Compared to previous generations, Millennials (those born between 1981 and 1996, give or take) have a conspicuously low rate of homeownership. While the ranks of millennial homeowners have expanded slightly over time, the numbers still fall…
According to a new Harris Poll, nearly one third of Americans are considering moving to a less densely populated area due to the coronavirus. They’re prioritizing larger apartments with enough room for home offices and access to private out…
According to two market reports released by the Real Estate Board of New York (REBNY), NYC is facing some formidable challenges as the city finds its way out of the economic weeds it was thrown into by the coronavirus pandemic. REBNY’…
Bloomberg Quint is one among an array of outlets reporting on the adjustments and adaptations real estate agents are using to conduct residential transactions in the midst of the ongoing pandemic. With in-person apartment showings off-lim…
According to a June 8 press release, the 42-building West Village Houses complex in Manhattan has completed its conversion from a Housing Development Fund Corporation (HDFC) to a free-market cooperative. The release notes that this is the f…
As New York continues its efforts to re-open its economy safely amid the continuing (and in many states, intensifying) COVID-19 crisis, there is concern about what the residential housing market - which had experienced a decline even before…
There was a time some hundred years ago that Great Neck -- not the Hamptons -- was the weekend and summer playground of the rich. A short drive away from Manhattan (there was no bumper-to-bumper traffic then) brought city dwellers to ‘the c…
According to a June 8 press release from Manhattan-based law firm Nixon Peabody, the firm represented West Village Houses on its conversion from a Housing Development Fund Corporation (HDFC) to a free-market cooperative. The release notes t…
According to a June 8 press release from The Real Estate Board of New York (REBNY), tax revenue generated from investment and residential sales in New York City and New York State decreased by 76% from May 2019 to May 2020, and 40% from A…
32BJ SEIU, the Service Employees International Union, is the largest property service workers union in the country, comprising over 175,000 members in 11 states and the District of Columbia. Members include residential doormen, porters, sup…