2025 NYC real estate forecast: Buyers and sellers tango, renters hold their breath

… not only raise rents and make it harder for tenants to find housing but it also infringes upon constitutional guarantees … of city residents and maintain an irrational practice that nearly every other big city in the country does not allow … The plan comes with $5 billion in investments for affordable housing development and preservation among other …

By Jennifer White Karp |January 2, 2025 - 12:30PM
Seller financing: To get deals done, some owners give loans to buyers. Here's how it works

… but New York City brokers say it is neither Instead seller financing a rare yet creative way to fund a deal is … or 10 years with a final balloon payment at the end … When owners must sell no matter what … A seller client of … seller financing was an effective way to distinguish their apartment from almost all of the others competing with it he …

By Jennifer White Karp |December 29, 2023 - 3:30PM