For New Development

NYC luxury apartment

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 may classify an apartment as

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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.

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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.

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