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...
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...
New York City’s mansion tax is a real estate tax applied to the purchase of property that costs more than a specified dollar amount. When purchasing a home, condo, or co-op in New York, the mansion tax is the most expensive closing cost. Anyone planning to buy a...
New York City is a booming city, and there are some exciting developments when it comes to the neighborhoods in this area. NYC is a big area, and more developments are showing up in 2020. What Is New In NYC Brooklyn and Queens is where a lot of people are seeing new...
