Category: Public Policy

Brexit? What does it mean for the New York City real estate market?

Today, the UK is voting to either remain or leave the European Union. Most experts predict they will vote to stay. But you never know until voters cast their ballots in a nationwide referendum. We discussed Brexit recently on our weekly radio show, Stribling’s New York, with mortgage expert, Melissa Cohn of MC Home Loans. Listen here. Brexit is short for “British Exit” from the...

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What New York City neighborhoods are more affordable for buyers?

Where should I buy a condo as a good investment? Bed-Stuy & Greenpoint Prices Per Sq. Ft Rise while Downtown Brooklyn & Brighton Beach prices per square foot fall. Clients, buyers/investors ask me all the time where is a good neighborhood to buy real estate. Where in “next” New York City neighborhood where prices will appreciate in the new few years. Where would buying a condo...

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New York City Council Approves East New York Rezoning Plan

Will New York City actually build enough affordable housing? The New York City Council on Wednesday, by a vote for 45 to 1, approved rezoning for East New York. This is significant since it is a major component of Mayor Bill de Blasio’s affordable housing plan. The Real Deal reported that the rezoning will generate 6000 more apartments. The rezoning legislation includes mandatory...

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Hub on the Hudson?

New York City could always use more open green space. It a city of over 8 million people packed in like sardines, more parks are welcomed. (In Manhattan around 1.626 million people are crammed into 22.82 sq miles.) We need better and improved infrastructure. The city also needs to utilize access to the waterfront. Many New Yorkers may not want these fancy new proposed public-private...

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