Monthly Archives: September 2013

That 70’s Problem

The City released the second annual report on building energy benchmarking, Wednesday, establishing from two years worth of data that individual building usage is generally consistent. Apartment buildings built in the 1970s seem to have the worst energy performance in … Continue reading

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No More Money

HUD announced this week that the FHA had exhausted its multifamily commitment authority for the fiscal year. They will process insurance applications received after September 16th, but can’t issue commitments until Congress provides more funds. Congress, of course, can’t even … Continue reading

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Christie Vetoes Rent Control Bill

Turns out that an elected official can keep a promise and not pander to special interests. NJ Governor Chris Christie this week  vetoed a new rent control bill that would have allowed regulations on new senior housing. New Jersey passed … Continue reading

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Cuomo Would Limit Real Estate Loans

  Real estate lending in New York could be limited by a new state policy allegedly targeted at “Slumlord Prevention.” Governor Cuomo yesterday announced that banks would not get State Community Reinvestment Act credit for loans based on “Financial projections … Continue reading

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