LEGAL CORNER UPDATE: A Small but Significant Change: A ‘Squatter’ is Not a ‘Tenant’
A noteworthy legislative amendment was the exclusion of “squatters” from the definition of “tenant” under the current tenancy laws.
With the median sales price for a single-family home in the City of Mount Vernon at $627,550 as of April, a 1.5% transfer tax translates to $9,413.25.
New York City and the Hudson Valley continue to be among the most desirable locations in the nation, so it’s no surprise that inventory is at a premium and home prices are reflecting that.
In 2022, the median net worth of homeowners was $396,200, while the median net worth of renters was $10,400.
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A noteworthy legislative amendment was the exclusion of “squatters” from the definition of “tenant” under the current tenancy laws.
It is important to note that while the new Good Cause Eviction Law went into effect in New York City immediately, other municipalities throughout New York State will need to opt-in by enacting this legislation if they so choose.
At the heart of the DEI Summit lies a commitment to regional collaboration—recognizing that by uniting our efforts, we can amplify our impact and affect meaningful change.
At the recent May 1, 2024, HGAR Board of Directors meeting, the Board voted on two association matters relating to the filing of arbitrations and administration of ethics complaints.
My parents’ story is one of countless others who immigrated to the United States in search of a better life. They faced immense challenges—language barriers, cultural adjustments, and economic hardships—but their determination never wavered.
The new loan program builds on the Borough President and BXEDC’s commitment to support the growing small business sector in the Bronx and follows a $10-million loan program announced last fall.
The New York City Housing Authority received the largest funding allocation in the New York metro region at more than $1.5 billion.
A noteworthy legislative amendment was the exclusion of “squatters” from the definition of “tenant” under the current tenancy laws.
It is important to note that while the new Good Cause Eviction Law went into effect in New York City immediately, other municipalities throughout New York State will need to opt-in by enacting this legislation if they so choose.
At the recent May 1, 2024, HGAR Board of Directors meeting, the Board voted on two association matters relating to the filing of arbitrations and administration of ethics complaints.
In the weeks leading up to heavy negotiations in Albany, HGAR personally educated more than two dozen elected officials on Good Cause Eviction and the most problematic aspects of valuing tenant protection over property rights.
Compared to one year ago, the national median single-family existing-home price climbed 5% to $389,400. In the prior quarter, the year-over-year national median price increased 3.4%.
The Pending Home Sales Index—a forward-looking indicator of home sales based on contract signings—increased to 78.2 in March.
Existing-home sales in the Northeast climbed 4.2% from February to an annual rate of 500,000 in March, ending a four-month streak where sales in the Northeast registered 480,000 units
The Northeast PHSI decreased 0.3% from last month to 63.4, a decline of 9.0% from February 2023.
The new loan program builds on the Borough President and BXEDC’s commitment to support the growing small business sector in the Bronx and follows a $10-million loan program announced last fall.
Allowing the proposals to clear the environmental review process would eliminate a nightmare for Gaming Commission staff since the projects would need to be updated and could be subject to change.
Boasting a vacancy rate in the low 4% and uninterrupted positive trends in rental rates, fundamentals for Westchester multifamily are strong.
The Orange County Partnership’s Eckert said that the latest solicitations serve as “a critical path item for advancing our clean energy future.”
At the heart of the DEI Summit lies a commitment to regional collaboration—recognizing that by uniting our efforts, we can amplify our impact and affect meaningful change.
My parents’ story is one of countless others who immigrated to the United States in search of a better life. They faced immense challenges—language barriers, cultural adjustments, and economic hardships—but their determination never wavered.
Participating in MIPIM opens up a world of opportunities, directly and indirectly benefiting HGAR Members.
In the weeks leading up to heavy negotiations in Albany, HGAR personally educated more than two dozen elected officials on Good Cause Eviction and the most problematic aspects of valuing tenant protection over property rights.
Bohlke credits his mother for opening his eyes to a real estate career.
Throughout the season, viewers will be treated to an insider’s look at Rockland County, guided by Bohlin’s expert eye.
Nationwide, 37 Elliman agents and teams closed 47 deals over $25 million, including the two most expensive sales in Connecticut history.
Dr. Ilori’s unique background in both real estate and psychiatry sets him apart as a valuable asset to the team.
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