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,...
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...
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...
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...
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...
