New home sales crush expectations, but the supply is running out
Exceptional demand for new and existing homes, brought on by the stay-at-home culture of the coronavirus pandemic, has the housing market severely depleted. Sales of
Exceptional demand for new and existing homes, brought on by the stay-at-home culture of the coronavirus pandemic, has the housing market severely depleted. Sales of
The housing market in August resembled a game of musical chairs, as high home prices and low mortgage rates began to draw more sellers to
Severyn Development has two residential developments underway within the Oxford Triangle neighborhood. Two new homes are being constructed at 30 and 34 Horton Place. A
A stunning waterfront compound in East Hampton is in contract for around $70 million, sources tell Gimme Shelter. If it sells for that price, it
JOHNSTOWN — The Fulton County Board of Supervisors recently agreed to the county assisting two legal defense cases involving assessment challenges in the Glove Cities.
Premium PPE plans to invest $4.5 million into opening a personal protective equipment facility in Amherst that will create 25 jobs, according to the New
Homeowners in New York state got used to receiving a second STAR property tax break check in the fall. But this year, the state is
The state’s highest court this week dismissed an appeal that sought to reform New York’s property tax system. The New York Court of Appeals did
Syracuse, N.Y. — City lawyers recently agreed to lower the assessment on National Grid’s iconic downtown building, saving the company nearly $18,000 a year in
A divisive $31.5 million plan to convert a senior housing complex in Williamsville into mixed-income apartments has narrowly received its final go-ahead. The village Planning
The Benjamin Franklin Hotel was the last large hotel constructed in Philadelphia before the Great Depression. Names after founding father and local resident Benjamin Franklin,
Detroit celebrated the reopening of the Book Cadillac hotel in 2008. The circa-1924 property, designed by Louis Kamper and vacant since 1984, was renovated at
The deadliest pandemic in more than a century has failed to derail the housing market because of the lowest mortgage rates ever recorded coupled with
Kathleen and Jimmy Flynn did something in June many would have thought unthinkable before the pandemic. The California couple placed a bid and signed a
Northwest Bank plans to close about 20% of its branches in December – including three in the Buffalo area – amid a greater customer shift toward using technology. The
Almost 2 million U.S. renters that currently can’t comfortably afford to buy an entry-level home in their current metro area could potentially afford the nation’s
CHEEKTOWAGA, N.Y. — The owner of the Victoria’s Secret, Pink and Bath & Body Works stores in Walden Galleria says it doesn’t owe rent for
TOWN OF ULSTER, N.Y. – Town Board members have settled three tax sessment cases with lower values on the properties without having to refund previous
WASHINGTON (September 22, 2020) – Existing-home sales continued to climb in August, marking three consecutive months of positive sales gains, according to the National Association
(The Center Square) – Taxpayers in New York turn over 13.8 percent of their income per capita to state and local governments, the highest percentage among the
Over three days in late July, a three-bedroom house in East Orange, N.J., was listed for sale for $285,000, had 97 showings, received 24 offers
Most Americans are generally familiar that there is a “pecking order” when it comes to government. The federal government sits at the top, then come the states
A single-family residence at the corner of Meadow and Middlesex roads has sold for $2.709 million, a city record. Amy and David Wilson bought the
An historic building in the Joseph Ellicott Historic District has a new owner. Stewart Title Insurance Company has sold the three-story building located at 130
Buffalo’s tallest building is getting a whole new vibe. From a new lobby bar to an extensive food court, from a clubhouse to restaurants, the
Here’s a whopper of a deal. A Dallas-based real estate investment trust has completed its purchase of three local Burger King restaurants as part of
NEW YORK — Vacant storefronts and empty shops are becoming a common sight on New York City streets. A business in Park Slope isn’t going
Lord & Taylor will be liquidating all 38 of its stores and going out of business. The company, which was bought last year by the
The pandemic has already caused a mini-exodus out of New York City, and with lower taxes, lower interest rates, and — for the wealthiest among
Appeal from a judgment and order (one paper) of the Supreme Court, Ontario County (John J. Ark, J.), entered January 28, 2019 in proceedings pursuant