Celia Young

4 days ago | brickunderground.com | Celia Young

The Search By Celia Young  | Assuming the FARE Act goes into effect on June 11th, renters signing leases after that date will see an upfront financial obstacle removed. iStockJune 11th. That’s the day New York City renters could be free from paying a broker fee for agents who work on behalf of landlords—a longstanding practice that has frustrated legions of renters.

2 weeks ago | brickunderground.com | Celia Young

Co-ops By Celia Young  | A parapet is the part of a roof that extends beyond a building’s roof line. iStockIf you’re on a New York City co-op or condo board, or the owner of a rental building or townhouse, it’s time to have your parapet inspected. Almost all NYC properties need to have their parapets checked for unsafe conditions under Local Law 126, the same law that mandates parking garage inspections.

2 weeks ago | commercialobserver.com | Celia Young

Private Equity Firms Pull Back on Investing in U.S. Hotels Photo: AFP via Getty Images This year was supposed to belong to the hotel industry — or at least 2025 was supposed to be a better one than 2024. Then came Liberation Day. Over the past month, hospitality investors have been rattled by President Donald Trump’s tariff policy, which triggered whiplash in the stock markets as Trump pivoted — and then pivoted again … and again — on the exact extent and amount of these tariffs. And, as the...

3 weeks ago | brickunderground.com | Celia Young

Roommates + Landlords By Celia Young  | Good Cause Eviction gives New York City tenants a right to challenge a rent increase above 8.82 percent this year. iStockThousands of tenants across New York City are entitled to smaller rent increases this summer under a new law, Good Cause Eviction, which passed in last year’s state budget. Now, finding out if you’re covered by the law just got a little easier.

4 weeks ago | brickunderground.com | Celia Young

Renovation By Celia Young  | U.S. Customs and Border Protection collected $500 million in tariffs between April 5th and April 14th, according to CNBC. iStockThe Trump administration’s new tariffs on foreign goods have rattled the stock market, raised the risk of a recession, and triggered at least one lawsuit. Now, they’re coming for New York City’s real estate market.