Tag : politics

FeaturedResidential

Bracing for impact: Pending bills aimed at residential real estate have owners on alert

Sabina Mollot
by Sabina Mollot3189
There’s no question that 2019 was the year of the tenant, thanks to the sweeping rent reforms made through the implementation of the Housing Stability and Tenant Protection Act in Albany. However, there are still a number of bills floating around upstate as well as at City Hall that could...
Have you heard? Bernie leading fundraising by zip code, but Trump close behind
Residential

Have you heard? Bernie leading fundraising by zip code, but Trump close behind

REW
by REW2474
With the presidential candidate fundraising numbers for the third quarter now available, real estate website Renthop took a look at the individual donations on a city and zip code level, and found that Bernie Sanders takes first place, leading in 83 zip codes across New York City in terms of unique donations....
Council passes bill to protect birds from glass skyscrapers
Construction & DesignFeatured

Council passes bill to protect birds from glass skyscrapers

Sabina Mollot
by Sabina Mollot2224
The City Council has passed legislation that would force developers to use bird-friendly glass in new properties. The legislation will affect all new development by requiring that 90 percent of wall surfaces below 75 feet are bird-safe. The bill, sponsored by Rafael Espinal Jr., would also require the installation of...
Brokers Weekly asks: How has politics impacted the sales market and how significantly?
Residential

Brokers Weekly asks: How has politics impacted the sales market and how significantly?

REW
by REW1985
Aleksandra Scepanovic, managing director of Ideal Properties GroupAmerica’s macro political stage, strongly shaded by the news of the trade war with China, impacts New York City’s softening housing market both directly and indirectly. Directly, by further diminishing the interest of Chinese real estate investors in their once so loved spurious...
Featured

“Memo of understanding” needed for 421a says Korngold

REW
by REW1915
421a is a necessity but it’s fate remains an uncertainty, said Paul J. Korngold, partner at Tuchman, Korngold, Weiss, Leibman & Gelles, while addressing the a B’nai B’rith Real Estate luncheon last week at the Cornell Club in Midtown. “What happened most recently was that, when the 421a law was...