Category Archives: Uncategorized

NYC LL97 (Local Law 97): Clarification On Implementation and Enforcement

Excellent tutorial from Adler & Stachenfeld (https://adstach.com/) Partner YuhTyng Patka (https://adstach.com/attorneys/yuhtyngpatka) about the additional draft rules issued by the NYC Department of Buildings (DOB) concerning how Local Law 97 will be implemented and enforced. It is provided below in its entirety, with contact information for YuhTyng Patka at the end. _______________________________________________________________ Last week the NYC […]

The Hallmark Abstract Service Title Bill App

This completely free-to-use technology allows the user to input the purchase parameters for a residential deal, in any New York State town or city, and for any purchase price and mortgage amount. The output will be the title bill for the transaction including title insurance premiums, recording fees and any applicable mortgage or mansion tax. […]

2022 National Association of REALTORS® Survey of Homebuyers!

2022 National Association of REALTORS® Survey of Homebuyers! For homebuyers, much of 2022 was a frustrating time of limited inventory and sky-high prices, where the sellers controlled much of the narrative. The scenario changed later in the year, and although a lack of inventory still prevailed, pricing power moved more to the buyer as an almost doubling […]

Recession? History Says…

Recession: Are past results useful indicators of future performance? Consider A Recessions Length When Compared to the ‘Real Rates’ of Bonds on the Day the Treasury Yield Curve Inverts… The current scenario does not bode well for the U.S. economy! (Note: – An inverted yield curve exists when longer-term interest rates are lower than near-term […]

Election Day, November 8, 2022! What’s Your Plan?

Election Day November 8, 2022…A Hallmark Abstract Service Poll The question asked is whether you plan on casting your vote in the midterm elections on or before November 8th? Voting is considered a right and responsibility, as it provides the opportunity to vote for leaders who we feel will best represent our ideas and interests. […]

How Is Inflation Impacting Your Life?

Are Rising Prices Forcing Tough Decisions? You don’t need this email to tell you that rising prices in all aspects of the economy creates great difficulties for many consumers! We hear horror stories all of the time about decisions needing to be made about what to buy and what can be done without. At the […]

Recession Yes, No or Maybe? Survey Says…

The people have spoken In A Hallmark Abstract Service Economic Poll That Asked… Are we in recession, heading towards recession or will avoid recession? President Biden said: There is the potential for a slight recession, but he doesn’t think there will be one. And, remember this old saying? Recession: When your neighbor loses their job!Depression: […]

Suffolk County, NY Victim of a Cybersecurity Shut Down!

Suffolk County Is Down! 12 days! Computer access at Suffolk County, New York has been down for 12 days. But is Suffolk County merely the tip of the cyber intrusion iceberg? This may come as a surprise to some, but for those living or with an interest in Suffolk County, and who are in urgent […]