NYC Rental Market Trends for 2021
The pandemic was not lenient to the rental markets in New York. It caused uncertainties in the sector, which led to an inevitable low demand. This was primarily attributed to the closure of many small businesses and high rates of unemployment in the city. However,...
Rental Insurance in NYC
There is a common misconception that if you are renting an apartment, your landlord’s insurance will cover your belongings in case of a disaster. This is not true; to protect your property, you need to buy renter’s insurance. What circumstances does it cover? Most...
The Current State of the NYC Housing Market
New York City has always been known for its astronomical housing market. A no larger force than the pandemic could have heavily impacted housing sales. With COVID-19, New York City's boroughs have seen massive shifts in house sales and buyer behavior. To understand...
Location, Location, Location: Should You Consider a Mixed-Use Development for Your Business
Mixed-use development is an increasingly popular type of real estate. The ability to combine commercial, residential, cultural, and even industrial facilities into a single building can save on space, reduce urban sprawl, and provide unique opportunities for...
Benefits of Investing in Mixed-Use Development
Mixed-use developments are on the rise as landlords find great ways to generate income and reduce vacancies in their buildings. Though not for everyone, mixed-use developments, when strategically placed, are an excellent investment for the owner. Some examples of the...
Co-Ops versus Condos
Co-ops and condos are frequently confused with each other because they are fairly similar concepts. However, some distinct differences keep them from being interchangeable. Before deciding on a co-op or condo, there are a few things homeowners need to know. The Type...
Mixed-Use Development a Growing Trend
In a world where everything is changing, corporations are no exception. While it has largely been unheard of for a business to occupy a residential or industrial building, the lines between the three are becoming increasingly blurred. This is referred to as mixed-use...
Tips for Renovating Small Spaces
Many millennials are looking to build their lives in smaller spaces than the Baby Boomers, and Generation X. Tiny homes, nomad lifestyles, and other alternative ways of living have made the small space the preferred space. Before renovating a small space, there are...
NYC Housing Connect and Affordable Housing
New York City is notoriously expensive for renters, despite laws that cap rent rates. Its residents have long struggled to afford exorbitant rent prices. In response, officials created an affordable housing lottery, but it has its own issues. Residents can remain on...
Impact of the Coronavirus on NYC Real Estate
COVID-19 has been having a significant impact on many areas of life. The real estate market is one of these areas. Stay-at-home orders have prevented agents from providing tours of homes. People are unlikely to purchase a home they have not seen in person, which means...
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