New York City Mayor Adams’ Zoning Change Proposal to Boost Housing Supply
NYC Mayor Eric Adams unveiled the “City of Yes for Housing Opportunity” proposal to address the escalating housing crisis in New York City.
Top 100 Most Expensive U.S. Zip Codes: 2023 Marks Yet Another Record Year, Despite Market Slowdown
While more than half of the zip codes record drops in median sale prices, Atherton and Sagaponack reach $8 million for the first time.
Top 50 Most Expensive NYC Neighborhoods in Q3 2023: Brooklyn Enters Top 3 for 2nd Time This Year
DUMBO came in as the third-priciest neighborhood in NYC with its median sale price climbing 60% year-over-year.
NYC Flood Zones: As Flooding Events Become More Frequent, How Are They Affecting Home Prices & Sales?
Since 2012, buyer interest has cooled somewhat in NYC’s flood zones, with medians here rising only 33% compared to 53% in low-risk zones.
Commercial to Residential Conversions & High Office Vacancies in NYC
Commercial-to-residential conversions are increasingly explored to help repurpose underutilized CRE and address the lack of affordable housing.
2023 Q3 Foreclosure Report: NYC Foreclosures Increase 44% Year-Over-Year, Brooklyn Cases Surge 185%
NYC recorded 427 foreclosure filings in the third quarter of 2023, up 18% compared to the previous quarter.
Digital Signatures vs. Electronic Signatures: Understanding the Difference
Often used interchangeably, the terms digital signatures and electronic signatures play different roles in validating documents and transactions.
New York Land Banks 101: Understanding the Basics & Functions
What do New York land banks do? Explore the objectives, functions, and influence on local communities of New York land banks in 2023.
Top 50 Most Expensive NYC Neighborhoods Q2 2023: Hudson Yards Remains in the Lead While SoHo Overtakes TriBeCa After 9 Quarters
Sales rose in 11 of the city’s 50 most expensive neighborhoods in Q2, including in TriBeCa, Boerum Hill and Red Hook.
2023 Q2 Foreclosure Report: NYC Foreclosures Up 81% Year-Over-Year, But Seemingly Plateau Quarter-Over-Quarter
As Q2 comes in just 12 cases below Q1, it remains to be seen if the change is part of a wider trend of stabilization or just a seasonal glitch.
25+ Budget-Friendly Hamptons Homes on the Market: From Classic Cape Cods to Ranches and Cozy Cabins, All Under $1M
Amid seven- and eight-figure homes and sprawling estates, there are still budget-friendly hidden gems for buyers looking at the iconic region.
Proposed Key Changes to 1031 Rules Under the Biden Administration’s New Plan
Significant changes may be on the horizon for 1031 exchange rules that aim to limit eligibility, increase tax rates and cap deferral amounts.
Which NYC Neighborhoods Saw Sales Fall the Most in the Past Year? Staten Island Claims Top Spot with Dongan Hills’ 86% Drop as Sales Contract in 193 Neighborhoods
193 NYC neighborhoods logged clear drops in sales, and only 22 experienced increases in transactional activity as market slowdown continues.
Is Title Insurance Necessary in NYC?
While it is not legally required to purchase title insurance when buying real estate, there are important aspects to consider why you should.
Top 50 Most Expensive NYC Neighborhoods Q1 2023: The Bronx Marks Historic 1st Entry, Brooklyn Enters Top 3
The NYC real estate market continued to cool in the first three months of the year with both sales and medians trending decidedly down.
Q1 Foreclosure Report: NYC Foreclosures Reach Highest Figure in 11 Quarters But Remain Well Below Pre-Pandemic Figures
Hitting 3-year high, foreclosure activity is steadily returning to NYC but first-time cases are still half of what they were pre-Covid.
After Frenzied 2022, NYC Multifamily Market Slows to Early 2020 Pace
2023 began with both the number of sales and the volume of sales in NYC’s multifamily sector more in line with the first quarter of 2020.
What to Do If You’re Having Issues After Buying a House In an HOA
If you’re having issues with a homeowners’ association (HOA), carefully consider your options because litigation is a time-consuming, costly decision.
6 Important Considerations Before Buying a House in a Homeowners Association
NYC-based boutique law firm Pardalis & Nohavicka brings the latest legal updates from the world of real estate. Pardalis & Nohavicka handles an eclectic array of matters, representing individuals and business owners in civil litigation, criminal cases and business transactions, currently litigating and representing clients throughout the United States and around the world. It’s important to do your due diligence with…
Is It a Good Time to Buy or Sell My Home?
It has it’s become difficult to gauge the housing market in the current global environment. Here’s what to consider before buying or selling:
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