The FOMC held rates steady at 3.50%-3.75%, although three officials voted in favor of a rate hike, underscoring continued concerns about inflation and the evolving economic outlook.
Fed Holds Rates Steady at 3.50%–3.75% as Three Officials Vote for a Hike : Capital Markets Monthly
JUL
31
At its July meeting, the Federal Open Market Committee (FOMC) maintained the target range for the federal funds rate at 3.50% to 3.75%. However, three members voted against the policy, preferring to increase the target range by one quarter percentage point.
Two Adjacent New Construction Buildings with 421a Tax Abatements: 1525-1527 Bryant Avenue
JUL
15
100% Turn-Key Opportunity: Two pristine, newly constructed multifamily properties completed just this year. With TCO fully secured, you bypass all construction delays and acquire a true turn-key asset ready for immediate occupancy and cash flow.
A Rent Freeze Is Not a Housing Strategy Forbes
JUN
30
In his latest Forbes article, Shimon Shkury, President & Founder of Ariel Property Advisors, examines why the annual RGB process is increasingly reflecting political pressure rather than addressing the structural challenges facing the rent-stabilized housing stock.