Rent in New York City could soon increase by 2% to 5%

May 3, 2023

THE New York City panel charged with regulating rents across nearly one million rent-stabilised apartments gave preliminary approval on Tuesday (May 2) to some of the largest increases in years.

Written by: sherwin@eyeconz.com

Real Estate News May 3, 2023

World’s tallest ‘hemp hotel’ trails South Africa’s green credentials

WITH 12 storeys, a breathtaking view of Cape Town’s imposing Table Mountain and a minimal ecological footprint, the world’s tallest building made with industrial hemp is set to soon open its doors in South Africa.

Swedish home construction set to plummet this year, Nordea says

SWEDISH home construction is likely to plummet in the wake of falling housing prices, weighing heavily on the Nordic country’s economy, Nordea Bank Abp said in an outlook report.

Real Estate News May 9, 2023

New York’s smallest businesses face big rental hikes

THREE years after the pandemic flattened the Manhattan office market and the commercial ecosystem that depended on it, small businesses in the other boroughs are facing the biggest rent increases in the city. The burden is landing mostly on store owners in predominantly Black, Latino and Asian neighbourhoods, according to a new analysis of Department [...]

Since most property valuation is derived by a neighbourhood of reasons, we felt that there are no better ways of informing our clients than making sense of current affairs. We advise buyers and sellers throughout your real estate purchase or sale process, ideally looking out for you. Contact Us!

Rent in New York City could soon increase by 2% to 5%

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Swedish home construction set to plummet this year, Nordea says

New York’s smallest businesses face big rental hikes

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Since most property valuation is derived by a neighbourhood of reasons, we felt that there are no better ways of informing our clients than making sense of current affairs. We advise buyers and sellers throughout your real estate purchase or sale process, ideally looking out for you. Contact Us!