With mortgage rates still up about 80% since 2022, the typical U.S. homeowner pays nearly $700 more each month—and, in some markets, an additional $1,000 or more . The 2025 edition of Construction Coverage’s U.S. Cities Most Impacted b…

Compliance with Local Law 97 and its many requirements can be tricky—and failing to do so can be very expensive, thanks to hefty fines. Fortunately, the NYC Accelerator program is available to help. Initially launched in 2012 as the Clean…

New tariffs on building materials are already hitting the housing market hard: according to the NAHB, construction of single-family homes dropped 12% year-over-year in April, and builders now estimate tariffs have added $9,200 to the cost o…

According to a recent press release,  Freddie Mac (OTCQB: FMCC) has released the results of its Primary Mortgage Market Survey ® (PMMS ® ), showing the 30-year fixed-rate mortgage (FRM) averaged 6.81%. “Mortgage rates moved lowe…

New Yorkers are not big fans of sidewalk sheds—the hulking, sunlight-and-storefront-blocking, trash-accumulating, rat-sheltering metal-and-plywood structures that protect passers-by from falling debris during facade repair and restoration w…

New York City is one of the most complex and competitive real estate markets in the world. From towering Manhattan co-ops to charming Brooklyn brownstones, managing property here is both an art and a science. Behind every well-maintained lo…

Q. If a board chooses not to conduct a criminal background check on either a prospective employee or purchaser, could the board and/or board members be liable if that person commits a crime or other misdeed against the property or residen…

In New York City, certain cooperative apartment buildings can receive substantial revenue by selling unused air rights. While potentially very lucrative, capitalizing on these opportunities requires navigating unique challenges, from antiqu…

In our current environment of steeply rising costs, it’s more important than ever to safeguard your reserves to ensure that your association has sufficient funds available for immediate and future capital projects.  Unfortunately, many ass…

While some graffiti certainly qualifies as art, with many considering it a legitimate form of creative self-expression, its lesser variations—tagging, acid, markers, stickers, and ‘scratchitti’ (etchings carved into surfaces with knives, ra…