Category: Real Estate Trends

Real Estate Trends Revisiting Reverse Mortgages
2012 February Revisiting Reverse Mortgages

According to the most recent U.S. Census in 2010, an estimated 2.5 million people—or roughly 13.5 percent—of New York’s population is over the age of 65. Older New Yorkers, especially in New York City live in longtime neighborhoods or i…

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Real Estate Trends Managing Properties in Tough Times
2012 January Managing Properties in Tough Times

 The economy cratered—to use a term in popular parlance at that time—in September, 2008, with the collapse of too-big-to-fail Lehman Brothers. While the measures undertaken by the federal government and the Federal Reserve  averted complet…

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Real Estate Trends Aging in Place
2012 January Aging in Place

 Citizens over the age of 65 comprise nearly 13 percent of the U.S. population—just under 40 million seniors. By 2030, it is estimated that 72 million  Americans will be over the age of 65, nearly doubling those numbers. Where this  volume…

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Real Estate Trends Holiday Harmony
2011 November Holiday Harmony

 One of my five-year-old daughter’s favorite YouTube clips involves an elaborately decorated house, whose  thousands of colored Christmas lights were programmed to flicker, strobe, wave,  and blink to the tune of the Trans-Siberian Orchest…

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Real Estate Trends Something Old Into Something New...
2011 November Something Old Into Something New...

The U.S. Environmental Protection Agency (EPA) estimates that 136 million tons of construction and demolition waste was generated in 1996, which was the last time these figures were made available, and those numbers have most likely ri…

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Real Estate Trends What's a Biennial Statement
2011 April What's a Biennial Statement

A fact that is often overlooked is that the corporate operations of most co-ops are governed by the Business Corporation Law (BCL). The Business Corporation Law is the main New York State law which governs how co-op corporatio…

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Real Estate Trends Is Your Building Wasting Energy?
2011 April Is Your Building Wasting Energy?

Steam heating using both single- and two-pipe steam radiators will continue to dominate the heating of a majority of buildings in New York City well into the present century. But how do we determine if an apartment building is energy e…

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Real Estate Trends False Billings and Kickbacks?
2011 April False Billings and Kickbacks?

 Building owners spend billions of dollars a year to construct and refurbish  their properties, yet many are unaware of the hidden costs some contractors  charge improperly. Building owners are often vulnerable to this kind of  corruption …

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Real Estate Trends Benchmarking Your Building
2011 April Benchmarking Your Building

On December 8, 2009, the City Council passed Local Law 84 as part of New York City’s Greener, Greater Buildings initiative. Article 309 of this law requires all residential and commercial buildings over 50,000 square feet and city build…

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Real Estate Trends Doing A Successful Makeover
2011 April Doing A Successful Makeover

If you are contemplating selling your home, you probably know that the residential real estate market in New York City has rebounded dramatically since last year. However, to ensure the most successful sale in any market, it’s important…

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