July 31, 2015
Rapid Growth for Property Managers
Buildium.com quoted me in Can Rapid Growth Endanger Your Business? It reads, in part, For property managers, the prospect of rapid growth can be thrilling. You lease the units in your first building, fill vacancies quickly, add services that let you charge … Continue reading
July 31, 2015 in New York City | Permalink | No Comments
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
