July 21, 2015
Showdown at the Dakota
Jeremy Cohen, a partner with Wolf Haldenstein Adler Freeman & Herz, and I discussed a lawsuit brought by a New York City co-op owner who says he’s been unable to move into his apartment at the famed Dakota coop for … Continue reading
July 21, 2015 in New York City | Permalink | No Comments
July 10, 2015
The Challenge of Rising Rents
NYU’s Furman Center has issued a research brief, The Challenge of Rising Rents: Exploring Whether a New Tax Benefit Could Help Keep Unsubsidized Rental Units Affordable. The brief considers whether the creation of “a new property tax subsidy program aimed at … Continue reading
July 10, 2015 in New York City | Permalink | No Comments
July 8, 2015
The Dense State of NYC’s Housing
NYU’s Furman Center released its State of New York City’s Housing and Neighborhoods in 2014. I found its discussion of urban density to be the most notable aspect of this nexcellent and data-rich annual report. The discussion on density concludes, … Continue reading
July 8, 2015 in New York City | Permalink | No Comments
June 29, 2015
Monday’s Adjudication Roundup
Massachusetts’s federal court found that a unit of Deutsche Bank AG failed to vet some residential mortgage-backed securities, which mislead Massachusetts Mutual Life Insurance Co. US Bank filed an amended complaint claiming that Citigroup Global Markets Realty Corp. and CitiMortgage … Continue reading
June 29, 2015 in New York City | Permalink | No Comments
June 16, 2015
NYC’s 421-Abyss
New York City’s 421-a tax exemption has lapsed as of yesterday because of disagreements at the state level (NYS has a lot of control over NYC’s laws and policies, for those of you who don’t follow the topic closely). 421-a … Continue reading
June 16, 2015 in New York City | Permalink | No Comments
June 11, 2015
Renting in America’s Largest Cities
Following up on an earlier graphic they produced, the NYU Furman Center and Capital One have issued a report, Renting in America’s Largest Cities. The Executive Summary reads, This study includes the central cities of the 11 largest metropolitan areas in the … Continue reading
June 11, 2015 in New York City | Permalink | No Comments
June 9, 2015
Rapidly Rising Rents
The Community Service Society has released its Fast Analysis of the 2014 New York City Housing and Vacancy Survey which “analyzed just-released U.S. Census Bureau data from the 2014 version of its New York City Housing and Vacancy Survey, a survey of … Continue reading
June 9, 2015 in New York City | Permalink | No Comments
