Construction industry research publisher Construction Coverage just released the 2024 edition of its Home Improvement Spending Report , with some interesting data specific to the New York-Newark-Jersey City metro. Key Findings for the…
According to a recent report from Construction Coverage, a website that compares construction software and insurance, becoming a homeowner remains largely out of reach for many Americans, despite home price growth stabilizing. A recent …
Have you ever wondered about those charming street-level unit entrances you see in many prewar apartment buildings? The ones often surrounded by flowering shrubbery, or with a decorative portico? They’re called maisonettes - French for ‘lit…
The Dakota, on Manhattan’s Central Park West, is perhaps the best-known apartment building in the world—for all the wrong reasons. The iconic building made front-page news in early December of 1980, when former Beatle and Dakota resident Jo…
Bill McBride notes in his CalculatedRisk newsletter that U.S. Census Bureau data that privately-owned housing starts reached a seasonally adjusted annual rate of 1,360,000 in April, a 5.7% increase from March’s revised estimate of 1,28…
Imagine your dream home. Maybe it’s a beautiful apartment in the sky, or a dramatic townhouse overlooking a lake or golf course. Maybe it includes a state-of-the-art gym or pool—or both—only steps or floors away. In the mood for a movie? Wh…
According to a new report from consulting firm Construction Coverage, only 17.0% of NYC housing units are single-family—the smallest share among all large U.S. cities. Since the peak of the U.S. housing bubble in the early 2000s, the p…
According to a surprising recent report from consulting firm Construction Coverage ranking the ‘Hottest Real Estate Markets of 2024,’ the NYC metro market ranks 48th out of 52 large U.S. cities. “While 2023 marked a notably more subdued…
The national housing market for 2023 will likely be remembered as one of converging challenges, especially for the multifamily sector. A recession possibly looming, ballooning interest rates, steady inflation, global instability, and a stri…
Q. I live in a gated community and the manager seems to be controlling the board rather than vice versa. She has filled vacant board seats without an election—some new residents don’t even know that we’re supposed to hold elections. The b…