HGAR to Hold ‘Good Cause Eviction’ Informational Session on Feb. 28
HGAR believes that the law could have significant consequences for both landlords and tenants.
“Our responsibility as a county government is to make sure that the opportunity for affordable housing is always there. Having access to decent housing is a basic, human right, and homes need to remain at a price point that all people can afford,”
The property was originally developed at a reported cost of approximately $250 million and was one of the first new major multifamily projects to be built in White Plains in some time.
“This year you will hear me speak about ‘Stronger Together’ because that is what we are. We are stronger together,” Bauman told the Installation Gala event gathering.
“This agreement will open up housing specifically for low-income New Yorkers and send a clear message that this kind of discrimination is unacceptable in our communities,” said New York Attorney General Letitia James.
NAR’s view is that all relevant cases should be included in any consolidation (including buyer and seller cases), and the Northern District of Illinois is best placed to address the industrywide issues these cases present.
One promising theory being discussed by some real estate analysts and something Fernandez advised Realtors to watch for in 2024 is a possible “Silver Tsunami” of retiring Baby Boomers who will be putting their homes on the market.
Closed sales transactions decreased 15.00% in December 2023 in a year-over-year comparison from 3,270 in December 2022 to 4,406 in December 2023.
“The housing market is off to a good start this year, as consumers benefit from falling mortgage rates and stable home prices,” said NAR Chief Economist Lawrence Yun.
Brokers contend that companies will be attracted to Class A-type space, while properties rated at either B or C will have trouble attracting tenants.
Asking multifamily rents moderated slightly but overall fundamentals are strong. However, under-construction unit count continues to decline as developers are facing meaningful increases in construction and financing costs.
The two affordable properties will help ease the housing shortage for senior citizens in Westchester, where seniors living on fixed incomes struggle to afford rising housing costs.
The Regional Plan Association's report claims there is no three-lane requirement for an interstate highway, citing Interstates I-87 and I-84, which have two lanes in each direction for most of their routes.
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