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,...
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...
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...