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The New York state Legislature has passed a bill that would make it easier for apartments in small residential buildings to be converted into condominiums. The legislation would permit the owner of a building containing five or fewer units to convert a unit into a condo when just 15% of the tenants agree to have this done • Full Story
With the goal of making the home buying process in New York more equitable, the city is expanding its existing down payment assistance program by more than double. The Department of Housing Preservation and Development announced on Monday it will offer up to $100,000 toward down payments or closing costs to first-time homebuyers who earn up to 80 percent of the area median income • Full Story
Despite relatively steady rental prices in Brooklyn overall, Crown Heights rents jumped almost 8 percent last year, a new real estate report found • Rent in Crown Heights and Prospect-Lefferts Gardens had the “largest overall increase in the borough,” MNS said • Read More
A property on Montgomery Street has been listed for almost 2 Million Dollars! ($1,999,000 to be exact) ● The house, which is owned by a local Lubavitcher family, has been previously listed for 1.45 Million Dollars, before the current Real Estate boom in Crown Heights ● Pictures
1388 Union Street, which sold for $999,000 in December, sold again in July for $1,850,000, more than $150,000 above the original asking of $1,695,000 ● Full Story, Pictures
Dovid Ezagui to Chava Sorkin — Both from Brooklyn
Shmulik Greenberg – Kfar Chabad, Israel to Chani Hasofer – Tzfas, Israel
Velvel Reikhtman (Ben Reb Moshe) – Montreal to Channah Kagan (Bas Reb Zev Moishe) – Crown Heights
L’chayim will be Tuesday night in Ulam Chana – 556 Crown St.
Baby boy to Mendi and Devora Leah Labi (née Spielman) — Crown Heights
