New York City Housing Market at a Critical Crossroads: Affordability, Evictions & Fiscal Policy Fuel Uncertainty
For real estate professionals, understanding the human and economic drivers behind eviction filings is critical.
The potential development opportunities will focus on targeting offshore wind supply chain companies, state officials noted.
Since the first-in-the-nation program began on Sunday, Jan. 5, through Friday, Jan. 31, tolls from the CRZ generated $48.66 million in revenue.
HGAR believes that the law could have significant consequences for both landlords and tenants.
The Hudson Gateway Association of Realtors and the New York State Association of Realtors strongly support Senator Harckham and Assemblymember Rosenthal’s legislation that will enable more first-time homebuyers the opportunity to achieve the American dream of homeownership.
The “Why Global?” session is open to all HGAR members and is designed to demonstrate how the association’s Global Business Council can help Realtors grow their international business.
In January, existing-home sales in the Northeast fell 5.7% from December to an annual rate of 500,000, up 4.2% from January 2024.
Inventory for almost all property types declined in all regions in January, but Rockland County saw a huge co-op inventory gain of 63.6% and 29.9% for condos.
The foundation’s 2024 events included a series of popular Pub Nights in various locations throughout the Bronx and Hudson Valley, its popular “Dancing with the Foundation” dance competition gala, individual donations, and corporate sponsorships
The predominant risks for DOB’s forecast are policies that may be implemented by the new federal administration, including those related to tariffs and the extension of the expiring provisions of the Tax Cuts and Jobs Act.
NYPA will construct the first major commercial office building in Westchester County in nearly a half-century.
Currently, localities must conduct a survey of rental housing they propose to regulate and demonstrate that the vacancy rate is below 5%. This bill leaves that option in place, but creates an alternative method.
HGAR strongly opposes Good Cause Eviction, arguing it limits landlords' ability to manage properties. Automatic lease renewals, rent restrictions, and legal hurdles could discourage investment, shrink rental inventory, and raise costs for both landlords and tenants.
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