Downtown Deals: Most of USA’s Largest Cities See Slower Home Price Growth in City Centers
Citywide prices grew much faster in 31 of the 40 most populated cities in the U.S. over the past decade, with 17 downtowns now cheaper than the city.
Introduction to Condominium Offering Plans
Condominium offering plans are a prerequisite for the public offering or sales of condominiums and must be approved by the Department of Law.
Top 50 Most Expensive NYC Neighborhoods in Q1 2024: Hudson Yards’ Median Reaches $6M, 41% Above Next-Priciest Neighborhood
Manhattan remained home to some of the priciest neighborhoods in New York City, with Hudson Yards, SoHo and TriBeCa on the top.
The Park Premium: Do You Pay Extra to Buy Next to Manhattan’s Largest Parks?
Manhattanites enjoy access to 160+ public parks — but what’s the cost of buying a unit next to the borough’s largest green spaces?
2024 Q1 Foreclosure Report: NYC Cases Exceed Half of Pre-Pandemic Figures, Queens & Brooklyn Supply 76% of Citywide Caseload
As foreclosure cases continued to tick up in Q1, Queens and Brooklyn supplied the bulk of the city’s caseload, while Manhattan figures started to dip.
A Guide to Recent Changes to the Property Condition Disclosure Act for Purchasers and Sellers of Residential Real Property
While the original PCDA addressed various property concerns, legislatures deemed updates necessary to increase consumer protection.
State of Anonymity for LLCs in New York State
LLCs have been a favorite tool for real estate investors looking to maintain anonymity. But the NYLTA has brought some significant changes to that.
Where Are NYC’s Smallest & Largest Condos? South Astoria Units Clock in at Just 631SF, Hudson Yards Condos Hit 2,045SF
While NYC condos have a median size of 921 square feet, at the neighborhood level, median sizes range between 631 and 2,045 square feet.
Reflection on the Year 2023 in Real Estate
2023 was marked by some notable developments in real estate that should set the stage for an intriguing 2024 and beyond.
2023 Annual Foreclosure Report: NYC Cases Nearly Double Year-Over-Year, but Still Reach Only Half of Pre-Pandemic Levels
NYC foreclosure cases nearly doubled in 2023, yet the city’s caseload remained at only half of pre-pandemic figures.
Pros & Cons of Mayor Adams’ Zoning Change Proposal to Boost Housing Supply in New York City
Meant to boost NYC’s housing stock, Mayor Adams has proposed a number of zoning changes to ease the development and redevelopment process.
Top 50 Most Expensive NYC Neighborhoods in 2023: Sales Activity, Prices Down Compared to Last Year
The median sale price slipped to $728,000 in 2023, a 3% fall compared to 2022, marking the first year-over-year decline in over a decade.
Top 25 Most Expensive Zip Codes in Upstate New York: Prices Stay Resolutely Below $1 Million
Although Upstate New York’s prices were much lower than in NYC or on Long Island, its most expensive zips were still above the national median.
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.
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