Articles
For Buyers
What Is A Mortgage Recording Tax?
Property buyers in NYC need to pay a Mortgage Recording Tax when taking out a mortgage to buy a property or refinance an existing property.
How To Prepare Yourself and Your Apartment For Sale In NYC
Selling your apartment in NYC can be a long and grueling process, and if you are not in the right mindset, it’s easy to make
5 Factors To Consider When Buying Your First Investment Property (Residential)
Location Choosing the right borough, the right neighborhood within the borough, and a good location in the neighborhood should be a priority. However, your choices might
For Sellers
What Is A Flip Tax / Transfer Fee
A flip tax is a transfer fee (usually between 1% and 3%) that co-op sellers have to pay when selling their apartments.
What Is An Estate Sale?
Estate sale refers to the real estate that is being sold by the heirs or a trust (or the state) after the passing of the owner of the property.
A Seller’s Guide To Apartment Appraisals in NYC
What Is An Apartment Appraisal? An apartment appraisal is the professional assessment of an apartment
For Renters
10 Steps To Find The Perfect Apartment To Rent In NYC
1. Identify The Right Time To Enter The Market The best time to find available
What Is Amortized or Net Rent?
Net effective rent or amortized rent is calculated by dividing the total rent you have to pay (after discount) over the term of the lease by total months in the lease.
10 Steps To Follow When Renting Out A Condo
Step-1: Learn About NYC Rental Laws Before you rent out your condo (or any other
Commercial
A Landlord’s Guide To Choosing A Management Company
What is a Management Company? A property management company is responsible for taking care of
What is a LEED Building?
LEED buildings are energy-efficient and eco-friendly structures that are awarded a LEED certificate. Different LEED certifications indicate how green a building is.
3 Types of Listings In NYC
Exclusive Listings Exclusive listings are the most common type of sales listing in the NYC real
Neighborhood Series
Long Island City
Long Island City had the honor of being an independent city for about three decades before it became part of New York City in 1898.
Midtown West
Midtown West, also known as Hell’s Kitchen, has grown past its industrial roots, and it’s now a thriving residential neighborhood.
Park Slope
There’s more to Park Slope than just its proximity and connection to Prospect Parks. It has a rich history and offers a beautiful blend of old brownstone architecture and greenery.
New Development
What is New Development?
New development is usually a newly constructed or heavily renovated structure that is for sale directly by the developer responsible for the construction/renovation.
Downsizing in NYC – Strategies and Best Practices
Whether you rent or own your home in NYC, there comes a time when you
Sponsor Units – What Do NYC Apartment Buyers Need To Know About Them?
Sponsor units are builder or developer-owned apartments in condos and co-ops that can be sold by bypassing board approval requirements.
