According to a January 11 legal alert from the New York-based law firm of Tarter Krinsky & Drogin LLP, it may be possible for employers - presumably including cooperative corporations, condo associations, and HOAs - to require their employe…
When considering whether to buy or rent a home, the rent-to-price ratio—calculated as median annual rent as a percentage of median home price in a given area—can be a useful metric. In locations with high rent-to-price ratios, it may be bet…
Staging an apartment for sale has always been an important factor in getting the best price for your unit, but in the current market, it has become even more so. Many aspects of a condo or co-op unit are static, and while buyers are looking…
Despite ongoing struggles across the NYC condominium and cooperative market as a result of both the COVID-19 pandemic and multiple factors depressing those markets even before the pandemic hit, Astoria continues to hold its own. According …
The coronavirus crisis has brought about many unwelcome changes to households around the world—but it has also allowed or inspired some to make lifestyle choices that were impractical or otherwise out of reach before. One such choice has be…
While homelessness rates in the U.S. fell between 2007 and 2019, the problem has started to increase again. According to the U.S. Department of Housing and Urban Development, in 2017, the U.S. began seeing a rise in homelessness year over y…
There have been many people who have decided to pack up a truck and move during the pandemic. Moving company move.org surveyed 700 Americans who made the decision to move in 2020 to find out their biggest challenges, mistakes, and wha…
This past July, the U.S. Department of Justice (DOJ) announced a major lawsuit and settlement with the National Association of Realtors (NAR) about anti-competitive practices. According to Stephen Brobeck, a senior fellow at the Consumer Fe…
A recent report from appraiser Miller Samuel Inc. and brokerage Douglas Elliman Real Estate shows a burgeoning interest in buying co-op apartments on the cheaper end of the Manhattan spectrum (‘cheap’ being a very relative term, of course).…
A recent decision in New York State Appellate Court may bring relief to condominium owners involved in lawsuits with developers over construction defects. It also may bring increased transparency to the often-opaque world of real estate in…