New York City is taking steps to address the recent fires involving e-bikes and lithium-ion batteries. The New York City Fire Department is requiring apartment owners to distribute a fire and emergency preparedness bulletin to staff and residents.…
The apartment absorption rate is at a 25-year high following a solid second quarter performance.The National Association of Home Builders analyzed data from the Census Bureau’s Survey of Market Absorptions of New Multifamily Units to find the…
CPI, Latest Release, November 2022
Once again, inflation came in lower than consensus forecasts, measuring 7.1% year-over-year and just 0.1% over the month. Core inflation, excluding food and energy, was up 6.0% and 0.2%, its lowest increase…
While Republicans, as predicted, will take over control of the House of Representatives in 2023, no one foresaw a razor-thin four-seat majority (222–213). In the Senate, Republicans were only given a roughly 50/50 chance of taking the chamber, but…
The rental housing industry has gracefully adapted and evolved during the current economic climate and global atmosphere. Nearly three years ago, the world came to a halt, causing many, not just multifamily businesses and professionals, to re-…
The Main Building at the Illinois Institute of Technology, in Chicago, has been vacant since 2012, but its about to get some new residents. The historic structure, which was built in 1893 and was designated a landmark in 2004, will be converted…
Multifamily starts declined 4% in October, according to Dodge Data & Analytics. Despite the drop, multifamily starts are ahead of single-family starts 26% to 10%, respectively, during the first 10 months of 2022 compared to the same period in…
Technologies ebb and flow—think cassette tapes to CDs to streaming services or Myspace to Facebook—with the times, which is exactly what the entire industry has done during the pandemic but not entirely as a result of the pandemic.Some tech and…
The final jobs report of the year confirmed the strength of the labor market in the face of a cumulative 375-basis point interest rate increase. Unemployment rates remained near 50-year lows and initial claims for unemployment were at levels…
From leadership to operational strategy to federal advocacy and more, The NAA Apartmentcast features insight and trendspotting from rental housing industry leaders. The inaugural episode features inside-the-beltway wisdom from NAA SVP of Government…