Articles
For Buyers
What Is A Managing Agent?
A managing agent is crucial to the healthy operations of a co-op or condominium building and allows for minimal board intervention for maximum resident satisfaction.
What Are Inspections?
An inspection is an assessment of the property’s condition done by a licensed professional in which they aim to identify any problems with the property.
8 Reasons An NYC Co-op Board May Reject You
The NYC co-op boards do not have to share the reasons for rejecting buyers and cannot be challenged on their
For Sellers
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 ACRIS?
ACRIS allows buyers, property owners, brokers, and attorneys to look at and gain insights from property documents like deeds and mortgage records.
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
Your Guide To Rent-Stabilized Apartments In NYC
What Are Rent-Stabilized Apartments In NYC? Rent-stabilized apartments are a form of rent-regulated apartments that have existed since 1969. In
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
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.
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
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
