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Markets rise and fall, and rise again, and fall again—that’s the natural order of things in our economic system. But what about value ? Are price and value the same thing? In a word, no. After all, there are lots of ways to define value…
This year New York City passed the first landmarks in the long road to compliance with Local Law 97, the Big Apple’s roadmap to carbon neutrality by 2050. Many have questioned the approach and ultimate possibility of success for this progra…
According to the National Housing Conference (NHC), a recent blog post from the Joint Center for Housing Studies of Harvard University indicates a growing number of metro areas where home prices are either declining or showing signs of …
Last month, 15 independent building service providers announced the formation of Manhattan Vendors Group (MVG), a new professional consortium aimed at fostering collaboration among vendors working with property managers, building owners, an…
According to a recent news item from the National Housing Conference (NHC), the Conference is leading a coalition of 28 affordable housing organizations and industry groups currently urging Senate leadership to bring the bipartisan Re…
While co-op and condo living may seem like the most basic example of true democratic government, the reality of how boards are chosen more closely resembles that of ruling party-controlled elections in totalitarian states, with candidates g…
As home prices continue to climb across the United States, housing affordability remains a critical concern for both prospective buyers and policymakers. A new study on behalf of construction industry research firm Construction Covera…
One of the most common—and most daunting—projects undertaken in shared-interest, multifamily communities is facade repair and maintenance. In New York, façade work is almost always connected with Local Law 11 (LL11) compliance, and is a mat…
The National Housing Conference (NHC)’s Paycheck to Paycheck database is a free tool illustrating "the ability – or lack thereof – of working families to purchase or rent a home in metropolitan areas across the country by comparing wage…
With the recent passage of legislation extending key provisions of the Tax Cuts and Jobs Act (TCJA), the debate over who benefits most from the U.S. tax code has once again come into focus. Originally passed in 2017, the TCJA lowered indivi…