Winter is well underway, but it's never not a good time to assess your building's cold weather readiness, and to make any needed adustments or repairs to keep things running smoothly (and warmly!) between now and the spring thaw. If your bu…
Drone technology is changing the way we do things in a wide array of fields, from moviemaking to weather reporting. In the real estate business, drones have quickly become indispensable—particularly when it comes to structural inspections,…
American families are facing a convergence of economic pressures that are redefining what it means to live comfortably. After years of elevated inflation, the cost of essentials, from housing and groceries to transportation and health care,…
We all know that technology is continuously evolving—sometimes faster than the physical and mechanical infrastructure around it. A glaring example of this is intercom systems. They’re standard fare in nearly every apartment building, from t…
On October 23, the Federal Home Loan Mortgage Corporation (FHLMC), commonly known as Freddie Mac, released the results of its Primary Mortgage Market Survey ® (PMMS), showing the 30-year fixed-rate mortgage (FRM) averaged 6.19%. “Mo…
In a decision handed down earlier this fall, a ground-floor commercial tenant in a condo building on Manhattan’s Upper East Side lost its bid to compel the condo association to pay a monthly fee for the alleged damages and disruptions cause…
The U.S. housing market remains a critical economic issue, with housing affordability and supply at the forefront of bipartisan policy agendas. Both Republican and Democratic lawmakers are increasingly focused on expanding access to afforda…
In another indication of the ongoing slow-motion softening of the NYC co-op market, high-end co-ops are increasingly considering—and in some cases have already enacted—loosening their restrictions on financing. Buildings that previously man…
With inflation still elevated, home prices parked near record highs (despite some recent softening, particularly at the higher end), and insurance costs climbing, more homeowners are running out of cushion—heightening the risk of mortgage d…
While the COVID-19 pandemic briefly shaped housing policy with protections like mortgage forbearance, the challenges homeowners face today are driven less by temporary disruptions and more by persistent affordability issues. With inflation …