For the first time ever, HGAR members will have direct access to NAR’s C-suite leadership team including CEO Nykia Wright, SVP Industry Relations Jarrod Grasso and Chief Economist Lawrence Yun.
On Sept. 10, the MBA reported that mortgage applications increased 9.2%for the week ended Sept. 5 from one week earlier.
The proposal would deliver an estimated 9,700 new homes—including up to 2,900 permanently income-restricted affordable homes.
In 2023, 39.5% of older homeowners in the city spent 30% or more of their household income on housing costs.
200 Park Ave. will continue to serve as the headquarters of CBRE’s New York Tri-State Advisory Services business and house the company’s New York-based Global Workplace Solutions teams.
The citywide rezoning will enable the creation of 80,000 new homes over the next 15 years and invest $5 billion, which includes $1 billion in state funding, towards critical infrastructure updates and housing.
The real estate industry has expressed concerns regarding the potential repercussions of the FARE Act.
The FARE Act will undoubtedly lead to higher rents and reduced access to available rental listings for prospective tenants, exacerbating housing affordability challenges New Yorkers already face.
The nonprofit organization will expand its existing operations in the property and consolidate various Midtown locations.
This marks the most new K-12 seats opened by the SCA since 2003.
The capital funding provided to the Metropolitan Transportation Authority will be earmarked towards the utility relocation contract for Phase 2 of the expansion project, which will deliver subway service to residents of East Harlem.
While Gov. Hochul vowed to provide funding to adequately finance MTA projects, at press time no firm plans have been released.
Congestion pricing tolls were projected to generate net revenues sufficient to leverage $15 billion for the MTA's 2020-2024 Capital Program, which includes several transformational projects.
While the governor cited the costs of the plan as one of the reasons for her decision, some critics say politics played a critical role in her ruling.
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