An account from Mukul “Micky” Lalchandani, an on-the-ground perspective in the life of a New York City real estate agent and how he is navigating through the pandemic as it relates to real estate.
While in many places around the country, and even across the world, it is not customary to have a buyer's agent, but New York City is unlike most markets. With over 900,000 buildings, no one home is created equal. e So here I lay it all out for you. You be the judge.
New York saw a 14.3% uptick in purchase loan applications—the biggest in the country, while Illinois, Florida, Georgia, California, and North Carolina also saw double-digit jumps for the week. (Forbes)
I'm renting in a co-op building and want to move out, but my building says no moves are allowed now because of Covid-19. Can the building really do this? Do I have any recourse? (Brickunderground)
As part of the New York Forward Reopening Plan and Guide, Governor Cuomo has launched a regional monitoring dashboard, which tracks whether regions are meeting the seven metrics required to begin phased reopening. Our team will be sure to keep a close eye on these metrics to ensure we are ready to restart our industry when our public health crisis has neutralized. You can visit the Regional Monitoring Dashboard here. (REBNY)
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