On July 31, 2019 Hallmark Abstract Service published the article, ‘Are there any winners in the NYC multifamily marketplace?‘, providing some background into the parameters of the new law and potential impact that the Housing Stability and Tenant Protection Act of 2019 could have. This impact would be on a variety of stakeholders including multifamily building owners […]
In the NYC real estate market the developers of apartment buildings, current multifamily building owners, residential tenants and prospective tenants face an uncertain future due to the Housing Act of 2019, signed June 14, 2019! Today I had the opportunity to attend a real estate panel discussion organized and presented by AmTrust Title as part […]
For anyone about to hunt for their first NYC apartment rental or for an apartment renting veteran, some advice from an article at Thrillist.com on common mistakes to avoid! Thrillist.com columnist Melanie Lieberman ‘spoke to a number of New York City real estate pros — licensed agents and other authorities on the city’s rental market […]
Yet Another Financial Hurdle In The Process Of Renting An Apartment In NYC! Congratulations! You found an apartment with a monthly rent you can afford and only had to make a few sacrifices to get there. It’s not exactly in the right neighborhood, needs a little work, doesn’t offer all of the amenities on your wish list and […]
For a prospective renter of an apartment in NYC, knowing the quality of the landlord is one more metric to consider when making a decision about where to live! But the question is, how do they do that? Here’s some help! NYC Government Oversight The Department of Housing Preservation & Development (HPB) will, among other mandates, ‘respond […]
Negatively of course if you are an apartment owner or developer and positively if you are a prospective tenant! Economics 101: More supply in the face of steady or even declining demand, regardless of the product, will lead to lower prices! Of course in the category of luxury Manhattan rental apartments, there are other variables […]
