Heading into 2026, it is clear that inflation is above the Federal Reserve’s 2% goal and the labor market is showing continued signs of weakening...
In announcing his candidacy, Rand stated, “I am a local mayor, where the job is solving problems and getting things done, not playing politics.
In terms of anticipated rate cuts by the Federal Reserve, Yun expects the Fed to cut rates later today (Dec. 10) and will initiate two further rate cuts in 2026.
One of the key pieces of legislation discussed was Intro 1120, sponsored by Councilmember Julie Farías, that would establish clear timelines for cooperative boards to process, review, and issue decisions on co-op purchase applications.
New York’s housing ecosystem is at an inflection point. Affordability pressures, development bottlenecks, small-property owner challenges, regulatory changes, and aging housing stock are all converging at the same time.
The program could convert thousands of currently unpermitted basement units into legal Ancillary Dwelling Units (ADUs).
The rally underscored our industry’s leadership in advancing housing policy and demonstrated the collective strength of Realtors when we unite around a common cause.
For Realtors, this moment is about more than voting it’s about advocacy, leadership and accountability.
Against this backdrop, HGAR and our partner associations have officially launched the “Vote Yes on Proposal 3” campaign, a nearly $400,000 initiative to modernize New York City’s land use process and unlock housing opportunities across all boroughs.
This year’s breakfast featured Kenny Burgos, former New York State Assembly Member and now CEO of the New York Apartment Association, as keynote speaker.
Mayor Patterson-Howard’s vision for Mount Vernon and beyond aligns closely with HGAR’s mission—to advocate for strong, vibrant communities where opportunity and homeownership are within reach for all.
HGAR is collaborating with the Long Island Board of Realtors, the Brooklyn-Queens Board of Realtors, and the Staten Island Board of Realtors, to form one of the largest Realtor coalitions in New York City.
For HGAR, participation at Turning Stone reflects our commitment to being a leader in these conversations.
While the program is well-intentioned, the economics remain challenging.
This incentive has long been a vital program support. By offsetting potential vacancy costs while applications are pending it makes landlords more willing to participate in CityFHEPS.
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