Tuesday, May 30, 2017

WHFirm Closes Deals in NYC Snowstorm

It’s odd to rememberĀ as we all head off to the beach, but the attorneys at Weidenbaum and Harari managed to close multiple files during snowstorms in this year in NYC–one during this latest storm, and four during another earlier this year! The weather was not the only obstacle, as most recently we were able to […]

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Are you having a hard time finding resources on Real Estate subjects? We recently compiled a list of useful links for those looking to learn more about real estate processes, laws, and taxes. It includes both municipal resources and other helpful sites, such as Streeteasy and Oasis, a source for detailed community maps. We hope […]

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We recently enjoyed reading this article published in the New York Times, about a Manhattan couple who were determined to make the most of the space in their 400 square foot studio apartment. They managed it with the help of a Brooklyn architect, who remodeled the tiny space to include folding beds, hidden closets, and […]

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Due to a new rule that took effect on January 1st, mortgages recorded in Suffolk County must now pay a new verification fee of $300 for each mortgage-related document recorded. This is in addition to any fees and/or taxes already required by the county. For further reference, a full list of current recording fees, including […]

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Resales of coops and condos in Manhattan are seeing their lowest median prices since 2012, according to Bloomberg. As the number of options have increased, purchasers are more aggressive in seeking lower prices, and sellers have been finding it more and more necessary to negotiate–the percentage of sales in which the asking price was exceeded […]

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The closing is the climactic moment in a Real Estate transaction, when the deal is finalized and the money finally changes hands. However, the big moment can be daunting, especially in New York, where the large cast of characters can include not just the seller, purchaser, and their attorneys, but possibly several brokers, a lender, […]

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As expected, the Federal Reserve raised benchmark rates by 1/4 point on Wednesday, amid optimism due to steady job growth and economic recovery. This is the second increase to take place in the last three months. The initial response to the increase was a healthy one, with mortgage rates decreasing slightly after the change took […]

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Congratulations to all of the brokers who recently completed a 3.75 credit hour course on the subject of Real Estate Due Diligence. The course, which was taught by Firm Partner Jack Harari and Associate Caroline Malapero, was presented in cooperation with TitleVest, Inc., and took place at their corporate offices on February 28th. We appreciate […]

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According to Bloomberg, Federal Reserve Chair Janet Yellen and Vice Chair Stanley Fischer will speak in New York and Chicago today to address an expected increase in interest rates during March. Keep an weather eye out for new developments!

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Thursday, February 16, 2017

Closing Spotlight: January 2017

Just a few of our recent closings. If you are also looking to buy or sell at these property addresses, you might want to give us a call. Property Value Transaction 100 West 93rd Street, NY, NY $954,000 Condo Sale 155 Willoughby Avenue, BK, NY $2,695,000 House Purchase 303 Beverly Road, BK, NY $562,000 Coop […]

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