The New York Times recently published the following article, which should prove helpful to anyone thinking of purchasing a property in New York City. Among other tidbits, the article includes tips on fees and financing, key differences between coops and condos, advice for those needing a real estate broker, and a few tough truths about […]
In New York City, where multi-unit residential constructions make up the majority of available housing options, the soundproofing of apartments has become a booming industry. This article examines the science and practice of deadening the noise from that clomping upstairs neighbor or bassoon quartet, and how acoustic expertise can help to resolve the noise disputes […]
The city council recently approved a plan aimed at the rezoning of East New York, according to this article from DNAinfo. The plan, which passed near-unanimously, was lauded by many for its comprehensiveness and its focus on public infrastructure and housing, while others are critical, believing that the plan does not do nearly enough to […]
We are excited to share a recent article from Forbes, which includes a quote from partner Jack Harari. The article, entitled “Should You Waive Your Mortgage Contingency?,” was written by Roger Ma, and explores the risks and rewards that waiving the contingency can offer. While it can make an offer more attractive in a competitive […]
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 71 Nassau Street, NY, NY $1,115,000 Condo Purchase 457 West 57th Street, NY, NY $630,000 Coop Sale 250 West 27th Street, NY, NY $1,260,000 […]
We were overjoyed to see our own Barry Weidenbaum quoted in the New York Times this last week. The article, titled “Coop Wars: Do You Dare Walk on the Grass,” explores one of the most (surprisingly) contentious topics facing coop boards across the city: are communal grassy areas made to be walked on, or just […]
Real Estate Taxes in New York State are complex, and it can be difficult for a first-time buyer to know what they will owe. The chart attached here should clear up some of the confusion. It contains the tax amounts–residential and commercial–for Transfer Taxes and the Mortgage recording tax, including any local differences by county. […]
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 309 West 20th Street, NY, NY $417,000 Coop Refinance/Purchase 136 Westminster Road, BK, NY $850,000 House CEMA 351 State Street, BK, NY $3,950,000 Condo […]
New targeting orders from the Financial Crimes Enforcement Network (FinCEN) took effect beginning March 1st. These measures, aimed at fighting money laundering schemes by identifying individuals behind purchasing entities such as corporations, will affect which data certain Title Insurance companies must report to the government. The changes will be required for most purchases of Manhattan […]
The New York Times Real Estate section recently published an an advice column with information that prospective coop buyers may find pertinent. Two specific questions are ethical in nature: the first examines the use of “dummy money,” funds loaned or temporarily deposited into a bank account prior to closing in order to fulfill coop board […]