Articles
For Buyers
Air Rights – What Are They?
Air Rights or development rights refer to the building/selling rights a lot owner in NYC has for the maximum buildable area they haven’t utilized yet.
What Is An HVAC?
An HVAC system is responsible for circulating hot and cold air inside a building and maintaining the indoor temperature at comfortable levels.
Home Buyer’s Remorse: What Is It And How To Get Rid of It?
Home buyer’s remorse comes in several different forms, and it may strike before or after the closing: “Why did I
For Sellers
Selling Your NYC Apartment As-Is? What Do You Need To Know
Selling your apartment as-is means different things to different people. The most widely accepted definition is selling your apartment without
What Is An Exclusive Listing?
An exclusive listing in NYC is when only one broker has the exclusive rights to list and market a property. This gives them the surety of earning the commission.
What Is A Gut Renovation?
Compared to partial or cosmetic renovations, a gut renovation project can be costly, challenging, and time-consuming, but it allows you to recreate your home interior almost from scratch.
For Renters
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 housing unit) in NYC, you
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.
7 Steps To Finding The Perfect Apartment To Rent With Your Family
Step-1: Evaluate Your Rent Affordability Your expenses naturally rise as your family grows, and making certain lifestyle changes, like replacing
New Development
What Is A Certificate of Occupancy (C of O)?
In NYC, a Certificate of Occupancy is issued by the Department of Buildings and determines the use and occupancy status of a building. Read on to find out more.
Everything You Need To Know About NYC Brownstones
What Is Brownstone? Brownstone is a type of sandstone commonly used in construction. It’s not actually used in the structural
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.
