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Walking through a vacant warehouse that has since been demolished to make way for Union Row, Trump cabinet member Ben Carson asked developer Kevin Adams how many of the massive development’s apartments would be affordable. Carson, the U.S. Housing and Urban Development Secretary, was in town that October 2019 day to celebrate Union Row as a shining example of…


Apartment contracts in Manhattan fell by more than half in July, while deals in many New York suburbs more than doubled, showing a continued flight from the city over the summer. The number of signed contracts for co-ops and condos in Manhattan — the best real-time measure of activity — dropped 57% in July compared…


The Regional Plan Association wants tri-state legislators to phase out single family homes most New Yorkers can’t afford and turn them into apartments. The RPA believes re-writing the zoning rules for the four million houses in the area would level the playing field to give more people a roof over their head. “For our region…


There’s an outside chance rising apartment vacancies due to COVID-19 could trigger an end to rent regulation in New York City — but two local lawmakers are looking to pandemic-proof tenant rights. Twin bills were introduced in the State Senate and Assembly on Tuesday that would seek to protect regulated apartments by taking the vacancy rate out of the…


Hundreds of thousands of out-of-work and underemployed tenants, unable to pay past-due rents, are in danger of being thrown to the streets in Florida — not today, not next week, but at some point soon when the state’s governor decides enough is enough. Gov. Ron DeSantis’ latest extension of the state’s eviction moratorium — this time…


So is a Deed of Declaration necessary for all property owners? YES. While the Declaration contains all the details about the property, it also provides the security of ownership to the owner. Before buying or renting a property, especially in terms of land, buildings and apartments, it is crucial to do a background check. Ensure…


Since March, the economic impact of Covid-19 has continued to unfold globally. The rapid pace at which the pandemic has spread and global actions to curtail it are having unprecedented repercussions on the way we live and do business. While I believe the long-term influence and outcomes of these events will have a unique effect…


Last week, the Contra Costa Board of Supervisors voted to extend the current county eviction moratorium to Sept. 30. Many landlords and property owners complain such moratoriums are unfair. While it is certainly a much-debated topic in the Bay Area, California and the country, it can sometimes be difficult to understand the perspective of either…


Small “mom and pop” landlords, often defined as landlords who own or manager fewer than 20 units, reported lower rent collections in 2020, with 25 percent of them borrowing money to cover operating costs, according to a survey by The National Association of Hispanic Real Estate Professionals and UC Berkley’s Terner Center for Housing Innovation….


Multifamily housing is known as a recession-resilient investment. However, during black swan events like the Covid-19 pandemic, landlords across the country are nervous about the potential for an influx of late payments. It’s estimated that 11% of renters across the country fell behind on rent in June 2020. That’s an improvement from April, when the National Multifamily…

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