Articles
For Buyers
What Do You Need To Know About Permits Before Renovating Your NYC Apartment?
Depending on the renovation you are planning, you may need to secure a permit before you can hire a contractor to perform the necessary work.
What Is A Tax Abatement?
A tax abatement allows property owners in NYC to reduce their property tax obligations. The right abatement can significantly reduce the cost of owning a property.
How To Plan A Budget-Friendly Bathroom Renovation
Bathrooms are one of the few places in your home where remodeling/renovation can increase the property’s value, at least enough
For Sellers
How Much Are Closing Costs?
Closing costs can range between 2-4% of the property price for buyers and 8-10% for sellers because they have to pay the brokers’ commission.
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.
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
For Renters
What Are Doorman Buildings?
Doorman buildings in NYC are buildings that are manned 24/7 by a doorman who controls entry to the building and provides additional services like signing for deliveries.
What Do Renters In NYC Need To Know About Security Deposit?
As a renter in NYC, you need to understand how much security deposit your landlord is allowed to ask for and what your rights are when it comes to getting it back.
Rent-To-Own: What It Is And How It Works In NYC
Rent-to-own can be an amazing option for people who want to make a move from renting to buying but still need time to save enough money or build credit.
New Development
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.
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
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.
