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Policy & Regulations

Do New Yorkers Need To Worry About Sinkholes? The Rise of the Sinkhole in NYC

On an unassuming Monday in late July, a sinkhole formed in the Bronx. Attributed to a collapsing sewer beneath street level, the sinkhole managed...

NYC Housing Far Behind Future Requirements, Inefficient Approval Process Part of the Problem

NYC Land Use Approval Takes 2.5 Years, Report Finds Covid and public safety stole the national headlines and news coverage when Eric Adams ran for...

Affordable Housing for HIV/AIDS Survivors and their Families at The Lirio Meets Opposition

Located in Hell’s Kitchen in Manhattan, the Lirio offers unique, affordable housing for HIV/AIDS survivors. This area of the city has the highest concentration...

How the Carried Interest Tax Loophole Benefits Wealthy Real Estate Investors 

A renewed push to eliminate the carried interest tax loophole officially died on Friday, August 5th, as Arizona Senator Kyrsten Sinema, the lone democrat...

In NYC, Debate Over Affordable Housing Emerges

New York’s 421-a program utilized tax breaks as an incentive for developers to construct affordable housing. The controversial program expired on June 15 with...

How “Scabby the Rat” Became a Powerful Union Symbol

What do the Rats Mean in NYC? You may have seen him on street corners and standing fierce guard over picket lines all over the...

Mayor Adams Hopes to Incentivize More Affordable Housing Development With New Zoning Laws

In NYC Mayor Eric Adams’ most recent $99.7 billion budget proposal, he carved out $5 billion of funding for affordable housing. When speaking on...

Realtor Commissions Under Investigation in the U.S. and Canada 

The U.S. Justice Department recently took action to investigate American realtor commissions. Following in the footsteps of their southern neighbors, Canada’s government may similarly...

The Legality of Running a Business from Your Home

Running a business from the comfort of your residence comes with several perks: you save time on your commute, you have easy access to...

Realtor Commissions Under Fire with Two New Cases That Threaten Agents’ Livelihood

Last week, The Real Deal reported a game-changer in one lawsuit that so far has only been a distant threat to real estate agents,...

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