Jack Harari Certified to Teach Continuing Education Courses

December 21, 2016

Congratulations to firm Partner Jack Harari, who recently achieved his certification to teach continuing education courses from Governor Cuomo’s Bureau of Educational Standards. In the future, he will be teaching seminars to Real Estate brokers on a variety of topics relevant to the profession. If you are a broker and have ideas for topics to […]

From the New York Times: Coop Q & A

December 18, 2016

The huge presence of cooperative apartments in New York City is one of the many things that makes the local Real Estate market truly unique. However, the complex nature of coop ownership can sometimes be daunting to would-be purchasers–or even present owners. Since each coop is in essence its own independent corporation, individual buildings can […]

New Change to NY Mortgage Tax Law Takes Effect

December 15, 2016

On October 1st, a change in New York Mortgage Tax law went into effect. Mortgages guaranteed by or participated in by an IDA, or Industrial Development Agency, are no longer exempt from all mortgage taxes, but will now have to pay New York’s special additional mortgage tax. The special additional mortgage tax applies to New […]

Dinner on Us!

December 9, 2016

Weidenbaum & Harari told all our employees to pick some special people in their lives to go out for dinner…on us! The only catch? We wanted proof of the fun people were having in the form of a photo (the sillier the better). So we armed everyone with our firm logo and sent them out […]

NYC Real Estate Attorney’s Closing Report: September 2016

December 5, 2016

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 239 Union Avenue, Harrison, NY $1,400,000 House Purchase 1265 Decatur Street, BK, NY $465,000 Condo Purchase 225 East 36th Street, NY, NY $465,000 Coop […]

NYC Real Estate Attorney’s Closing Report: August 2016

November 11, 2016

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  319 East 50th Street, NY, NY $390,000  Coop Purchase  270 Riverside Drive, NY, NY $3,095,000  Condo Purchase  3965 Route 343, Amenia, NY $255,000  House […]

What are HDFC Buildings?

November 7, 2016

HDFCs (Housing Development Fund Corporations) are essentially income-restricted cooperatives; they limit a potential purchaser’s ability to buy in based on whether their annual salary falls below the calculated income cap. The establishment of HDFCs were geared toward purchasers looking for a residential home to keep for a substantial period of time, with the possibility of […]

NYC Real Estate Attorney’s Closing Report: July 2016

November 4, 2016

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 305 West 16th Street, NY, NY $771,000 Coop Purchase 22 Avon Road, New Rochelle, NY $737,000 House Purchase 139-141 West 126th Street, NY, NY […]

NYC Amnesty Program Now in Effect

November 2, 2016

From September 12 to December 12th of this year, the City will be taking part in an Amnesty Program meant to reduce or forgive certain fines and penalties from ECB (Environmental Control Board) violations. To be affected by the program, the fines must have gone into judgment before June 12 of this year. For more […]

FinCen Targeting Orders Extended Through 2017

October 27, 2016

The Financial Crimes Enforcement Network (FinCen), a division of the US Treasury Department, recently extended targeting orders that went into effect earlier this year. The orders were intended to combat money laundering schemes by identifying individuals behind companies and other entities purchasing real estate. The Targeting Orders will now remain in  effect until February 23, […]