New York rent laws driving multifamily interest to Jersey

New York City’s new rent regulation laws have shaved nearly half the value off multifamily properties, according to investment sales brokers. Sa.....»»

New York City’s multifamily property market took a hit in the first half of 2019, a direct result of looming changes to the state’s rent regulation laws. Tra.....»»

New York City’s multifamily property market took a hit in the first half of 2019, a direct result of looming changes to the state’s rent regulation laws. Transact.....»»

The high court last week moved to protect New York building owners from the “enormous liability” of rent overcharge claims dating back a decade. In a decision issued April 2, 2020, the NY Court of Appeals struck down a portion of last year’s.....»»

By Sabina Mollot With many developers feeling New York has become overly regulated, some have been turning to the comparatively more pro-landlord Jersey City, w.....»»

By Jonathan .....»»

By Jonathan Lewis, Founder, JLJ Capital There’s been tons of press over the last few weeks and months about the housing crisis in New York City and the shortage of affordab.....»»

Real estate interests have spent big each time New York's rent-control laws have come up for renewal in the past two decades, easily outpacing small donors.So read the findings of a report issued... To view the full story, click the title link......»»

The fight in Albany over New York's 1 million rent-regulated apartments could trigger a political counterblast if the state Senate and Assembly cannot come to terms, Gov. Andrew Cuomo warned... To view the full story, click the title link......»»

Regu… residential rents is like trying to make a balloon smaller by squeezing it: Every action creates another problem. The outcome is a tangle of rules and a market worse off than if it had been... To view the full story, click the title link......»»

With little more than two weeks before New York's rent-regulation laws expire, the Democratic leaders of the state Senate and Assembly are presenting a united front.In a joint statement Tuesday,... To view the full story, click the title link......»»

To the editor: Re “:” Despite what powerful lobby groups might say, New York must protect and strengthen the city’s rent regulations when the current laws expire in June. Some groups that are... To view the full story, click the title link......»»

When it comes to property-tax pain, New York is hard to beat. Owners of single-family houses in the city and surrounding suburbs paid an average of $9,700 last year, topping a ranking by Attom Data... To view the full story, click the title link......»»

Amtrak executives say a new rail tunnel linking New York and New Jersey must be built—sooner rather than later—with the costs shared among the states, railroad and federal government. “I believe... To view the full story, click the title link......»»

New York and New Jersey have granted 137 new cannabis licenses: 36 in Jersey, 101 in NY; signaling a significant expansion in the adult-use market.  read more.....»»

These two apartment complexes sold to an investment firm known for risk-return multifamily investments......»»

In 2018, the odds of winning the affordable housing lottery were 1 in 592, per The New York Times. The living room is bright and airy.Nkenge BrownA millennial woman won the New York City affordable housing lottery after applying for two years......»»

Dallas realtor Rogers Healy discusses a concerning report finding it is currently 60% cheaper to rent a starter home than to buy in each of the top 50 U.S. metros......»»

Around 900 .....»»

The CMA CGM Marco Polo can carry more than 16,000 containers and completed its journey from China in just 20 days. .....»»