Property Management News

It seems like all the talk these days is centered around the inevitable recession. I see an article every day claiming that the end is near. Recently, the yield curve inverted, which many point to as a strong indicator of an oncoming recession. But, there are also many experts who claim the economy is strong. They cite strong growth, spending, development and other indicators to support their theory. No matter which way you lean, it is inevitable that there will be a market correction/recession at some point. It’s impossible to say for sure when or how bad it will be. As a real estate investor, you want to be prepared for when it does happen. If you think back to the last crash in...Read more >

The explosion in March 2015 shattered an East Village block, engulfing two buildings in flames that quickly spread. Smoke billowed above the skyline. Video footage at the scene captured a man, his face bloodied, as he collapsed onto the sidewalk. After the fire was over, the devastation was clear: Two young men, a busboy at a sushi restaurant and a man eating there on a date, were killed. Thirteen people were injured. Half the block had been leveled, and the city was left with new fears about the vulnerability of its crucial infrastructure. On Monday, a Manhattan jury is set to begin hearing testimony against the buildings’ landlord and two other people who prosecutors said caused...Read more >