What if they don’t come back? Apartment owners wary of remote workforce
News that tech giants including Twitter, Google and Facebook plan to let their employees work from home indefinitely has New York apartment owners nervous. Since...
Tag : Rentals
$13 million loan arranged for East Village apartment building
ABS Altman Warwick, a division of ABS Partners Real Estate, has announced the closing of a $13 million loan for a 68-unit, 65,600 s/f apartment...
Is it a support animal… or a wolf? New rules take stress out of pet screening
The stress and strain of city living is driving more New Yorkers to share their home with outlandish pets they claim bring them “emotional support.”...
Housing builders shift to cheap areas amid superluxe glut
As the super luxury market continues to stagnate, developers are looking to shift towards smaller-scale projects and cheaper areas. While superluxury was a major discussion...
Security Guards: Unlocking new tech ideas could solve deposit conundrum, say industry experts
Besides the Statue of Liberty, Empire State Building, and Times Square, perhaps the most well-known thing about New York City is that it is an...
Developers secure $65M loan to buy Astoria waterfront site for apartment project
Another large residential development is heading for the Astoria waterfront. Cape Advisors and Wainbridge Capital have secured $65 million in financing to acquire 30-77 Vernon...
Seven-story mixed-use building coming to Dutch Kills
A seven-story mixed-use building with 200 apartments and ground-floor commercial space is coming to Long Island City’s Dutch Kills neighborhood. Slate Property Group and Avenue...
Landlords work to head off slowdown with slew of new rent incentives
Citi Habitats February Rental Market Analysis found that landlords made modest adjustments in pricing and increased their use of move-in incentives during the month. The...
Long-term impact of short-term rentals spells trouble for New York
By REBNY President John Banks Last week, the New York State Legislature took an important step in providing the tools for better enforcement of illegal...
Report Show Rising Rents, Shrinking Vacancies in Manhattan
On average, apartments in Manhattan rented for $3,451 last month which is $31 more than they did in April. May 2013 saw similar results, with...