Tenants, landlords, lawyers, and others involved in the adjudication of New York State’s commercial and residential evictions have some temporary certainty (if that’s not an oxymoron) after New York State Chief Administrative Judge Lawrence…
With the expiration of Governor Andrew Cuomo’s moratorium on evictions on June 20, New York’s Housing Courts began hearing new eviction cases on Monday, June 22. How this transition will play out in practice remains to be seen. On one hand…
With an eye toward reopening the New York economy safely, the Building Trades Employers’ Association (BTEA), along with the Real Estate Board of New York (REBNY) and the Building and Construction Trades Council (BCTC), released mandatory …
According to a recent report in the New York Times , “hundreds of thousands” of New Yorkers left the city as the coronavirus pandemic gripped the five boroughs between March and May 2020, fleeing to second homes, vacation cottages, and t…
The COVID-19 pandemic is a once-in-a-century event (at least we hope so!) that has changed the way we work, play and live our lives in general. For residents of co-ops, condos, and HOAs with shared amenities, or where many common areas are …
As mentioned by this outlet and elsewhere, the New York real estate industry—one of the main contributors to the annual financial tax intake of both the city and the state—has been championing tax relief for owners, landlords, and t…
On June 11, the Real Estate Board of New York (REBNY), 32BJ SEIU, and the Realty Advisory Board on Labor Relations, Inc., (RAB) issued comprehensive safety and health guidelines for market-rate residential buildings in NYC, including multif…
The Community Associations Institute (CAI) has compiled a digest of government action resources (including clickable links) to help multifamily communities navigate the process of reopening their amenities and common areas now that the fede…
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…
The Institute of Real Estate Management (IREM) announced in a June 3 press release that the organization’s IREM Foundation has established a COVID-19 Relief Fund to support real estate managers and their local communities affected by the pa…