BRI News

NY State Rent Law Revisions Slams Landlords

The following is an analysis of the main provisions of the HSTPA  by attorneys with Finger and Finger, A Professional Corporation. Finger and Finger, is Chief Counsel to The Builders Institute (BI)/Building and Realty Institute (BRI)   1. A significant change is the fact that […]

Builder Confidence “Holds Firm” According to NAHB Report

Current Market Conditions Component rose two points from the previous quarter to 55 according to a recent NAHB report. ❖ Major Additions and Alterations increased four points to 53;  ❖ Minor Additions and Alterations and the Home Maintenance and Repair  Components both held steady at […]

New Rent Guidelines Announced

*Guidelines for Renewal Leases between October 1, 2019 and September 30, 2020* 1-Year Lease Term: 1.75% 2-Year Lease Term: 2.75% No discussion was held by the board related to Guideline increases where the Owner does not provide heat or hot water. We will update you […]

Supply-Side Headwinds Limiting Single Family Gains in 2019

While speaking at the NAHB Home Show in Las Vegas, Chief Economist Robert Dietz stressed that a chronic lack of construction workers, shortage of buildable lots, onerous regulations, tariffs on lumber and other key building materials as well as a slow growth in acquisition, development and […]