A lot has been said this spring and summer about wealthy New Yorkers and other urbanites ditching their metropolitan high-rises and townhomes for second homes (or brand-new ones) that offer more space, greenery, and social distancing. Sourc…
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 a recent press release, the National Multifamily Housing Council (NMHC) reports that more than half (53%) of multifamily developers polled for the third edition of the organization’s COVID-19 Construction Survey reported constr…
With confirmed cases of COVID-19 still on the rise, the Centers for Disease Control and Prevention (CDC) is recommending that people wear face coverings made of cloth or fabric when out in public spaces where six feet of physical di…
Given that we’re only just approaching the midpoint of the nation’s 15-day pause to stop the spread of coronavirus/COVID-19 (with extensions of stay-at-home orders and business closings looking likely), it may feel premature to talk about w…
Following on the sweeping -- and controversial -- Housing Stability and Tenant Protection Act of 2019, the New York state legislature has proposed a bill that some fear could have disastrous implications for residential real estate acro…
While many NYC building owners and managers have committed to reduce energy waste in their properties, promote efficiency, and strive for a greener city and planet, the sweeping nine-bill Climate Mobilization Act passed in May of 2019 and t…
The most popular amenity by far in apartment communities—whether co-op, condo, or rental—is a gym. Even in small buildings, where space for extras is at a premium, boards look for ways to add a fitness room somewhere, anywhere, they can wed…
amNewYork gives the borough-by-borough breakdown of residential sales over the last decade as the 2010s come to a close. Overall, the city saw real estate prices increase between the first quarter of 2010 and the fourth quarter of 2019,…