In Sunset Park, Brooklyn, residents are challenging a new development, charging it won't create jobs for those who currently live in the neighborhood.
By Sophie Kasakove (pcmag.com) Amazon’s withdrawal appeared as a harbinger of a new era of development in New York—one of heightened scrutiny and community involvement. The city council already seems to be embracing the moment: in a January report to the city’s charter revision commission, the council called on the charter to create a comprehensive […]
Block associations are groups of residents who decide to collaborate to strengthen a block or area.
By Alanna Schubach (brickunderground) We New Yorkers are not necessarily known for our neighborliness—according to New York magazine, we’d rather “endure an electric shock” than run into the strangers who share our apartment buildings and blocks. But our supposed aloofness doesn’t hold up when you consider the prevalence of block associations throughout the city—this list, […]
Real estate is a great way to grow your wealth because asset tends to appreciate over time.
We have often seen in the media, celebrities’ rags-to-riches-to-rags stories. It is unfortunate that some people can earn an adequate amount of money, more than the average American, only to squander it on commodities, or sometimes they, unfortunately, fall on hard times. Real estate is a great way to grow your wealth because asset tends […]
As a buyer or seller, you should know who to call to manage each aspect of the transaction.
By Equity Smart Realty Before you buy, sell or invest in real estate, know your role and know your goal. There are multiple participants in a typical real estate transaction: the buyer, seller, their respective attorneys, and the title company. Many homeowners seek the assistance of a real estate broker to negotiate the sales price […]
Some facts to keep in mind when you sell your home.
By Equity Smart Realty In most cases, gains from sales are taxable. But did you know that if you sell your home, you may not have to pay taxes? Here are ten facts to keep in mind if you sell your home this year: Exclusion of Gain. You may be able to exclude part or […]
If you are a tenant of a multiple dwelling unit, you should know your rights when offered a buyout, when you are facing a rent increase and when your lease is facing termination.
Throughout New York City, tenants of multiple dwellings have found themselves making the critical decision of whether they should accept a buyout for their rent-stabilized apartment. Rent stabilization usually applies to buildings with 6 or more units, although there are exceptions. What Landlords have realized is that tenants with rent-stabilized leases typically have lower than […]
Although segregation is illegal, realtors and landlords are still abiding by the past policies that allowed discrimination against minorities, especially African Americans, from buying homes and apartments.
“Wealth is where past injustices breed present suffering,” says author Mehrsa Baradaran, in the Netflix Explained series. The racial wealth gap is “a measure of the white family and the African American family that is right smack-dab in the middle, the median. The median white household’s wealth – their savings plus assets minus their debts […]
So, while the simple answer to whether color influences buying decisions is a qualified yes, there is more
to the story.
Color psychology is not an exact science, but there are basic principles that marketing pros use to sell everything from greeting cards to automobiles. Much of it has to do with color. Yes, the colors you put on your walls, or on your front door, can help clinch a home sale! Humans have emotional reactions […]
Do you have enough money for a down payment? Can you afford the monthly mortgage payments? How much are your debts? What is your credit score? And can you fix your own leaks?
By Tatyana Bellamy – Walker, Special to Workers World Today For Caribbean-immigrant households, buying their first home can be the pathway to stability. Many Caribbean immigrants first came to the United States during the early 1900s, bought brownstones in largely white neighborhoods in Harlem and Brooklyn, then anchored dozens of generations. According to a report […]
"The surge in construction prices is coming at the worst possible time for booming cities like New York, Seattle and San Francisco, already dealing with an affordable-housing crunch that has increased the homeless populations and stoked acrimonious debates about growth and gentrification. City and state legislators have tried to tackle their housing problems with proposals to increase subsidized affordable housing, reduce building regulations and make it legal to build taller." - The New York Times
By Conor Dougherty The New York Times VALLEJO, Calif. — California is in the middle of an affordable-housing crisis that cities across the state are struggling to solve. Rick Holliday, a longtime Bay Area real estate developer, thinks one answer lies in an old shipyard in Vallejo, about 40 minutes northeast of San Francisco. Here, […]