Hochul takes aim at institutional housing investors and rent-fixing software in State of the State

Governor Kathy Hochul announced plans to curb the ability of … across the state and to ban the use of software to set rents in her State of the State address on Tuesday … Corporate landlords coopt our housing stock for shortterm rentals Hochul said Or even worse they just let homes sit …

By Celia Young |January 15, 2025 - 11:15AM
Need a mortgage to buy a NYC apartment or house? Read these FAQs first

… If youre looking to buy in New York City chances are you need a mortgage to afford to buy a place In most cases it works like this Youll need to … of the loanunless you sell in which case the bank will take whats owed to them from the sale But thats not the only type …

By Emily Myers |December 9, 2022 - 12:30PM
For some divorcing couples, the family home is now worth too much

… The New York City real estate markets unexpectedly fast comeback is making … exes out of the marital home but can no longer afford to do so And for those who need to find a place to rent it is tougher than ever to track down an apartment near …

By Jennifer White Karp |April 28, 2022 - 3:30PM
Your mortgage appraisal came in low. Ouch! Here are your options to keep the deal on track

… often but one of the scariest gutpunch moments when youre buying is when a mortgage appraisal comes back too low … rare it can happen in a couple of different scenarios Buyers who have lost out on several apartments may bid more … … Ask the appraiser to reconsider … A buyer can request whats called a reconsideration of valuewhich means you are …

By Jennifer White Karp |September 21, 2021 - 2:30PM