Category: New York City Real Estate

The New York City Condo Shortage and Why Fewer Homes Are Being Built for Buyers

New York City continues building apartments, but fewer are being developed for buyers. New research projects a 74% decline in entry level condominium construction in Core Manhattan, while the 2019 rent laws, expiring property tax benefits and changing development incentives are reshaping homeownership. What does the New York City condo shortage mean for buyers, sellers and the future of the housing market?

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The Data Center Boom and What New York Stands to Gain or Lose

The data center boom is transforming commercial real estate and attracting billions in investment across the country. As New York pauses certain large developments, questions are growing about job creation, tax revenue, electricity costs, environmental impacts and residential property values. What does New York stand to gain or lose?

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NYC Rent Freeze Lawsuit: Was the Outcome Decided Before the Vote?

New York City’s historic rent freeze is now facing a legal challenge. Beyond the fight over 0% increases, the case raises questions about the Rent Guidelines Board’s independence, how competing financial data was evaluated and whether one citywide policy can reflect the realities of nearly one million rent stabilized apartments.

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