Latest news (Page 30)
LEGAL CORNER: A Small but Significant Change: A ‘Squatter’ is Not a ‘Tenant’
A noteworthy legislative amendment was the exclusion of “squatters” from the definition of “tenant” under the current tenancy laws.
LEGAL CORNER: New Legislation Affecting Tenant’s and Landlord’s Rights in NYC and NYS—the Good Cause Eviction Law
It is important to note that while the new Good Cause Eviction Law went into effect in New York City immediately, other municipalities throughout New York State will need to opt-in by enacting this legislation if they so choose.
Transforming Real Estate: The DEI Summit in Newark, NJ
At the heart of the DEI Summit lies a commitment to regional collaboration—recognizing that by uniting our efforts, we can amplify our impact and affect meaningful change.
BARRISTER'S BRIEFING: Piling On: Local, State and National Updates
At the recent May 1, 2024, HGAR Board of Directors meeting, the Board voted on two association matters relating to the filing of arbitrations and administration of ethics complaints.
PRESIDENT’S CORNER: Heritage and Homeownership—Honoring the Past, Building for the Future
My parents’ story is one of countless others who immigrated to the United States in search of a better life. They faced immense challenges—language barriers, cultural adjustments, and economic hardships—but their determination never wavered.
Bronx EDC Launches $10-Milliion Microloan Program for Small Businesses
The new loan program builds on the Borough President and BXEDC’s commitment to support the growing small business sector in the Bronx and follows a $10-million loan program announced last fall.
New York State Housing Authorities to Receive $3.3 Billion in HUD Funding
The New York City Housing Authority received the largest funding allocation in the New York metro region at more than $1.5 billion.
NYS Gaming Commission’s New Timeline Sets Downstate Casino Decision at Year’s-End 2025
Allowing the proposals to clear the environmental review process would eliminate a nightmare for Gaming Commission staff since the projects would need to be updated and could be subject to change.
HGAR Leads Opposition to Implementing City of Mount Vernon Law to Increase Real Estate Transfer Taxes
With the median sales price for a single-family home in the City of Mount Vernon at $627,550 as of April, a 1.5% transfer tax translates to $9,413.25.
HGAR: New York Metro Area Home Prices Increased by More than 18% in First Quarter of 2024
New York City and the Hudson Valley continue to be among the most desirable locations in the nation, so it’s no surprise that inventory is at a premium and home prices are reflecting that.
Westchester CRE Market Ended First Quarter with Mostly Increased Activity
Boasting a vacancy rate in the low 4% and uninterrupted positive trends in rental rates, fundamentals for Westchester multifamily are strong.