you are new to being a landlord it’s worth going to extra lengths to find a financially qualified tenant.
Without help from the government, more than 15 percent percent of landlords say they do not think they’ll be able […]
Public Advocate Jumaane Williams introduced new legislation mandating a new landlord “watchlist
Sales in NYC are plummeting, and so is the tax revenue that’s generated with every transaction.
It’s been 16 months since the new rent laws were passed. What has the impact been on NYC rent-stabilized and […]
Rents across the city continued their downward slide in September, and hundreds of frustrated landlords are feeling the crunch & […]
In a memo released Oct. 9, Administrative Judge Lawrence Marks said that residential evictions — including those for non-payment of […]
Millions of renters believe they will be evicted from their homes in the next two months due to eviction, according […]
New Yorkers who left at the peak of the pandemic are starting to come back, lured by a range of […]
The first stimulus package, the $2.2 trillion CARES Act, passed with bipartisan support in March and helped stave off a […]
“It doesn’t stop evictions. It doesn’t stop cases from moving forward. It doesn’t stop landlords from filing cases…
For residential rental properties, the depreciation period is 27.5 years and for non-residential it is 39 years, according to the […]
It applies to restaurants, bars, gyms, theaters, retailers subject to in-person restrictions, barbershops, hair salons, tattoo & piercing parlors.
The law prohibited courts from issuing eviction warrants for unpaid rent that was due from the beginning of the crisis […]
Landlords explain why even affordable units are empty
Donors have added $3 million to a landlord-backed initiative begun in May to help some of the neediest New Yorkers […]
To the dismay of landlords, tenants now have a seat at the table in the legal challenges to New York’s […]
Before the pandemic emptied the city, few lenders benefited from the heady local real estate market…
New York’s residential markets to a crisis: a decline in rents, largely in affordable multi-families with work-force tenants…
New York’s moratorium on commercial foreclosures and evictions will be in place until at least Oct. 20, Cuomo announced on […]
Many renters don’t even know CDC eviction protection is an option for them.
Fed signaled that short-term interest rate will remain at 0 to 0.25 percent, and projections are, rates will remain near […]
Almost 11 million households were behind on rent or mortgage payments during the first three months of the pandemic.
Princeton University’s Eviction Lab finds drop in 16 cities
The rates for a 30-year fixed-rate mortgage dropped 7 percentage points for the week ending September 10, reaching 2.86 percent.
Construction continues around the City Point complex in Downtown Brooklyn, one of the most active neighborhoods for new condo sales […]
As the rate of new COVID-19 cases has slowed in New York City, relief from the city’s high rents has […]
Some multifamily owners have pegged occupancy rates at 90%, but a key index that tracks publicly traded landlords has fallen […]
Cuomo, de Blasio both announce that they postponed sale…
As COVID-19 transforms New York City, public health orders at the city, state, and federal levels have been put in […]
Eviction crisis has seemed increasingly likely this summer…
New York’s rental housing providers have rounded on the Trump Administration after it introduced a new moratorium on…
Washington’s new eviction ban shocked landlords and tenants when it came not from the agencies that oversee housing…
No-fee listings made up 75 to 85 percent of all listings in Manhattan and Brooklyn in August, the New York…