Property Management News
Three historic retail-and-apartment buildings on Stone Street in the Financial District have traded for $16 million, according to commercial brokers at Douglas Elliman. Goldman Properties put the assemblage on the market for $20 million in November 2020, when the pandemic was still in full swing and Manhattan retail was at a low ebb. Now they have sold below their asking price to separate buyers. One, at 52 Stone Street, is a four-story, 8,000-square-foot building with Stone Street Tavern on the ground floor and three free-market apartments above. Ronan Downs, the owner of Stone Street Tavern and other Stone Street businesses like The Dubliner and Beckett’s Bar and Grill,... Read more
Housing insecurity and lack of protection from evictions have become even more pressing due to the COVID-19 pandemic. According to a March 2021 report from the Consumer...
As rents skyrocket in Florida, landlords still enjoy unbridled power to raise rents as much as they want, a situation that has driven renters out of their homes and...
Rents hit their highest point in two years recently. Now, according to a new report, rents have climbed so high that buying a starter home is more affordable than...
While the pandemic has certainly had some investors pulling back over the last 18 months, a new report shows the decline’s been happening for some time. In fact,...
Run by the nonprofit Resolutions Northwest, it’s one of several programs providing assistance to renters facing eviction. It’s a tough time for renters who’ve been financially pummeled by the COVID-19 pandemic. After a year of moratoriums protecting tenants from losing their housing due to inability to pay rent, people started being evicted from their homes in Oregon this summer. Oregon’s statewide eviction moratorium expired on June 30, and an attempt by Pres. Biden to extend a federal moratorium was shot down by the U.S. Supreme Court in August. There are still local protections for Oregon renters, though. Shortly after the statewide moratorium ended, Multnomah County voted to... Read more
WALNUT CREEK (CBS SF) — After more than year of being in place, California’s eviction moratorium comes to an end this week, allowing landlords to start removing...
On Nov. 2, St. Paul voters will determine whether to enact a new “rent stabilization” mandate that caps annual rent increases at 3 percent. Here are the...
Americans’ home-buying power remains strong, even as home prices hit all-time highs across most of the country. The numbers: Home prices in virtually every major...
The recent flash flooding resulting from Hurricane Ida and other torrential summer storms around the nation has come as something of a wake-up call for homeowners and...
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