If you have come across this term for the first time, it’s natural to wonder – how do air rights work in NYC? They are not a phenomenon unique to NYC but it’s certainly one of the most famous US cities for it, primarily because of its vertical nature and massive concentration of high-rises.
Whether you are buying a building and wonder if it has air rights or you are looking to buy air rights, one important question you need an answer to is: How do I find out if a building has air rights in NYC? Fortunately, the city government has provided the answer.
What is the NYC tenant law for 2024? This is a question potential renters/tenants in NYC may have and with good reason. But it’s more important for these potential or even existing tenants to understand that while new laws related to tenants and landlords might be introduced in any given year, they should be familiar with the general tenant law or more accurately, tenant rights and responsibilities.
How much can a landlord raise rent in NYC in 2025? The answer to this question depends upon whether you live in a rent-stabilized apartment or a free-market apartment.
Whether you own a brownstone, condo, or another type of property, the question “Are NYC property taxes going up?” might worry you every year. The good news is that the answer for 2025 is no.
Is now a good time to buy in New York? This is a question every potential homebuyer in New York should ask themselves before entering the market. That, of course, applies only to people who can afford to wait. People who have a pressing need to buy may not have the luxury for the market to turn favorable.
What are the New York state tax brackets for 2025? This question is a little early since the tax season doesn’t start till the end of next month. But it’s never too early or too late to develop an understanding of tax brackets and where they stand in any given year. As per the most updated information on the state’s website, the tax brackets for single individuals filing their taxes or married individuals filing taxes separately are.
What is the property tax rate in New York City in 2024? This is something all NYC residents should be aware of and understand. Even potential buyers can benefit from knowing the tax rates and understanding how they work.
If you are wondering if or not to enter the city’s real estate market, one of the questions you should ask yourself is whether NYC is a buyer’s or seller’s market now. If it’s a seller’s market and you can afford to wait, it might be prudent to do so.
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