Media Center

More and more, home sellers are giving in to the mounting pressure on affordability posed by June’s rapid mortgage rate hike, according to a new

Rental markets in some of the hottest US cities are showing early signs of cooling down. After surging 11.4% over the past 12 months, the median

Property tax assessments are complicated but important. They are among a family’s biggest expenses. They fund critical public services, such as schools, roads and police

Cedarland Development has purchased three multi-family apartment buildings in the Allentown area.  The historic properties include 35 units and were purchased for $4 million.  Azzaher

HUDSON VALLEY, NY — Certainly the pace of home sales has slowed down in the region — not a surprise given its overheated nature during

Amazon is seeking more than $124 million in tax breaks from Niagara County to support a distribution facility in the Town of Niagara, the anticipated

A Clarence contracting and development firm plans to clean up and reuse a largely vacant and polluted site along the Niagara River in North Tonawanda

WEST ELLICOTT – Target has filed a lawsuit challenging the tax assessment of the former K-mart store in West Ellicott where the company plans to

Air is hissing out of the housing bubble faster and faster every week. Pending sales plunged in June and the inventory of homes on the

The Common Council’s recent decision to retain GAR Associates LLC for a yearly “equity improvement project” is a giant leap forward for every property owner

The city of Oswego is preparing to do a full-scale revaluation and appraisal of its properties for the first time in over two decades. Tuesday,

The Olbiston Apartments in Utica will undergo a $67 million renovation after the building was deemed unlivable in July of 2021. The residents were forced

The Town of Amherst intends to create an urban renewal area covering the Boulevard Mall, and a wide swath of the neighboring commercial district, to

The last unit at Park Meadow Place in North Buffalo sold this week.  Ogiony Development and Jeff Bochiechio developed the four-unit townhouse development located at

Homeowners’ demand for self storage has been growing in the nation’s largest metros. While the industry has always helped with moving and decluttering, lately, it’s

City assessor says it makes more sense to homeowners. After 10- and 11-year gaps between assessments, city officials are considering contracting with GAR Associates for

Property sales were $39.4 billion in April, which was down 16% compared with the same month a year ago, according to MSCI Real Assets. The

Pretium founder and CEO Don Mullen signals the U.S. consumer is pushing back against inflation and higher costs in the housing market. Baby boomers and

Will apartments and townhouses be built on the Wilton Mall land? A vote has moved the plans closer to approval but some residents highly oppose

After decades of work, advocacy, phone calls, letters, emails, and meetings with countless state representatives, the “Condo Bill” has passed both chambers of the New

Buffalo will begin employing frequent revaluations so that property values are closer to 100%, Mayor Byron W. Brown has vowed. The net effect is that

Not content with having three housing and mixed-use projects already underway in Buffalo, Cedarland Development is ready to undertake its first large industrial venture, with

Developer Anthony LoRusso is hoping to double-down on the success of his new micro-apartment buildings on Buffalo’s Lower West Side, as he pursues a similar

Dear Editor: In 2016 the Town of Ossining underwent an important and much needed reassessment project. All properties were assessed at 100% of full market value. It

Work on the Statler’s upper floors is underway.  Dumpsters and demolition chute on the building’s northern façade are like a yellow umbilical cord, a sign

A blazing-hot housing market is starting to cool across the U.S., a sign of hope for potential homebuyers who have spent months shopping for a

Westend61 | Westend61 | Getty Images In this competitive housing market, buyers are willing to make some concessions to either cut costs or land their