Articles
For Buyers
What Is An Aztech Document?
The Aztech document allows co-op apartment buyers to get financing, while lenders and co-op board agree on mutually beneficial terms.
What Is Board Approval?
Board approval is the permission you need from the condominium or co-op board before purchasing and occupying (or renting out) an apartment in the building.
What Do NYC Homebuyers Need To Know About A REBNY Statement?
REBNY stands for Real Estate Board of New York. It’s a trade association that has been around for over a
For Sellers
What Is An HDFC Building?
An HDFC building is subsidized housing for low to medium-income families, mainly for owner-occupation.
How To Set The Right Asking Price For Your Co-op
Board’s Minimum Sales Price When you are selling your co-op, the first thing you may have to consider is if
What Is A Capital Gains Tax?
When selling a property (an asset) for a profit, you will have to pay capital gains tax, the amount of which is determined by several factors.
For Renters
A Renter’s Rights And Responsibilities In NYC
Renter’s Rights In The NYC Fair Housing- Everyone in NYC, regardless of their race, gender, religion, or sexual orientation, has
6 Things You Need To Know Before You Find Your First Tenant
Subletting Rules of Your Building If you own a single-family home or a multi-family property, you will have the final
How Much Rent Can You Actually Afford
For most people, rent is either at the top or near the top of the list of most necessary expenses.
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.
What Is A Luxury Apartment in NYC?
A luxury apartment is not an official term. There are no specific criteria related to amenities and building features that
Downsizing in NYC – Strategies and Best Practices
Whether you rent or own your home in NYC, there comes a time when you have to upsize or downsize
