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What You should be looking for in a good investment property in nYC
Purchasing in investment properties in New York City can be a daunting task.聽 There are many questions that beginners would like to ask.聽 Every neighborhood has their unique characteristics and there are daunting legal issues that abound with New York City...
NYC Comptroller Proposes Legislation For Tenant Bill of Rights
New York City Comptroller Scott M. Stringer has recently proposed support for legislation that would mandate landlords include a clear and concise 鈥淭enant Bill of Rights鈥 in lease packets. That rationale for the legislation would be to assist every tenant with a...
homeowners await change as NYC released Property tax Reform Recommendations
The New York City Advisory Commission on Property Tax Reform released their report recently. The report provided 10 recommendations that would drastically change how property taxes are evaluated throughout the city. The recommendations were designed to lower the tax...
Landmarks Preservation Commission Makes a Positive Decision on the designation of Buildings in Manhattan’s Tin Pan Alley
Tin Pan Alley The Landmarks Preservation Commission (LPC) has designated five buildings in the area known as Tin Pan Alley on 28th Street in Manhattan. The buildings are considered significant and the birthplace of popular music and was named to describe the audible...
December Pending 网曝门 Sales Drops Close to 5% with the South having the biggest drop
The National Association of Realtors (NAR) released their December 2019 pending home sales report. The report indicates that pending home sales dropped 4.9% nationally. The South region saw the most significant drop with their being of dip of 5.5% from a month...
NYC Bank Executive Disputes Loss of value on Multi-Family Buildings Due to Rent Reform; sees No Changes in Lending for Company
Despite recent news that banks such as Signature Bank will "rein in" loans in the mult-family sector, New York Community Bank (NYCB) CEO and President Joseph Ficalora doesn't seem much change in value in the sector. Many believe that the rent reform laws has adversely...
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