Municipalities Should Review Comprehensive Plans And Update Them In light Of COVID Real Estate Boom
As devasting as COVID has been, there have been economic silver linings for Rockland County such as the ongoing residential real estate boom driven by New York City residents relocating to the Hudson Valley. But this residential boom, which entails a demographic shift, could unlock economic development opportunity that many have yet to appreciate. To quantify the residential real estate shift, we looked to Joseph Rand of Howard Hannah Rand Realty. He states that sales are at
Help’s On The Way For Tenants/Landlords But More Is Needed
Help is on the way for landlords and tenants who’ve been negatively impacted by the pandemic. Reports consistently reveal more than 50 percent of tenants have not timely paid rent. Without rental income, landlords are unable or compromised when it comes to paying their tax and mortgage obligations. To stem the burgeoning crisis, both the Federal and State government have stepped in to offer some relief to both tenants and landlords. On March 16, New York courts temporarily su
