March 2026

New Co-op Application Review Timelines Take Effect July 28, 2026

Beginning July 28, 2026, most cooperative (“Co-op”) buildings in New York City with 10 or more residential units will be subject to new review timelines under Local Law 58 of 2026. Acknowledgement of Receipt (Within 15 Days) Once a prospective purchaser/transferee or their agent submits an application: If the co‑op fails to acknowledge within 15
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Why Fewer Young Americans Own Homes: It’s About Marriage, Not Just Money

The main reason fewer young Americans own their homes today compared to prior generations is that they’re not getting married at the same rate. Today, only 46% of 30-year-olds are married, compared to 89% at the peak in 1970. These would-be couples are instead single and often living with their parents. The data suggests that
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Alexander Vladimirov