Tag: co-ops

Queens and Brooklyn see price increases as Manhattan’s median home price tumbles: report

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Feb. 28, 2025 By Ethan Marshall As New York City experienced a large year-over-year increase in the number of homes to enter contract in January 2025, the median prices of homes entering contract went down, with the drop in Manhattan more than cancelling out increases in Queens and Brooklyn, according to a report by…

Op-ed: The better path to environmental sustainability for co-op, condo owners

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Dec. 7, 2023 By Former U.S. Congressman Tom Suozzi Climate change is real and we must take aggressive proactive steps to address it, but we can’t bankrupt working and middle class co-op and condo homeowners in our efforts to make change. New York City Local Law 97, with its unforgiving timelines and heavy fines, endanger the housing security of working and middle-class families who have invested their life savings into their co-ops and condos all over Queens, from Whitestone to Bay Terrace. Residents are concerned about the financial squeeze placed on them by the strict emissions caps and steep penalties…
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