Deals & DealmakersFeatured Mayor opposes New York rent strike REW Staff April 17, 2020 April 17, 2020 by REW StaffApril 17, 2020April 17, 20209706 de Blasio says Cuomo needs to come up with a plan quickly that helps those most in need without forcing building owners out of business
Deals & DealmakersFeatured As landlords income falls, mayor calls for rent freeze Linda O'Flanagan April 17, 2020 April 17, 2020 by Linda O'FlanaganApril 17, 2020April 17, 20204011 RGB Income and Expense Report, which the city uses to calculate annual rent increases on rent-stabilized housing , shows landlords NOI fell in 2018 for the first time in more than a decade.
Deals & DealmakersFeatured NMHC ranks nation’s biggest apartment owners REW April 17, 2020 April 17, 2020 by REWApril 17, 2020April 17, 20204586 Before the outbreak of COVID-19, the multifamily industry and the sector’s fundamentals were as healthy as they had been in years.
Debt & EquityFeatured LIHC refinances Little Italy property with $74M FHA loan REW April 16, 2020 April 16, 2020 by REWApril 16, 2020April 16, 20202821 Rockport Mortgage funds loan that will keep apartments affordable thru 2043
Featured HUD offers relief to multifamily mortgage holders REW April 15, 2020 April 15, 2020 by REWApril 15, 2020April 15, 20203075 90 days of mortgage forbearance and cease of evictions aims to deliver relief to landlords and tenants in New York and New Jersey
Featured Most Americans still paying their rent REW April 15, 2020 April 15, 2020 by REWApril 15, 2020April 15, 20202854 The latest tracker numbers reflect a payment rate of 93 percent compared to the same time last month.
Deals & DealmakersFeatured Virus batters New York’s office leasing sector REW April 14, 2020 April 14, 2020 by REWApril 14, 2020April 14, 20203373 full impact of COVID-19 on the office leasing market won't be known until the end of the second quarter,
Featured REBNY joins fresh call to save NYC businesses REW April 14, 2020 April 14, 2020 by REWApril 14, 2020April 14, 20203614 Blueprint to Save Small Business is being presented in a letter to Governor Cuomo, Mayor de Blasio and other elected leaders in New York.
Featured Industry tells New Yorkers: We Have Your Back REW April 14, 2020 April 14, 2020 by REWApril 14, 2020April 14, 20205222 More than 20 real estate firms have joined an effort to support health care workers, small businesses, and people experiencing food insecurity.
FeaturedViews What the State budget means for real estate community James Whelan April 14, 2020 April 14, 2020 by James WhelanApril 14, 2020April 14, 20205122 At a time when we need to be looking for ways to jumpstart the economy, prevailing wage will lead to less work for both construction workers.