Report: Manhattan Co-op and Condo Sales Prices Rose for 5th Year in a Row Douglas Elliman's Latest Study Covers Price Trends From 2008 to 2017

By David Chiu 5 February 2018 Buying & Selling Real Estate Trends Finance

(iStock.com)

Market wide, sales prices for co-ops and condos in Manhattan have been rising steadily year-over-year for the fifth consecutive year.

That is according to the latest study, 2017 Manhattan Decade Sales Report, released by Douglas Elliman and prepared by Miller Samuel.

Both the average and median sales prices have trended upward since 2013 for co-ops and condos in that particular borough, based on figures from the report:

Average Sales Price

2013: $1,442,753

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Events

Tue, Oct 22, 8:00pm – 11:00pm

NYC DOB: Homeowners Night

Tue, Oct 22, 8:00pm – 11:00pm add to calendar 22-10-2019 20:00 22-10-2019 23:00 America/New_York NYC DOB: Homeowners Night If you are a homeowner, tenant, small business owner or building manager, we encourage you to visit your local borough office where Department of Buildings staff can answer your questions and provide the information you need.Permits, construction codes, zoning regulations, sign offs, certificates of occupancy, place of assembly, equipment installations, violations and civil penalties are just a few of the things we can assist you with. Our plan examiners, inspectors and staff are here to help you build and live safely in New York City – no appointment needed. For information, visit https://www1.nyc.gov/site/buildings/homeowner/homeowner.page. MM/DD/YYYY

NYC DOB: Homeowners Night

If you are a homeowner, tenant, small business owner or building manager, we encourage you to visit your local borough office where Department of Buildings staff can answer your questions and provide the information you need.Permits, construction codes, zoning regulations, sign offs, certificates of occupancy, place of assembly, equipment installations, violations and civil penalties are just a few of the things we can assist you with. Our plan examiners, inspectors and staff are here to help you build and live safely in New York City – no appointment needed. For information, visit https://www1.nyc.gov/site/buildings/homeowner/homeowner.page.

Thu, Oct 24, 10:00am – 2:30pm

CAI-Hudson Valley: Expo

Thu, Oct 24, 10:00am – 2:30pm add to calendar 24-10-2019 10:00 24-10-2019 14:30 America/New_York CAI-Hudson Valley: Expo Join us for our annual expo at Levity Live in the Palisades Center for a multi-media expo experience! There will be education, food, refreshments, prizes, vendors and more. Topics will include how to evaluate your manager/boards performance and discuss improvement plus ask anything legal! For information, visit https://www.cai-hvny.org/post/oct-24-expo-west-nyack-ny. West Nyack Levity Live Comedy Club, 4210 Palisades Center Dr A - 401, West Nyack, NY 10994, USA MM/DD/YYYY

CAI-Hudson Valley: Expo

Join us for our annual expo at Levity Live in the Palisades Center for a multi-media expo experience! There will be education, food, refreshments, prizes, vendors and more. Topics will include how to evaluate your manager/boards performance and discuss improvement plus ask anything legal! For information, visit https://www.cai-hvny.org/post/oct-24-expo-west-nyack-ny.

West Nyack Levity Live Comedy Club, 4210 Palisades Center Dr A - 401, West Nyack, NY 10994, USA map

Tue, Oct 29, 10:00am – 4:30pm

The Cooperator Expo New York

Tue, Oct 29, 10:00am – 4:30pm add to calendar 29-10-2019 10:00 29-10-2019 16:30 America/New_York The Cooperator Expo New York Learn about the latest building services from more than 250 exhibitors, attend educational seminars, get free advice from industry experts, and network with your peers at this leading real estate trade show in New York. For information, visit coopexpofall.com. Jacob K. Javits Convention Center, 655 W 34th St, New York, NY 10001, USA MM/DD/YYYY

The Cooperator Expo New York

Learn about the latest building services from more than 250 exhibitors, attend educational seminars, get free advice from industry experts, and network with your peers at this leading real estate trade show in New York. For information, visit coopexpofall.com.

Jacob K. Javits Convention Center, 655 W 34th St, New York, NY 10001, USA map

Tue, Oct 29, 8:00pm – 11:00pm

NYC DOB: Homeowners Night

Tue, Oct 29, 8:00pm – 11:00pm add to calendar 29-10-2019 20:00 29-10-2019 23:00 America/New_York NYC DOB: Homeowners Night If you are a homeowner, tenant, small business owner or building manager, we encourage you to visit your local borough office where Department of Buildings staff can answer your questions and provide the information you need.Permits, construction codes, zoning regulations, sign offs, certificates of occupancy, place of assembly, equipment installations, violations and civil penalties are just a few of the things we can assist you with. Our plan examiners, inspectors and staff are here to help you build and live safely in New York City – no appointment needed. For information, visit https://www1.nyc.gov/site/buildings/homeowner/homeowner.page. MM/DD/YYYY

NYC DOB: Homeowners Night

Wed, Oct 30, 7:30am – 5:00pm

Bisnow: New York City State of the Market

Wed, Oct 30, 7:30am – 5:00pm add to calendar 30-10-2019 07:30 30-10-2019 17:00 America/New_York Bisnow: New York City State of the Market At this event we'll examine how the city can stay competitive, what it needs to do to drive the market. We'll also talk about the biggest projects and the biggest deals that have defined 2019. We'll be sure to touch upon the dynamic factors across the major assets classes as well as the hottest topics facing the Big Apple. For information, visit www.bisnow.com. Location TBA MM/DD/YYYY

Bisnow: New York City State of the Market

At this event we'll examine how the city can stay competitive, what it needs to do to drive the market. We'll also talk about the biggest projects and the biggest deals that have defined 2019. We'll be sure to touch upon the dynamic factors across the major assets classes as well as the hottest topics facing the Big Apple. For information, visit www.bisnow.com.

Location TBA map

Sat, Nov 2, 8:00am – 2:00pm

CAI-LI Board Leadership Development Workshop for Community Association Members

Sat, Nov 2, 8:00am – 2:00pm add to calendar 02-11-2019 08:00 02-11-2019 14:00 America/New_York CAI-LI Board Leadership Development Workshop for Community Association Members Registration required. For information, visit www.cai-li.org. BELFOR Property Restoration, 60 Raynor Ave, Ronkonkoma, NY 11779, USA MM/DD/YYYY

CAI-LI Board Leadership Development Workshop for Community Association Members

Registration required. For information, visit www.cai-li.org.

BELFOR Property Restoration, 60 Raynor Ave, Ronkonkoma, NY 11779, USA map

Tue, Nov 5, 9:00pm – 12:00am

NYC DOB: Homeowners Night

Tue, Nov 5, 9:00pm – 12:00am add to calendar 05-11-2019 21:00 06-11-2019 00:00 America/New_York NYC DOB: Homeowners Night If you are a homeowner, tenant, small business owner or building manager, we encourage you to visit your local borough office where Department of Buildings staff can answer your questions and provide the information you need.Permits, construction codes, zoning regulations, sign offs, certificates of occupancy, place of assembly, equipment installations, violations and civil penalties are just a few of the things we can assist you with. Our plan examiners, inspectors and staff are here to help you build and live safely in New York City – no appointment needed. For information, visit https://www1.nyc.gov/site/buildings/homeowner/homeowner.page. MM/DD/YYYY

NYC DOB: Homeowners Night

Thu, Nov 7, 4:30pm – 5:30pm

Anderson Kill's Co-op and Condo Group Presents a Seminar Series Part VI: "How to Help Your Board Make Ironclad Decisions"

Thu, Nov 7, 4:30pm – 5:30pm add to calendar 07-11-2019 16:30 07-11-2019 17:30 America/New_York Anderson Kill's Co-op and Condo Group Presents a Seminar Series Part VI: "How to Help Your Board Make Ironclad Decisions" Cooperative and condominium board members are volunteers who generally have no experience in operating buildings and handling structural issues, finances, tenant disputes, and statutes affecting buildings. As a result, board members are often indecisive, and hesitate to make important decisions. Managing agents, on the other hand, have vast experience with those issues, and can act as boards’ eyes and ears, gatekeepers between residents and boards, and advisors, and in doing so, can greatly assist boards in making ironclad decisions. For information, visit www.andersonkill.com. Anderson Kill P.C., 1251 6th Ave, New York, NY 10020, USA MM/DD/YYYY

Anderson Kill's Co-op and Condo Group Presents a Seminar Series Part VI: "How to Help Your Board Make Ironclad Decisions"

Cooperative and condominium board members are volunteers who generally have no experience in operating buildings and handling structural issues, finances, tenant disputes, and statutes affecting buildings. As a result, board members are often indecisive, and hesitate to make important decisions. Managing agents, on the other hand, have vast experience with those issues, and can act as boards’ eyes and ears, gatekeepers between residents and boards, and advisors, and in doing so, can greatly assist boards in making ironclad decisions. For information, visit www.andersonkill.com.

Anderson Kill P.C., 1251 6th Ave, New York, NY 10020, USA map

Tue, Nov 12, 9:00pm – 12:00am

NYC DOB: Homeowners Night

Tue, Nov 12, 9:00pm – 12:00am add to calendar 12-11-2019 21:00 13-11-2019 00:00 America/New_York NYC DOB: Homeowners Night If you are a homeowner, tenant, small business owner or building manager, we encourage you to visit your local borough office where Department of Buildings staff can answer your questions and provide the information you need.Permits, construction codes, zoning regulations, sign offs, certificates of occupancy, place of assembly, equipment installations, violations and civil penalties are just a few of the things we can assist you with. Our plan examiners, inspectors and staff are here to help you build and live safely in New York City – no appointment needed. For information, visit https://www1.nyc.gov/site/buildings/homeowner/homeowner.page. MM/DD/YYYY

NYC DOB: Homeowners Night

Thu, Nov 14, 6:00pm – 8:00pm

CAI-LI Chapter Membership Meeting with Educational Seminar

Thu, Nov 14, 6:00pm – 8:00pm add to calendar 14-11-2019 18:00 14-11-2019 20:00 America/New_York CAI-LI Chapter Membership Meeting with Educational Seminar "Engineering." For information, visit www.cai-li.org. Capital One Bank, 1307 Walt Whitman Rd, Melville, NY 11747, USA MM/DD/YYYY

CAI-LI Chapter Membership Meeting with Educational Seminar

"Engineering." For information, visit www.cai-li.org.

Capital One Bank, 1307 Walt Whitman Rd, Melville, NY 11747, USA map

Sun, Nov 17, 8:00am – 5:00pm

CNYC's 39th Annual Housing Conference: Exhibits, Classes, Networking

Sun, Nov 17, 8:00am – 5:00pm add to calendar 17-11-2019 08:00 17-11-2019 17:00 America/New_York CNYC's 39th Annual Housing Conference: Exhibits, Classes, Networking Every current CNYC member cooperative and condominium can send one person FREE to attend classes all day at this annual event, the premier learning experience for boards of housing cooperatives and condominiums. The Conference brochure will be posted on the CNYC website in July and mailed in September. Advance registration is required– with specific classes selected. All are welcome!!! Fees vary. For information, visit www.cnyc.com. 25 W 18th St, New York, NY 10011, USA MM/DD/YYYY

CNYC's 39th Annual Housing Conference: Exhibits, Classes, Networking

Every current CNYC member cooperative and condominium can send one person FREE to attend classes all day at this annual event, the premier learning experience for boards of housing cooperatives and condominiums. The Conference brochure will be posted on the CNYC website in July and mailed in September. Advance registration is required– with specific classes selected. All are welcome!!! Fees vary. For information, visit www.cnyc.com. ;

25 W 18th St, New York, NY 10011, USA map

Tue, Nov 19, 9:00pm – 12:00am

NYC DOB: Homeowners Night

Tue, Nov 19, 9:00pm – 12:00am add to calendar 19-11-2019 21:00 20-11-2019 00:00 America/New_York NYC DOB: Homeowners Night If you are a homeowner, tenant, small business owner or building manager, we encourage you to visit your local borough office where Department of Buildings staff can answer your questions and provide the information you need.Permits, construction codes, zoning regulations, sign offs, certificates of occupancy, place of assembly, equipment installations, violations and civil penalties are just a few of the things we can assist you with. Our plan examiners, inspectors and staff are here to help you build and live safely in New York City – no appointment needed. For information, visit https://www1.nyc.gov/site/buildings/homeowner/homeowner.page. MM/DD/YYYY

NYC DOB: Homeowners Night

Tue, Nov 26, 9:00pm – 12:00am

NYC DOB: Homeowners Night

Tue, Nov 26, 9:00pm – 12:00am add to calendar 26-11-2019 21:00 27-11-2019 00:00 America/New_York NYC DOB: Homeowners Night If you are a homeowner, tenant, small business owner or building manager, we encourage you to visit your local borough office where Department of Buildings staff can answer your questions and provide the information you need.Permits, construction codes, zoning regulations, sign offs, certificates of occupancy, place of assembly, equipment installations, violations and civil penalties are just a few of the things we can assist you with. Our plan examiners, inspectors and staff are here to help you build and live safely in New York City – no appointment needed. For information, visit https://www1.nyc.gov/site/buildings/homeowner/homeowner.page. MM/DD/YYYY

NYC DOB: Homeowners Night

Tue, Dec 3, 9:00pm – 12:00am

NYC DOB: Homeowners Night

Tue, Dec 3, 9:00pm – 12:00am add to calendar 03-12-2019 21:00 04-12-2019 00:00 America/New_York NYC DOB: Homeowners Night If you are a homeowner, tenant, small business owner or building manager, we encourage you to visit your local borough office where Department of Buildings staff can answer your questions and provide the information you need.Permits, construction codes, zoning regulations, sign offs, certificates of occupancy, place of assembly, equipment installations, violations and civil penalties are just a few of the things we can assist you with. Our plan examiners, inspectors and staff are here to help you build and live safely in New York City – no appointment needed. For information, visit https://www1.nyc.gov/site/buildings/homeowner/homeowner.page. MM/DD/YYYY

NYC DOB: Homeowners Night

Tue, Dec 3, 7:00pm – 8:30pm

CNYC- New Facade Inspection Cycle Has New Requirements

Tue, Dec 3, 7:00pm – 8:30pm add to calendar 03-12-2019 19:00 03-12-2019 20:30 America/New_York CNYC- New Facade Inspection Cycle Has New Requirements The upcoming 9th Cycle of New York City’s Facade Inspection Safety Program (FISP), which mandates facade inspections of all buildings over six stories in height, begins on February 21, 2020. The myriad details of the program are often a source of confusion, especially those regarding filing status and follow-up repairs. Starting with the 9th Cycle, the Department of Buildings is instituting significant changes to the law. This seminar is designed to help building owners, managers, and boards better navigate and prepare for the upcoming FISP cycle and achieve a Safe filing status. For more information, visit www.cnyc.com. Location TBA MM/DD/YYYY

CNYC- New Facade Inspection Cycle Has New Requirements

The upcoming 9th Cycle of New York City’s Facade Inspection Safety Program (FISP), which mandates facade inspections of all buildings over six stories in height, begins on February 21, 2020. The myriad details of the program are often a source of confusion, especially those regarding filing status and follow-up repairs. Starting with the 9th Cycle, the Department of Buildings is instituting significant changes to the law. This seminar is designed to help building owners, managers, and boards better navigate and prepare for the upcoming FISP cycle and achieve a Safe filing status. For more information, visit www.cnyc.com.

Location TBA map

Tue, Dec 10, 9:00pm – 12:00am

NYC DOB: Homeowners Night

Tue, Dec 10, 9:00pm – 12:00am add to calendar 10-12-2019 21:00 11-12-2019 00:00 America/New_York NYC DOB: Homeowners Night If you are a homeowner, tenant, small business owner or building manager, we encourage you to visit your local borough office where Department of Buildings staff can answer your questions and provide the information you need.Permits, construction codes, zoning regulations, sign offs, certificates of occupancy, place of assembly, equipment installations, violations and civil penalties are just a few of the things we can assist you with. Our plan examiners, inspectors and staff are here to help you build and live safely in New York City – no appointment needed. For information, visit https://www1.nyc.gov/site/buildings/homeowner/homeowner.page. MM/DD/YYYY

NYC DOB: Homeowners Night

Tue, Dec 17, 9:00pm – 12:00am

NYC DOB: Homeowners Night

Tue, Dec 17, 9:00pm – 12:00am add to calendar 17-12-2019 21:00 18-12-2019 00:00 America/New_York NYC DOB: Homeowners Night If you are a homeowner, tenant, small business owner or building manager, we encourage you to visit your local borough office where Department of Buildings staff can answer your questions and provide the information you need.Permits, construction codes, zoning regulations, sign offs, certificates of occupancy, place of assembly, equipment installations, violations and civil penalties are just a few of the things we can assist you with. Our plan examiners, inspectors and staff are here to help you build and live safely in New York City – no appointment needed. For information, visit https://www1.nyc.gov/site/buildings/homeowner/homeowner.page. MM/DD/YYYY

NYC DOB: Homeowners Night

Tue, Dec 24, 9:00pm – 12:00am

NYC DOB: Homeowners Night

Tue, Dec 24, 9:00pm – 12:00am add to calendar 24-12-2019 21:00 25-12-2019 00:00 America/New_York NYC DOB: Homeowners Night If you are a homeowner, tenant, small business owner or building manager, we encourage you to visit your local borough office where Department of Buildings staff can answer your questions and provide the information you need.Permits, construction codes, zoning regulations, sign offs, certificates of occupancy, place of assembly, equipment installations, violations and civil penalties are just a few of the things we can assist you with. Our plan examiners, inspectors and staff are here to help you build and live safely in New York City – no appointment needed. For information, visit https://www1.nyc.gov/site/buildings/homeowner/homeowner.page. MM/DD/YYYY

NYC DOB: Homeowners Night

Tue, Dec 31, 9:00pm – 12:00am

NYC DOB: Homeowners Night

Tue, Dec 31, 9:00pm – 12:00am add to calendar 31-12-2019 21:00 01-01-2020 00:00 America/New_York NYC DOB: Homeowners Night If you are a homeowner, tenant, small business owner or building manager, we encourage you to visit your local borough office where Department of Buildings staff can answer your questions and provide the information you need.Permits, construction codes, zoning regulations, sign offs, certificates of occupancy, place of assembly, equipment installations, violations and civil penalties are just a few of the things we can assist you with. Our plan examiners, inspectors and staff are here to help you build and live safely in New York City – no appointment needed. For information, visit https://www1.nyc.gov/site/buildings/homeowner/homeowner.page. MM/DD/YYYY

NYC DOB: Homeowners Night

Tue, Jan 7, 9:00pm – 12:00am

NYC DOB: Homeowners Night

Tue, Jan 7, 9:00pm – 12:00am add to calendar 07-01-2020 21:00 08-01-2020 00:00 America/New_York NYC DOB: Homeowners Night If you are a homeowner, tenant, small business owner or building manager, we encourage you to visit your local borough office where Department of Buildings staff can answer your questions and provide the information you need.Permits, construction codes, zoning regulations, sign offs, certificates of occupancy, place of assembly, equipment installations, violations and civil penalties are just a few of the things we can assist you with. Our plan examiners, inspectors and staff are here to help you build and live safely in New York City – no appointment needed. For information, visit https://www1.nyc.gov/site/buildings/homeowner/homeowner.page. MM/DD/YYYY

NYC DOB: Homeowners Night

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News

10/21/2019 Naftali accused of violating zoning laws at UES development—The Real Deal

A resident who lives across the street from the Naftali Group’s proposed Upper East Side development is trying to put a stop to the project, which the developer has been planning for years.
Read full story

10/17/2019 Yorkville, Manhattan: Still Relatively Quiet, but Easier to Get Around—The New York Times

The opening of the Second Avenue subway on Jan. 1, 2017, did more than add a couple of stops on the Q train to Yorkville.
Read full story

10/17/2019 LES Essex Crossing's Seventh Tower Reaches 14 Stories—Patch.com

The seventh Essex Crossing tower has reached its peak, developers announced Tuesday.
Read full story

10/17/2019 NYC Says It's Immune To Suit Over 'Unfair' Property Tax Policy—Law360.com

Counsel for New York City told a state appeals court panel Wednesday afternoon that the city is immune to challenges to its tax policy because the matter is a political issue with a political solution and not something the courts should address.
Read full story

10/16/2019 Co-op and Condo Boards Must Pay Overtime to Live-In Supers—Habitat Magazine

In our practice, we have seen an uptick in lawsuits by live-in superintendents and other full-time employees against cooperatives, condominiums, homeowners associations (HOAs), and even managing agents (who are defined as employees under federal regulations).
Read full story

10/15/2019 Want to buy a condo? Financing just got a little easier—Yahoo! Finance

It is about to get a little easier to buy a condominium in the U.S.
Read full story

10/15/2019 Queens’ Rochdale Co-op Lands $195M Refi From Wells Fargo—Commercial Observer

The sprawling Rochdale Village apartment complex in southeastern Queens has landed a $195 million refinancing from Wells Fargo, city property records show. The loan appears to significantly upsize the most recent debt package obtained by the property, a $130 million financing —also from Wells Fargo — that dates back to 2014.
Read full story

10/15/2019 $2.5M 'Affordable Luxury' Condos Planned On LES: Developer—Patch.com

A developer is planning to build a 28-story condo building next to the landmarked Bialystoker Nursing Home in what he calls "affordable luxury" units.
Read full story

10/15/2019 Interior Designer Shawn Henderson Lists Loft-Like Manhattan Co-Op—Mansion Global

Gone are hundreds of feet of decorative crown moulding, as is a stone fireplace mantel in the living room. A recent gut renovation to this West Village, Manhattan, apartment also removed the dining room walls and floor-to-ceiling built-in shelves (along with the tower of knick-knacks required to fill them).
Read full story

10/15/2019 Manhattan Co-Op Deals Outnumber Condos For the First Time in Six Years—Mansion Global

Only 11 luxury homes in Manhattan went into contract in the week ending Sunday, according to a weekly roundup from Olshan Realty on Monday.
Read full story

10/14/2019 Is this gorgeous two-bedroom Upper West Side co-op in the Dorilton a steal at $1.9M?—6sqft.com

The gated side street entrance at the 12-story pre-war Dorilton at 171 West 71st Street on the Upper West Side is considered to be among the grandest in New York.
Read full story

10/14/2019 John Richardson’s Flatiron Co-op on the Market for $7.2 Million—The New York Times

The seventh-floor apartment at 73 Fifth Avenue, a block from Union Square, seems more like an art museum than a residence, with works from Lucian Freud, Andy Warhol, Pablo Picasso and countless other artists holding court in every room.
Read full story

10/11/2019 Ken Griffin drops another $4M on Central Park South condos after record $240M penthouse purchase—6sqft.com

Billionaire Ken Griffin really likes 220 Central Park South. The hedge fund mogul picked up two more apartments at the Robert A.M. Stern-designed skyscraper last month, less than a year after he bought a record-breaking $240 million penthouse there.
Read full story

10/11/2019 Encouraging real estate market signs seen in Douglas Elliman report—Daily Voice Plus

Scott Elwell, senior executive regional manager of Westchester and New England at the brokerage Douglas Elliman Real Estate, is encouraged by what he sees in today’s newly released report covering Westchester, Putnam and Dutchess sales for the third quarter of 2019.
Read full story

10/11/2019 Window AC Units Are This Co-op’s Seasonal Weather Vane—Habitat Magazine

It’s 92 degrees outside, the hottest October 2nd ever recorded in New York City. Thankfully, my window air-conditioners aren’t in winter storage yet. For long-time shareholders in my building, dealing with these metal boxes is as much a part of the change of seasons as spotting the first yellow crocus of spring and the first red leaf of autumn.
Read full story

10/11/2019 4-1/2-Foot Ceilings Spur Campaign To Warn LES Of Illegal Units—Patch.com

LOWER EAST SIDE, NY — Ceilings only 4-1/2 feet off the ground discovered in Lower East Side apartment buildings have spurred a new city campaign to warn Lower East Siders of such illegal conversions this week, according to the Department of Buildings.
Read full story

10/11/2019 Guns N’ Roses guitarist’s NYC pad is actually affordable—The New York Post

If you’re not quite ready to go knock, knock, knockin’ on heaven’s door, check out the Lower East Side home of Guns N’ Roses guitarist Richard Fortus.
Read full story

10/11/2019 Why the American Dream is Dead for Millennial New Yorkers—Bklyner.com

One of the cornerstones of our great nation since the end of World War II has been the unified dream of homeownership.
Read full story

10/11/2019 Take a look inside these homes that just hit the market in Bayside, Floral Park and Bellerose Manor—QNS.com

The fall season is in full force, and just like the season of change, the Queens real estate market is changing every week with brand new listings to go and visit.
Read full story

10/11/2019 City Council law draws ire of private co-op owners after their buildings were erroneously included in legislation meant to target rent-regulated landlords—New York Daily News

Apartment owners who live in affordable co-ops created years ago by the city are frantic over new legislation that could sock them with $2,000 fines if they don’t register their apartments with officials — and they’re demanding the law be re-written.
Read full story

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