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“In the latest real estate scam, homes are being sold behind owners’ backs. Here’s how.” A growing number of Canadians have fallen victim to a crime called total title fraud, in which scammers impersonate homeowners and sell their houses to unsuspecting buyers, then disappear with the profits. According to veteran insurance investigator Brian King, president and…
“The Move: Why this cramped Toronto couple made the move to Moncton” Living and working within 650 square feet was a squeeze for Julie Gauthier and Adrian Sampson. So they headed for New Brunswick. The buyers: Julie Gauthier, a 57-year-old retired flight attendant and her husband, Adrian Sampson, a 56-year-old personal trainer. The budget: $250,000…
“The Move: Why this cramped Toronto couple made the move to Moncton” Living and working within 650 square feet was a squeeze for Julie Gauthier and Adrian Sampson. So they headed for New Brunswick. The buyers: Julie Gauthier, a 57-year-old retired flight attendant and her husband, Adrian Sampson, a 56-year-old personal trainer. The budget: $250,000…
“here’s REAL state of New York” Lee Zeldin lifted Republican turnout across New York, helping the GOP retake the House while coming closer than anyone had in decades to defeating a Democratic governor. Here is his response to Kathy Hochul’s State of the State address. The State of our State in New York should be…
“Hochul plans to force building of affordable housing on Long Island” Gov. Kathy Hochul wants to spur the construction of 800,000 units of affordable housing in and around New York City — and especially on Long Island — by letting state officials overrule the development decisions of local governments. In her State of the State…
“Eric Adams backs NYC recommendations to convert office space into new housing” With in-office workers still slow to return to pre-pandemic levels, New York City Mayor Eric Adams on Monday unveiled his push to convert a big chunk of that underused office space into new apartments for New Yorkers. Touting the recommendations from a city-led…
“Why Adams’ ‘moonshot’ housing plan needs private sector support” Last fall, New York’s Department of City Planning (DCP) proposed ambitious zoning changes intended to break the regulatory logjam that stops the city from getting the housing it needs. That was followed by a flurry of additional announcements, including Mayor Eric Adams’ “moonshot” goal of 500,000…
“Rent-control deal poses conflict of interest for Linda Rosenthal” Assembly Speaker Carl Heastie this week named Linda Rosenthal to chair the new Housing Committee, which gets her an added $12,500 stipend on top of the new $142,000 base salary — and also sets up a blatant conflict of interest, since she’s lived in a rent-stabilized…
“How extreme rent rules deepen NYC’s housing crisis” A new state report shows that New York’s rent laws are deepening the city’s housing crunch. The state Office of Rent Administration found that more than 30% of all rent-stabilized apartments in New York City have “preferential” rents, meaning ones lower than the landlord is legally allowed…
“Manhattan home prices drop 5.5% — the first decline since pandemic” Manhattan apartment prices fell 5.5% year-over-year in the fourth quarter of last year — the first time that residential real estate values in the borough dropped since the second quarter of 2020. In the last quarter of 2022, co-ops and condominium apartments in Manhattan…