June 18, 2025 - 21:34
New York City has long been a sanctuary for working-class immigrants, but it now holds the title of the most expensive city in the United States. The escalating costs of living and rising rents have transformed the landscape, where homes are increasingly viewed as investments for the ultra-wealthy rather than as essential living spaces for everyday people.
As the mayoral race heats up, housing affordability has emerged as the central issue for candidates vying for the city's leadership. Many residents are feeling the pressure as their wages fail to keep pace with soaring rents, leading to a growing sense of urgency among voters.
Candidates are now faced with the challenge of addressing the needs of a diverse population, with calls for policies that prioritize affordable housing and equitable development. The influence of real estate developers has come under scrutiny, as many residents question whether their interests are being prioritized over the needs of the community. The outcome of this election could significantly impact the future of housing in New York City, making it a pivotal moment for both candidates and voters alike.
August 3, 2025 - 02:20
Navigating Capital Gains Tax on Home Sales After the Loss of a SpouseSelling a home after the death of a spouse can be an emotional and challenging process, especially when it comes to understanding the implications of capital gains tax. When a couple owns a home...
August 2, 2025 - 21:09
State Street's Departure May Leave Fort Point Building EmptyIn a significant shift, State Street Corporation`s decision to vacate its 11-story building in Fort Point could result in the property being left unoccupied. This move comes approximately four...
August 2, 2025 - 03:02
Major Loss for Anaheim's Axis Office Campus as It Changes HandsThe five-building portfolio located across from Angel Stadium on Rampart Street has recently been sold, marking a significant financial setback for the previous owners. Originally acquired in 2018...
August 1, 2025 - 00:33
KMS Realty Joins Forces with United Real Estate SpecialistsThe addition of KMS Realty significantly enhances United Real Estate Specialists` presence in the region and broadens the range of services available to clients. This strategic merger is expected...