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While the numbers being put up by the residential real estate market in NYC are - and have long been - the envy of other regions across the country (with the possible exception being the Bay Area, where Silicon Valley tech money has morphed…
On September 25, as part of New York City’s Recovery Agenda, Mayor de Blasio announced that the City’s popular Open Restaurants program, which was launched in June and has since enrolled more than 10,300 establishments, will be extended…
While prices for both resales and newly-built condos and co-ops in Manhattan have seen a decline of as much as 30% as a result of the disruptions caused by the COVID-19 pandemic, prices for units in Brooklyn and Queens seem to be holding th…
Several outlets, including NBC News, CBS News, and the New York Post , report that a 24-year-old woman who was struck by a falling lounge chair on January 25 while crossing the street near Union Square in Manhattan is suing several parti…
Since the onset of COVID-19, millions of Amercians have been spending significantly more time at home. According to data from the Census Bureau, the typical American family spends about $2,850 per year - or about 22 percent of total housi…
A famous scene in a 1980s Woody Allen film features two real estate agents trudging toward each other from opposite directions in the desert. Both appear battered, their clothes frayed, their hair and beards unkempt. When they meet, one ask…
The Greenpoint Post reports that the New York City Council passed a bill on September 16 requiring the Department of Buildings (DOB) to study the safety and feasibility of using aerial drones for building facade inspections. Under th…
As we’ve reported in previous articles, special assessments are not the only tool condo associations and HOAs have to finance common area improvements and major repairs when needed; there are also loans available in the marketplace to help …
Now that the official ‘pause’ on construction has been lifted, more and more construction projects stopped by the onset of the pandemic will be starting - or finishing up. Possibly complicating this shift is the fact that there is a new rou…
Originally proposed in 2014 by Senator Brad Holyman, Senate Bill S44A - or the ‘pied-à-terre tax,’ as it has become known - was introduced to the New York Assembly in January 2019, partly - a ccording to the National Law Review - in …