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 […]
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 […]
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, […]
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 139 East 33rd Street, NY, NY $440,000 Coop Sale 3840 Greystone Avenue, BX, NY $190,000 Coop Purchase 55 Liberty Street, NY, NY $999,000 Coop […]
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 […]
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 […]
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!
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 […]
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 300 West 23rd Street, NY, NY $506,000 Coop Refinance 340 East 93rd Street, NY, NY $1,425,000 Coop Purchase 737 Bergen Street, BK, NY $975,000 […]
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 200 Riverside Boulevard, NY, NY $2,150,000 Condo Purchase 360 Cabrini Boulevard, NY, NY $640,000 Coop Purchase 215 Adams Street, BK, NY $340,000 Coop Purchase […]