On June 12, the Zoning Board of Appeals rejected an application for a height variance on the project by a 4-0 vote.
The significant shelter component, comprising more than one-third of the measure's weight, increased by 3.9%. If shelter inflation were to ease to 2% or even 3%, overall inflation would already be at a comfort point for the Federal Reserve.
Small investors purchased 361,900 homes in 2024, a 3.7% year-over-year increase, while large investor purchases decreased by 8.7% to 132,500 homes, the lowest level since 2018.
VALHALLA—The Mount Pleasant Industrial Development Agency voted at its July 29th meeting final approval of financial incentives for the
NEW YORK—Residential brokerage firm Douglas Elliman, announced today that Dottie Herman has stepped down as its Chief Executive Officer.
ALBANY—Gov. Andrew Cuomo announced on July 29 that as part of his $20-billion program to combat homelessness and create
ALBANY—Several days after New York City issued the mandate, Gov. Andrew Cuomo on Wednesday announced that all New York
SLOATSBURG—Tucked into the northern reaches of Rockland County, a 120-acre wooded and lakeside development parcel in the private gated
WASHINGTON—Foreign buyers purchased $54.4 billion worth of U.S. existing homes from April 2020 through March 2021, a
BOSTON—Boston Properties, Inc. reported on July 27 it had agreed to acquire 360 Park Ave. South, an existing 450,
HAMILTON, NJ—The value of commercial and multifamily starts in the top 20 metropolitan areas of the U.S. gained
WASHINGTON—Existing-home sales increased in June, snapping four consecutive months of declines, according to the National Association of Realtors. Three
HAVERSTRAW—The Village of Haverstraw released a Request for Proposal on July 21 for the development of two waterfront parcels
NEW YORK—Residential real estate brokerage firm Douglas Elliman announced on July 19 that real estate veteran Richard Ferrari has
NEW YORK—Brown Harris Stevens reports today that Christopher Halstead, the nephew of Halstead co-founder and real estate legend Clark
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