In June of 2019 New York State Legislature passed some of the most historic rent regulations within the Housing Stability and Tenant Protection Act of 2019. Since that time landlords and real estate developers have been weighing out the different effects that could be...
The New York Real in 2020 will remain fairly flat, with a few highlights. Though the New York City area will continue to grow, prices are forecast to increase only 2.6% through February, a much lower number than in previous years. This puts New York City in the bottom...
Overview New York City is one of a handful of cities in the United States that issues a property tax (separate from those payable to the state) on its property owners. These taxes fund a number of critical services, including police, fire, sanitation, education,...
The real estate market in Queens is a fluctuating one; it is defined by characteristically high housing prices — both when purchasing and when renting. A close evaluation of the past year reveals characteristic trends when it comes to housing prices, demand for...
Last year saw a definite downgrade in real estate sales throughout Manhattan. Though the land itself has a value of approximately $1.4 trillion, its residences haven’t fared so well. Real estate development has slowed down considerably over the course of the...
