Whoever wins the NYC mayor’s race faces a worsening housing crisis, affordable developers say

… New York Citys affordable housing developers are gearing up to build under a new mayor … Section 8 housing vouchers which pay part of a tenants rent according to a July report from the New York City …

By Celia Young |October 16, 2025 - 10:30AM
What is the certificate of occupancy and why is it such a big deal?

… bank isnt going to approve your mortgage  And if youre a tenant and find out the apartment doesnt have a C of O you … a C of O is granted At least one of these documents is required to occupy a building legally so  except in rare … DOBs Professional Certification Program you can receive the application approval and permit within one to two days  If …

By Evelyn Battaglia |October 7, 2025 - 2:00PM
20 crucial questions for buying a new or pre-construction condo in NYC

… units which could mean the building will become a hybrid rentalcondo If a new condo building has slower sales the … and decide whether they want to live in a residential condominium managed and operated by a developer for the … meets Fannie Maes specifications and stays on afterward On average mortgage rates for new developments arent any higher …

By Evelyn Battaglia |September 17, 2025 - 12:30PM
Cheap trick: How much you can save when buying an older property in NYC

… Buying an apartment in New York City can mean breaking the bank … 15 percent higher than the $995000 median price for older units per PropertyShark Thats in part due to a development …

By Celia Young |September 4, 2025 - 11:30AM
New development is rapidly transforming Gowanus. Here’s what renters and buyers can get

… between Park Slope and Carroll Gardens you might think that real estate developers active in Gowanus would be touting its … in its own rightand the canal is significantly cleaner Many renters are paying a premium to live in fully amenitized new …

By Jennifer White Karp |May 21, 2025 - 10:30AM