Rent overhaul will wipe out local owners, warns CHIP

It's a dire situation for small businesses, forcing some owners to stop taking paychecks so they can pay rent and utilities......»»

Five months into the cityʼs new rent regulations, the industry continues to digest the sweeping changes to how landlords can and can’t raise rents. At a seminar hosted by the New York Bar Association.....»»

The to the city's rent laws will trigger a meltdown in the rental sector and force the local tax burden onto co-op and condo owners, a real estate industry leader said Wednesday. James Whelan, the... To view the full story, click the title link......»»

Seven New York landlords have joined the Rent Stabilization Association (RSA) and Community Home Improvement Program (CHIP) to sue over new rent regulations they claim are ‟unconstitutional.” The 125-page complaint, filed in the U.S.....»»

As lawmakers in Albany look to overhaul regulations for rent stabilized homes in New York City, CHIP’s leadership unveiled their .....»»

In an expanded effort by CHIP’s members to help build stronger communities throughout New York City, CHIP announced a partnership with MMM Food Pantry in the Manhattan neighborhood of Inwood. Fifteen CHIP members will provide funding for the food p.....»»

A new limit on state and local isn’t forcing taxpayers to leave New York, New Jersey and California despite claims from some Democratic politicians that the federal tax overhaul is causing a ,... To view the full story, click the title link......»»

Effects from persistently higher interest rates, combined with falling federal spending locally, have continued to weaken the local economy, according to the latest numbers from CBRE Group Inc.’s index charting Greater Washington’s economic p.....»»

Southern California has always been an ossuary of failed publications done in by apathetic readership, clueless owners or a combination of b.....»»

After more than $1 million in renovations, the century old manor is hitting the market. Here's why the owners poured money into the overhaul......»»

As COVID-19 cases surge in Taiwan, concerns have been raised over the stability of chip supply from the local semiconductor value chain. No major infections have been reported among Taiwan's semiconductor and IT supply chains yet, but Pegat.....»»

A fire at a Renesas Electronics plant in Japan, as well as serious outages in Texas after the storms in March, have exacerbated the tensions on the global semiconductor market, and new problems are appearing......»»

Pennsylvania's top banking regulator recently offered his thoughts on the plight of local small businesses, the key to Philadelphia’s business future and the potential risk level facing the U.S. economy:.....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Ford on.....»»

The U.S. CPSC is warning Peloton Tread+ owners with small kids or pets to stop using the treadmill after the fitness com.....»»

VS Development said the apartments will rent for just a few hundred less than the nearby competition at Remington Row and and Miller's Court......»»

The University of Hawaii is turning to the public and the local business community for help to make its $6.2 million planned overhaul of the Clarence T.C. Ching Athletics Complex a reality. UH plans to play football on campus for at least the next thr.....»»

GM Cuts Production, VW Warns Texas Storms Hurt Chip Supplies As Semi Shortage Hammers Carmakers Microchip supply bottle.....»»

TOWN SQUARE | Online marketplace “Bid My Listing” gives homeowners an opportunity to make money on their home listing by uploading their information to the site and having local real estate agents bid for the listing......»»