Rise of all-cash deals in NYC reshapes the real estate market

… it is part of a trend that is reshaping the New York City real estate market While cash buyers represent half of all buyers in NYC cash deals are concentrated in Manhattan home to more …

By Jennifer White Karp |August 5, 2025 - 12:30PM
Want to buy an investment apartment to rent out? Here's what you need to know

… Most people cant afford to buy a New York City condo or coop as an … a hedge against inflation and hopefully turn a profit when you sell The NYC rental market is typically competitivethere are …

By Jennifer White Karp |June 24, 2025 - 1:30PM
Hochul takes aim at institutional housing investors and rent-fixing software in State of the State

… across the state and to ban the use of software to set rents in her State of the State address on Tuesday Affordability took center stage during Hochuls speech where … of Mayor Eric Adams who proposed creating more familysized apartments near schools grocery stores and libraries in his …

By Celia Young |January 15, 2025 - 11:15AM
If you need financing to buy AND renovate in NYC, here are the types of loans you can get

… subsequent renovation Fortunately acquisition renovation loanswhere the mortgage and renovation loan are rolled into oneare now easier to come by in NYC … homes where you can renovate additional units to provide rental income are a large part of this product type says Pat …

By Jennifer White Karp |February 9, 2024 - 9:30AM