Mall Values Plunge 60% After Reappraisals Triggered by Bad Debt
U.S. mall values plunged an average 60% after appraisals in 2020, a sign of more pain to come for retail properties even as the economy
March 23, 2021
U.S. mall values plunged an average 60% after appraisals in 2020, a sign of more pain to come for retail properties even as the economy
A federal judge on Friday dismissed a lawsuit against the city of Detroit over the late delivery of more than 260,000 residential property tax notices
You have probably heard by now that power couple Kim Kardashian West and Kanye West are divorcing, so naturally one of them needs to find a new place to
WALWORTH, N.Y. (WHEC) — “An egregious increase” is how one Walworth homeowner described the spike in her home’s assessed value, which she received in the mail
LOS ANGELES (AP) — The red-hot U.S. housing market is paying off for many homeowners, even those who aren’t looking to sell their home. On
As part of our ongoing efforts to innovate and provide our clients with best in service products, we are proud to announce the launch of
The exterior of the southern wing of 1111 Elmwood looks nearly finished as work continues on the northern section of the complex. Chason Affinity Companies
WASHINGTON — At a meeting with Treasury Secretary Janet L. Yellen last month, Jeff Williams, the mayor of Arlington, Texas, laid out his grim economic
Amherst officials and owners of the former Westwood Country Club tentatively have agreed to financial terms on a land swap that could launch $300 million
CHEEKTOWAGA, N.Y. (WKBW) — 83-year old Melanie Ikrygier-Lamastra, a Cheektowaga property owner, isn’t holding back when it comes to voicing her frustration over the reassessment
WASHINGTON D.C., DC — Cities, towns, and villages in Erie and Niagara counties could be getting millions of dollars in COVID-19 relief if the president’s
For the first time ever, you can buy your very own 3-D-printed house — for only $299,999. This three-bedroom, two-bathroom house with a two-car garage
Zillow Surfing just got an upgrade. Zillow Group on Wednesday rolled out a new feature for its virtual tour experience that uses machine learning to
WASHINGTON (February 25, 2021) – Pending home sales took a step backward in January as inventory constraints continue to hold back prospective buyers, according to
BATAVIA — The purchase of the Hotel at Batavia Downs for up to $8 million has the blessing of the Western Regional Off-Track Betting Corporation
The Town of Amherst is bringing activity back to a long-vacant former site of a gas station in Eggertsville. A pop-up market will operate each
With Covid-19 disrupting so much of Buffalo Niagara’s everyday life and its economic foundation, getting back to normal won’t happen overnight. We asked a group
If there’s one burning question that real estate agents share as 2021 begins, it’s a simple one: When will the home sellers return? Unfortunately, there’s
Working together to provide equity and save $2M in Washington County Congratulations to Washington County and the Towns of Dresden, Easton, Fort Edward, Jackson, Salem,
A Binghamton area auto dealer announced Wednesday that the company purchased five Fuccillo dealerships in western and central New York. Fuccillo Hyundai and Kia, both
Larkin Development Group’s Mill Race Commons is an attractive addition to Seneca Street. The five-story building is being constructed at the southeast corner of Seneca
LONG ISLAND (WABC) — A coalition of New York State Senate Committees is calling for comprehensive legislation to reform the state’s real estate industry after
“We’re in the fight of our lives on so many fronts,” said David Hart, Hart Hotels Inc. president and CEO. BUFFALO, N.Y. — Stalled and
Alden State Bank plans to open its third branch, in Clarence, in the second half of this year. The bank has received the green light
GUILDERLAND — In what appears to be an attempt to hold Crossgates Mall accountable for every penny of the $139.2 million reduction it’s seeking on
The housing market was a spectacular surprise in 2020—and the positive trend will continue this year. Home sales in 2021 are expected to rise by
Washington developer Douglas Jemal is once again challenging the tax assessment on one of his major properties – this time, the closed Hyatt Regency Buffalo that
After five consecutive months of gains, closed sales of existing homes turned lower in November. They fell 2.5% on a month-to-month basis to a seasonally
What is Build-to-Rent? Since the Great Recession, the number of owner-occupied properties has decreased by 1.4% (2006-2016). Meanwhile, single-family rental (SFR) homes accounted for more than
These five metro areas are destined for a strong showing this year, according to the contractors that work in them. Last year saw some construction
