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, […]
Congratulations to Weidenbaum & Harari’s own Caroline Malapero, who was selected to speak at the 14th Annual Financial Fitness workshop, organized by the Financial Planning Association of New York, on October 1. Caroline took part in a panel to discuss the financial merits of buying and renting Real Estate property in New York. For further […]
Congratulations go out to Anthony Morena, a client of Weidenbaum & Harari, who was recently profiled in the New York Times for his condominium development projects in Brooklyn. His recent piece in the New York Times highlights how condos in Brooklyn are proliferating, and how he is remaking his old Brooklyn neighborhood of East Williamsburg […]
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 180 West 58th Street, NY, NY $1,100,000 Coop Purchase 88-17 51st Avenue, Elmhurst, NY $459,000 Condo Purchase 44 June Road, North Salem, NY $699,000 […]
Contracts are at the heart of buying and selling real estate. This is because, by law, no real property can legally change hands (with the exception of a lease lasting less than one year) except through a written contract. This law is called the “Statute of Frauds.” In order to be legally binding, a contract […]
What happens when sellers leave behind unwanted possessions after a closing? Whether an armoire or an armadillo, sometimes old property is left for the new homeowner to deal with, despite promises and guarantees to the contrary. In most New York contracts of sale, there will be specific language that attempts to grapple with what personal […]
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 845 West 181st Street, NY, NY $286,000 Coop Refinance 900 West 19th Street, NY, NY $1,275,000 Coop Purchase 234 East 23rd Street, NY, NY […]
On July 21st, WHFirm partner Jack Harari was a guest speaker at Buying 101, held at the offices of Twitter in New York City to a packed audience. The event, hosted by broker Roger Ma of Charles Rutenberg LLC, was held as a resource for employees interested in learning more about the New York Real […]
WHFirm’s own Jack Harari and Caroline Malapero were both guest speakers at a recent event held at Google’s New York office, part of a series of lectures hosted by broker Roger Ma, of Charles Rutenberg LLC. Called Buying 101, the series is a resource for employees, many of whom may be new to New York […]
A condop is a co-op governed by condominium rules, right? Not quite. Colloquially, “condop” often refers to a co-op that claims to have a lenient board and subsequently operates more like a condominium, but this definition is not actually correct. In a hybrid condominium-co-op, also known as a “condop,” the building or property is divided […]