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Property management is the operation, control, maintenance, and oversight of real estate and physical property. This can include residential, commercial, and land real estate. Management indicates the need for real estate to be cared for and monitored, with accountability for and attention to its useful life and condition.
The New York State Division of Housing and Community Renewal (DHCR) is an agency of the New York state government [1] responsible for administering housing and community development programs to promote affordable housing, community revitalization, and economic growth. Its primary functions include supervising rent regulations through the State ...
The Real Estate Board of New York (REBNY) is a trade association for the real estate industry in New York City. Formed in 1896, it has been dubbed "the leading trade group advocating on policy changes in the real estate industry". Its current president is James Whelan. [1]
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A multiple listing service (MLS, also multiple listing system or multiple listings service) is an organization with a suite of services that real estate brokers use to establish contractual offers of cooperation and compensation (among brokers) and accumulate and disseminate information to enable appraisals.
A&E Real Estate president, Maggie Brunn, stated in The New York Times : ‘When an apartment has been lived in for 20 or 30 years, those limits don’t even come close to the actual costs of rewiring, plumbing and the basic improvements you’d need to rent an apartment that a family would be proud to call home,’ [Brunn] said.
Steven Croman is a real estate owner in New York City. In 1990, Croman incorporated the management and brokerage firm Croman Real Estate (later rebranded to 9300 Realty) and quickly grew his business, owning 20 buildings by the end of the decade and 150 buildings by 2016, mostly in Manhattan's East Village.
The HSTPA also instituted a number of new protections for residents of mobile homes. [13] Furthermore, the law permits other New York municipalities to institute their own rent regulations. [10] In addition, the HSTPA – unlike its predecessors, which had to be renewed – is permanent. [13] [14]