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Gov. Hochul approves Rochester Housing Court Act

Kathy Hochul is sworn in as New York's 57th governor, and New York's first female governor, by Chief Judge Janet DiFiore in the Red Room of the Capitol on Aug. 24, 2021. (Kevin P. Coughlin / Office of the Governor)

Local lawmakers and housing advocates believe the recent creation of a housing court within Rochester City Court will improve the quality of rental property, provide more effective enforcement of code violations and allow for consistency when it comes to settling ...

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U.S. Supreme Court allows evictions to resume during pandemic

The U.S. Supreme Court building at dusk, Thursday, May 23, 2019, on Capitol Hill in Washington. (AP Photo/Patrick Semansky)

WASHINGTON (AP) — The Supreme Court’s conservative majority is allowing evictions to resume across the United States, blocking the Biden administration from enforcing a temporary ban that was put in place because of the coronavirus pandemic. The court’s action ends ...

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Affordable housing likely to become a more attractive investment

John Bohrer-Yardley

Proposed legislation, a late-2020 law change and a possible bump in the corporate tax rate all should turn out to be beneficial for the affordable housing industry as objectives of the Biden administration play out. When the federal corporate tax rate ...

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Creative bidding, work-from-home space now housing market norms

(photo by Curtis Adams from Pexels)

Which space could become the home office, can more cash be accessed if the bidding takes off and are you willing to accommodate post-sale needs of the seller have become common topics of discussions between homebuyer and Realtor as the ...

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Unpaid rent a major problem that needs more solutions

As the COVID-19 pandemic grew worse last year and employers were forced to reduce their workforce, impacted workers found it difficult to pay rent. To ensure no one would lose their home during the crisis, federal and state eviction moratoriums ...

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When it comes to commercial real estate lending, banks are open for business

John Cothran, a real estate investor from South Carolina, closed on the purchase of 600 East Ave. this past fall without ever visiting the property. (photo by Kevin Oklobzija).

The coronavirus pandemic has devastated the hospitality industry and exacerbated on some fronts the continuing decline of brick-and-mortar retail, but lenders still have their checkbooks open when it comes to commercial real estate investment. You may not want to propose ...

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Eviction, foreclosure protection extended until May 1


Tenants financially burdened by the coronavirus pandemic will not face eviction proceedings until at least May 1, thanks the latest legislative action in New York. The COVID-19 Emergency Eviction and Foreclosure Prevention Act of 2020 prevents residential evictions, foreclosure proceedings, ...

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