NYC Is Spending $30 Million on One Grocery Store and the Math Does Not Add Up | Daily Tesla News
NYC taxpayers are about to spend $30 million on a single city-owned grocery store at La Marqueta in East Harlem. The math behind Mayor Mamdani's…
Tag: real estate news
Over 1 Million NYC CoOp and Condo Owners Just Formed a Group Because the City Has Been Ignoring Them | Daily Tesla News
A coalition of co-op and condo owners from across the five boroughs have formed Co-ops and Condos United of NY, a grassroots advocacy group representing…
You Need to Make $180,000 a Year Just to Afford the Median Rent in NYC | Daily Tesla News
According to Zumper's 2026 rent data, the median rent across all five boroughs of New York City is $4,500 per month. Using the standard 30%…
New York Has the Lowest Homeownership Rate of Any State in the Country | Daily Tesla News
New York State has the lowest homeownership rate of any state in the United States. According to The Real Deal, nearly 70% of New York…
Your Homeowner Insurance Is About to Jump 8% This Year and 8% Again Next Year | Daily Tesla News
Homeowner insurance premiums are expected to increase by 8% in 2026 and another 8% in 2027 according to estimates from Cotality. Insurance now accounts for…
Japanese Firms Just Bought 23 American Homebuilders and Are on Track to Control 6% of US Construction | Daily Tesla News
Japanese homebuilding companies have been acquiring American homebuilders at an accelerating pace. According to the Wall Street Journal, CNBC, and ResiClub, Japanese firms have acquired…
Brooklyn Homeownership Costs Now Eat 108% of the Average Paycheck | Daily Tesla News
ATTOM data reveals Kings County (Brooklyn) tops the national homeownership cost list at 108.6% of the average paycheck. With median listing prices exceeding $1 million…
56% of NYC Buyers Are Now Buying With a Co-Buyer Because They Cannot Afford to Do It Alone | Daily Tesla News
A 2025 Buyer Trends Survey by StreetEasy found that 56% of prospective homebuyers in New York City are now planning to purchase with a co-buyer.…
PMI Is Tax Deductible Again Starting This Year | Daily Tesla News
Private mortgage insurance premiums are tax deductible again on federal returns starting in tax year 2026. The deduction was reinstated permanently as part of the…
NYC Housing Inventory Just Hit a 30 Year Low | Daily Tesla News
New York City housing inventory has dropped to a 30 year low. Available homes fell 3.9% year over year, closed sales declined 10.8%, and homes…