Category: Real Estate News

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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How Renters Can Win in the Competitive New York City Rental Market

Highlights: – Understand Credit and Income Requirements – Prepare for Background Checks – Strengthen Your Application – Utilize Guarantors and Online Services – Manage Security Deposits –...

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