BRI Says Westchester Rent Hike Falls Short; Warns of Long-Term Consequences
BRI officials stated that while the new increases prevent another destructive rent freeze, they once again fall short of what is required to keep up with rising costs.
The House passed its version of the Big Beautiful bill on May 22 with a provision that would raise the SALT Cap to $40,000.
Prospective homeowners or those who already own a home but are at risk of losing it can get advice from bankers, Realtors, government agencies, mortgage companies, and others.
As part of the partnership, OneKey MLS subscribers will gain direct access to Crexi’s suite of commercial real estate tools.
Phase 2 of the project—which is valued at $12 billion—will now include 4,000 new homes at the site.
The buyer was Dempsey Investment LP. The seller was MSB Halstead Holdings.
The downtown area, planned as Tuxedo Reserve's Main Street, includes four mixed-use multifamily buildings totaling 93 upscale apartments.
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.
The FARE Act prohibits brokers who represent landlords from charging broker fees to tenants. This includes brokers who publish listings with the landlord’s permission.
Thank you to the following Members who are leading the way in the 2025 RPAC campaign
Early voting for the June 2025 primary elections runs from Friday, June 14 through Saturday, June 22. Primary Election Day is Tuesday, June 24.
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