STATEMENT: On First Day in Office, Trump Makes it More Expensive for Americans to Buy a Home – Center for American Progress

.entry-header Washington, D.C. — After being sworn into office today, the administration of President Donald Trump moved to raise Federal Housing Administration, or FHA, premiums for new homebuyers by 25 basis points. This action, which reverses an Obama administration move to lower premiums by 25 basis points, will cost a new homebuyer an additional $500 on their…

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City’s Affordable Housing Lotteries Favor Young Single People, Stats Show – Upper East Side – DNAinfo New York

Roughly 41 percent of winners from 48 HPD lotteries between 2013 and 2015, were between the ages of 25 and 34, and 48 percent were single, HPD numbers show.View Full Caption Shutterstock/Leonardo da NEW YORK CITY — Young, single New Yorkers were more likely to win affordable housing lotteries run by the Department of Housing Preservation and Development from 2013…

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The Serial Subletter – NYTimes.com

Real Estate | Renters The Serial Subletter By JOANNE KAUFMANSEPT. 30, 2016 close story-meta-footer close story-meta Photo Susannah Vila is forever on the move, apartment-wise. Credit Tony Cenicola/The New York Times Susannah Vila lives in a large studio on the parlor floor of a townhouse in the East Village, but who’s to say how long…

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Fabric Stores Close as Garment District Landlords Hunger for Restaurants – Garment District – DNAinfo New York

Garment District ClosingsView Full Caption GARMENT DISTRICT — A trio of longtime fabric stores on West 39th Street will close by the end of the year — and a fourth will leave its longtime storefront — as Garment District landlords set their sights on higher-paying nightlife tenants, owners and real estate experts said. Paron Fabrics at 257 W. 39th…

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The Port Authority of New York and New Jersey wants to sell 1 World Trade Center | Crain’s New York Business

  inheritedlink: /apps/pbcs.dll/article?AID=/20160904/REAL_ESTATE/160909960&utm_campaign=socialflow&utm_source=facebook&utm_medium=social&template=rwd& morning10: One World Trade Center sits at the heart of America’s most hallowed ground, a 1,776-foot-tall icon that concretely testifies to the city’s rebirth after Sept. 11, 2001. But as an investment for its owner, the Port Authority of New York & New Jersey, it has been a bust. Fifteen years after…

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