Tensions remain high as NY real estate legislation looms

Tensions remain high as NY real estate legislation looms

The New York real estate market is reeling today over a package of impending market reforms. Per the New York Times, the reforms, which strive to change numerous existing rent control and tenant protection laws, would impact upwards of one million rental apartments in...
The Continued Damage of Redlining in NY Real Estate

The Continued Damage of Redlining in NY Real Estate

In 1933 Roosevelt’s New Deal created housing programs designed to remedy a housing shortage. These programs created exclusively white suburban communities, excluding people of color and pushing them to urban housing projects. This segregation was worsened in...
Property Tax Exemptions for Veterans in NY

Property Tax Exemptions for Veterans in NY

To recognize the sacrifices of military veterans and their families, certain government agencies offer various benefits to these individuals. New York State offers veterans various property tax exemptions. Here is a quick overview of these specific benefits. Eligible...
What’s Next for the NY Residential Market?

What’s Next for the NY Residential Market?

The headlines have been everywhere: “New York City real estate is experiencing a downturn.” That may be so, but buyers have the advantage in 2019 to purchase a new home because inventory is up, and they have the bargaining power. NYC is already saturated...
Addressing Misconceptions within NY Real Estate

Addressing Misconceptions within NY Real Estate

As a highly active and iconic market, New York is one of the strongest and busiest real estate locations in the country; this is no secret, given its many alluring characteristics to tenants and property owners alike. Still, however, the market’s reputation has not...
What is Causing the Shelter Problem in NYC?

What is Causing the Shelter Problem in NYC?

With a national housing shortage causing both home and rental prices to shoot through the roof, it should be no surprise that homelessness is also on the rise. In many cases, even people who are employed full-time can’t afford rent, or find housing in the same...