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 Federal Reserve Board stressed that it will continue to press forward on its goal of bringing the inflation rate back to 2%.
Nguyen is a local Realtor with more than 20 years of experience.
After that detailed and thorough consultation, we reached an outcome that promotes individual choice, while also reinforcing a system of openness for all.
The most commonly staged rooms by home sellers’ real estate agents were the living room (91%), primary bedroom (83%) and dining room (69%).
The project, which will cost an estimated $750 million, will be financed through a combination of a $500-million Dormitory Authority of the State of New York bond, philanthropy and equity from operating expenses.
According to the CBRE report, Manhattan’s supply of properties undergoing conversions have a median age of 68 years.
The survey found 61% of voters support increasing deduction limits or removing limits altogether.
Expatsi, an international research and tour group dedicated to helping people find affordable global living destinations, recently compiled a list of 10 countries where one could easily retire on just $2,000 a month.
The legislative priorities of HGAR and NYSAR were focused on assisting first-time homebuyers with rising housing costs, helping alleviate the severe housing shortage in New York State, and addressing escalating insurance costs.
There is no doubt that Rockland County faces housing challenges that impact a wide range of residents—from teachers and first responders to seniors and working families.
The Make-A-Wish donation will be presented at the Foundation’s May 15 “Dancing for the Foundation” event at the Glen Island Harbour Club in New Rochelle.
The average mortgage rate was 6.65% in March, down from a 6.96% average in January and down from a 6.84% average in February.
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