Articles
For Buyers
How Do You Win A Bidding War When You Are Buying In NYC?
Bidding wars are common in a seller’s market when there are fewer properties and a lot of buyers. A bidding
What Is A Condop?
Condops are co-ops with commercial properties in which residential units are combined in a co-op while commercial units retain the freedom of condos.
HOAs vs. Common Charges vs. Real Estate Taxes
HOA fees and condo common charges are paid to the managing bodies responsible for the community, while property taxes are paid to the city government.
For Sellers
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.
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.
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
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
Is It Legal To Get A Roommate In NYC?
While it’s legal to get a roommate in NYC, there are certain stipulations attached to this right. The state and city
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
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.
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
Joining A Co-op Board In NYC: What Can You Expect?
Co-op Board in NYC Co-op boards in NYC have two legal obligations: Following the co-op’s internal rules/bylaws. Changes in these
