Archives

NYC Real Estate Attorney’s Closing Report: September 2018

February 1, 2019

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 261 West 25th Street, NY, NY $2,250,000 Condo Purchase 729 Hancock Street, BK, NY $2,149,000 House Purchase 50 Lexington Avenue, NY, NY $1,250,000 Coop […]

WHFirm Attorneys Give NYC Real Estate Lecture at AgentStudio

January 29, 2019

Firm Partners Jack Harari and Michael Zadjelovich recently presented a lecture in partnership with AgentStudio, aimed at familiarizing NYC Realtors with the Due Diligence process. We would like to extend out thanks to the attendees, and for AgentStudio for organizing and hosting the event!

The Long View: A Note on Mortgage Rates for Prospective Real Estate Purchasers

January 25, 2019

Freddie Mac recently posted an update on mortgage rates, noting that as of December 6, 2018, the recent trend toward rising rates was punctuated by a welcome pullback amid a steep sell-off in U.S. stocks. However, the informative chart that accompanies their report makes an interesting point that we believe is worth exploring. This chart, […]

NYC Real Estate Attorney’s Closing Report: August 2018

January 22, 2019

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 204 West 85th Street, NY, NY $2,050,000 Coop Purchase 24-12 42nd Road, LIC, NY $583,000 Condo Purchase 261 West 25th Street, NY, NY $1,325,000 […]

We Have (Not) Moved!

January 18, 2019

As recent visitors to our office will no doubt have noticed, our building has been undergoing extensive renovation and re-branding during the last couple of months. Not only will the existing lobby be upgraded, but a state-of-the-art lounge area will soon open on the 7th Floor. As part of this upgrade, our building has officially changed […]

NYC Real Estate Attorney’s Closing Report: July 2018

January 15, 2019

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 415 Grand Street, NY, NY $785,000 Coop Purchase  300 East 85th Street, NY, NY $1,250,000  Coop Sale 264 Lexington Avenue, NY, NY $915,000  Coop […]

NYC Real Estate Buyers and Sellers Breathe Easier as L Train Shutdown Called Off

January 8, 2019

As reported by the New York Times, Governer Cuomo has called off a planned shutdown of the L subway track, which would have lasted 15 months. The shutdown, which was intended to repair structural damage caused by Hurricane Sandy in 2012, will be replaced by a program of gradual repairs, and will accommodate full weekday […]

Westchester NY Real Estate Attorneys Beware: Fair Housing Law Amended to Protect Co-Op Purchasers

December 19, 2018

In an effort to combat discriminatory practices by coop boards, Legislators in Westchester have amended the county’s Fair Housing Law (Article II of Chapter 700), effective immediately.  This new amendment attempts to close a loophole by which coop boards could potentially discriminate against prospective purchasers by delaying action on their application beyond a reasonable time […]

Self-Managed Buildings: Tips for Brokers, Bankers, and Clients from a New York Real Estate Lawyer

December 12, 2018

Self-management helps smaller buildings save on the expense of retaining a management company. In exchange, unit owners (or the shareholders of a coop) take on the responsibility of performing building related tasks. These can range from repair and maintenance work to accounting and record keeping services. While self-management can help buildings balance their budgets, self-managed […]

The Top 5: What Bankers Love to See From Their NYC Real Estate Attorney

December 11, 2018

Our firm has represented a multitude of lenders in NYC real estate transactions over the years, working closely with loan officers and borrowers to see all parties to a smooth and successful closing. While each lender works somewhat differently, our experience has given us significant insight into what bankers love to see from their attorneys. […]