The Hallmark Abstract Service Newsletter Is Out!

In this edition of the Hallmark Abstract Service Newsletter… 1) There’s more to being a title insurance provider than providing title insurance… 2) Did you know that 20+ military veterans die by suicide, every single day? 3) What are residential real estate closing costs going to be? Our on-demand title bill app will help you […]

A NYC Hotel ➡️ Affordable Housing Plan…

With many moving parts and a shortage of details, can this NYC hotel conversion to affordable housing plan be done successfully? NYC Hotel ➡️ Affordable Housing… In NYC can defunct hotels be successfully converted to affordable housing units? As with most promises driven by political campaigning, the devil is in the as-yet to be released details that […]

Building in NYC? Zoning Lot Exhibits I and III likely need to be recorded first!

Building in New York City? Did you know that… In NYC if you’re constructing a home or some other building, or enlarging an existing one, Zoning Exhibits I and III need to be prepared, recorded and a CRFN (City Register File Number) number obtained first. The owner, architect or some other entity in charge of […]

NYC residents have been voting with their feet and moving away!

In NYC, people Are Voting With Their Feet! Relocations in the 4th quarter of 2021 were near the pandemic peak according to research being done by Redfin users! In Q4 2021 31.2%, and in Q1 2021 31.5% of Redfin users were looking into to moving elsewhere. WHY Is New York City on the net outflow […]

Hot Off The Press! The Hallmark Abstract Service Newsletter…

Hot Off The Press! The Hallmark Abstract Service Newsletter… In this issue you’ll find a fantastic branding/promotion podcast opportunity for your business, information about a 501(c)(3) that saves lives and, real estate technology for calculating closing costs. In more detail… 1) Be our guest on the Do You Ever Wonder? podcast! A great way to expand your footprint, tell […]

For builders, inflation continues to be a MAJOR issue!

Residential Construction Costs Continue To Soar! Courtesy of Wolf Street (a great blog to subscribe to!)… ‘…Construction costs of single-family houses spiked by 17.5% year-over-year in December, according to separate data from the Census Bureau today. This was the worst spike in the data going back to 1970. Compared to two years ago, construction costs […]

Covid-19: Where Are People Moving To?

Moving Trends, Covid-style… Some interesting statistics, courtesy of United Van Lines. Not much of a surprise, but density has seemed to play a major role… The Top Inbound States Vermont South Dakota South Carolina West Virginia Florida Alabama Tennessee Oregon Idaho Rhode Island The Top Outbound States New Jersey Illinois New York Connecticut California Michigan […]

Companies seek new office buildings, shun ‘aging’ ones!

Companies seek new office buildings, shun ‘aging’ ones! This has led to an uptick in the default rate for CMBS backed by ‘buildings with large vacancies and insufficient cash flow to pay back their debt’! The default rate in December hit 2.53%, up from 1.81% in November. Compounding the problem is the fact that companies […]

Tips for Apartment Rental Negotiations!

Tips for Renting an Apartment… For those willing to pull the apartment rental trigger at the beginning of the Covid pandemic, when it looked like New York City was finished and landlords were desperate, great deals were possible although at most they would last two years. Now it’s not that easy, and an article in […]

Brooklyn Chamber of Commerce CEO Randy Peers Knows Brooklyn…’Not Just a Borough, An Experience’

  Welcome to Brooklyn! “Not Just a Borough, An Experience”! The Borough covers 72 square miles and, if it was an independent city, Brooklyn would be the fourth largest in the United States by population! The population is extremely diverse and spans about 77 unique neighborhoods. This episode of Do You Ever Wonder features a […]