Median monthly rental prices for the private rental market in England by bedroom category, region and administrative area, calculated using data from the Valuation Office Agency and Office for National Statistics.

Fayette County Property Valuation Administrator (PVA) is a government agency responsible for determining the fair cash value of properties in the county. The PVA office provides a range of services, including property tax calculations, exemption assistance, and assessment appeals. The website offers a variety of tools and resources to help property owners navigate these processes, including a property search feature, sales reports, and tax calculator.

The Fayette County PVA website also provides information on the agency's mission, goals, and services, as well as news and updates on property market trends and tax-related issues. The website is regularly updated with new sales reports, property listings, and other relevant information to help property owners stay informed and make informed decisions about their properties. Overall, the Fayette County PVA website is a valuable resource for property owners and taxpayers seeking to understand and navigate the property valuation and tax process in Fayette County.

The Real Estate Asset Management industry is experiencing significant challenges because of broad economic and technological shifts. The gain in remote and hybrid work has decreased demand for office space, leading to higher vacancy rates and negatively impacting rent prices, particularly in Class B and C buildings. Interest rate increases also have complicated circumstances, expanding the cost of borrowing and dampening real estate investment. In tandem with challenges, opportunities have emerged in the form of growth in alternative investments like REITs and private equity and a surge in demand for data centers driven by digitalization, providing new revenue streams for the sector. Through the end of 2025, industry revenue has climbed at a CAGR of 0.7% to reach $90.6 billion, including a boost of 0.4% in 2025 alone. Technological advancements, such as artificial intelligence and big data, have also transformed the industry by providing sophisticated tools to improve investment decision-making, identify market trends and generate accurate real estate valuations. Automated Valuation Models (AVMs) and Internet of Things (IoT) devices give asset managers real-time insights into property values and operational specifics, enhancing strategic decision-making abilities. Meanwhile, the division between high-quality and lower-quality office assets widens, with prime spaces in mixed-use districts becoming scarce. Tech adoption extends beyond data crunching to automating repetitive tasks, paving the way for a more streamlined industry and benefiting profit. Looking forward, the industry’s future performance will be shaped by several factors. Persistent office vacancies are likely to force industry leaders to shift their focus toward other sectors, such as logistics and residential properties. Sinking interest rates, following recent cuts by the Federal Reserve, are anticipated to boost revenue as they stimulate home sales and invigorate investment activity. However, additional regulations are on the horizon and they may pose challenges, as new reporting requirements under the Corporate Transparency Act impose a significant compliance burden on the industry. Despite these hurdles, a residential real estate market recovery, driven by rate cuts and a continuing imbalance between demand and supply, is slated to fuel industry growth. Revenue will expand at a CAGR of 2.6% to reach $103.2 billion in 2030.

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Context

The Department of Finance (DOF) is required by NY State law to value condominiums or cooperatives as if they were residential rental apartment buildings. DOF uses income information from rental properties similar in physical features and location to the condominiums or cooperatives. DOF applies this income data to the condominium or cooperative to determine its value in the same way DOF values rental apartment buildings. This report includes information at a condominium suffix level which represents a subdivision of the condominium since DOF values condominiums at a suffix level. A condominium may have more than one suffix.

Content

This data set contains the reports from 2012-2018. Boro-Block-Lot
The Borough-Block-Lot location of the subject condominium. The lot identifies the condominium billing lot generally associated with the condominium management organization. Address The Street Address of the property Neighborhood
Department of Finance determines the neighborhood name in the course of valuing properties. The common name of the neighborhood is generally the same as the name Finance designates. However, there may be slight differences in neighborhood boundary lines. Building Classification The Building Class code is used to describe a property’s use. This report includes the two character code as well as the description of the building class. Total Units Total number of units in the building Year Built
The year the building was built Gross SqFt
Gross square footage of the building Estimated Gross Income
Estimated Income per SquareFoot * Gross SquareFoot Estimated Expense Estimated Expense per SquareFoot * Gross SquareFoot Net Operating Income Estimated Gross Income-Estimated Expense Full Market Value Current year’s total market value of the land and building Report Year

Acknowledgements

Agency: Department of Finance (DOF) Source: NYC open data