The New York City Council passed a bill to shift responsibility for broker fees from renters to property owners last month. Real Estate Board of New York is attempting to stop its enforcement
The bill shifts responsibility for broker fees from renters to property owners in hopes of easing affordability woes. However, opponents say the bill will only raise costs for renters in the long run
Even as some specialty workspaces around the US are converted back into offices, NYC is moving forward with plans for a 2.19M square foot science park despite calls for more housing
The pilot program, dubbed 'Plus One ADU,' draws on a $2.6M grant from New York State Homes and Community Renewal. As many as 15 eligible single-family homeowners will receive funds