New York City, New York
Tag: New York City
Rent control is illegal
New York City recently implemented its far-reaching Housing Stability and Tenant Protection Act of 2019. That law enacted extensive amendments, all plaintiff protective, to...
Greystone provides $10.8 million in Fannie Mae DUS financing for Minneapolis multifamily acquisition of...
Greystone, a leading national commercial real estate lending, investment and advisory company, announced it has provided a $10.8 million Fannie Mae Delegated Underwriting and...
JLL arranges $386 million financing for 70 Pine Street
JLL announced today that it has arranged $386 million in financing for 70 Pine Street, a 66-story, 1.03 million-square-foot, mixed-use, Art Deco-style tower in...
Related and Hudson top out Riverwalk Park, a 21-story building bringing 340 new units...
Related Companies and The Hudson Companies today announced the topping out of Riverwalk Park, a 100 percent affordable, 340-unit building at 460 Main Street...
Merchants Capital announces more than $180m total financing for two new mixed-income, mixed-use projects...
Mortgage banking firm Merchants Capital has secured financing for two affordable housing developments, totaling more than $180.6 million, in the New York City area:...
De Blazsio takes on landlords
Mayor Bill de Blasio of New York City has been in the news recently with comments he has made about bad landlords and his...
HUD and NYCHA reach agreement – again
On January 31, HUD Secretary Ben Carson announced an agreement to resolve problems at the New York City Housing Authority’s properties. In addition to...
New York City apartment building sold by Marcus & Millichap
Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, has announced the sale of...
Goldman Copeland develops innovative geothermal tool for the City of New York
Consulting engineering company Goldman Copeland (GOCO) has developed an innovative web-based geothermal pre-screening tool for the City of New York’s Design & Development Corporation...
Habitat for Humanity New York City and Almat Group break ground on Sydney House
Habitat for Humanity New York City, a major affordable housing developer and advocate for affordable homeownership in New York City, in conjunction with the...
Yardi webinar: Get ready for changing commercial building regulations in New York City
The new year brings many new laws and regulations to New York City, including Local Law 84 requiring new levels of compliance for benchmarking...
Community Preservation Corporation announces partnership with Xenolith Partners LLC to invest in affordable housing...
The Community Preservation Corporation (CPC) announced today it is committing up to $3 million to Xenolith Partners LLC (Xenolith), a certified minority- and women-owned...
Where rents still rise
A report on the 2017 national rental market, released by RENTCafe shows that rent increases in large cities (with a population of 600,000 or...
The missing middle
When there is no middle class, and the poor greatly exceed in number, troubles arise, and the state soon comes to an end. -...
Private vs. public property rights
Controlling housing rental rates is a classic example of the erosion of private property rights. Traditional rent controls specify a maximum rent that property...
