Found 2 blog entries tagged as New York City.

A ‘Mamdani Migration’ to Westchester County?

There’s been a surge of media hype around the idea that residents of New York City might flee following Zohran Mamdani’s victory. The speculation hasn’t just pointed to far-away destinations like Florida or the Carolinas, but also to nearby suburban hubs such as Westchester County, which could become an appealing landing zone for households looking to exit the city while remaining in the broader metro area. I looked into the polls that the media has been citing, and here’s what I found:

  • Victory Insights Poll (10/22 - 10/23)

    500 very likely NYC voters:

    • 26.5% would consider leaving NYC if Mamdani won.

    • 68.4% would stay.

    • …

426 Views, 0 Comments

Read Full Post

NYC Council Passes ‘Broker Fee Bill’

New York City Broker Fee Bill

The New York City Council has passed the Fairness in Apartment Rentals (FARE) Act, shifting the responsibility of paying broker fees from tenants to landlords. The legislation, approved by a 42-8 vote, aims to alleviate the financial burden on renters by prohibiting brokers from charging fees to tenants when representing landlords exclusively. The bill is set to take effect 180 days after passage, pending any veto from Mayor Eric Adams.

  • The Real Estate Board of New York, the New York Association of REALTORS®, and The Hudson Gateway Association of REALTORS® have strongly opposed the bill.

  • The FARE Act does not affect rental policy in Westchester County.

Ralph’s…

474 Views, 0 Comments

Read Full Post