After many years of expansion and growth nationwide, most co-op and condominium markets saw both turbulence and some overall decline in 2018. The market has turned from one favoring sellers to one more hospitable to buyers. Markets like sta…
Housing Development Fund Corporation (HDFC) co-ops are an important and unique segment of the New York housing market that many fellow co-op shareholders are unaware of. Those who do know of the program are often familiar with it only from …
It's tax season, and homeowners in some states are apparently getting hit harder than others due to President Trump’s revised tax legislation. During a press conference in early February, New York Gov. Andrew Cuomo argued that t…
It's been now over a month since Amazon's surprise decision to nix plans for its HQ2 in Long Island City , Queens. Following vehement opposition from local activists and several politicians, fallout from the split still lingers -- especi…
If you've followed New York real estate news in the last few days, you have certainly heard about Hudson Yards , the much-hyped, largest private development on Manhattan's West Side that boasts 18 million square feet of commercial and re…
All streaks eventually come to an end, and New York City's luxury residential sales are no exception. According to Olshan Realty's latest luxury market survey for the week of March 4-10, about 15 properties worth $4 million or more signed …
As more and more of our daily lives become more intertwined with online entertainment and services, internet access has become a home utility along with electricity and running water. Boards can take for granted that every resident in their…
Unless it wants to face the wrath of the law (i.e., a fine of up to several hundred dollars), every residential building in New York City must recycle . While the bar for doing the bare minimum is quite easy to clear, dedication to and…
Unlike the residential markets in Manhattan and Brooklyn, co-op and condo sales in Queens have shown some resilience in 2018 -- but signs of trouble may be beginning to materialize. According to Douglas Elliman’s recent fourth quarter …
Updated 2/19/19 New York Gov. Andrew Cuomo wasn't the only person disappointed about Amazon pulling out of the controversial deal to bring its second headquarters to Long Island City. The online retailing giant’s surprising reversal…